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): December 1, 2014

 

EMBARR DOWNS, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

(State or other jurisdiction of incorporation)

 

000-55044

 46-3403755

(Commission File No.)

 

(IRS Employer Identification No.)

 

205 Ave Del Mar #984

San Clemente, CA 92674

(Address of principal executive offices) (zip code)

 

(949) 461-1471

(Registrant’s telephone number, including area code)

 

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:

 

¨ 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 3.02 Unregistered Sales of Equity Securities.

 

See Item 8.01 below.

 

Item 8.01 Other Events.

 

(1)

The Company issued 2,398,529 shares of Common stock at an applicable conversion price of $0.0034. KBM Worldwide converted $8,155 of its note convertible in the amount of $53,000. The agreement with KBM Worldwide allows them to convert their debt after six (6) months at a conversion price equal to the average of the three (3) lowest closing bid prices ten (10) trading days prior to the conversion date. This draw is against the note dated April 14, 2014 in the amount of $53,000. There is $34,845 remaining on the note.

 

 

(2)

The Company agreed to sale its thoroughbred Street Car for $3,000.

 

 

(3)

The Company’s thoroughbred Lone Warrior raced on Thursday November 27, 2014. It was Lone Warrior’s first race.

 

 

(4)

The Company will be filing a NT 10-K for its 10-K. The Company’s auditors need the additional time to finalize the acquisition of WB Partners.

 

 
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SIGNATURE

 

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. 

 

  Embarr Downs, Inc.  
       
Dated: December 1, 2014 By /s/ Joseph Wade  
  Name: Joseph Wade  
  Title: CEO  

 

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