Current Report Filing (8-k)
04 April 2018 - 8:04PM
Edgar (US Regulatory)
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 10,
2018
EVOLUTION BLOCKCHAIN GROUP
INC.
(Exact name of registrant as specified in its charter)
Nevada
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333-196921
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36-4852858
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(State or other jurisdiction of
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(Commission File Number)
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(IRS Employer
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incorporation)
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Identification No.)
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1853 King Beach Avenue, Las Vegas, Nevada
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89123-4300
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(Address of principal executive offices)
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(Zip Code)
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Registrants telephone number, including area code
360-739-7960
______________________________________________________
(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))
Item
1.01
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Entry into a Material
Definitive Agreement
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Item
2.01
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Completion Of Acquisition Or
Disposition Of Assets
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Item
3.02
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Unregistered Sales of Equity
Securities
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Effective March 10, 2018, we executed asset purchase agreement
with Stockbridge Inc. to acquire certain intellectual property assets of
Stockbridge. The consideration for the purchase was an aggregate of 10,000,000
restricted common shares of our company.
The assets acquired consist of: the domain name: Drive-coin.com
and website:
drive-coin.com
, and related
technology that is a peer-to-peer blockchain based framework, specifically the
intellectual property of TSRAI Group a platform that, when finalized, is
tailored to the automotive industry, among other things, which enables consumers
to search, research, finance, buy and sell automobiles in a secure,
decentralized manner. Drivecoin, when completed, will be a framework that allows
customers to inventory and register cars & parts, track transactions and
shipments, and review and return products.
The entire system will be built upon the idea of peer-to-peer
blockchain technology. All parties will be fully protected by the mutual confirmation nature of the
blockchain transaction. This will consist of: verified user accounts; controlled
supply coin built on smart contracts; ability to finance purchases; peer-to-peer
inventory system and escrow, review and return system.
2
On March 22, 2018, we issued an aggregate of 10,000,000
unregistered common shares of our company to close the transaction with
Stockbridge. We issued the securities collectively to two (2) non-US persons and
one US person (as that term is defined in Regulation S of the Securities Act of
1933), either in an offshore transaction relying on Regulation S, or pursuant to
section 4(a)(2) of the Securities Act of 1933, as amended.
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.
EVOLUTION BLOCKCHAIN GROUP INC.
/s/Lawrence
Stephenson
|
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Lawrence Stephenson
|
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President, Chief Executive Officer, Secretary, Treasurer
and
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Director
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|
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Date: April 4, 2018
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