U.S. 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) November 21, 2011
Commission File No. 333.136247
DOMARK INTERNATIONAL, INC.
(Exact name of small business issuer as specified in its charter)
Nevada
(State or other jurisdiction of incorporation or organization)
20-4647578
(IRS Employer Identification No.)
254 S Ronald Reagan Blvd, Ste 134
Longwood, Florida 32750
(Address of principal executive offices)
877-700-7369
(Issuer's telephone number)
(Former name or former address, if changed since last report)
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 (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))
As used in this report, the terms "we", "us", "our", "our company" "Domark"
refer to Domark International, Inc., a Nevada corporation.
ITEM 4.02. NON-RELIANCE ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS OR A
RELATED AUDIT REPORT OR COMPLETED INTERIM REVIEW
The Board of Directors, in reviewing the annual report on Form 10-K for the year
ended May 31, 2011, filed on September 14, 2011, determined that the Form 10-K
financial statements for May 31, 2011 should not be relied upon and have
authorized the filing of a Form 10-K/A as soon as possible for the year ended
May 31, 2011 for the following reason:
The Company intends to restate its financial statements for the year ending May
31, 2011, to correct items relating to the outstanding shares issued for the
Victory Lane agreement. Accordingly, our previously filed financial statements
for the year ending May 31, 2011 cannot be relied upon. On May 27, 2009, the
Company issued 5,747,126 shares of common stock, valued at $10,000,000, to
Victory Lane Financial Elite, LLC for the purchase of Victory Lane. Shortly
thereafter, a dispute arose between the Company and Victory Lane regarding
alleged misrepresentations made by Victory Lane in connection with the Victory
Lane Agreement. As a result the Company considered the transaction as
incomplete, demanded the return of the shares and reversed the initial recording
of the transaction.
Our May 31, 2011 Form 10-K will be restated to include the issuance of the
shares valued at $10,000,000 and a stock receivable for the outstanding shares
due to the Company.
Further information can be found in future filings of the Company with the
Securities and Exchange Commission.
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.
DOMARK INTERNATIONAL, INC.
Date: November 22, 2011 By: /s/ R. Thomas Kidd
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R. Thomas Kidd
Chief Executive Officer
