0001079973-11-000763.txt : 20110919 0001079973-11-000763.hdr.sgml : 20110919 20110919154754 ACCESSION NUMBER: 0001079973-11-000763 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20110916 ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110919 DATE AS OF CHANGE: 20110919 FILER: COMPANY DATA: COMPANY CONFORMED NAME: E-Debit Global Corp. CENTRAL INDEX KEY: 0001129120 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] IRS NUMBER: 980233968 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-32051 FILM NUMBER: 111097308 BUSINESS ADDRESS: STREET 1: #12- 3620-29TH STREET N.E. CITY: CALGARY STATE: A0 ZIP: T1Y 5Z8 BUSINESS PHONE: 403-290-0264 MAIL ADDRESS: STREET 1: #12- 3620-29TH STREET N.E. CITY: CALGARY STATE: A0 ZIP: T1Y 5Z8 FORMER COMPANY: FORMER CONFORMED NAME: WESTSPHERE ASSET CORPORATION, INC DATE OF NAME CHANGE: 20080815 FORMER COMPANY: FORMER CONFORMED NAME: WESTSPHERE ASSET CORP INC DATE OF NAME CHANGE: 20001129 8-K 1 edebit_8k.htm FORM 8-K edebit_8k.htm
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 16, 2011

E-DEBIT GLOBAL CORPORATION
(Exact name of registrant as specified in its charter)
 
Colorado
(State or other jurisdiction of incorporation or organization)
     
0-32051
(Commission File Number)
  
98-0233968
 (IRS Employer Identification Number)

#12, 3620 – 29th Street NE
Calgary, Alberta Canada T1Y 5Z8
 
Address of principal executive offices)
 
(403) 290-0264
(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:
 
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))

 
 

 
 
 
 

 
Item 9.01: Financial Statements and Exhibits


(d) Exhibits
 
Exhibits
 
99.1    News Release titled "E-DEBIT GLOBAL CORPORATION ANNOUNCES SIGNING OF MEMORANDUM OF UNDERSTANDING TO EXPAND ITS NATIONAL ATM AND POS ISO NETWORK IN CANADA."



 
 
 
 

 

SIGNATURES
 
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
 
September 19, 2011
E-Debit Global Corp.
   
 
/s/Douglas MacDonald
 
Douglas MacDonald, President
 
 

 EX-99 2 ex99x1.htm EXHIBIT 99.1 ex99x1.htm
Exhibit 99.1
 
 
 
 
NEWS RELEASE  
September 17, 2011
OTC: QB WSHE
   For Immediate Release
 

E-DEBIT GLOBAL CORPORATION ANNOUNCES SIGNING OF MEMORANDUM OF UNDERSTANDING TO EXPAND ITS NATIONAL ATM AND POS ISO NETWORK IN CANADA

Calgary, Alberta – E-Debit Global Corporation announced to its shareholders at its annual general meeting held today in Calgary, Alberta that it has entered into a signed memorandum of understanding to expand its national ATM and POS independent sales organizations (ISO) network.
 
Overview
 
“After a review by the Board of Directors on Friday September 16, 2011, the Company announced today at its AGM that it had entered into a Memorandum of Understanding (“MOU”) to expand and grow the automated banking machine (ABM), Point of Sale (POS) and related businesses in North America.  E-Debit Chief Executive Doug Mac Donald said after the AGM.

“Terms and conditions of the MOU are currently covered by a confidentiality agreement during a sixty (60) day “Exclusivity Period” which the parties have agreed in order to ensure complete due diligence has been completed.  We are confident after the meetings of the parties at our Board meeting that all parties are willing and quite capable of meeting the requirements outlined in the MOU and hopefully we can move forward operationally prior to the end of the lock up term (“Exclusivity Period”) as this is a significant development in the expansion of our business operations” stated Mr. Mac Donald.
 
About E-Debit Global Corporation
E-Debit Global Corporation (WSHE) is a financial holding company in Canada at the forefront of debit, credit and online computer banking.  Currently, the Company has established a strong presence in the privately owned Canadian banking sector including Automated Banking Machines (ABM), Point of Sale Machines (POS), Online Computer Banking (OCB) and E-Commerce Transaction security and payment.  E-Debit maintains and services a national ABM network across Canada and is a full participating member of the Canadian INTERAC Banking System.

Financial Profile:
 
·  
CAPITALIZATION: 500,000,000 COMMON SHARES WITH NO PAR VALUE
·  
SHARES ISSUED                                      : Common – 92,324,344
·  
                                             : Voting Preferred - 70,855,900
·  
For further details, please refer to WSHE website
·  
WSHE Symbol OTC:QB
·  
Transfer Agent: Holladay Stock Transfer Inc.                                                                                                                          
·  
2939 North 67th Place                                                                                                     
·  
Scottsdale, Arizona 85251
 

DISCLAIMER
Forward-Looking Statements: This news release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to risks and uncertainties.  The forward-looking statements, which address the Company’s expected business and financial performance, among other matters, contain words such as “believe,” “expect,” “anticipate,” “optimistic,” “intend,” “plan,” “aim,” “will,” “may,” “should,” “could,” “would,” “likely,” and similar expressions.  All statements, other than statements of historical fact, included herein, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made, and WSHE does not undertake an obligation to update forward-looking statements should conditions or management's estimates or opinions change.  Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, the following: the underlying assumptions related to the events outlined in this news release proving to be inaccurate or unrealized, events impacting the likelihood and timing of the completion of the events outlined, such as regulatory approvals, and the Company’s ability to exploit the payment platform and other assets and execute on its strategy to develop and issue new and enhanced payment products and services and increase the Company’s revenues from such products and services.

For further information, please contact

E-Debit Global Corporation
Telephone: 1 (403) 473-8795
e-mail: info@edebitglobal.com

www.edebitglobal.com

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