- Current report filing (8-K)
05 2월 2009 - 1:03AM
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): February 4, 2009 (October 3,
2008)
(Exact
name of registrant as specified in its charter)
Delaware
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0-26140
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51-0352879
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(State
or other jurisdiction of incorporation)
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(Commission
File Number)
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(I.R.S.
Employer Identification No.)
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200
Chisholm Place, Suite 120, Plano, Texas 75075
(Address
of principal executive offices)
(Registrant's
telephone number)
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 (see General Instructions A.2 below):
[ ]
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))
This
Current Report on Form 8-K and other reports filed by the Registrant from time
to time with the Securities and Exchange Commission (collectively the “Filings”)
contain forward looking statements and information that are based upon beliefs
of, and information currently available to, the Registrant’s management, as well
as estimates and assumptions made by the Registrant’s management. When used in
the Filings the words “anticipate”, “believe”, “estimate”, “expect”, “future”,
“intend”, “plan” or the negative of these terms and similar expressions as they
relate to the Registrant or the Registrant’s management identify forward looking
statements. Such statements reflect the current view of the Registrant with
respect to future events and are subject to risks, uncertainties, assumptions
and other factors relating to the Registrant’s industry, operations and results
of operations and any businesses that may be acquired by the Registrant. Should
one or more of these risks or uncertainties materialize, or should the
underlying assumptions prove incorrect, actual results may differ significantly
from those anticipated, believed, estimated, expected, intended or
planned.
Item8.01. Other
Events
In the
fourth quarter of 2008, we made payments to certain holders of our secured
convertible notes of amounts due under the notes by issuing shares of our common
stock in accordance with the terms of the notes. These payments were
in the form of 69,701,281 shares of our common stock in satisfaction of
$69,881 of obligations due under the notes. These represent
issuance prices ranging from $0.000267 to $0.00616 per share (for the Series A
Notes) and $0.000396 to $0.00477 per share (for the Series B
Notes).
On
December 23, 2008, Bounce Mobile Systems, Inc. converted 225 shares of Series C
Preferred Stock into 603,560,689 shares of our common stock in accordance with
the terms of the Series C Preferred Stock.
In
January 2009, we made payments to certain holders of our secured
convertible notes of amounts due under the notes by issuing shares of our common
stock in accordance with the terms of the notes. These payments were
in the form of 1,896,365,070 shares of our common stock in satisfaction of
$540,884 of obligations due under the notes. These represent issuance
prices ranging from $0.0001 to $0.000587 per share (for the Series A Notes) and
$0.000219 to $0.000477 per share (for the Series B Notes).
As a
result of the foregoing payments, one of our Series A note holders, who had
previously issued a notice of default to us, has been repaid in
full.
As of
January 31, 2009, there were 2,574,223,572 shares of our common stock
outstanding.
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:
February 4, 2009
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REMOTE
DYNAMICS, INC.
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By:
/s/ Gary
Hallgren
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Name:
Gary Hallgren
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Title:
Chief Executive Officer
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Remote Dynamics (CE) (USOTC:RMTD)
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