0001078782-15-001527.txt : 20150925 0001078782-15-001527.hdr.sgml : 20150925 20150925165313 ACCESSION NUMBER: 0001078782-15-001527 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150921 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20150925 DATE AS OF CHANGE: 20150925 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORTHSIGHT CAPITAL, INC. CENTRAL INDEX KEY: 0001439397 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] IRS NUMBER: 262727362 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-53661 FILM NUMBER: 151125625 BUSINESS ADDRESS: STREET 1: 7740 EAST EVANS RD. CITY: SCOTTSDALE STATE: AZ ZIP: 85260 BUSINESS PHONE: (480) 385-3893 MAIL ADDRESS: STREET 1: 7740 EAST EVANS RD. CITY: SCOTTSDALE STATE: AZ ZIP: 85260 FORMER COMPANY: FORMER CONFORMED NAME: Northsight Capital, Inc. DATE OF NAME CHANGE: 20080708 8-K 1 f8k092515_8k.htm FORM 8-K CURRENT REPORT Form 8-K Current Report


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



September 21, 2015

Date of Report

[Date of Earliest Event Reported]



NORTHSIGHT CAPITAL, INC.

(Exact name of Registrant as specified in its Charter)


Nevada

000-53661

26-2727362

(State or Other Jurisdiction of

(Commission File Number)

(I.R.S. Employer Identification No.)

Incorporation)

 

 


7740 East Evans Rd.

Scottsdale, AZ 85260

(Address of Principal Executive Offices)


(480) 385-3893

(Registrant’s Telephone Number, including area code)


N/A

(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 (see general instruction A.2. below):


      .  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

      .  Soliciting material pursuant to Rule 14-a-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 September 21, 2015, the Registrant (i), to reflect further advances, issued an Amended and Restated Promissory Note (“Note”) to Kae Yong Park, its majority shareholder, and Howard. R. Baer, her spouse (together, (“Park”) and (ii), in order to secure repayment of the Note, executed a letter agreement under which the Registrant agreed to promptly enter into a security agreement with Park to grant Park a security interest in all of its internet domain names, websites and related assets. The Note is (i) payable on the earlier of an event of default, the receipt of capital by the Registrant and written demand, (ii) non-interest bearing, and (iii) secured by the Registrant’s internet domain names, websites and related assets. The Note and agreement were entered into in connection with a further advance of $45,000 on or about September 21, 2015.


As of September 21, 2015, Park has advanced an aggregate of $632,307 to the Registrant, net of repayments, which is the current amount of the promissory note. Since September 1, 2015, Park has advanced approximately $100,000 to the registrant to fund its operations (including the approximate $45,000 advanced on or about September 21, 2015).




SIGNATURES


Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.


NORTHSIGHT CAPITAL, INC.




Date:

September 25, 2015

 

By:

/s/John P. Venners

 

 

 

 

John P. Venners

 

 

 

 

EVP, Operations





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