Current Report Filing (8-k)
June 11 2020 - 04:16PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of Report (Date of earliest event reported) March 20, 2020
BorrowMoney.com,
Inc.
(Exact
name of registrant as specified in its charter)
Florida
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333-208854
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65-0981503
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(State
or other jurisdiction
of
incorporation)
|
|
(Commission
File Number)
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|
(I.
R. S. Employer
Identification
No.)
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512
Bayshore Drive
FT.
Lauderdale, Florida 33304
(Address
of principal executive offices, including ZIP code)
(212)
265-2525
(Registrant’s
telephone number, including area code)
Not
Applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
[ ]
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities
registered pursuant to Section 12(b) of the Act: None.
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company [X]
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item
1.01 Entry into a Material Definitive Agreement.
On
March 20, 2020, BorrowMoney.com, Inc. (the “Company”) entered into a Joint Venture Agreement (the “Agreement”)
with JVLS, LLC (dba Vaccines2 Go) (“JVLS” and together with the Company, the “Parties”) pursuant to which
the Parties agreed to form a joint venture entity, named BM&V2GO, to, among other things, develop IT and maintain and deploy
certain medical services (the “Venture”). The term of the Venture shall continue until February 28, 2025 unless extended
or terminated earlier pursuant to the terms of the Agreement. Pursuant to the Agreement, Aldo Piscitello, Chief Executive Officer
of the Company, and Jody Stewart will serve as managers of the Venture. Furthermore, pursuant to the terms of the Agreement, each
Party will initially contribute $3.5 million to the Venture in the form of cash or property.
The
foregoing summary of the Agreement does not purport to be complete and is qualified in its entirety by reference to the Agreement
which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is hereby incorporated by reference.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Date:
June 11, 2020
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BorrowMoney.com,
Inc.
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/s/
Aldo Piscitello
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Aldo
Piscitello
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President
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