Form 8-K for PRIMCO MANAGEMENT INC.
6-May-2015
Entry into a Material Definitive Agreement
Once the definitive agreements have been signed, Mr. Vadim Lyubchenko, the CEO of Solgate, will join the Company’s board of directors, and will be made the CEO of the new company until the spin-off is complete.
As soon as practicable after signing the definitive agreements, the Company will file a registration statement with the SEC to register the 80,000,000 common shares issued to Solgate for resale. In addition, the Company will use its best efforts to raise approximately $5,200,000 to further the business plan. If the Company is not able to raise commitments for this financing within 120 days of signing the definitive agreement, then either party may cancel the transaction without any further liability to any other party.
Item 9.01 – Exhibits.
Exhibit 10.1: Letter of Intent between Primco Management, Inc. and Solgate, Inc., signed May 2, 2015.
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