Form 8-K Filing

0001171843-14-003245.txt : 20140715 0001171843-14-003245.hdr.sgml : 20140715 20140714195521 ACCESSION NUMBER: 0001171843-14-003245 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140714 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140715 DATE AS OF CHANGE: 20140714 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ASIA PROPERTIES INC CENTRAL INDEX KEY: 0001070789 STANDARD INDUSTRIAL CLASSIFICATION: LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552] IRS NUMBER: 470855301 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-51048 FILM NUMBER: 14974498 BUSINESS ADDRESS: STREET 1: 12707 HIGH BLUFF DRIVE 2ND FL CITY: SAN DIEGO STATE: CA ZIP: 92130 BUSINESS PHONE: 6193504288 MAIL ADDRESS: STREET 1: 114 MAGNOLIA STREET STREET 2: STE 400-115 CITY: BELLINGHAM STATE: WA ZIP: 98225 8-K 1 document.htm FORM 8-K FILING DOCUMENT Form 8-K Filing

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) July 14, 2014

Asia Properties, Inc.
(Exact name of registrant as specified in its charter)

NV	000-51048	47-0855301
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

119 Commercial St. Ste 190-115 Bellingham, WA	98225
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code: (360) 392-2841

________________________________________________________________________________
(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:

	[ ]	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 8.01. Other Events.

Effective July 11, 2014 the Asia Properties, Inc. (the "Company") has decided to move forward with a lawsuit originally filed April 2, 2014, pursuant to a complaint against David M. Loflin and James B. Kaufman and their company, Appinero LLC. The lawsuit was filed in Clark County, Nevada and alleges that the Defendants engaged in an illegal marketing scheme to sell Asia Properties Stock in what is commonly referred to as a "Pump and Dump" scheme, whereby the Defendants, and each of them, published information on various social media websites concerning the value of the Company's Stock, and its potential for an increase in value, with the purpose of enticing members of the public to believe that the Stock was about to experience an increase in value. Once the Defendants succeeded in orchestrating a false increase in value of the stock, they immediately sold all shares in their possession. The Company gave the Defendants every opportunity to rectify the situation, but the Defendants have chosen not to do so, thereby leaving the Company no other choice but to take the matter to court.

Item 9.01. Financial Statements and Exhibits.

99.1 Copy of lawsuit documents filed in District Court, Clark County, Nevada dated April 2, 2014.

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.

		Asia Properties, Inc. (Registrant)
July 14, 2014 (Date)		/s/ DANIEL S. MCKINNEY Daniel S. McKinney President, Chief Executive Officer, Director

	Exhibit Index
	99.1	Press release dated July 14, 2014

EX-99 2 newsrelease.htm PRESS RELEASE Asia Properties Files Lawsuit.

EXHIBIT 99.1

Asia Properties Files Lawsuit.

BELLINGHAM, Wash., July 14, 2014 (GLOBE NEWSWIRE) -- Asia Properties, Inc. or "API" (OTC:ASPZ) today announced that it has filed a Complaint against David M. Loflin and James B. Kaufman and their company, Appinero LLC.

The lawsuit was filed in Clark County, Nevada and alleges that the Defendants engaged in an illegal marketing scheme to sell the API Stock in what is commonly referred to as a "Pump and Dump" scheme, whereby the Defendants, and each of them, published information on various social media websites concerning the value of the API Stock, and its potential for an increase in value, with the purpose of enticing members of the public to have a belief that the API Stock was about to experience an increase in value.

Daniel Mckinney, CEO said "these "Wolves of Wall Street' hijacked our stock, ran a "Pump and Dump" scheme via chat rooms such a iHub and other social media networks, then dumped all their shares and crashed our stock."

The Company has filed a copy of the complaint in a Form 8-K with the Securities and Exchange Commission.

About Asia Properties, Inc.: is a Nevada corporation and trades on the OTC Pink under the symbol "ASPZ." There are currently 41,921,362 fully diluted shares. The transfer agent is Transfer Online, Inc. of Portland, Oregon. Please visit our website: www.asiaprop.com.

This press release contains forward-looking statements based on management's expectations and beliefs, and may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. Readers are cautioned not to place undue reliance on the forward-looking statements made in this press release.

CONTACT: Investor Relations:
         Dennis Burns
         Tel: 567-237-4132
         nvestrain@gmail.com