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Quotes & Info
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| DOMK.OB > SEC Filings for DOMK.OB > Form 8-K on 7-Nov-2008 | All Recent SEC Filings |
7-Nov-2008
Entry into a Material Definitive Agreement, Financial Statements and Ex
On November 6, 2008, we executed an asset purchase agreement between Emerging Growth Advisors, LLC, a Florida limited liability company ("EGA") and Domark (the "Agreement"), whereby pursuant to the terms and conditions of that Agreement, Domark acquired the right, title, and interest of EGA in and to all of the assets of EGA used exclusively in their business in return for one million (1,000,000) shares of Domark common stock. The closing of the transactions in the agreement are contingent upon satisfaction of closing conditions listed in the Agreement, a form of which is attached hereto as Exhibit 10.1. EGA is engaged in the business of marketing, designing and distributing consulting services for small cap public companies and owns certain hardware, software and other assets and intellectual property in connection with their business.
The transfer of the securities above were effected in reliance on the exemptions for sales of securities not involving a public offering, as set forth in Rule 506 promulgated under the Securities Act of 1933, as amended (the "Securities Act") and in Section 4(2) and Section 4(6) of the Securities Act and/or Rule 506 of Regulation D.
(d) Exhibits
10.1 Asset Purchase Agreement by and between Emerging Growth Advisors, LLC, a Florida limited liability company and Domark International, Inc., a Nevada corporation, dated November 6, 2008.
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