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EX-99.1 - EXHIBIT 99.1 - YTB International, Inc.ex991.htm
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):  March 1, 2013

YTB International, Inc. 

(Exact Name of Registrant as Specified in Its Charter)
 
Delaware

(State or Other Jurisdiction of Incorporation)
 
000-18412
20-2181181
(Commission File Number)
(IRS Employer Identification No.)
 
 1901 East Edwardsville Road  
 Wood River, Illinois 62095
 (Address of Principal Executive Offices)   (Zip Code)
                             
(618) 655-9477

(Registrant’s Telephone Number, Including Area Code)
 

(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 (see General Instruction A.2. below):
 
 
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 1.03.
Bankruptcy or Receivership.

On March 1, 2013, YTB International, Inc. and most of its wholly-owned subsidiaries commenced a proceeding under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Illinois, in East St. Louis, Illinois.
 
Item 8.01 Other Events
 
On March 1, 2013, YTB International, Inc. issued a press release concerning its commencement of a proceeding under Chapter 11 of the U.S. Bankruptcy Code.  A copy of the press release issued on March 1, 2013 is attached hereto as Exhibit 99.1.
 
Item 9.01 Financial Statements and Exhibits
 
a.)  
Not Applicable
b.)  
Not Applicable
c.)  
Not Applicable
d.)  
Exhibits: Press Release
 
Exhibit Number    
     
99.1   Press release announcing the bankruptcy dated March 1, 2013
 

         
 
 

 

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.

  YTB INTERNATIONAL, INC.  
       
Date: March 5, 2013
By:
/s/ Steve Boyd  
    Name: Steve Boyd  
    Title: Vice President/Principal Accounting Officer