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EX-99.1 - PRESS RELEASE - Scio Diamond Technology Corplsb_8k1027ex.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): October 27, 2014
__________________
SCIO DIAMOND TECHNOLOGY CORPORATION
(Exact name of registrant as specified in its charter)
__________________
 
 
 
 
 
 
Nevada
 
000-54529
 
45-3849662
(State or other jurisdiction of incorporation)
 
 
(Commission File Number)
 
 
(IRS Employer Identification No.)
 
 
 
 
 
 
411 University Ridge Suite D
Greenville, SC
 
29601
(Address of principal executive offices)
 
(Zip Code)

Registrant’s telephone number, including area code: (864) 751-4880
Not applicable
(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):
 
 
 
¨
 
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 October 2, 2014 Scio Diamond Technology Corporation (the “Company”) entered into a Memorandum  of  Understanding (the “MOU”) with Renaissance Diamonds, Inc., (“Renaissance”).  The MOU represents the good faith intentions of the Company and Renaissance to collaborate through a joint venture to develop procedures and recipes and market and sell lab-grown fancy-colored diamonds.
A copy of the above-referenced press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.  
Item 9.01  Financial Statements and Exhibits.

(a)  Not applicable.
(b)  Not applicable.
(c)  Not applicable.
(d)  Exhibits.

 
Exhibit No.
 
Description
 
 
99.1
 
 
Press Release issued on October 27, 2014

 



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.
 
 
SCIO DIAMOND TECHNOLOGY CORPORATION
 
 
 
(Registrant)
 
 
 
 
 
 
 
Date:  October 27, 2014
 
By:
 
/s/ Gerald McGuire
 
 
 
 
 
Gerald McGuire
 
 
 
President and Chief Executive Officer


EXHIBIT INDEX
Exhibit No.
 
Description
99.1
 
 
Press Release issued on October 27, 2014