Information Statement - All Other (definitive) (def 14c)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 14C INFORMATION

 

Information Statement Pursuant to Section 14(c)

of the Securities Exchange Act of 1934

 

Check the appropriate box:

 

¨	Preliminary Information Statement
¨	Confidential, For Use of the Commission Only (as permitted by Rule 14c-5(d)(2))
¨	Definitive Information Statement

 

FLITWAYS TECHNOLOGY, INC.

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(Name of Registrant as Specified In Its Charter)

 

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(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)

 

Payment of Filing Fee (Check the appropriate box):

x	No fee required.
¨	Fee computed on table below per Exchange Act Rules 14c-f5(g) and 0-11.

 

	1)	Title of each class of securities to which transaction applies:
	2)	Aggregate number of securities to which transaction applies:
	3)	Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
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¨	Fee paid previously with preliminary materials:
¨	Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
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	3)	Filing Party:
	4)	Date Filed:

 

 

 

 

 

 

Notice to Shareholders

 

The Company Flitways Technology has successfully secured certain cross collateral financing in the amount of $250,000 @12 % interest. The funds are to be used to retrofit a Challenger Jet 600 which FTWS holds certain interest. FTWS intends to sub lease and deploy in various activities such as luxury charter and other revenue generating models.

 

The preferred shareholder Mina Mar Group and Miro Zecevic together with Daniel Sobolowski as interim management have provided a personal guarantee to the financier to secure the loan.

 

FTWS has secured several sub license arrangements.

 

The company management continue resolving many crippling debts which the company has been saddled with. See 8k of Oct 15 2018 and ex management Tobi Mac Aro. These debts are in excess of $1,7 million dollars.

 

The Company has successfully reined in and successfully and legally ceased payments on 1,3 million of the 1,7 million dollars of debt.

 

 

 

 

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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.

 

	FLITWAYS TECHNOLOGY, INC.
	By:	/s/Daniel Sobolewski
		Daniel Sobolewski
		Chief Executive Officer

 

Date:  January 21, 2020

 

 

 

 

 

 

 

 

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