0001445866-13-000430.txt : 20130418 0001445866-13-000430.hdr.sgml : 20130418 20130418145441 ACCESSION NUMBER: 0001445866-13-000430 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130331 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Completion of Acquisition or Disposition of Assets ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130418 DATE AS OF CHANGE: 20130418 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENERGY EDGE TECHNOLOGIES CORP. CENTRAL INDEX KEY: 0001495230 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ENGINEERING SERVICES [8711] IRS NUMBER: 522439239 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-54285 FILM NUMBER: 13769035 BUSINESS ADDRESS: STREET 1: 1200 ROUTE 22 EAST STREET 2: SUITE 2000 CITY: BRIDGEWATER STATE: NJ ZIP: 08807 BUSINESS PHONE: 8887295722 EXT.100 MAIL ADDRESS: STREET 1: 1200 ROUTE 22 EAST STREET 2: SUITE 2000 CITY: BRIDGEWATER STATE: NJ ZIP: 08807 8-K 1 eedg8k04182013.htm 8-K eedg8k04182013.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

April 18, 2013
Date of Report

March 31, 2013
(Date of earliest event reported)


ENERGY EDGE TECHNOLOGIES CORPORATION
(Exact name of registrant as specified in its charter)

New Jersey
8711
52-2439239
(State or other jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)

433 Plaza Real, Suite 275, Boca Raton, FL 33432
(Address of principal executive offices, including zip code)
 
(561) 962-4258
 (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:

£ Written communications pursuant to Rule 425 under the Securities Act

£ Soliciting material pursuant to Rule 14a-12 under the Exchange Act

£ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

£ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
 

 
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Item 1.01 Entry into a Material Definitive Agreement.

On March 31, 2013, Energy Edge Technologies Corporation (the “Company”) entered into a Modification Agreement (the “Modification Agreement”) with The Dry Fried Wing Company, a Florida corporation (“DFW”) and John C. Walker (“Walker”).  The Modification Agreement revised, amended and restated the terms of the Agreement to Merge (the “Merger Agreement”) that was executed on November 21, 2012 and reported in a Current Report on Form 8-K filed with the Securities and Exchange Commission on November 27, 2012.  The Merger Agreement has been replaced in its entirety by the Modification Agreement.  The basic terms of the Modification Agreement calls for Walker to transfer the remaining 35% of DFW to the Company in exchange for $700 and removes his option to sell the remaining 35% of DFW in exchange for 70,000,000 shares of the Company’s common stock.  Accordingly, no shares of the Company’s common stock will be issued for the transfer of the remaining 35% of DFW to the Company.  Following such transfer, the Company shall own 100% of DFW.  Further, the Company and Walker shall makes their best efforts to cause Robert Holdsworth to surrender 24,000,000 shares of the Company’s common stock and cause Joseph Ragosta to surrender 4,000,000 shares of the Company’s common stock.  Robert Holdsworth and Joseph Ragosta have already surrendered these shares as of December 2012.  A full version of the Modification Agreement is attached hereto as Exhibit 2.1

Item 2.01 Completion of Acquisition or Disposition of Assets.

On March 31, 2013, the Company closed the transaction described in Item 1.01 above.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.
 
Description
2.1
 
Modification Agreement dated March 31, 2013
     

SIGNATURES

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

Dated: April 18, 2013

ENERGY EDGE TECHNOLOGIES CORPORATION
 
By:
/s/ James Boyd
Name:
James Boyd
Title:
Chief Executive Officer


 
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EX-2.1 2 ex21.htm EXHIBIT 2.1 ex21.htm
Exhibit 2.1
 
MODIFICATION AGREEMENT
 

 
This Modification Agreement (the “Modification”) is made and entered as of March 31, 2013 by and between Energy Edge Technologies Corporation, a New Jersey corporation (“EEDG”), Dry Fried Wing Company, a Florida corporation (“DFW”), and John C. Walker (“Walker”), a DFW shareholder.  EEDG, DFW, and Walker are sometimes referred to in this Modification individually as a Party or collectively as Parties.
 
RECITALS
 
EEDG and DFW executed that instrument entitled Agreement to Merge (the “Merger Agreement”), dated November 21, 2012.
 
