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EX-99 - REAC GROUP, INC.ex99_pressrelease_hemp041317.htm

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): March 31, 2017



 

REAC GROUP, INC.

(Exact name of registrant as specified in its charter)

 

 

 

 

 

 

Florida

 

000-54845

 

59-3800845

(state or other jurisdiction of incorporation)

 

(Commission File Number)

 

(IRS Employer Identification Number)

 

 

 

 

 

 

8878 Covenant Avenue, Suite 209

Pittsburgh, PA

 


15237

(address of principal executive offices)

 

(zip code)

 

 

(724) 656-8886

(registrant’s telephone number, including area code)

 

 

 

(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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Section 8 – Other Events


Item 8.01 Other Events


On February 9, 2017, we filed a Report on Form 8-K reporting the signing of a non-binding Letter of Intent (“LOI”) for the sale of our Southern Hemp Company brand to Hemp Inc., a Nevada corporation (OTC PINK:HEMP).  On March 31, 2017, and pursuant to its terms, the LOI expired with no definitive or ancillary agreements being executed.  Also, a press release confirming the expiration of the LOI was issued this day, April 13, 2017, and is included as Exhibit 99.  


Although the above information is not required to be disclosed, we elected to file this report in the interest of full disclosure.


 

Section 9—Financial Statements and Exhibits.


Item 9.01. Financial Statements and Exhibits.


a.

None

b.

Exhibits


 

 

NUMBER

EXHIBIT

99.1

PRESS RELEASE: REAC (OTC PINK:REAC) Expiration of Letter of Intent with HEMP, Inc. (OTC PINK:HEMP)



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.


 

 

 

REAC GROUP, INC.

 

 

 

 

April 13, 2017

/s/ Robert DeAngelis

 

Robert DeAngelis

 

Chief Executive Officer







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