SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act
December 31, 2016
Date of Report (Date of Earliest Event Reported)
24/7 Kid Doc, Inc.
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction of incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification Number)
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116 3rd Street NW, Suite 302, Hickory, NC
(Address of principal executive offices)
(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:
[ ] 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))
Item 8.01 Other Events
At December 31, 2016, we had assets of $93,117, which includes $40,036 in cash and $18,872 in telemedicine equipment. We had $50,000 in liabilities, which includes a related party loan of $12,500. We transferred the driving schools prepaid program fees of $928,652, and recorded a net income of $461,605. We paid general and administrative expenses of $50,538, and we are currently trading at $0.007 per share with a market cap of $262,072.
We have made commitments to install our telemedicine products in eleven schools throughout North Carolina, and we will complete the installation of these products within the next six months. We are looking to expand our operations into Georgia. We intend to derive our revenues from billing private insurers and Medicaid for telemedicine consultations, rather than through product sales.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
24/7 Kid Doc, Inc.
By: /s/ Timothy Shannon
Chief Executive Officer
Dated: February 13, 2017