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): November 22, 2016
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REAL ESTATE CONTACTS, INC. | ||||||
(Exact name of registrant as specified in its charter) | ||||||
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Florida |
| 000-54845 |
| 59-3800845 | ||
(state or other jurisdiction of incorporation) |
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8878 Covenant Avenue, Suite 209 Pittsburgh, PA |
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(address of principal executive offices) |
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(724) 656-8886 | ||||||
(registrant’s telephone number, including area code) | ||||||
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8955 U.S. Highway 301 N., No. 192 Parrish, FL 34219 | ||||||
(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)) |
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Section 3—Securities and Trading Markets
Item 3.02. Unregistered Sales of Equity Securities
On November 22, 2016, Real Estate Contacts Inc. (the “Company”) issued 40,000,000 shares of its common stock as follows:
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20,000,000 shares to sole Director, Robert DeAngelis, as an annual bonus pursuant to his employment agreement.
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Another 20,000,000 shares to persons in consideration for services to be rendered over the next two years pursuant to 2 year employment or consulting agreements.
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The shares were valued at $0.06, which is 50% of the average price for which the Company stock sold during the ten (10) trading days ending November 22, 2016 ($0.12 per share), as reported on OTCMarkets website.
The issuance of the shares described above was made without registration under the Securities Act of 1933, as amended (the “Act”), in reliance on the exemptions provided by Section 4(a)(2) of the Act and Regulation D under the Act. No advertising or general solicitation was made in connection with the sale and issuance of the Company’s common stock.
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.
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| REAL ESTATE CONTACTS, INC. |
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November 22, 2016 | /s/ Robert DeAngelis |
| Robert DeAngelis |
| Chief Executive Officer |
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