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EX-10.1 - CrowdGather, Inc.exnote.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:  June 5, 2015

CROWDGATHER, INC.

(Exact name of registrant as specified in its charter)

NEVADA

000-52143

20-2706319

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification Number)

20300 VENTURA BLVD., SUITE 330, WOODLAND HILLS, CA  91364

(Address of Principal Executive Offices) (Zip Code)

 

(818) 435-2472

Registrant's telephone number, including area code

_______________________________________________________

 (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))



SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS
 
Item 1.01 Entry into a Material Definitive Agreement

On June 5, 2015, CrowdGather, Inc. ("the Company") issued a Promissory Note ("Note") for $100,000 received from an investor.  The proceeds are used to provide the Company with working capital.  Under the terms of the Note, the Company agrees to repay the principal including interest at 8%.  The Note, including interest, is due November 4, 2015.

 

SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01 Financial Statements and Exhibits

(d) Exhibits. The following is a complete list of exhibits filed as part of this Report. Exhibit numbers correspond to the numbers in the exhibit table of Item 601 of Regulation S-K.

Exhibit No.

Description

10.1

Promissory Note dated June 5, 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.

 

                                                                                CROWDGATHER, INC.

By:/s/ Sanjay Sabnani                                      

      Sanjay Sabnani, Chief Executive Officer

Date: June 5, 2015