Attached files
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| EX-10.83 - NIRTA ENTERPRISES PROMISSORY NOTE - ABVC BIOPHARMA, INC. | nirtaenterprisespromnote.htm |
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)
April
15, 2010
ECOLOGY
COATINGS, INC.
(Exact
name of registrant as specified in its charter)
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Nevada
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333-91436
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26-0014658
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-------------------
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-------------------
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-------------------
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(State
or other jurisdiction incorporation)
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(Commission
File Number)
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(IRS
Employer or Identification No.)
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2701
Cambridge Court, Suite 100
Auburn
Hills, MI 48326
___________________________________________________
(Address
of principal executive offices, including zip code)
Registrant’s
telephone number, including area code: 248-370-9900
(Former
Name or Former Address, if Changed Since Last Report.)
___________________________________________________
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 Instruction 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))
ITEM
1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On April
15, 2010, we issued a promissory note to Nirta Enterprises, LLC (“Nirta
Enterprises”) in the principal amount of Twenty Four Thousand Dollars ($24,000)
bearing interest at five percent (5%) per annum. The note is payable
in full within 15 days written demand from Nirta Enterprises. Nirta
Enterprises is wholly owned by Joseph Nirta, a member of our board of directors.
Nirta Enterprises, at its option, may demand payment of all amounts owed
under the note within fifteen (15) days following our completion of either
(i) an underwritten public offering of its securities or (ii) a
private offering exempt from registration under Section 4(2) of the
Securities Act of 1933, as amended which results in proceeds, net of
underwriting discounts and commissions, in excess of One Million Dollars
($1,000,000) (“New Offering”). The amounts due under the note may also be
accelerated upon an event of default or converted into common shares
upon our completing a New Offering.
Item
9.01 Financial Statements and Exhibits.
(c)
Exhibits
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Exhibit Number
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Description
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10.83
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Promissory
Note dated April 15, 2010 in favor of Nirta Enterprises,
LLC
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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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ECOLOGY
COATINGS, INC.
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|
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DATE: April
20, 2010
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By:
/s/ Robert G. Crockett
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Robert
G. Crockett
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Chief
Executive Officer
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