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): April 15, 2013
TGFIN HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
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Delaware |
| 0-19470 |
| 13-4069968 | ||
(State or other jurisdiction of incorporation) |
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101 North Main Street, Suite B, Smithfield, Utah |
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(Address of principal executive offices) |
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Registrants telephone number, including area code: (435) 563-8080
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:
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¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.02-Termination of a Material Definitive Agreement
On December 31, 2012 TGFIN Holdings, Inc.s (TGFN.OTC) (TGFIN) entered into an agreement to purchase certain assets and technologies (Assets) from IceLounge Media, Inc. (IMI), an unrelated party, in exchange for 49% of TGFIN's common stock. On April 15, 2013 both parties mutually agreed to terminate the agreement prior to closing without obligation, penalty or consequence to either party. The Assets were returned to Ice Lounge and TGFINs common stock was not issued.
Item 9.01 Financial Statements and Exhibits
Exhibit No.
Exhibit Description
10.1
Termination Agreement
SIGNATURE
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.
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| TGFIN HOLDINGS, INC. | ||
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Date: April 16, 2013 |
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| By: |
| /s/ S. Emerson Lybbert |
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| S. Emerson Lybbert |
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| CEO |
TERMINATION AGREEMENT
April 15, 2013
TGFIN Holdings, Inc. and IceLounge Media, Inc. had entered into an Asset Purchase Agreement (APA) on December 31, 2012. Effective April 15, 2013, both parties hereby agree to mutually terminate the APA, under Article VII, 7.01(a).
/s/Scott Lybbert
/s/Calvin Wong
Scott Lybbert
Calvin Wong
President
President
TGFIN Holdings, Inc.
IceLounge Media, Inc.