silv8k_jan232015.htm
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): January 23, 2015
ORBITAL TRACKING CORP.
(Exact name of registrant as specified in its charter)
|
Nevada
|
|
000-25097
|
|
65-0783722
|
|
(State or other jurisdiction
|
|
(Commission File
|
|
(IRS Employer
|
|
of incorporation)
|
|
Number)
|
|
Identification Number)
|
1990 N California Blvd.8th Floor
Walnut Creek, CA 94596
(Address of principal executive offices) (zip code)
(925) 287-6432
Great West Resources, Inc.
(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 (see General Instruction 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))
Item 3.02 Unregistered Sales of Equity Securities.
Orbital Tracking Corp. (the “Company”) settled in full $156,000 owed to certain vendors on January 23, 2015. On such date the Company paid the vendors $35,000 and issued them an aggregate of 1,650,000 shares of its common stock. The Company further agreed that upon the close of its next financing, it would pay the vendors an additional $10,000 cash, issue 850,000 shares of common stock and convert an aggregate of $56,221 into securities on the same terms offered to investors in the financing. The issuance of the securities described in this Item 3.02 was deemed to be exempt from the registration requirements of the Securities Act of 1933 by virtue of Section 4(a)(2) thereof, as a transaction by an issuer not involving a public offering.
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 thereunto duly authorized.
Date: January 29, 2015
| |
ORBITAL TRACKING CORP.
|
|
| |
|
|
|
| |
By:
|
/s/ David Rector
|
|
| |
|
Name: David Rector
|
|
| |
|
Title: Chief Executive Officer
|
|
| |
|
|
|