Attached files
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EX-10.1 - Todays Alternative Energy Corp | v210221_ex10-1.htm |
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): January 25, 2011
TODAYS ALTERNATIVE
ENERGY CORPORATION.
(Exact
name of registrant as specified in its charter)
Nevada
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001-32044
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16-1576984
|
(State
or Other Jurisdiction of Incorporation)
|
(Commission
File Number)
|
(I.R.S.
Employer Identification Number)
|
857 Post
Road
Suite
397
Fairfield,
CT 06824
(Address
of principal executive offices) (zip code)
888-880--0994
(Registrant's
telephone number, including area code)
None
(Former
name or former address, if changed since last report)
Copies
to:
Gregory
Sichenzia, Esq.
Sichenzia
Ross Friedman Ference LLP
61
Broadway
New York,
New York 10006
Phone:
(212) 930-9700
Fax:
(212) 930-9725
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 Instructions A.2. below):
o Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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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On
January 25, 2011, Todays Alternative Energy Corporation (the “Company”) issued a
convertible promissory note (the “Note”) in the aggregate principal amount of
$40,000 to a certain investor. The Note matures on the two year
anniversary of the date of issuance (the “Maturity Date”) and accrues interest
at an annual rate of ten percent (10%). The Note is payable in full
on the Maturity Date unless previously converted into shares of the Company’s
common stock at an initial conversion price of $0.0001 per share, as may be
adjusted.
(d)
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Exhibits.
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Exhibit
No.
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Description
|
10.1
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Form
of Convertible Promissory Note
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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.
TODAYS
ALTERNATIVE ENERGY CORPORATION
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(Registrant)
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Date: February
9, 2011
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By:
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/s/
Len
Amato
|
|
Len Amato | |||
Chief
Executive Officer and Chief Financial Officer
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