-----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, GUn0qnCU+KjEnWkkblCm9fAqP1u2M3jwL+0UZY/4bzf2eFFMK/bpWidZe63WhP5d hWOOnqtvFYDVsXXZvI6LWw== 0001387308-09-000091.txt : 20090910 0001387308-09-000091.hdr.sgml : 20090910 20090910120714 ACCESSION NUMBER: 0001387308-09-000091 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090823 ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Changes in Control of Registrant FILED AS OF DATE: 20090910 DATE AS OF CHANGE: 20090910 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Action Fashions, Ltd. CENTRAL INDEX KEY: 0001355677 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-APPAREL & ACCESSORY STORES [5600] IRS NUMBER: 204092640 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-52413 FILM NUMBER: 091062113 BUSINESS ADDRESS: STREET 1: 2026 LOWE STREET 2: SUITE A CITY: FORT COLLINS STATE: CO ZIP: 80525 BUSINESS PHONE: 858-229-8116 MAIL ADDRESS: STREET 1: PO BOX 235472 CITY: ENCINITAS STATE: CA ZIP: 92024 8-K 1 form8k.htm FORM 8-K form8k.htm
 
 
 


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)           August 23, 2009

ACTION FASHIONS, LTD.

(Exact name of registrant as specified in its charter)

 
Colorado
  
000-52413
  
20-4092640
(State or other jurisdiction
  
(Commission File Number)
  
(IRS Employer
of Incorporation)
      
Identification Number)
   
P.O. Box 235472
    
   
Encinitas, CA 92024
    
   
(Address of principal executive offices)
    
         
   
(858) 229-8116
    
   
(Registrant’s Telephone Number)
    


_____________________________________________________________________________________
 (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 3.02                      Unregistered Sales of Equity Securities.

On August 23, 2009, the Company issued 42,500,000 shares of its common stock to Tarus Gold upon conversion of a $85,000 convertible note held by Tarus Gold at a conversion rate of $.002 per share.
The transaction was exempt from registration pursuant to Section 4(2) of the Securities Act of 1933.

Item 5.01                      Changes in Control of Registrant.

On August 23, 2009, the Company issued 42,500,000 shares of its common stock to Tarus Gold upon conversion of a $85,000 convertible note held by Tarus Gold.  Tarus Gold is a privately held Nevada corporation solely
owned by the Company’s sole officer and director, Paul D. Thompson.  On September 3, 2009, our majority shareholder, Phillip E. Koehnke, returned 129,025,000 shares of common stock to treasury in exchange
for partial repayment of outstanding debt.  As of the date of this report, Tarus Gold 84% of the issued and outstanding common stock of the Company.


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.

 
                           
 
ACTION FASHIONS, LTD.
 
 
           /s/
Paul D. Thompson
_________________________
          By:
Paul D. Thompson
          Its:
President
 
 

 
 
 

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