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EX-10.1 - EXHIBIT 10.1 PROMISSORY NOTE - Willow Creek Enterprises Inc.f8k032612_ex10z1.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): March 22, 2012


WILLOW CREEK ENTERPRISES, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

000-52970

27-3231761

(State or other jurisdiction

(Commission File Number)

(IRS Employer

of Incorporation)

 

Identification Number)

 

 

 

 

7251 W. Lake Mead Blvd., Suite 300 Las Vegas, Nevada 89128

 

 

(Address of principal executive offices)

 

 


(310) 600-8757

 

 

(Registrant’s Telephone Number)

 

 


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))





Willow Creek Enterprises, Inc.

Form 8-K

Current Report


ITEM 1.01      

ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT


 On March 22, 2012, Willow Creek Enterprises, Inc., a Delaware corporation (the "Company") issued a ten percent (10%) Promissory Note (the “Note”) to Duke Holdings Ltd. (“Duke”) in the amount of eighty thousand US dollars ($80,000), to evidence funds lent by Duke to the Company on March 15, 2012.  The Note earns simple interest accruing at ten percent (10%) per annum and is due upon ten (10) days written notice by Duke.


The above description of the Note is intended as a summary only and is qualified in its entirety by the terms and conditions set forth therein, and may not contain all information that is of interest to the reader. For further information regarding the terms and conditions of the Note, this reference is made to the Note, which is filed hereto as Exhibit 10.1 and is incorporated herein by this reference.


ITEM 2.03

CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT

 

The information set forth above in Item 1.01 of this Current Report on Form 8-K is incorporated herein by this reference.


ITEM 9.01       

FINANCIAL STATEMENTS AND EXHIBITS

 

(d)

Exhibits

 

Exhibit No.

Description of Exhibit

 

10.1

Promissory Note to Duke Holdings Ltd. Dated March 22, 2012.

 


SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


Date:   March ­26, 2012

Willow Creek Enterprises, Inc.



By:   /s/ Terry Fields                                 

Name: Terry Fields

Title:   President and Chief Executive Officer



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