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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): June 30, 2011
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ROBERTSON GLOBAL HEALTH SOLUTIONS CORPORATION
(Name of registrant in its charter)
_____________________________________
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Nevada
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0-6428
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88-0105586
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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4215 Fashion Square Blvd.
Suite 3
Saginaw, Michigan 48603
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| (Address of principal executive offices) |
Registrant's telephone number: (989) 799-8720
______________________________________
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:
[ ] Written communications pursuant to Rule 425 under the Securities Act
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
Item 1.01 Entry into a Material Definitive Agreement
Robertson Health Services, Inc. (“RHS”), a wholly owned subsidiary of Robertson Global Health Solutions Corporation (the “Registrant”) entered into Extension Agreements with certain creditors and consultants, each of which hold unsecured Promissory Notes with maturity dates of June 30, 2011. Each note holder has agreed to extend the maturity date of his/her respective note(s) to September 30, 2011. Each note will continue to accrue interest at the same rate as was previously agreed to. The details of each note are as follows:
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Accrued
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Total
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Interest
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Principal and
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Note
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Interest
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as of
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Accrued
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Holder
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Relationship
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Rate
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Principal
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6/30/2011
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Interest
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Amgest Ltd.
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Affiliate of Shareholder / Director
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(2 | ) | 5 | % | $ | 138,325 | $ | 7,542 | $ | 145,867 | ||||||||||
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James Barnes
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Shareholder / Consultant
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(3 | ) | 18 | % | 15,000 | 7,427 | 22,427 | |||||||||||||
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Bonnie Chu
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Beneficial Shareholder / Consultant
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(4 | ) | 10 | % | (1 | ) | 30,000 | 12,855 | 42,855 | |||||||||||
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Gerald Ehrens
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Shareholder / Director
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(5 | ) | 10 | % | 25,000 | 10,801 | 35,801 | |||||||||||||
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Gerald Ehrens
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Shareholder / Director
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(5 | ) | 18 | % | 130,000 | 95,716 | 225,716 | |||||||||||||
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Gerald Ehrens
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Shareholder / Director
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(5 | ) | 18 | % | 35,000 | 25,338 | 60,338 | |||||||||||||
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Gerald Ehrens
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Shareholder / Director
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(5 | ) | 18 | % | 30,000 | 21,467 | 51,467 | |||||||||||||
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Gerald Ehrens
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Shareholder / Director
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(5 | ) | 18 | % | 15,000 | 10,578 | 25,578 | |||||||||||||
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Gerald Ehrens
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Shareholder / Director
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(5 | ) | 18 | % | 15,000 | 7,464 | 22,464 | |||||||||||||
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Bruce Gardiner
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Beneficial Shareholder
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(6 | ) | 18 | % | 20,000 | 9,902 | 29,902 | |||||||||||||
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Peter Perkinson
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Shareholder / Director
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(5 | ) | 10 | % | (1 | ) | 25,000 | 10,795 | 35,795 | |||||||||||
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Peter Perkinson
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Shareholder / Director
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(5 | ) | 10 | % | (1 | ) | 17,500 | 7,499 | 24,999 | |||||||||||
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Peter Perkinson
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Shareholder / Director
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(5 | ) | 5 | % | 104,850 | 5,716 | 110,566 | |||||||||||||
| $ | 600,675 | $ | 233,100 | $ | 833,775 | ||||||||||||||||
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(1)
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Rate of interest is the higher of 10% or 1% above the Wall Street Journal Prime Rate in effect from time to time.
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(2)
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Amgest Ltd. is owned by Gerald Ehrens, a director of the Registrant and a less than 5% shareholder.
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(3)
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James Barnes acts as SEC reporting consultant to the Registrant and is a less than 5% shareholder.
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(4)
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Bonnie Chu is a trustee and beneficiary of Chu Family Trust, a less than 5% shareholder of the Registrant. Ms. Chu also acts as a consultant to the Registrant in the role of Chinese/American liaison.
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(5)
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Holder is a Director of the Registrant and is a less than 5% shareholder.
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(6)
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Bruce Gardiner is the owner of Bruce Gardiner CPA, PC, a less than 5% shareholder of the Registrant.
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Item 9.01 Financial Statements and Exhibits
(d) The following exhibits are included with this Current Report on Form 8-K.
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Exhibit 10.1
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Form of Promissory Note Extension Agreements due September 30, 2011 with interest rates of 10% to 18% between the Company and five creditors dated June 30, 2011 for an aggregate principal amount of $357,500
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Exhibit 10.2
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Form of Promissory Note Extension Agreements due September 30, 2011 with an interest rate of 5% between the Company and two director consultants dated June 30, 2011 for an aggregate principal amount of $243,175
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SIGNATURES
In accordance with Section 13 or 15(d) 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.
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Robertson Global Health Solutions Corporation
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Dated: July 7, 2011
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By:
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/s/ Melissa A. Seeger
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Name:
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Melissa A. Seeger
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Title:
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Chief Financial Officer
(Principal Financial and Accounting Officer)
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