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): September 28, 2018
FULLNET COMMUNICATIONS, INC.
(Exact name of registrant as specified in its charter)
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Oklahoma |
| 000-27031 |
| 73-1473361 | ||
(State or other Jurisdiction of Incorporation) |
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201 Robert S. Kerr Avenue, Suite 210 Oklahoma City, Oklahoma
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| 73102 | ||||
(Address of Principal Executive Offices) |
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Registrant’s telephone number, including area code: (405) 236-8200
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(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. ☐
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Item 3.02. UNREGISTERED SALES OF EQUITY SECURITIES
On September 28, 2018, FullNet Communications, Inc. (the “Company”) agreed to sell 1,750,000 restricted shares of its common stock, par value $.00001 per share pursuant to the exercise of previously issued and outstanding common stock purchase options (the “Options”) held by various officers and directors of the Company and their family members. Proceeds from the exercise of the Options were $70,000. The common shares were issued pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended and Rule 506 of Regulation D thereunder without payment of any form of commissions or other remuneration.
Immediately following the exercise of the Options, the Company had 13,621,009 shares of common stock outstanding.
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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.
FULLNET COMMUNICATIONS, INC.
By: /s/ Roger P. Baresel
Roger P. Baresel
Chief Executive Officer
Dated: September 28, 2018
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