-----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, IdTK4k+6V8LP5m5s4PYvCBYWiIncPR3lxU3yMcRJG/LH145fVAx9bPnBA2sfJxwV MLWc9/o5gl76V+frxRtgqA== 0001214659-08-001752.txt : 20080804 0001214659-08-001752.hdr.sgml : 20080804 20080804162858 ACCESSION NUMBER: 0001214659-08-001752 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080729 ITEM INFORMATION: Unregistered Sales of Equity Securities FILED AS OF DATE: 20080804 DATE AS OF CHANGE: 20080804 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FINOTEC GROUP INC CENTRAL INDEX KEY: 0000831378 STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799] IRS NUMBER: 760251547 STATE OF INCORPORATION: NV FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 033-20966 FILM NUMBER: 08988383 BUSINESS ADDRESS: STREET 1: 110 WALL STREET SUITE 15C CITY: NEW YORK STATE: NY ZIP: 10005 BUSINESS PHONE: 2127018527 MAIL ADDRESS: STREET 1: 1825 EYE STREET, N.W., SUITE 400 CITY: WASHINGTON STATE: DC ZIP: 20006 FORMER COMPANY: FORMER CONFORMED NAME: ONLINE INTERNATIONAL CORP /NV/ DATE OF NAME CHANGE: 19990923 FORMER COMPANY: FORMER CONFORMED NAME: CONDOR WEST CORP DATE OF NAME CHANGE: 19920703 8-K 1 f84808k.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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) July 29, 2008 ---------------------- Finotec Group, Inc. - -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Charter) Nevada 76-0251547 - -------------------------------------------------------------------------------- (State or Other Jurisdiction (IRS Employer Incorporation) Identification No.) 228 East 45th Street, Suite 1801, New York NY 10017 - -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code -------------------------- N/A - -------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) ITEM 3.02. Unregistered sales of equity securities. Private Placement. On July 29, 2008, the Company entered into definitive agreements for the sale of 3,333,333 shares of Common Stock (the "Common Stock") at a price of $0.30 per share for a total of $1 million. As a part of the transaction, the Company agreed to issue accompanying warrants (the "Investor Warrants") to purchase an aggregate of 1,428,571 shares of Common Stock at an exercise price of $0.70 per share. The shares of Common Stock sold in the private placement offering have not been registered under the Act and may not be offered or sold absent registration or an applicable exemption from such registration requirements. The transaction closed on July 31, 2008. The summary description of the financing described above does not purport to be complete and is qualified in its entirety by reference to the Stock Purchase Agreement. 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, thereunto duly authorized. Date: August 1, 2008 Finotec Group, Inc. By: /s/ Didier Essemini ------------------------ Name: Didier Essemini Title: President -----END PRIVACY-ENHANCED MESSAGE-----