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): September 17, 2014
 
MONDIAL VENTURES, INC.
(Exact name of registrant as specified in its charter)
 
Nevada
(State or other jurisdiction of incorporation or organization)

000-51033
(Commission File Number)
27-4481914
(IRS Employer Identification No.)
   
6564 Smoke Tree Lane Scottsdale, Arizona
 (principal executive offices)
85253
(Zip Code)
 
(480) 948-6581
(Registrant’s telephone number, including area code)

(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:
 
o
Written communications pursuant to Rule 425 under the Securities Act
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
 
  
 
 




 
 
 


 
Item 3.02.  Unregistered Sales of Equity Securities
 
During the period commencing September 17, 2014 through September 22, 2014, the Company issued 142,928,571 common shares to reduce debt on convertible promissory notes by the amount of $6,575 and 90,000,000 common shares to reduce debt on accounts payable balances by the amount of $5,400. The issued and outstanding common shares of the Company at the beginning of the period commencing September 17, 2014, as adjusted, was approximately 1,361,500,040, and for the period ending September 22, 2014 the issued and outstanding common shares of the Company was approximately 1,594,428,611.

The Company claims an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Act”) for the private placement of these securities pursuant to Section 4(2) of the Act and/or Rule 506 of Regulation D promulgated thereunder since, among other things, the transaction does not involve a public offering, the Investor is an “accredited investor” and/or qualified institutional buyer, the Investor has access to information about the Company and its investment, the Investor will take the securities for investment and not resale, and the Company is taking appropriate measures to restrict the transfer of the securities.


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: September 23, 2014
 
 
MONDIAL VENTURES, INC.
  
       
 
By:
/s/ Dennis R. Alexander
  
   
Dennis R. Alexander, Chief Executive Officer
  


 
 
 




 
 
Mondial Ventures (CE) (USOTC:MNVN)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Mondial Ventures (CE) Charts.
Mondial Ventures (CE) (USOTC:MNVN)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Mondial Ventures (CE) Charts.