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DCIN > SEC Filings for DCIN > Form 8-K on 9-Jul-2012All Recent SEC Filings

Show all filings for DIGITAL CINEMA DESTINATIONS CORP. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for DIGITAL CINEMA DESTINATIONS CORP.


9-Jul-2012

Entry into a Material Definitive Agreement, Financial Statement


Item 1.01. Entry Into a Material Definitive Agreement

On July 9, 2012, we signed a new Asset Purchase Agreement (APA) for the proposed purchase of the 12-plex located at 162 River Road in Lisbon, CT. The new APA replaces a previously terminated version (originally dated February 13, 2012) and incorporates the provisions of the prior agreement with several new provisions, including an acquisition closing date on or before September 15, 2012 and a $50,000 non-refundable payment by the buyer to the seller which will be applied to the purchase price at closing. Digiplex's obligation to purchase Lisbon Cinema is subject to its securing adequate financing.



Item 9.01. Financial Statements and Exhibits.

Exhibit No. Description of Exhibit

2.6 Asset Purchase Agreement dated as of February 13, 2012, by and between LisbonTheaters, Inc., Daniel C. O'Neil, Timothy M. O'Neil, and DC Lisbon Cinema, LLC.

2.7 Asset Purchase Agreement dated as of July 9, 2012, by and between LisbonTheaters, Inc., Daniel C. O'Neil, Timothy M. O'Neil, and DC Lisbon Cinema, LLC.

99.1 Press Release dated July 9, 2012.


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