UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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):
May10, 2018
AUSCRETE CORPORATION
(Exact name of registrant as specified in its charter)
Wyoming | 001-35923 | 27-1692457 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
410 Industrial Way
Goldendale, WA 98620
(Address of principal executive offices, including zip code)
(541) 739-8298
(Registrants telephone number, including area code)
PO Box 847
Rufus, OR 97050
(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):
¨ | 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 1.02 | Termination of a Material Definitive Agreement |
On November 10, 2017, Auscrete Corporation had sold a convertible note with a face value of $38,000 at 12% P/A Interest to PowerUp Lending Group Ltd., of New York.
On May 10, 2018, Auscrete Corporation purchased back that note before it was due, for the sum of $45,000 including fees, thereby ensuring that Auscrete Corporation will not be subjected to further dilution of its stock by Powerup.
The information furnished in this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
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.
AUSCRETE CORPORATION | ||
Dated: May 14, 2018 | By: | /s/ John Sprovieri /s/ |
Name: | A. John Sprovieri | |
Title: | Chief Financial Officer |