-----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, Qfbk6Tj5UT3OeyhPKgiREZymGfiVP9bUBaC7YoKbgIjJ0T9aofABycYp8VJo/F3e yF+OXdLrbL1qgURsiT2VZw== 0001144204-09-026142.txt : 20090513 0001144204-09-026142.hdr.sgml : 20090513 20090513171713 ACCESSION NUMBER: 0001144204-09-026142 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090513 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090513 DATE AS OF CHANGE: 20090513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AuraSound, Inc. CENTRAL INDEX KEY: 0000810208 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651] IRS NUMBER: 205573204 STATE OF INCORPORATION: NV FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-51543 FILM NUMBER: 09823545 BUSINESS ADDRESS: STREET 1: 11839 EAST SMITH AVENUE CITY: SANTA FE SPRINGS, STATE: CA ZIP: 90670 BUSINESS PHONE: (562) 447-1780 MAIL ADDRESS: STREET 1: 11839 EAST SMITH AVENUE CITY: SANTA FE SPRINGS, STATE: CA ZIP: 90670 FORMER COMPANY: FORMER CONFORMED NAME: HEMCURE INC DATE OF NAME CHANGE: 19920703 8-K 1 v149249_8k.htm Unassociated Document

 
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): May 13, 2009
 

 
AURASOUND, INC.

(Exact name of registrant as specified in Charter)

 
Nevada
 
000-51543
 
20-5573204
(State or other jurisdiction of
incorporation or organization)
 
(Commission File No.)
 
(IRS Employee Identification No.)
 
11839 East Smith Avenue
Santa Fe Springs, California 90670
(Address of Principal Executive Offices)
 
(562) 447-1780
(Issuer 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 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 CFR240.14a-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 240.13(e)-4(c))

 
 

 

Item 8.01
Other Events

On May 13, 2009 AuraSound, Inc. issued the attached press release which reports that its board of directors has approved definitive transaction documents for the purchase by GGEC America, Inc. of newly issued shares of AuraSound’s common stock.  After giving effect to the transaction, GGEC America, Inc. would own approximately 55% of AuraSound’s issued and outstanding common stock.
 
Item 9.01  
Financial Statements and Exhibits
 
Exhibit 99.
Press Release issued May 13, 2009

SIGNATURES

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

Dated:  May 13, 2009

 
AuraSound, Inc.
       
       
       
 
By:
/s/ Arthur Liu
 
    Arthur Liu, Chief Executive Officer

 
 

 
EX-99 2 v149249_ex99.htm
Exhibit 99

AURASOUND, INC. ANNOUNCES APPROVAL OF GGEC TRANSACTION


Santa Fe Springs, CA.  May 13, 2009 -- AURASOUND, Inc. (OTCBB:  ARAU) (“AuraSound”) announced today that its board of directors has approved definitive transaction documents for the purchase by GGEC America, Inc. (“GGEC”) of newly issued shares of common stock of AuraSound that will total approximately 55% of AuraSound’s issued and outstanding common stock after giving effect to the transaction, as described in a Letter of Intent reported by AuraSound on a Form 8-K filed on October 9, 2008.  GGEC is in the final stages of its due diligence review and has indicated a desire to close the transaction prior to June 30, 2009.  Arthur Liu, Chairman and CEO of AuraSound, made the announcement, noting:  "Guogong Electronic Co., a Chinese company that owns GGEC, has been our primary supplier since November 2007 and we are excited that they value our strategic direction, marketing and product designs sufficiently to become our partner for the future.  We have already begun to see our products gaining recognition as a result of our relationship with GGEC.”

About AuraSound, Inc.
AuraSound, Inc., a Santa Fe Springs, California company,  develops, manufactures and markets premium audio products. AuraSound specializes in the production of high sound pressure level (“SPL”), bass-rich, low distortion sound from compact acoustic speakers utilizing innovative audio technologies to manufacture high end home and professional audio products. The company is currently expanding into the micro-audio market and has developed, patented and is currently marketing undersized speakers that will deliver sound quality to devices such as laptops, flat-panel televisions, displays and mobile phones that we believe is superior to the sound quality generally found in these devices. Our goal is to expand our sales pipeline by expanding our customer base to include: additional OEM electronics manufacturers in existing product categories; expanding our product line to include micro-audio products designed for additional applications such as laptops, flat-panel televisions, mobile phones and PDAs; and, by incorporating our micro-technology into a larger number of models and products for our current OEM customers.

Forward Looking Statements

Statements in this press release that are not statements of historical or current fact, such as the projected closing of the transaction with GGEC, constitute "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause actual results to be materially different from any future results expressed or implied by such forward-looking statements.  Factors that could cause the Company’s results to be materially different from the forward-looking statements include the timing of when the parent company of GGEC approves the transaction described herein and obtains a legal opinion under Chinese law enabling the transaction to proceed.  The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission, which are available for review at www.sec.gov.
 
 
 

 
-----END PRIVACY-ENHANCED MESSAGE-----