Attached files
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| EX-10.1 - LETTER OF INTENT - Apotheca Biosciences, Inc. | ex101.htm |
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): March 29, 2017
PACIFICORP HOLDINGS, LTD.
(Exact name of registrant as specified in its charter)
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Nevada
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47-2055848
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(State of incorporation)
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(I.R.S. Employer Identification No.)
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1375 Lake City Way NE, Seattle WA, 98125
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(Address of principal executive offices)
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Registrant's telephone number including area code: 1-800-929-3293
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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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SECTION 1. Registrant's Business and Operations
Item 1.01 Entry into a Material Definitive Agreement
On March 29, 2017 the Registrant entered into a Letter of Intent with Affordable Green Washington LLC of Tacoma WA to obtain an exclusive license to market and distribute Affordable Green’s Products in the State of Washington.
The terms of the Letter of Intent are $50,000 on or before April 30, 2017, $50,000 on or before May 31, 2017 and a balance of $2,000,000 within six months for an aggregate total of $2,100,000. The registrant anticipates entering in to a definitive Licensing Agreement with Affordable Green Washington LLC within the next week, with closing to occur on or before April 30, 2017.
The above mentioned terms, represents a summary of the terms of the Letter of Intent, and the Letter of Intent can be viewed in its entirety as Exhibit 10.1 to this form 8-K and is incorporated by reference herein.
SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following is a complete list of exhibits filed as part of this Report. Exhibit numbers correspond to the numbers in the exhibit table of Item 601 of Regulation S-K.
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Exhibit No.
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Description
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10.1
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Letter of Intent
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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.
Pacificorp Holdings, Ltd.
By: /s/ Laurie Stephenson
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Laurie Stephenson, President
Date: April 3, 2017
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