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RCGP > SEC Filings for RCGP > Form 8-K on 24-Nov-2014All Recent SEC Filings

Show all filings for RADIANT CREATIONS GROUP, INC.

Form 8-K for RADIANT CREATIONS GROUP, INC.


24-Nov-2014

Unregistered Sale of Equity Securities, Financial Statements and Ex


Item 3.02 Unregistered Sales of Equity Securities.

On October 16, 2014, the Board of Directors of the Company approved and authorized the issuance of 21,000,000 shares of restricted common stock to IBC Funds, LLC (IBC Funds) in partial satisfaction of its obligations under the settlement agreement executed with IBC Funds on October 16, 2014 (the Settlement Agreement). The 21,000,000 shares of common stock were reserved in accordance with the terms and provisions of the Settlement Agreement. The shares of common stock were issued to IBC Funds in reliance on Section 3(a) (10) promulgated under the Securities Act of 1933, as amended (the Securities Act).

Copies of the Settlement and Stipulation Agreement in favor of IBC Funds, LLC are filed as exhibits to this report.

As of November 24, 2014, the registrant had outstanding 34,973,708 shares of common stock, par value $0.00001 per share.



Item 9.01. Financial Statements and Exhibits.

(a) Financial Statements of Business Acquired. Not applicable.

(b) Pro forma financial information. Not applicable.

(c) Shell Registrant transaction. Not applicable.

(d) Exhibits.

Exhibit No. Identification of Exhibit
10.1* Settlement and Stipulation Agreement dated October 16, 2014
10.2* Claims Purchase Agreement dated October 18, 2014.

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