- Current report filing (8-K)
30 March 2012 - 4:25AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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 29, 2012
INFRAX SYSTEMS, INC.
(Exact name of registrant as specified in charter)
Nevada
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000-52488
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20-2583185
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(State or other jurisdiction of
incorporation or organization)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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6365 53rd Street North
Pinellas Park, FL 33781
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33781
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(Address of principal executive offices)
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(Zip Code)
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727-498-8514
(Registrant’s telephone number,
including area code)
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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o
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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o
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01. Other Events
On January 12, 2012, Infrax Systems on behalf of Lockwood
Technology, its subsidiary, filed a lawsuit in The Sixth Judicial Circuit Court in Pinellas County Florida, against Lockwood
Worldwide Incorporated, Brad Vinecombe, Cheryl S. Reed , Bruno Riegland Adam Vinecombe for fraud, Intellectual Property
Theft, fraudulent diversion of contracts, theft of trade secrets, trade mark infringement, violation of employment agreements
including non-compete provisions, and theft of corporate opportunities.
On March 5
th
, 2012, the state case was moved to the United
States District Court, Middle District of Florida and is now under Federal jurisdiction.
The Company believes that the actions by the defendants have
caused millions of dollars in lost revenue, as well as significant intangible losses, amounting to 10s of millions
of dollars, which includes negative impact to the Company’s public share price and its market cap. Through this
litigation, Infrax and Lockwood Technology have petitioned for immediate injunction relief, immediate cessation, and
equitable monetary relief from the defendants.
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.
Infrax Systems, Inc.
/s/ Sam Talari
Sam Talari
Principal Executive Officer
Dated: March 29, 2012
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