-----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, CWOTyoeyL9tqrjZLZ02FC+PZRLfWzsTgxcXNFGNvC1y+odyw48lvtHfnu9xPhDSz vKaf45DjAi8HoUJNcsd8ow== 0001026018-07-000051.txt : 20071228 0001026018-07-000051.hdr.sgml : 20071228 20071228152414 ACCESSION NUMBER: 0001026018-07-000051 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071221 ITEM INFORMATION: Unregistered Sales of Equity Securities FILED AS OF DATE: 20071228 DATE AS OF CHANGE: 20071228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SYNERGY BRANDS INC CENTRAL INDEX KEY: 0000870228 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-GROCERIES & GENERAL LINE [5141] IRS NUMBER: 222993066 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19409 FILM NUMBER: 071331810 BUSINESS ADDRESS: STREET 1: 223 UNDERHILL BLVD CITY: SYOSSET STATE: NY ZIP: 11791 BUSINESS PHONE: 5167148200 MAIL ADDRESS: STREET 1: 223 UNDERHILL BLVD CITY: SYOSSET STATE: NY ZIP: 11791 FORMER COMPANY: FORMER CONFORMED NAME: KRANTOR CORP DATE OF NAME CHANGE: 19930328 FORMER COMPANY: FORMER CONFORMED NAME: DELTA VENTURES INC DATE OF NAME CHANGE: 19600201 8-K 1 file001.txt 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: December 21, 2007 Synergy Brands, Inc. (Exact name of registrant as specified in its charter) Delaware 0-19409 22-2993066 (State of incorporation) (Commission File No.) (IRS Employer Identification No.) 223 UNDERHILL BLVD., SYOSSET, NY 11791 (Address of principal executive offices) (zip code) Registrant's telephone number, including area code: 1-516-714-8200 Not Applicable (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 obligations 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 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 3.02 Unregistered Sales of Equity Securities. In December 2007 the Company entered into a Stock Purchase Agreement with Milfam I L.P., an affiliate entity of Lloyd Miller, a director and significant stockholder of the Company, involving Quality Food Brands Inc., a indirect subsidiary of the Company through PHS Group Inc., providing for exchange of a Common Stock Purchase Warrant such party had acquired in and of said Quality Food Brands Inc. for certain of the common stock of Quality Food Brands Inc., in exchange for common stock in Synergy Brands Inc., the arrangement designed to further the Company's (directly and through its subsidiary, PHS Group Inc.) efforts to achieve 100% ownership of Quality Food Brands Inc. (the Company's Baking Mix Operations), so as to maintain the qualification of the two companies for consolidated SEC & tax reporting. The Company by such agreement is obligated to issue to the said party a total of 480,000 shares of the Company's unregistered common stock which issuance is exempt from registration as provided by Section 4(2) of the Securities Act of 1933, as amended, being a transaction by the issuer not involving any public offering. The capitalization of Quality Food Brands Inc. further includes an additional warrant to purchase 15% of the outstanding stock of Quality Food Brands Inc. pursuant to an asset purchase agreement dated May 18, 2007 (reference is made to 8-K filed on May 23, 2007 as well as an 8-K filed November 26, 2007 and associated 8-K/A filed November 27, 2007 as to additional stock transactions in Quality Food Brands Inc. involving the Company, both incorporated herein by reference). -1- SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Synergy Brands, Inc. By: /s/ Mair Faibish ---------------- Mair Faibish Chairman of the Board By: /s/ Mitchell Gerstein --------------------- Mitchell Gerstein Chief Financial Officer Dated: December 27, 2007 -----END PRIVACY-ENHANCED MESSAGE-----