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RSDV.OB > SEC Filings for RSDV.OB > Form 8-K on 15-Oct-2008All Recent SEC Filings

Show all filings for RANCHO SANTA MONICA DEVELOPMENTS INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for RANCHO SANTA MONICA DEVELOPMENTS INC.


15-Oct-2008

Termination of a Material Definitive Agreement, Financial S


Item 1.02 Termination of a Material Definitive Agreement.

On October 15th, 2008, the Company terminated its agreement of Contract of Purchase and Sale with L'Ena Enterprises Ltd. to purchase certain lands for $5,500,000 Canadian Dollars with civic address of 620 and 622 Seymour Street, Vancouver, British Columbia, Canada (the "Property"). The Company passed a resolution that it would not continue to pursue a development on the Property as a result of the City of Vancouver concluding that a Hotel Development would not be supported on the site. The Company will lose its $50,000 deposit to L'Ena Enterprises Ltd.



ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(a) Financial statements of business acquired:
Not applicable.

(b) Pro Forma financial information:
Not applicable.

(c) Exhibits

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