SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 15, 2017
(Exact name of registrant as specified in its charter)
or other jurisdiction of
1940 Contra Costa Blvd.
Pleasant Hill, CA
|(Address of principal executive offices)||(Zip Code)|
Registrant’s telephone number, including area code: 925-777-2111
(Former name or 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:
|[ ]||Written communications pursuant to Rule 425 under the Securities Act (17CFR 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))|
SECTION 8 – OTHER EVENTS
Item 8.01 Other Events
On February 15, 2017, an unrelated third party (the “Purchaser”) acquired two outstanding convertible notes from the original lenders. The convertible notes include a convertible promissory note issued on September 22, 2015 in the principal amount of $15,000 and another convertible promissory note issued on November 5, 2015 in the principal amount of $30,500 (the “Notes”). The Notes were convertible at a variable conversion price of 50% of the lowest day market price of our common stock.
We and the Purchaser have agreed to revise the variable conversion price in favor of a fixed $0.0001 per share conversion price.
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.
Textmunication Holdings, Inc.
|/s/ Wais Asefi|
Chief Executive Officer
|Date: February 24, 2017|