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EX-10 - ZOOM COMPANIES INC.ballroomdance8kitem1017ex.htm

 

Florida

333-138251

26-3994216

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

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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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SECTION 1.  REGISTRANT’S BUSINESS AND OPERATIONS


ITEM 1.01  ENTRY INTO A MATERIAL DEFINTIIVE AGREEMENT   


The Board of Directors of Ballroom Dance Fitness Inc., a Florida corporation (the "Company") authorized the execution of that certain purchase agreement dated March 15, 2016 (the "Purchase Agreement") among the Company and The Plaza Ballroom & Event Centre, LLC (collectively, the “Sellers”) and Marianne de Wall (the “Buyer”). In accordance with the terms and provisions of the Purchase Agreement, the Sellers sold all of their respective right, title and interest in and to that certain license to the Palm Beach Dance Challenge, a sanctioned competition by The National Dance Council of America (the "License"), to the Buyer for consideration of $25,000. The terms and provisions of the Purchase Agreement further provide that the Buyer shall assume rights and control of the current website and domain name.


SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01  FINANCIAL STATEMENTS AND EXHIBITS

(a) Financial Statements of Business Acquired.

Not applicable.

(b) Pro forma Financial Information.

Not applicable.

(c) Shell Company Transaction.

Not applicable.

(d) Exhibits.


Exhibit No.

Description

10.1

Purchase Agreement dated March 15, 2016 among Zoom Companies Inc., The Plaza Ballroom & Event Centres LLC and Marianne de Wall.

 

 



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.


 

ZOOM COMPANIES INC.  

DATE:  March 17, 2016


/s/ William Forhan______________________

Name: William Forhan

Title: President

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