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EX-10 - EX-10.3 BOARD OF DIRECTORS RESOLUTIONS - Laufer Bridge Enterprises, Inc.laufer8k060210ex103.htm
EX-10 - EX-10.2 CONVERTIBLE PROMISSORY NOTE - Laufer Bridge Enterprises, Inc.laufer8k060210ex102.htm
EX-10 - EX-10.4 DEBT PURCHASE AGREEMENT - Laufer Bridge Enterprises, Inc.laufer8k060210ex104.htm

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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): June 3, 2010


LAUFER BRIDGE ENTERPRISES, INC.


NEVADA

 

333-149177

 

04-3626788

(State or other jurisdiction of incorporation)

 

(Commission File No.)

 

(IRS Employer Identification No.)


3276 Buford Drive, Bldg. 104, Suite 320, Buford, GA

 

30519

(Address of principal executive officers)

 

(Zip Code)


678-596-6872

(Registrant’s telephone number, including area code)


 

(Former name or former address, if changes 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(b) under the Exchange Act (17 CFR 240.14a-12(b))


     .     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))




Section 8


Other Events Item 8.01 Other Events.


Reference is herewith made to Laufer Bridge Enterprises, Inc. (hereinafter the “Company”) initial filing of it Registration Statement with the SEC on February 12, 2009 (File No.: 333-149177) and in particular to: (i) Part 2, Item 13 indicating estimated legal fees of $50,000; and (ii) Exhibit 10.2 (dated January 13, 2008) the latter of which indicates, in part::

 

NOW, THEREFORE, it is herewith agreed as follows:  Absent sufficient revenues to pay these amounts within six (6) months of the date of the LAUFER prospectus, LAUFER’s President agrees to loan LAUFER the funds to cover the balance of outstanding professional and related fees relating to LAUFER’s prospectus if the professionals involved insist on cash payments.  If and when loaned, the loan will be evidenced by a non-interest bearing unsecured corporate note to be treated as a loan until repaid, if and when LAUFER has the financial resources to do so.  Gary B. Wolff, P.C., LAUFER’s counsel, by signing this Agreement agrees in full to defer his legal fees in the manner set forth in this Agreement.”


The Company’s Registration Statement was declared effective on March 11, 2008 and 6 months later no portion of the aforesaid $50,000 had been paid.


Accordingly, a Convertible Promissory Note (the “Note”) was entered into between Gary B. Wolff and the Company on September 13, 2008 which Note was subsequently partially executed by Gary B. Wolff on July 29, 2009 in accordance with Unanimous Consent of Company’s directors and thereafter and in accordance with Debt Purchase Agreement dated July 29, 2009, a portion of remaining indebtedness of $37,500, $8,700 was purchased by Gary B. Wolff in exchange for 8,700,000 shares of the Company, which, upon issuance in September  2009 decreased Note from $37,500 to $28,800.


As relates to above-referenced Convertible Promissory Note, a further partial execution of such Note was accomplished by Gary B. Wolff on June 3, 2010 in accordance with Unanimous Consent of Company’s directors and thereafter and in accordance with Debt Purchase Agreement dated June 3, 2010, a portion of remaining indebtedness of $28,800, $8,800 was purchased by Gary B. Wolff in exchange for 8,800,000 shares of the Company, which, upon issuance in May 2010, decreased Note from $28,800 to $20,000.


Item 9.01 Financial Statements and Exhibits.


The following exhibits are filed as part of this Current Report.


(d)

Exhibits


10.1

Agreement between Company, its President and its counsel, dated January 13, 2008 and incorporated by reference as filed as Exhibit 10.2 to Registration Statement filed February 12, 2008 (File No.: 333-149177)

10.2

Convertible Promissory Note, dated September 13, 2008, as amended June 3, 2010

10.3

Board of Directors Resolutions dated June 3, 2010

10.4

Debt Purchase Agreement dated June 3, 2010



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SIGNATURE


Pursuant to the requirements of the Securities and Exchange Act of 1934, Registrant has duly caused this report to be signed on its behalf of the undersigned hereunto duly authorized.


June 3, 2010



LAUFER BRIDGE ENTERPRISES, INC.

(Registrant)


/s/ Joel Stohlman                                   

By: JOEL STOHLMAN, PRESIDENT



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