Current Report Filing (8-k)

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): February 13, 2015

 

MINING GLOBAL, INC.

(Exact name of registrant as specified in its charter)

 

Nevada	000-53556	74-3249571
(State or Other Jurisdiction	(Commission File Number)	(IRS Employer
of Incorporation)		Identification No.)

 

224 Datura St.

Suite 1015

West Palm Beach FL 33401

(Address of Principal Executive Officers) (Zip Code)

 

Registrant's telephone number, including area code: [phone]

 

                                                                           

(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 (see General Instruction A.2. below):

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

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 ☐

 

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

ITEM 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT

 

On March 17, 2015, Mining Global, Inc., a Nevada corporation (the “Company” or “MNGG”), entered into a Settlement and Exchange Agreement (the “Agreement”) with Nathan Yoder and Joel Natario. A copy of such Agreement is attached hereto as Exhibit 10.1.

 

Yoder etal made certain representations upon which representations the management relied up that they in fact loaned certain sums of monies or will loan certain sums of money to the Company. The current management has conducted an exhaustive and forensic search and can not locate any evidence that any monies were in fact advanced by Yoder as outlined in the aforementioned agreement.

 

The current management has also made efforts by itself and through its litigation lawyers demanding proof of such indebtedness. The Yoder representatives are either non responsive or evasive in production of proof of the monies loaned to the company.

 

The management is of the opinion that the Yoder loan document is fraudulent in nature non valid and non binding.

 

Effective immediately (February 12, 2018) or retroactive to the date first entered into the agreement as permitted by law, the current management hereby rescinds the agreement.

 

 

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

 

10.1         Settlement and Exchange Agreement

 

 

 

 

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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.

 

Dated: February 12, 2018

 

By: /s/ Sammy Adigun                              Name: Sammy Adigun Title: Chief Executive Officer

 

 

 

 

 

 

 

 

 

 

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