Attached files

file filename
EX-99 - EXHIBIT 99.1 - LivingVentures, Inc.ggi061512_99z1.htm
EX-10 - EXHIBIT 10.1 - LivingVentures, Inc.ggi061512_10z1.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): June 15, 2012

___________________


GREEN GLOBAL INVESTMENTS, INC.

(Exact name of registrant as specified in Charter)


Florida

000-52918

65-0968842

(State or other jurisdiction of
incorporation or organization)

(Commission File No.)

(IRS Employee Identification No.)


2200 Lucien Way

Suite 350, Maitland FL 32751

(Address of Principal Executive Offices)



(Issuer 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 (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 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))


 



1



Statements included in this Current Report filed on Form 8-K (“Form 8-K”) that do not relate to present or historical conditions are “forward-looking statements.” Forward-looking statements may include, without limitation, statements relating to our plans, strategies, objectives, expectations and intentions and are intended to be made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as “believes,” “forecasts,” “intends,” “possible,” “estimates,” “anticipates,” and “plans” and similar expressions are intended to identify forward-looking statements. Our ability to predict projected results or the effect of events on our operating results is inherently uncertain. Forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those discussed in this document. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by which, such performance or results will be achieved. Forward-looking information is based on information available at the time and/or management’s good faith belief with respect to future events, and is subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Important factors that could cause actual performance or results to differ materially from those expressed in or implied by, forward-looking statements include, but are not limited to: (i) our ability to consummate the asset purchase transaction described in this Form 8-K, and (ii) other factors described under “Risk Factors” contained in our 2012 Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.


Item 1.01

Entry into a Material Definitive Agreement.


On June 15, 2012, Green Global Investments, Inc., a Florida corporation (the “Company”), entered into a Sale of Assets Agreement (the “Agreement”) with Power Pacific Holdings Limited, a British Virgin Islands corporation  (the “Buyer”) whereby the Buyer purchased, and the Company sold, one hundred percent (100%) of the capital stock owned by the Company (the “Stock) in China Clean & Renewable Energy Limited (CCRE), a corporation formed under the laws of Hong Kong. The Sale of Asset Agreement to the Buyer was unanimously approved by the Company’s Board of Directors.   A copy of the Agreement is attached hereto as Exhibit 10.1


The foregoing descriptions of the Agreement is only a summary, does not purport to be complete and is qualified in its entirety by reference to the copy of the Agreements filed herewith as Exhibit 10.1 which is incorporated herein by reference.


Item 9.01

Financial Statements and Exhibits


(d)

Exhibit


Exhibit
Number    

Description


10.1

Sale of Assets Agreement dated June 15, 2012 by and between Green Global Investments, Inc. and Power Pacific Holdings Limited with corresponding Consolidated Balance Sheet


99.1

Accountant’s Valuation Report - Chan Man Fai, Certified Public Accountant



2




SIGNATURES

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

 

 

GREEN GLOBAL INVESTMENTS, INC.

 

 

 

 

By:

/s/ Richard A. Asta

 

Richard A. Asta

 

Chief Executive Officer

Dated: June 19, 2012




3