Attached files
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): March 29, 2012
Commission File Number 333-136247
Domark International Inc.
(Exact name of registrant as specified in its charter)
Nevada 20-4647578
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
254 S. Ronald Reagan Blvd, Suite 134
Longwood, Florida 32750
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (877) 732-5035
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 (see General Instruction A.2. below):
[ ] 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 March 5, 2012 Domark International Inc. (the "Company" or "Domark") entered
into an Asset Purchase Agreement (the "Agreement") with its former controlling
shareholder, R. Thomas Kidd ("Kidd"), for the sale of its wholly owned
subsidiary, Armada/The Golf Championships ("Armada"), and certain assets related
thereto.
In consideration for the sale of Armada, Kidd was to return to the Company
50,000 shares of the Company's Series A Preferred Stock and 9,771,500 shares of
the Company's Common Stock. As of March 29, 2012 Kidd has returned to the
Company, and the Company has cancelled, 50,000 shares of its Series A Preferred
Stock and 9,331,500 shares of its Common Stock. Kidd has reported to the Company
that the remaining 400,000 shares of Common Stock due to be returned have been
released from his bankruptcy proceedings and should be delivered to the Company
for cancellation in the next several days.
As of March 29, 2012 there are 50,000 issued and outstanding shares of the
Company's Series A Preferred Stock, owned by the Company's CEO, Michael
Franklin, and 28,195,298 issued and outstanding shares of the Company's Common
Stock. The Company's transfer agent reports of the issued and outstanding shares
of Common Stock, 7,164,999 are free trading and 21,030,299 bear a restrictive
legend.
Also, on March 29, 2012 the Company issued a press release containing guidance
to its shareholders regarding the resale of Domark restricted stock. The press
releases indicates that the Company's securities counsel has determined that the
earliest date under which restricted shares may be resold under the provisions
of Rule 144 is October 27, 2012.
ITEM 9.01: FINANCIAL STATEMENTS AND EXHIBITS
Exhibit Number Description
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99.1 Press Release issued by Domark International Inc. on March 29,
2012
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
Domark International Inc.
By: /s/ Michael Franklin
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Michael Franklin
Chief Executive Officer
Date: March 29, 2012
