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): April 4, 2011
AsherXino Corporation
(Exact name of registrant as specified in its charter)
| DELAWARE | 000-10965 | 93-0962072 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
| 5847 San Felipe Street, 17th FL, Houston, TX | 77002 |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (713) 413-3345
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:
| ¨ | 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)) |
Section 3 -Securities and Trading Market
| Item 3.02 | Unregistered Sales of Equity Securities. |
On April 4, 2011, we issued a total of 35,025,300 shares of our $0.001 par value common stock at a purchase price of $0.11 per share to 13 individuals and entities for services rendered to the Company for a total consideration valued at $3,852,783 in services. The shares were issued pursuant to an exemption provided by Section 4(2) of the Securities Act of 1933, as amended.
Section 9 -Financial Statements and Exhibits
| Item 9.01 | Financial Statements and Exhibits. |
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(a) |
N/A |
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(b) |
N/A |
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(c) |
N/A |
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(d) |
N/A |
SIGNATURE
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.
| ASHERXINO CORPORATION | ||||||||
| Dated: May 10, 2011 | By: | /s/Bayo Odunuga | ||||||
| Name: | Bayo Odunuga | |||||||
| Title: | Chief Executive Officer | |||||||
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