-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IqZBK6sju682+d4beC/vNNP5tQyo7WFS4dldAUwZDtrd9HPs0JNjrKrZzG/VdCFW c9sUTI7cTqFsEvsPm36Lig== 0001144204-10-034129.txt : 20100618 0001144204-10-034129.hdr.sgml : 20100618 20100618145920 ACCESSION NUMBER: 0001144204-10-034129 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100601 ITEM INFORMATION: Bankruptcy or Receivership ITEM INFORMATION: Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100618 DATE AS OF CHANGE: 20100618 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Infosmart Group, Inc. CENTRAL INDEX KEY: 0001066961 STANDARD INDUSTRIAL CLASSIFICATION: PHONOGRAPH RECORDS & PRERECORDED AUDIO TAPES & DISKS [3652] IRS NUMBER: 954597370 STATE OF INCORPORATION: CA FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15643 FILM NUMBER: 10905665 BUSINESS ADDRESS: STREET 1: 600 S LAKE AVE STREET 2: STE 405 CITY: PASADENA STATE: CA ZIP: 91106 BUSINESS PHONE: 6267935000 MAIL ADDRESS: STREET 1: 5TH FLOOR, QPL INDUSTRIAL BUILDING STREET 2: 126-140 TEXACO ROAD CITY: TSUEN WAN STATE: K3 ZIP: 000000 FORMER COMPANY: FORMER CONFORMED NAME: CYBER MERCHANTS EXCHANGE INC DATE OF NAME CHANGE: 19990506 FORMER COMPANY: FORMER CONFORMED NAME: WORLD WIDE MAGIC NET INC DATE OF NAME CHANGE: 19980727 8-K 1 v188590_8k.htm Unassociated Document
 
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): June 1, 2010
  
INFOSMART GROUP, INC. 
(Exact name of Registrant as specified in charter)
 
California
(State or other jurisdiction
of incorporation)
  
001-15643
(Commission File Number)
  
95-4597370
(IRS Employer
Identification Number)

Flat E, 17th Floor, EGL Tower,
83 Hung To Road
Kwun Tong, Hong Kong
(Address of principal executive offices)
 
Registrant’s telephone number, including area code: (852) 2868-3385
 
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 CFR240.14a-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 240.13(e)-4(c))

 
  
On June 1, 2010, the Boards of Directors (the “Boards”) of Infoscience Media Limited and Info Smart Technology Limited, our wholly owned subsidiaries incorporated in Hong Kong, approved the decision to file Creditor’s Voluntary Winding Up of both companies, according to the relevant law of Hong Kong Special Administrative Region, People’s Republic of China.  The Boards believed that it was in the Company’s best interest to wind up both companies because they owe significant amount of debts and cannot continue their business. We have commenced the process of filing voluntary liquidation with the court in Hong Kong. Yung Kwok Chung will be appointed as Provisional Liquidator of both companies upon filing of the voluntary liquidation.

Item 2.04.  Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.

We are in default with respect to the terms of our financing arrangement with Professional Offshore Opportunity Fund, Ltd. dated April 30, 2008, due to the fact that we are unable to repay the interest amount due as set forth in the repayment terms of the certain debenture agreement.

Item 9.01. Financial Statements and Exhibits.

None.
 
 
 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.

 
INFOSMART GROUP, INC.
  
       
Date: June 18, 2010 
By:
/s/ Kwok Chung Lit
  
   
Kwok Chung Lit,
Chief Executive Officer and President
  
 
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