Attached files

file filename
EX-99.1 - DEMAND FOR ARBITRATION - Rotate Black, Inc.robk_ex1.htm
EX-99.2 - CONTRACT DAMAGES - Rotate Black, Inc.robk_ex2.htm
EX-99.3 - NOTICE OF ARBITRATION - Rotate Black, Inc.robk_ex3.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
 
May 6, 2011
Date of report (Date of earliest event reported)
 
Rotate Black, Inc.
(Exact Name of Registrant as Specified in its Charter)
 
Nevada
 
0-14039
 
75-3225181
(State or Other Jurisdiction
 
(Commission
 
(I.R.S. Employer
of Incorporation)
 
File Number)
 
Identification No.)
 
932 Spring Street, Suite 201
PETOSKEY, MI 49770
(Address of Principal Executive Offices) (Zip Code)
 
231/347-0777
(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 filing 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 Securities 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))



 

 
 
 


 
Item 8.01  Other Events.

Rotate Black, Inc’s subsidiary, Rotate Black Gaming, Inc., (together the “Company") has commenced binding arbitration under their Development and Management Agreements with the Seneca Nation of Indians (Senaca Nation").  The Company is seeking $21 million in actual damages and $350 million in lost profits.

Reference is made to the attached exhibits for a full understanding of Rotate Black’s claims.


Item 9.01  Financial Statements and Exhibits.
 
    (d)   Exhibits
 
 Exhibit No.
 
 Description
 99.1
 
Demand for Arbitration
99.2   Contract Damages
99.3
 
Notice of Arbitration
 
 

 
 

 
 




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.
 
 
 
 
Rotate Black, Inc.
(Registrant)
 
       
Date: May 6, 2011
By:
/s/ JOHN C. PAULSEN
 
   
Name:  John C. Paulsen
 
   
Title:  Chief Executive Officer