UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities and Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 15, 2015

 

Commission File Number 000-54530 

 

GOPHER PROTOCOL INC.

(Exact name of small business issuer as specified in its charter)

 

Forex International Trading Corp.

 (Former Name of Registrant)

 

 

Nevada  27-0603137
(State or other jurisdiction of incorporation or (I.R.S. Employer Identification No.)
organization)  

 

23129 Cajalco Road

Perris, California 92570

(Address of principal executive offices)

 

888-685-7336

(Issuer’s telephone number)

 

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 Instructions 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 3.02         Unregistered Sales of Equity Securities

 

As previously reported, on January 22, 2015, Gopher Protocol Inc. (the “Company”) and GV Global Communications, Inc. ("GV") exchanged existing debt for a 10% Convertible Debenture (the “GV Note”) in the principal amount of $75,273.42 convertible into shares of common stock at $0.00752734 per share.

 

On May 15, 2015, GV finalized the conversion of $1,975 of the GV Note principal (the "Final Conversion") into 262,378 shares of common stock of the Company (the "Conversion Shares"). As a result of the Conversion, which was preceded by four conversions, as reported in the Company's Form 10-Q quarterly report for the quarterly period ended March 31, 2015, the outstanding principal balance of the GV Note is $71,798.43.

 

The issuance of the Conversion Shares was made in reliance upon exemptions from registration pursuant to section 4(2) under the Securities Act of 1933 and/or Rule 506 promulgated under Regulation D thereunder. GV is an accredited investor as defined in Rule 501 of Regulation D promulgated under the Securities Act of 1933.

 

The foregoing information is a summary of each of the matters described above, is not complete, and is qualified in its entirety by reference to the full text of the exhibits, each of which is attached an exhibit to this Current Report on Form 8-K.  Readers should review those exhibits for a complete understanding of the terms and conditions associated with these transactions.

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

  GOPHER PROTOCOL INC.
   
   
  By:  /s/ Michael Murray                
  Name: Michael Murray
  Title: CEO, President, Secretary,
    Treasurer and sole director

 

Date: May 19, 2015