UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
(Amendment No. 1)
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 3, 2016
| Renewable Energy and Power, Inc. |
| (Exact name of registrant as specified in its charter) |
| Nevada |
| 000-23731 |
| 46-1294868 |
| (State or other jurisdiction |
| (Commission |
| (IRS Employer |
| of incorporation) |
| File Number) |
| Identification No.) |
3395 W. Cheyenne Ave. # 111
North Las Vegas, NV 89032
(Address of principal executive offices)
Registrant’s telephone number, including area code: 702-685-9524
Former name or former address, if changed since last report : N/A
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 193 3(§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 o
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. o
Date of this Amended 8-K/A Report : October 9, 2017
Reference: Renewable Energy and Power, Inc. 8-K Report dated Sept. 14, 2017
Item 1.01 Entry into a Material Definitive Agreement
| A.) | Registrant, Renewable Energy and Power, Inc., submitted an 8-K Report on Sept. 14, 2017 that stated the following: |
“On March 3, 2016 the company issued a 10 % Convertible Promissory Note in the aggregate amount of $68,126. This note matures on March 3, 2017 and is convertible at the lessor of 50 % of the of the lowest trading price for the 25 days prior to the conversion date or $0.001 post split. This note has matured and is currently in default. The outstanding balance due on this note is $55,901.25 and we are working with the debt holder to remedy the default. This note was not reflected on the balance sheet.”
Registrant hereby states that the sentence “The note was not reflected on the balance sheet” was erroneous and that the note was reflected on the balance sheet correctly since that time.
| B.) | Registrant did not reflect a note in the amount of $28,500 dated 3/31/2017 (but funded in April 2017) on the balance sheet for the 10-Q for the period ending March 31, 2017. The note is immaterial and thus the omission does not require a restatement of the financials in the March 31, 2017 10-Q . This omission will be corrected in the next 10-K report. |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned duly authorized.
| Renewable Energy and Power, Inc. A Nevada corporation (Registrant) | |||
| Date: October 9, 2017 | By: | /s/ Bruce Parsons | |
|
| Name: | Bruce Parsons | |
| Its: | Chief Financial Officer | ||
| 3 |