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 6, 2015
PEER TO PEER NETWORK
(Exact name of registrant as specified in its charter)
Nevada 001-33968 45-4928294
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
2360 Corporate Circle, Suite 400, Henderson, NV 89074-772
(Address of principal executive offices) (Zip Code)
(702) 608-7360
(Registrant's telephone number, including area code)
n/a
(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 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT
On March 6, 2015, the registrant Peer to Peer Network ("Company") notified
321Lend, Inc. ("321Lend") that it had failed to fulfill certain conditions
relating to securing investment (the "Capital Raise") as stated and defined in
the Agreement and Plan of Merger dated July 17, 2014 between the parties
("Agreement"). Pursuant to the Agreement, the assets of 321Lend and the merger
consideration had been held in escrow pending the successful completion of the
Capital Raise. Due to this, 321Lend has been returned to its prior owners and is
no longer a subsidiary of the Company, the 18 million shares of Company stock to
be issued to 321Lend's founders is returned to the Company for cancellation, the
Company shall not issue any warrants to 321Lend founders as stated in the
Agreement, and Shin Hwang resigns as Company director.
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF
CERTAIN OFFICERS.
In connection with the termination of the merger and the Agreement as stated in
Item 1.02 above, Shin Hwang has resigned as a member of the Board of Directors
of the Company on March 6, 2015.
PEER TO PEER NETWORK
/s/ Marc Lasky
--------------------------------
Marc Lasky
Chief Executive Officer
Date: March 10, 2015
