0001493152-15-004564.txt : 20150929 0001493152-15-004564.hdr.sgml : 20150929 20150929115659 ACCESSION NUMBER: 0001493152-15-004564 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150923 ITEM INFORMATION: Termination of a Material Definitive Agreement FILED AS OF DATE: 20150929 DATE AS OF CHANGE: 20150929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Textmunication Holdings, Inc. CENTRAL INDEX KEY: 0000897078 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 581588291 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21202 FILM NUMBER: 151129441 BUSINESS ADDRESS: STREET 1: 1940 CONTRA COSTA BLVD. CITY: PLEASANT HILL STATE: CA ZIP: 94523 BUSINESS PHONE: 800-677-7003 MAIL ADDRESS: STREET 1: 1940 CONTRA COSTA BLVD. CITY: PLEASANT HILL STATE: CA ZIP: 94523 FORMER COMPANY: FORMER CONFORMED NAME: Textmunications Holdings, Inc. DATE OF NAME CHANGE: 20140610 FORMER COMPANY: FORMER CONFORMED NAME: Textmunication Holdings, Inc. DATE OF NAME CHANGE: 20140110 FORMER COMPANY: FORMER CONFORMED NAME: FIRSTWAVE TECHNOLOGIES INC DATE OF NAME CHANGE: 19980327 8-K 1 form8-k.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): September 23, 2015

 

Textmunication Holdings Inc.
(Exact name of registrant as specified in its charter)

 

Nevada   000-21202   58-1588291
(State or other jurisdiction   (Commission   (I.R.S. Employer
of incorporation)   File Number)   Identification No.)

 

1940 Contra Costa Blvd.

Pleasant Hill, CA

  94523
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: 925-777-2111

 

     
  (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 1.02. Termination of a Material Definitive Agreement.

 

On September 23, 2015, Textmunication Holdings Inc. (the “Company”) completed the requirements of a note repayment agreement (the “Agreement”) that retired in full a $64,000 convertible promissory note (the “Note”) issued on February 27, 2015. The Note bore interest at a rate of 8% per annum and was convertible into shares of the Company’s common stock at a price that was a 55% discount to a defined market price. The Note required a 50% premium to its face value to retire with a cash payment. Under the terms of the Agreement, the Company paid the Note holder an aggregate amount of $91,144.60 by remitting cash payments of $76,144.60 and issuing 1,685,393 shares of its common stock, valued at $15,000.

 

The Note holder is paid in full and can no longer convert the Note into shares of the Company’s common stock.

 

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SIGNATURES

 

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

 

  Textmunication Holdings, Inc
     
Date: September 29, 2015 By: /s/ Wais Asefi
  Name: Wais Asefi
  Title: Chief Executive Officer

 

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