Attached files
| file | filename |
|---|---|
| EX-10.1 - EX-10.1 - AgEagle Aerial Systems Inc. | v204357_ex10-1.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) November 30,
2010
|
ENERJEX RESOURCES, INC.
|
|
(Exact
name of registrant as specified in its
charter)
|
|
Nevada
|
000-30234
|
88-0422242
|
||
|
(State
or other jurisdiction of
incorporation)
|
(Commission
File Number)
|
(IRS
Employer Identification
No.)
|
|
27 Corporate Woods, Suite 350
10975 Grandview Drive
Overland Park, KS
|
66210
|
|
|
(Address
of Principal Executive Offices)
|
(Zip
Code)
|
Registrant’s
telephone number, including area code: (913)
754-7754
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:
|
¨
|
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 October 30, 2010, the Registrant
entered into a binding letter of intent (the “LOI”) with J&J
Operating, LLC (“J&J”); West Coast
Opportunity Fund, LLC (“WCOF”); Montecito
Venture Partners, LLC, a controlled affiliate of WCOF (“MVP”); and Black
Sable Energy, LLC, a controlled affiliate of MVP (“BSE”)(collectively
J&J, WCOF, MVP and BSE are referred to as the “Acquisition Parties”) under
which the parties were to negotiate formal definitive agreements (“Definitive
Agreements”), on or prior to November 30, 2010 (the “Termination
Date”).
On
November 30, 2010, the Registrant and the Acquisition Parties amended the LOI to
extend the Termination Date for entering into the Definitive Agreements to
December 31, 2010.
There are
numerous conditions that need to be satisfied in order for the contemplated
transactions to proceed, including but not limited to agreements with third
parties over which the Registrant and the other parties to such transactions
have no control. It is unclear whether those conditions will be
satisfied, and consequently it is unclear if those contemplated transactions
will ever close.
The
foregoing description of the amended LOI and the transactions contemplated
thereby does not purport to be complete and is subject to, and qualified in its
entirety by, the full text of the amended LOI attached hereto as Exhibit 10.1,
which is incorporated herein by reference.
Item
9.01 Financial Statements and Exhibits.
|
Exhibit No.
|
Exhibit Description
|
|
|
10.1
|
|
Amendment
to Binding Letter of Intent dated November 30,
2010
|
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.
|
ENERJEX
RESOURCES, INC.
|
||
|
By:
|
/s/ Steve Cochennet
|
|
|
Steve
Cochennet, Chief Executive Officer
|
||
|
Date:
December 1, 2010
|
||