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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 reported event): October 21, 2014
EMPIRE GLOBAL CORP.
(Exact name of registrant as specified in its charter)
DELAWARE 0 - 50045 33-0823179
(State or other (Commission File Number) (I.R.S. Employer
jurisdiction of Identification Number)
incorporation or
organization)
671 Westburne Dr.
Concord, Ontario L4K 4Z1, Canada
(Address of principal executive offices)
(647) 229-0136
(Registrant's telephone number)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registration 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))
As used herein, "we," "our," "us" and similar terms included herein refer to
Empire Global Corp. and its subsidiaries.
Item 7.01. Regulation FD Disclosure.
The information set forth herein and the news release attached as Exhibit 99.1
incorporated by reference into this Item 7.01 in satisfaction of the public
disclosure requirements of Regulation FD is intended to be "furnished" under
Item 7.01 of Form 8-K (Regulation FD Disclosure). This information shall not be
deemed "filed" for purposes of Section 18 of the Securities Exchange Act of
1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities
of that section. In addition, this information shall not be incorporated by
reference into any registration statement filing under the Securities Act of
1933, as amended, or the Exchange Act, regardless of any general incorporation
language in such filing, unless it is specifically incorporated by reference in
such filing.
Empire Global Corp. is furnishing certain financial information regarding its
business, including the following events that occurred subsequent to June 30,
2014:
- The Company received $2,669,000 in gross proceeds in a private placement
from an accredited investor
- The Company prepaid the amounts due on the Promissory Note obligation of
CAD$ 85,000.00 plus interest that was due on October 31, 2014. The
prepayment of this financing resulted in a reduction of (i) cash of
$76,447.69, and (ii) current debt in aggregate pincipal and interest of
CAD$ 85,950.14
- The Company repurchased $70,000 in aggregate principal amount of our 24%
unsecured Debentures due July 9, 2016. The repurchase of these debentures
resulted in reductions in (i) cash aggregating $74,741.09, (ii) interest due
of $4,741.09 and (iii) long-term debt of $70,000.00
- The Company paid EUR 252,922.05 to Streamlogue Holdings Inc. resulting in a
decrease in cash of $332,249.47
- The Company reduced accounts payable of $127,897.61
Item 8.01. Other Events.
On October 21, 2014, we gave notice to Multigioco Srl that the Company will pay
EUR 490,000 to exercise our option on the shares issued for the Share Purchase
Agreement dated August 15, 2014 to acquire Multigioco Srl.
On October 23, 2014, we issued a press release announcing that we extinguished
the Promissory Note and Debenture debt obligations (the "Debts"). A copy of the
press release is attached as Exhibit 99.1 and is incorporated herein by
reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
The following exhibits are filed herewith:
Exhibit No. Description
99.1 Press Release of Empire Global Corp., dated October 23, 2014,
announcing the extinguishing of Debt.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
DATED: October 23, 2014. EMPIRE GLOBAL CORP.
Per: /s/ MICHELE CIAVARELLA
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MICHELE CIAVARELLA, B.Sc.
Chairman of the Board and
Chief Executive Officer
EXHIBIT INDEX
Exhibit Number Description
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99.1 Press Release dated October 23, 2014 captioned "Empire Global
Corp. Extinguishes Debt