UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant To Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 3, 2015
FUTUREWORLD CORP.
(Exact name of registrant as specified in charter)
(Exact name of registrant as specified in charter)
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Delaware
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000-1273988
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81-0562883
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(State or other jurisdiction of
incorporation or organization)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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3637 4th Street North, 330
Saint Petersburg, Florida |
33704
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(Address of principal executive offices)
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(Zip Code)
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(727) 474-1816
(Registrant's telephone number, including area code)
(Registrant's telephone number, including area code)
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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FORWARD LOOKING STATEMENTS
This Form 8-K and other reports filed by Registrant from time to time with the Securities and Exchange Commission (collectively the "Filings") contain or may contain forward looking statements and information that are based upon beliefs of, and information currently available to, Registrant's management as well as estimates and assumptions made by Registrant's management. When used in the filings the words "anticipate", "believe", "estimate", "expect", "future", "intend", "plan" or the negative of these terms and similar expressions as they relate to Registrant or Registrant's management identify forward looking statements. Such statements reflect the current view of Registrant with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to Registrant's industry, Registrant's operations and results of operations and any businesses that may be acquired by Registrant. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.
Although Registrant believes that the expectations reflected in the forward looking statements are reasonable, Registrant cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, Registrant does not intend to update any of the forward-looking statements to conform these statements to actual results.
Item 8.01. Other Events.
On November 02, 2015, CB Scientific, a subsidiary of FutureWorld Corp, has signed a binding Share Purchase Agreement and Plan of Transaction with Zig Lambo, the majority shareholder of Net:X America, Inc. WHEREAS, CB Scientific Inc. (hereinafter referred to as "CBSI") is a privately owned subsidiary of FutureWorld, Corp., a publicly-traded Delaware corporation whose stock is listed on the OTC Pink marketplace under the symbol "FWDG". FutureWorld would like to create a public market for CBSI shares by merging CBSI with a currently-traded public company; NXAM.
The transaction will allow for initial public offering of CB Scientific Inc to be effective with the completion of the private share purchase. Name change and other relevant procedures will follow the transaction.
The transaction is an arm-length transaction and there are no material relationships and conflicts between the parties.
More information will be provided on the ongoing process when completed. This is our second spin-off so far. We are expecting more to follow.
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.
FutureWorld Corp
/s/ Sam Talari
Sam Talari
Principal Executive Officer
Dated: November 03, 2015