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PYBX Hydro Power Technologies Inc (PK)

0.0158
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hydro Power Technologies Inc (PK) USOTC:PYBX OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0158 0.0089 0.0158 0.00 14:30:00

- Current report filing (8-K)

25/11/2008 8:04pm

Edgar (US Regulatory)


 


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): November 19, 2008
 
PLAYBOX (US) INC.
(Exact name of registrant as specified in its charter)
 
Nevada
000-52753
n/a
(State or other jurisdiction of
(Commission File
(IRS Employer Identification
incorporation)
Number)
No.)

Suite 3.19, 130 Shaftesbury Avenue
 
London, England
W1D 5EU
(Address of principal executive offices)
(Zip Code)
 
44 20 7031 1187
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 is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o Written communications pursuant to Rule 425 under the Act (17 CFR 230.425)
 
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
 
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
 
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))

 
1

 
Item 1.01                      Entry Into Material Definitive Agreement

On November 19, 2008, Playbox (US) Inc., a Nevada corporation, (the “Registrant” or “Company” or “Playbox”), entered into a Settlement Agreement and General Mutual Release (the “Settlement Agreement”) with Debondo Capital Inc.,  a company incorporated in London, England (“Debondo”).

Under the terms of the Agreement, Debondo received 5,623,006 restricted shares of the common stock of the Company in full and final settlement of a USD $224,920.24 debt owing to Debondo by Playbox.

The foregoing description of the Settlement Agreement does not purport to be complete and is qualified in its entirety by reference to the agreement, a copy of which is filed as Exhibit 99.1, and incorporated by reference.

Item 9.01                         Financial Statements and Exhibits.
 
(a) Not applicable
 
(b) Not applicable
 
(c) Not applicable
 
(d) Exhibits:
 
 
  Exhibit No.
 
 Description
 
       
99.1
 
 Settlement Agreement with Debondo Capital Inc.
 


 
2

 
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.

     
Date: November 24, 2008
Playbox (US) Inc.
 
     
 
By:   /s/ Gideon Jung
 
   Gideon Jung  
   President  

    
 
3

 

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