Attached files
| file | filename |
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| EX-10.1 - EMERALD DAIRY INC | v206950_ex10-1.htm |
UNITED
STATES
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): | December 24, 2010 |
EMERALD
DAIRY INC.
|
Nevada
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000-52174
|
80-0137632
|
||
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(State
or Other Jurisdiction
|
(Commission
|
(IRS
Employer
|
||
|
of
Incorporation)
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File
Number)
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Identification
No.)
|
11990
Market Street, Suite 205
Reston,
Virginia 20190
(Address
of Principal Executive Offices)
| Registrant's telephone number, including area code: | (703) 867-9247 |
(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:
¨
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))
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Item 1.01.
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Entry
into a Material Definitive
Agreement.
|
As of
December 24, 2010, Emerald Dairy, Inc., a Nevada corporation (the “Company”),
and the investors (“Investors”) in the Company’s December 2009 private placement
of promissory notes in the aggregate principal amount of $1,750,000 (“Notes”),
entered into an amendment (the “Amendment”) to the purchase agreement under
which the Notes had originally been issued. Pursuant to the
Amendment:
|
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·
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The
maturity dates of the Notes were extended from December 24, 2010 to
February 22, 2011 (the “New Repayment Date”);
and
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|
|
·
|
The
Company paid the Investors an aggregate of $43,151, representing the full
amount of interest payable through the New Repayment Date (at a rate of
15% per annum).
|
The
foregoing description of the Amendment does not purport to be complete and is
qualified in its entirety by reference to the complete text of the Amendment,
which is filed as Exhibit 10.1 hereto and incorporated herein by
reference.
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Item
2.03.
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Creation
of a Direct Financial Obligation or an Obligation under an Off-Balance
Sheet Arrangement of a Registrant.
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Reference
is made to the disclosure set forth under Item 1.01 above, which disclosure is
incorporated herein by reference.
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Item 9.01.
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Financial
Statements and Exhibits
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(d) Exhibits.
The
exhibits listed in the following Exhibit Index are filed as part of this Form
8-K.
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Exhibit No.
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Description
|
|
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10.1
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Amendment
to Securities Purchase Agreement, dated December 24,
2010
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SIGNATURE
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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EMERALD DAIRY INC.
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(Registrant)
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Date: December 30,
2010
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By:
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/s/ Yang Yong Shan
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Yang
Yong Shan
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Chairman,
Chief Executive Officer and
President
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