UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) off The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 18, 2011
INTERDOM, CORP.
(Exact name of registrant as specified in charter)
Nevada | 333-167084 | 27-2310076 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
219 Redfield Parkway #204, Reno, Nevada | 89509 |
(Address of principal executive offices) | (Zip Code) |
775-345-3521
Registrants 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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
Item 1.01.
Entry into Material Definitive Agreement.
On July 18, 2011, Interdom, Corp. (the Company) entered into a convertible debenture purchase agreement with Unlimited Trade Inc. (the Purchase Agreement) providing for the sale by the company of a $2 million principal amount 5% convertible debenture, due July 18, 2013 (the Debenture). The Purchase Agreement includes customary representations, warranties and covenants. The Debenture will accrue simple interest on the outstanding principal amount from the date funds are advanced until paid in full. The Debenture can be converted, at the holders option, into the Companys common stock at a conversion rate equal to ten percent below the fair market value of the common stock at the time of conversion, as calculated according to the average closing market price of the five business days preceding the conversion date, or if there has been no sales of the Companys stock for five days, the price shall be determined according to the price of the last trade of the Companys stock or, at $1.00 per share or, at a price that is mutually agreed upon by the Company and the holder. The conversion price will be subject to adjustment in certain events, such as distributions of dividends or stock splits.
Item 2.03
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information contained in Item 1.01 above is incorporated herein by reference.
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.
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Date: July 21, 2011 | By: | /s/ Brian Petersen |
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| Brian Petersen, Director |
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