-----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, M5IfjxlTF/kLq1G2qRJaLgkx3oNUOz9LkV7ZcZBT4drgU9957IbaMlj8ctM+6Nm0 VJGl5W5YB3v8r60yymvq2A== 0001432093-10-000258.txt : 20100422 0001432093-10-000258.hdr.sgml : 20100422 20100422113025 ACCESSION NUMBER: 0001432093-10-000258 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20100204 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100422 DATE AS OF CHANGE: 20100422 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Organic Alliance, Inc. CENTRAL INDEX KEY: 0001442634 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-53545 FILM NUMBER: 10763688 BUSINESS ADDRESS: STREET 1: 1250 NE LOOP 410 STREET 2: SUITE 320 CITY: SAN ANTONIO STATE: TX ZIP: 78209 BUSINESS PHONE: 2108268900 MAIL ADDRESS: STREET 1: 1250 NE LOOP 410 STREET 2: SUITE 320 CITY: SAN ANTONIO STATE: TX ZIP: 78209 8-K 1 organic8k020410.htm organic8k020410.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)   February 4, 2010
 
ORGANIC ALLIANCE, INC.
(Exact name of registrant as specified in its charter)
 
Nevada
000-53545
20-0853334
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
 
401 Monterey Street, Suite 202
Salinas, CA 93901
(Address of principal executive offices)
 
(831) 240.0295
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K/A 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 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))
 

TABLE OF CONTENTS
 
 
 
Page
   
Item 8.01 Other Events – Loans from Officer and Directors
3
   
Item 9.01 Promissory Note Agreements.
3
   
SIGNATURES
4
   
 
 

 

Item 8.01  Other Events
 
On April 21, 2010, the management of Organic Alliance Inc. (the “Company”) announced receiving a new loan from Mr. Parker Booth, the Company’s CEO, for $136,560 and consolidated his previous note dated December 10, 2009 into a single promissory note totaling $580,060 that pays interest at 5% and matures on December 31, 2010.  In addition, Mr. Booth will receive an equity interest of 2,668,747 restricted shares of the Company’s common stock.

On February 4, 2010, Tom Morison, Director loaned the Company $15,000 payable with interest at 5% and a maturity date of September 30, 2010.  

All proceeds from the above loans will be used for the Company’s working capital.
 
Item 9.01
Exhibits Filed.
 
(d) Exhibits.
 
Exhibit Number
Description
99.1
Promissory Note - Parker Booth dated April 21, 2010
99.2
Promissory Note - Tom Morison dated February 4, 2010



 
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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.

Dated: April 22, 2010
ORGANIC ALLIANCE, INC.
   
 
By: /s/ Tom Morrison
 
Tom Morrison, Non-Executive Chairman of the Board of Directors

 

 

-4-

EX-99.1 2 ex99-1.htm ex99-1.htm
Exhibit 99.1

PROMISSORY NOTE

FOR VALUE RECEIVED, the Corporation promises to pay to the order of Parker Booth, the sum of Five Hundred and Eighty Thousand and Sixty ($ 580,060.00) Dollars, with annual interest at 5% on the unpaid balance.  In addition, Mr. Booth will receive an equity interest of 2,668,747 restricted shares of the Organic Alliance Inc.’s common stock. The full unpaid principal and any earned interest shall be fully due and immediately payable on December 31, 2010.

This Promissory Note is unsecured.

Upon failure to make payment within 15 days of demand, and should this note be turned over for collection, the undersigned shall pay all reasonable legal fees and costs of collection. All parties to this note waive presentment, demand, notice of non payment, protest and notice of protest, and agree to remain fully bound notwithstanding the release of any party or extension, indulgence, modification of terms, or discharge of any collateral for this note. The Corporation shall be liable under this note.

Signed this 21stday of April, 2010
 
 
In the presence of:

Parker Booth
Lender
 
 
Organic Alliance, Inc
Borrower
Agreed:
 
/s/ Parker Booth
 
Agreed:
 
/s/ Tom Morrison
   
Tom Morrison, Non-Executive Chairman


EX-99.2 3 ex99-2.htm ex99-2.htm
Exhibit 99.2

PROMISSORY NOTE

FOR VALUE RECEIVED, the undersigned promise to pay to the order of Morrison Partners, LLC, the sum of Fifteen Thousand ($15,000.00) Dollars, with annual interest at 5% on the unpaid balance.  The full unpaid principal and any earned interest shall be fully due and immediately payable on September 30, 2010.

This Promissory Note is unsecured.

Upon failure to make payment within 15 days of demand, and should this note be turned over for collection, the undersigned shall pay all reasonable legal fees and costs of collection. All parties to this note waive presentment, demand, notice of non payment, protest and notice of protest, and agree to remain fully bound notwithstanding the release of any party or extension, indulgence, modification of terms, or discharge of any collateral for this note. The undersigned shall be jointly and severally liable under this note.

Signed this 4th day of February, 2010

In the presence of:

Morrison Partners, LLC
Lender
 
 
Parker Booth, CEO
Organic Alliance, Inc
Borrower
Agreed:
 
/s/ Tom Morrison
 
Agreed:
 
/s/ Parker Booth
Tom Morrison
   


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