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): June 16, 2015
DIVERSIFIED RESOURCES, INC.
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(Exact name of registrant as specified in its charter)
Nevada None 98-0687026
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(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification No.)
1789 W. Littleton Blvd.
Littleton, CO 80120
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(Address of principal executive offices, including Zip Code)
Registrant's telephone number, including area code: (303) 797-5417
N/A
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(Former name or former address if changed since last report)
Check 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-14(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 3.02. Unregistered Sales of Equity Securities
On June 16, 2015 the Company's directors approved the sale of a convertible
note in the principal amount of $200,000 to one accredited investor. The note
bears interest at 12% per year and matures on June 16, 2017. The purchaser of
the note also received a warrant which allow for the purchase of up to 40,000
shares of the Company's common stock. The warrant has an exercise price of $0.80
per share and expires on June 16, 2017.
With the exception of the maturity date of the note and the expiration date
of the warrant, the terms of the note and warrant are the same as those attached
as Exhibits 10.8 and 10.9 to the Company's 8-K report filed on June 4, 2015.
The Company relied upon the exemption provided by Section 4(a)(2) of the
Securities Act of 1933 in connection with the sale of these securities. The
person who acquired these securities was a sophisticated investor and was
provided full information regarding the Company's business and operations. There
was no general solicitation in connection with the offer or sale of these
securities. The person who acquired these securities acquired them for his own
account. The certificates representing these securities will bear a restricted
legend providing that they cannot be sold except pursuant to an effective
registration statement or an exemption from registration. No commission was paid
to any person in connection with the sale of these securities.
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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.
Date: June 16, 2015
DIVERSIFIED RESOURCES, INC.
By:/s/ Paul Laird
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Paul Laird, Chief Executive Officer