EEDG and DFW wish to revise, amend, and restate the terms of the transactions evidenced by the Merger Agreement by deleting the provisions of the Merger Agreement in their entirety and replacing them with the terms and provisions of this Modification.
 
On or about November 15, 2012, one hundred (100) shares of the common stock of DFW were issued to Walker in exchange for consideration in the amount of Two Thousand and no/100 Dollars ($2,000.00).
 
Immediately thereafter, Walker transferred sixty-five (65) of such DFW shares to EEDG in exchange for consideration in the amount of One Thousand Three Hundred Dollars ($1,300.00).
 
Under the Merger Agreement, upon opening a retail restaurant business DFW is entitled to acquire Seventy Million (70,000,000) shares of EEDG common stock.  No such retail restaurant business has been opened and no such EEDG shares have been issued to DFW.
 
The Merger Agreement calls for Robert Holdsworth (“Holdsworth”) to surrender to EEDG Twenty-five million (25,000,000) shares of EEDG common stock and for Joseph Ragosta (“Ragosta”) to surrender to EEDG Four million (4,000,000) shares of EEDG stock.  Neither Holdsworth nor Ragostain their individual capacities were signatories to the Merger Agreement.
 

 
 

 
 
AGREEMENT
 
NOW, THEREFORE, in consideration of the mutual covenants, agreements, representations, and recitals contained in this Modification, the Parties do hereby agree as follows:
 
1.  
Cancellation of Merger Agreement.  The Merger Agreement shall be cancelled and replaced in its entirety by the terms and provisions of this Modification.
 
2.  
Transfer of DFW Shares.  As of the date of this Modification, Walker shall transfer and convey to EEDG his Thirty-Five (35) shares of DFW common stock in exchange for consideration in the amount of Seven Hundred and no/100 Dollars ($700.00).  After such transfer, EEDG shall be the owner of One Hundred Percent (100%) of the issued and outstanding capital stock of DFW.
 
3.  
No Issuance of EEDG Shares.  No shares of EEDG shall be issued to DFW.
 
4.  
Surrender of EEDG Shares.  The Parties shall make their best efforts to cause Holdsworth to surrender to EEDG Twenty-four Million (24,000,000)shares of his EEDG common stock.  The Parties shall make their best efforts to cause Ragosta to surrender to EEDG Four Million (4,000,000) shares of his EEDG common stock.  After such surrender of shares of common stock, the surrendered shares shall be placed in treasury as authorized and unissued shares of common stock.
 
5.  
Headings.  The subject headings of the Paragraphs of this Modification are included for purposes of convenience only and shall not affect the construction or interpretation of any of its provisions.
 
6.  
Entire Agreement; Modification; Waiver.  This Modification constitutes the entire agreement between the Parties pertaining to the subject matter contained in it and supersedes all prior and contemporaneous agreements, representations, and understandings of the Parties.  All prior agreements, written or oral, among the Parties relating to the subject matter of this Modification are cancelled.  No supplement, modification, or amendment of this Modification shall be binding unless executed in writing by the Party affected thereby.  No waiver of any provision of this Modification shall be deemed, or shall constitute, a waiver of any other provision, whether or not similar.  No waiver shall constitute a continuing waiver.  No waiver shall be binding unless executed in writing by the Party making the waiver.
 
7.  
Counterparts.  This Modification may be executed in several counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
 
8.  
Parties in Interest.  Nothing in this Modification, whether express or implied, is intended to confer any rights or remedies under or by reason of this Modification on any persons other than the Parties to it and their respective successors and assigns.
 
9.  
Successors.  This Modification shall be binding on and shall inure to the benefit of the Parties and their respective heirs, legal representatives, successors, and assigns.
 
10.  
Governing Law.  This Modification shall be construed in accordance with, and governed by, the laws of the State of New Jersey.
 

 
 

 
 

 
IN WITNESS WHEREOF, the Parties have duly executed this Modification Agreement as of the day and year first above written.
 

 
DRY FRIED WING COMPANY
 
 
By:    /s/ James Boyd                                                                           
 
James Boyd, Jr., President
 

 
ENERGY EDGE TECHNOLOGIES CORPORATION
 
 
By:     /s/ James Boyd                                                                           
 
James Boyd, Jr., President
 
 
 
JOHN C. WALKER, an individual
 
 
/s/ John Walker                                                                                
 
John C. Walker