UNITED STATES
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): January 26, 2011
 

 
Geospatial Holdings, Inc.
(Exact Name of Registrant as Specified in its Charter)
 

 
 
Nevada
 
333-04066
 
87-0554463
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification Number)
 
229 Howes Run Road, Sarver, PA 16055
(Address of principal executive offices)
 
(724) 353-3400
(Registrant’s telephone number, including area code)

N/A
(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 (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))
 
 
 


 
 
 
 
 
 
Item 8.01.  Other Events.
 
On January 26, 2011, Geospatial Holdings, Inc. (the “Company”) announced that it has entered into a non-binding Letter of Intent with USIC Locating Services, Inc. (“USIC”) to sell substantially all the assets of the Company’s fully-owned subsidiary, Utility Services and Consulting Corporation, to USIC.  Terms of the Letter of Intent were not announced.
 
 
 
 
 

 
 
 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
GEOSPATIAL HOLDINGS, INC.
     
 
By:
 
/s/ Thomas R. Oxenreiter
 
Name:  
 
Thomas R. Oxenreiter
 
Title:
 
Chief Financial Officer
 
Date: January 26, 2011