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): June 15, 2016
1PM INDUSTRIES, INC. |
(Exact name of registrant as specified in its charter) |
Colorado
(State or other jurisdiction of incorporation)
333-203276 | 47-3278534 | |
(Commission File No.) | (IRS Employer Identification No.) |
312 S. Beverly Drive #3104, Beverly Hills, California
(Address of principal executive offices) (zip code)
(424) 253-9991
(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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2 (b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))
Item 8.01. Other Events
| (1) | On June 15, 2016, the Company paid $21,442.28 to Typenex Co-Investments, LLC via a wire transfer. The Company paid $17,000 in principal and $4,442.28 in interest against the $110,000 the Company borrowed from Typenex Co-Investment, LLC. The Company will begin making monthly installments payments of until the debt amount borrowed is repaid. The Company may elect at its sole discretion to make the installment payment in Cash or Common Stock. The Company has chosen to repay the amounts in cash. The Company borrowed the $21,442.28 from its CEO, Joseph Wade. |
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SIGNATURE
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.
| 1PM Industries, Inc. |
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| Dated: June 15, 2016 | By: | /s/ Joseph Wade |
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| Joseph Wade |
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| CEO |
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