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DUBL > SEC Filings for DUBL > Form 8-K on 23-Apr-2013All Recent SEC Filings

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Form 8-K for DUBLI, INC.


Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet

Item 2.03 Creation of a Direct Financial Obligation
On April 23, 2013, the Company entered into a loan agreement with Michael Hansen, the Company's CEO and controlling shareholder. The unsecured promissory note is for a maximum of $1 million which may be drawn as needed by the Company. Interest accrues at 3% beginning May 1, 2013, and all principal and accrued interest is due and payable in full on September 30, 2013.
As of April 23, 2013, the Company has borrowed $300,000 under the note. The foregoing description of the loan agreement does not purport to be complete and is qualified in its entirety by reference to the document attached hereto as an Exhibit, which is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits


Number Description

10.1 Loan Agreement dated April 23, 2013 between DubLi, Inc. and Michael Hansen

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