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EX-10.1 - AMENDMENT TO LONG SIDE VENTURES LLC CONVERTIBLE DEBENTURE - Intelligent Living America, Inc.f8k081413ex10i_feelgolf.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):  August 14, 2013
 
_______________________________
 
Feel Golf Co., Inc.
(Exact name of registrant as specified in its charter)
_______________________________
 
California
000-26777
77-0532590
(State or Other Jurisdiction
(Commission
(I.R.S. Employer
of Incorporation)
File Number)
Identification No.)
 
20801 Biscayne Blvd., Suite 403
 
Aventura, FL 33180
(Address of Principal Executive Offices) (Zip Code)
 
866.326.3000
(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:
 
¨
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 1.01            Entry into a Material Definitive Agreement
 
On August 14, 2013, the Company and Long Side Ventures amended their current outstanding debenture dated February 11, 2011 so that the conversion formula is as follows:
 
“Subject to adjustment as provided in Section 2.1(c) hereof, the Conversion Price per share shall be the higher of: (i) 50% of the average of the five lowest intraday prices for the Company’s stock during the previous 15 trading days: or (ii) $0.0001.”
 
Previously, the conversion price was $.0001.
 
Item 9.01.           Financial Statements and Exhibits

(c)       10.1           Amendment to Long Side Ventures LLC Convertible Debenture

 
 

 
 
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.
 
 
 Date: August 19, 2013
Feel Golf Company, Inc.
 
By
/s/Victoria Rudman
   
Name: Victoria Rudman
Title: Chief Executive Officer

 
 

 
 
INDEX TO EXHIBITS
 
 
Exhibit No.         Description

10.1                      Amendment to Long Side Ventures LLC Convertible Debenture