0001038838-12-000034.txt : 20120228 0001038838-12-000034.hdr.sgml : 20120228 20120228105838 ACCESSION NUMBER: 0001038838-12-000034 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120222 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120228 DATE AS OF CHANGE: 20120228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TETRIDYN SOLUTIONS INC CENTRAL INDEX KEY: 0000827099 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 650008012 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 033-19411-C FILM NUMBER: 12645060 BUSINESS ADDRESS: STREET 1: 1651 ALVIN RICKEN DRIVE CITY: POCATELLO STATE: ID ZIP: 83201-2726 BUSINESS PHONE: 208-232-4200 MAIL ADDRESS: STREET 1: 1651 ALVIN RICKEN DRIVE CITY: POCATELLO STATE: ID ZIP: 83201-2726 FORMER COMPANY: FORMER CONFORMED NAME: CREATIVE VENDING CORP DATE OF NAME CHANGE: 19960408 FORMER COMPANY: FORMER CONFORMED NAME: HWS MAI CORP DATE OF NAME CHANGE: 19890426 8-K 1 form8k022212.htm FORM 8-K DATD FEBRUARY 22, 2012 form8k022212.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 22, 2012

TetriDyn Solutions, Inc.
(Exact name of registrant as specified in its charter)
           
Nevada
 
033-19411-C
 
65-0008012
 
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)
 
           
1651 Alvin Ricken Drive
     
Pocatello, ID
 
83201
 
(Address of principal executive offices)
 
(Zip code)
 
       
Registrant’s telephone number, including area code:
 
(208) 232-4200
 
       
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:

¨
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 1.01—ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On February 22, 2012, TetriDyn Solutions, Inc., borrowed $15,000 from David W. Hempstead and Antoinette Knapp, two of its officers and directors, repayable pursuant to a promissory note.  The terms of the note are as follows:

(a)           No interest will accrue if the note is repaid within 60 days.

(b)           If the note is not repaid within 60 days, the Company is obligated to pay $1,500 to Mr. Hempstead and Ms. Knapp to compensate them for costs associated with securing the funds.  If the loan is repaid within one year, no annual interest rate will be charged.  If the loan is not repaid within one year, the note will accrue interest at 6% per annum, beginning on the one-year anniversary date of the note.

(c)           Mr. Hempstead and Ms. Knapp are authorized to convert part or all of the note balance and accrued interest, if any, into the Company’s common stock at its fair market value at the time of conversion.


ITEM 2.03—CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT

See Item 1.01 above.


ITEM 9.01—FINANCIAL STATEMENTS AND EXHIBITS

The following is filed as an exhibit to this report:

Exhibit
Number*
 
 
Title of Document
 
 
Location
         
10
 
Material Contracts
   
10.17
 
Promissory Note dated February 22, 2012
 
Attached


SIGNATURES

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 hereunto duly authorized.

 
TETRIDYN SOLUTIONS, INC.
     
     
     
Dated:  February 27, 2012
By:
/s/ Antoinette R. Knapp
   
Antoinette R. Knapp, Vice President

2
 
 

 

EX-10.17 2 ex1017form8k022212.htm PROMISSORY NOTE DATED FEBRUARY 22, 2012 ex1017form8k022212.htm
PROMISSORY NOTE

Pocatello, Idaho
Amount: $15,000


FOR VALUE RECEIVED, TETRIDYN SOLUTIONS, INC., an Idaho corporation of 1651 Alvin Ricken Drive, Pocatello, ID  83201 (“Maker”), promises to pay to the order of DAVID AND ANTOINETTE HEMPSTEAD of Idaho Falls, Idaho (“Payee”) the principal sum of $15,000.00, with interest accruing thereon as described below.

 
1.
The loan will have 0% interest if repaid within sixty (60) days of receipt of funds by the Maker.  If the loan is not repaid within sixty (60) days of receipt of funds by the Maker, the Maker will be charged 10% to compensate the Payee for fees associated with securing the loan funds.

 
2.
If the loan is repaid within one year of receipt of funds by the Maker, no annual interest rate will be charged.  If the loan is not repaid within one year of receipt of funds, the annual interest rate will be 6% starting at the one-year anniversary date of the loan.

 
3.
The Payee is authorized to convert part or all of the loan balance and accrued interest to common stock of the Maker at fair market value at any time.

 
4.
The loan’s due date for full repayment is December 31, 2014.

This Promissory Note shall be governed by and construed in accordance with the laws of the State of Idaho.

In the event this Note is placed with an attorney for collection or enforcement of any of its terms or provisions, whether or not suit is filed, the undersigned promises to pay, in addition to costs provided by statute or rule a reasonable attorney’s fee.

Payment of this Note is unsecured.

DATED this 22nd day of February, 2012.

TETRIDYN SOLUTIONS, INC.

By: /s/ David W. Hempstead
David W. Hempstead, President


By: /s/ Antoinette Knapp
Antoinette Knapp, Secretary