Attached files
file | filename |
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EX-10.2 - DISMISSAL ENTRY - IB3 Networks, Inc. | exh10-2_16735.htm |
EX-10.1 - MUTUAL SETTLEMENT AND RELEASE AGREEMENT - IB3 Networks, Inc. | exh10-1_16735.htm |
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): February 16,
2010
IB3
NETWORKS, INC.
(Exact
name of registrant as specified in its charter)
Nevada
|
000-52374
|
61-1433933
|
(State
or other jurisdiction of incorporation)
|
(Commission
File Number)
|
(I.R.S.
Employer Identification No.)
|
906
Thayer Drive
Columbus,
Ohio
|
43230
|
(Address
of principal executive offices)
|
(Zip
Code)
|
Registrant’s
telephone number, including area code: (614)-602-4788
10 South
High Street
Canal
Winchester, Ohio 43110
(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:
£
|
Written
communications pursuant to Rule 425 under the Securities Act (17CFR
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))
|
SECTION
1 – REGISTRANT’S BUSINESS AND OPERATIONS
Item
1.01 Entry into a Material Definitive Agreement
On
February 11, 2010, the Court of Common Pleas, Franklin County,
Ohio accepted a Dismissal Entry between our wholly owned subsidiary,
iBeam Solutions, LLC, (Plaintiff) and Data Center 101, LLC, (Defendant) which
was approved by attorneys for Defendant on behalf of Data Center 101, LLC, Jay
B. Eggspuehler, Esq. of Brandon, Boyle, Burkholder & Bringardner, Co.,
L.P.A.
The
Mutual Settlement and Release Agreement states for and in consideration of the
payment of all sums paid to date by iBeam Solutions, LLC to Data
Center 101, LLC, the Data Center hereby releases and forever
discharges iBeam Solutions, LLC and all related and affiliated companies fully
discharging all claims and complaints against the company.
SECTION
9 – FINANCIAL STATEMENTS AND EXHIBITS
Item
9.01 Financial Statements and Exhibits
Exhibit
No.
|
Description
|
10.1
|
Mutual
Settlement & Release Agreement
|
10.2 |
Dismissal
Entry
|
- 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.
IB3
Networks, Inc.
By:
/s/
Michael Jacobson
Michael
Jacobson
President/Chairman
of the Board
Date: February
16, 2010
|
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