-----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, Vlk7M9e/FJMcCLaTWPCawR/BlhZhlo9mcSU5htRadsvlKTZpxeT+FkoVB2hrN55v u4Cq2yd1JXwKhL2cv/YIeg== 0001144204-10-023796.txt : 20100503 0001144204-10-023796.hdr.sgml : 20100503 20100503081952 ACCESSION NUMBER: 0001144204-10-023796 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100430 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20100503 DATE AS OF CHANGE: 20100503 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CAPITAL GROWTH SYSTEMS INC /FL/ CENTRAL INDEX KEY: 0001116694 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 650953505 STATE OF INCORPORATION: FL FISCAL YEAR END: 0501 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-30831 FILM NUMBER: 10789738 BUSINESS ADDRESS: STREET 1: 200 S. WACKER DRIVE STREET 2: SUITE 1650 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3126732400 MAIL ADDRESS: STREET 1: 200 S. WACKER DRIVE STREET 2: SUITE 1650 CITY: CHICAGO STATE: IL ZIP: 60606 8-K/A 1 v183136_8-ka.htm Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


FORM 8-KA

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  April 30, 2010
 


Capital Growth Systems, Inc.
(Exact Name of Registrant as Specified in Its Charter)


Florida
  
0-30831
  
65-0953505
(State or other jurisdiction of incorporation)
  
(Commission File Number)
  
(I.R.S. Employer Identification No.)


200 S. Wacker Drive, Chicago, Illinois 60606
(Address of Principal Executive Offices, Including Zip Code)

(312) 673-2400
(Registrant's Telephone Number, Including Area Code)


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 1.01  Entry into a Material Definitive Agreement.
 
On December 31, 2009, Capital Growth Systems, Inc. (“CGSI”), Global Capacity Group, Inc. (“GCG”) and Global Capacity Direct, LLC (f/k/a Vanco Direct USA, LLC) (“Vanco” and together with CGSI and GCG, the “Sellers”) entered into an asset purchase agreement for the assignment of certain off network circuit contracts (the “APA”) with Global Telecom & Technology Americas, Inc. (the “Buyer”), which was subsequently amended to call for an initial closing date to occur no later than April 30, 2010.  The conditions precedent to the initial closing of the APA were not met and the APA has therefore lapsed.  Sellers plan to continue to operate the assets that were subject to the APA on a going forward basis in the ordinary course of business.
 

 

 
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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.
 
Dated:  May 3, 2010
 
 
CAPITAL GROWTH SYSTEMS, INC.
   
   
 
By:
/s/ George A. King
   
George A. King
   
Chief Financial Officer
     
     
     
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