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EX-10.1 - Mindpix Corpex10-1.htm
EX-4.1 - Mindpix Corpex4-1.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)

 

March 25, 2015

 

Mindpix Corporation

(Exact name of registrant as specified in its charter)

 

Nevada   000-55145   46-2461343
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (I. R. S. Employer
Identification No.)

 

940 Lincoln Rd., Suite 315

Miami Beach, FL

  33139
(Address of principal executive offices)   (ZIP Code)

 

(305) 921-9814

(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

 

On April 1, 2015, the Company sold 13,333 of its newly designated Series A Convertible Preferred Shares to Victor Siegel, the Company’s CEO. In consideration of the issuance of the shares Mr. Siegel agreed to cancel $19,999.50 that is owed to him by the Company. The shares are convertible as is further set forth below and were issued pursuant to an exemption from registration as provided for in Section 4(2) of the Securities Act of 1933. Mr. Siegel now holds 36,333 of the Company’s Series A Convertible Preferred shares.

 

Item 5.03 Amendments to Articles of Incorporation or Bylaws

 

On March 25, 2015 the Company filed the designation of a new series of preferred shares, the Series A Convertible Preferred Shares, previously approved by the Board of Directors. The new Series of Series A Convertible Preferred has the following attributes:

 

Number of Authorized shares in the Series: 40,000

 

Price and Liquidation Value: $1.50 per share

 

Conversion Rights: Shares are convertible on the basis of 1 Series A Convertible Preferred Share shall equal 5,000 common shares. This translates to $.0003 per common share, representative of the current market price per share.

 

Voting Rights: The holders of Series A Convertible Preferred Stock shall have the right to vote on matters that call for a vote owners of Common Stock and shall have 10 votes for each share of common stock to which the Series A Convertible Preferred Stock held by a holder is so convertible.

 

Redemption by Corporation: The Corporation may from time-to-time redeem the Series A Preferred Stock at a $3 per share with a minimum redemption of 1,000 shares, pro-rata amongst all the Holders of the Series A Preferred Stock.

 

Item 9.01 – Financial Statements and Exhibits.

 

(d) Exhibits.

 

4.1 Filed Designation of Series A Convertible Preferred
   
10.1 Share Exchange Agreement between the Company and Victor Siegel Dated Feb. 23, 2015

 

 
 

 

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.

 

/s/ Victor Siegel  
Victor Siegel, CEO  
   
Date: April 7, 2015  

 

 
 

 

Exhibit Index

 

Exhibit

Number

  Exhibit Title
     
4.1   Designation of Series A Convertible Preferred.
     
10.1   Share Exchange Agreement between the Company and Victor Siegel Dated April 1, 2015.