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 22, 2018
Textmunication Holdings Inc.
(Exact name of registrant as specified in its charter)
or other jurisdiction
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 1 – REGISTRANT’S BUSINESS AND OPERATIONS
Item 1.01 Entry into a Material Definitive Agreement
On February 22, 2018, Textmunication Holdings, Inc. (“Company”) and GS Capital Partners, LLC (“Holder”) reached a Note Settlement Agreement in respect to a $115,000 convertible note issued by the Company to the Holder on May 15, 2017 (the “Note”). The parties have agreed to let the Company retire the note by making 5 payments over a five-month period.
The first payment of $25,000 is due March 15, 2018 followed by four payments of $5,000 each starting May 1, 2018 through August 1, 2018. The Note will be retired in full after all payments are satisfactorily made.
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.
|/s/ Wais Asefi|
|Chief Executive Officer|
|Date: February 22, 2018|