form8k.htm

0001013762-11-003203.txt : 20111129 0001013762-11-003203.hdr.sgml : 20111129 20111129160721 ACCESSION NUMBER: 0001013762-11-003203 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20111128 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20111129 DATE AS OF CHANGE: 20111129 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Forex International Trading Corp. CENTRAL INDEX KEY: 0001471781 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 270603137 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-54530 FILM NUMBER: 111231360 BUSINESS ADDRESS: STREET 1: 49 FRONT STREET STREET 2: #206 CITY: ROCKVILLE CENTRE STATE: NY ZIP: 11570 BUSINESS PHONE: 888-333-8075 MAIL ADDRESS: STREET 1: 49 FRONT STREET STREET 2: #206 CITY: ROCKVILLE CENTRE STATE: NY ZIP: 11570 8-K 1 form8k.htm FOREX INTERNATIONAL TRADING CORP. FORM 8-K form8k.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities and Exchange Act of 1934

Date of Report (Date of earliest event reported): November 28, 2011

Commission File Number 000-54530

FOREX INTERNATIONAL TRADING CORP.

(Exact name of small business issuer as specified in its charter)

Nevada	27-0603137
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

Moria 30 Avenue, Haifa, Israel 34572

(Address of principal executive offices)

888-333-8075

(Issuer’s telephone number)

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 Instructions 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))

Item 2.02 Results of Operations and Financial Condition

Item 7.01 Regulation FD Disclosure

On November 28, 2011, Forex International Trading Corp. (the “Company”) issued a press release regarding the current status of the Company’s operations. A copy of the Company’s press release is attached hereto as Exhibit 99.1.

The information contained in this Current Report shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits

Exhibit Number		Description

99.1		Press Release dated November 28, 2011

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	FOREX INTERNATIONAL TRADING CORP.

	By:	/s/ Liat Franco
	Name:	Liat Franco
	Title:	CEO, President, CFO, Secretary, Treasurer and Director

Date: November 29, 2011

EX-99.1 2 ex991.htm EXHIBIT 99.1 ex991.htm

Exhibit 99.1

Forex International Pursues Settlement

HAIFA, Israel, Nov 28, 2011 (BUSINESS WIRE) -- Forex International Trading Corp. (the "Company") (OTCBB: FXIT), is providing report regarding the status of the Company's operations. As previously announced, Mrs. Franco has been appointed by the board of directors with the goal of resolving specific problems as reported. As detailed in the June 2011 and September 2011 fillings, the Company is in continued default on senior notes. The parties holding these notes have provided an acceleration notice and have notified the Company that they intend to take possession of certain assets held by the Company that are secured by the notes.

Mrs. Franco, CEO of the Company, stated: "Since my appointment, I have been in contact with the note holders. After reviewing the purchase agreements in which the Company acquired these assets and considering prior experience of the Company's prior management with the note holders, I have commenced negotiations in which the Company not object to the note holder foreclosing on the Company's assets (without pursuing its counter claims) only in the event the Company receives a cash payment."

There is no guarantee that the Company will successfully close this global settlement and/or receive any cash payment. However, this information is being released in an effort to keep all shareholders and investors information regarding the operations of the Company.

About Forex International Trading Corp.

Headquartered in Haifa, Israel, Forex International Trading Corp. holds an ownership interest in an offshore advanced online trading platform for Forex markets to non U.S. residents.

For more information, please visit: http://www.forex-international-trading.com

Forward-Looking Statements: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others, whether Forex International Trading Corp. can successfully execute its operating plan; its ability to integrate acquired companies and technology; its ability to retain key employees; its ability to successfully combine product offerings and customer acceptance of combined products; general market conditions; and whether Forex International Trading Corp. can successfully develop new products and the degree to which these gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release. Forex International Trading Corp. does not undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

SOURCE: Forex International Trading Corp.

CONTACT:

Forex International Trading Corp. Mrs. Franco, 888-333-8075 CEO