CWNOF ChineseWorldNet com Inc (PK)

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2015

 

Commission File Number 000-33051

 

CHINESEWORLDNET.COM INC.

 

(Translation of registrant’s name into English)

 

Appleby, Clifton House, 75 Fort Street, P.O. Box 190, Grand Cayman, Cayman Islands KY1-1104

 

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F  x      Form 40-F   ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)   ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)   ¨

 

 

SUBMITTED HEREWITH

 

Exhibits

 

10.1	Promissory Note Extension Agreement

 

 

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, thereunto duly authorized.

 

ChineseWorldNet.com Inc.
a Cayman Islands Corporation
/s/ Chi Cheong Liu
Chi Cheong Liu
Director, President, Chief Executive Officer, Chief Financial Officer, and Treasurer

 

 

Exhibit 10.1

 

PROMISSORY NOTE EXTENSION AGREEMENT

 

April 22, 2015

 

This Promissory Note Extension Agreement (“Agreement”) is made and entered into as of April 22, 2015, by and among ChineseWorldNet.com Inc. (the “Lender”) and Ningbo International Limited (the “Borrower”).

 

WHEREAS on April 28, 2014, the Borrower issued a promissory note in the amount of Eight Hundred Thirty One Thousand Thirty One Dollars and Ten Cents ($831,031.10) (the “Promissory Note”) to the Lender due on April 28, 2015 (the “Maturity Date”); and

 

WHEREAS the Borrower and the Lender have agreed to extend the Maturity Date.

 

NOW THEREFORE in consideration of the premises and mutual covenants herein contained, and for good and valuable consideration, the receipt and sufficiency of which each party acknowledges, the parties hereto agree as follows:

 

1.

Extension of Promissory Note: The Maturity Date of the Promissory Note shall be extended to April 28, 2016.

 

2.

This Agreement, along with the terms of the Promissory Note not modified by this Agreement, represents the entire understanding of the parties with respect to the matters referred to herein and supersedes all prior understandings, written or oral, between the parties with respect thereto.

 

The Company hereby waives presentment, notice, protest and all other demands and notices in connection with the delivery, acceptance, performance, default or enforcement of this promissory note.

 

IN WITNESS WHEREOF, the Agreement was duly executed as of the date set forth above.

 

NINGBO INTERNATIONAL LIMITED

 

 

Per: /s/ YING KIT LAU
Authorized Signatory

 

 

CHINESEWORLDNET.COM INC.

 

Per: /s/ CHI CHEONG LIU
Authorized Signatory