- Current report filing (8-K)
September 09 2009 - 4:49PM
Edgar (US Regulatory)
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 9, 2009 (September 8,
2009)
(Exact
name of registrant as specified in its charter)
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Delaware
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0-26140
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51-0352879
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(State
or other jurisdiction of incorporation)
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(Commission
File Number)
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(I.R.S.
Employer Identification No.)
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400
Chisholm Place, Suite 411, Plano, Texas 75075
(Address
of principal executive offices)
(Registrant's
telephone number)
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 (see General Instructions A.2 below):
[ ]
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))
This
Current Report on Form 8-K and other reports filed by the Registrant from time
to time with the Securities and Exchange Commission (collectively the “Filings”)
contain forward looking statements and information that are based upon beliefs
of, and information currently available to, the Registrant’s management, as well
as estimates and assumptions made by the Registrant’s management. When used in
the Filings the words “anticipate”, “believe”, “estimate”, “expect”, “future”,
“intend”, “plan” or the negative of these terms and similar expressions as they
relate to the Registrant or the Registrant’s management identify forward looking
statements. Such statements reflect the current view of the Registrant with
respect to future events and are subject to risks, uncertainties, assumptions
and other factors relating to the Registrant’s industry, operations and results
of operations and any businesses that may be acquired by the Registrant. Should
one or more of these risks or uncertainties materialize, or should the
underlying assumptions prove incorrect, actual results may differ significantly
from those anticipated, believed, estimated, expected, intended or
planned.
Item
1.01. Entry into a Material Definitive Agreement
On
September 8, 2009, a holder of our Series B Notes agreed to convert $1,688,032
of obligations due under the notes into 18,756,355,556 shares of our common
stock. This conversion represents an issuance price of $.00009 per
share. The conversion will occur following stockholder approval
of an increase in the number of our authorized shares.
Item
8.01. Other Events
The
Company issued a press release describing the transactions described in this
Report on September 9, 2009, a copy of which is included as an Exhibit to this
Report.
Item
9.01. Financial Statements and Exhibits
(c) Exhibits:
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Exhibit
No.
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Description
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|
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10.1
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Letter
agreement with HFS Minorplanet Funding LLC dated September 8,
2009.
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99.1
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Press
Release, dated September 9, 2009
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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.
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Date:
September 9, 2009
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REMOTE
DYNAMICS, INC.
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By:
/s/ Gary
Hallgren
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Name:
Gary Hallgren
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Title:
Chief Executive Officer
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