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EX-10 - RELEASE OF GUARANTY DATED MAY 22, 2017 - Liberated Syndication 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):  May 22, 2017

LIBERATED SYNDICATION INC.

(Exact Name of Registrant as Specified in Charter)

Nevada

333-209599

47-5224851

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)


5001 Baum Boulevard

Pittsburgh, Pennsylvania 15213

(Address of Principal Executive Offices and Zip Code)


Registrant’s telephone number, including area code: (412) 621-0902

_____________________________________

(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 (see General Instruction A.2. below):

 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))





Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.





Item 8.01 Other Events.


On May 22, 2017, FAB Universal Corp., a Colorado Corporation (FAB) released Liberated Syndication Inc, a Nevada corporation (the “Company”) from any and all obligations of the Form of Guaranty entered into as of January 31, 2016.



Item 9.01

Financial Statements and Exhibits


(a)

Exhibits


  

Description


10.1

Release of Guaranty dated May 22, 2017


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.


Dated:  May 24, 2017

LIBERATED SYNDICATION INC.

 

By:

/s/ Christopher J. Spencer

 

 

Name: Christopher J. Spencer

 

 

Title:  CEO and President