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: August 24, 2007
MEDINA INTERNATIONAL HOLDINGS, INC.
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(Exact name of registrant as specified in its charter)
Commission File Number 000-27211
COLORADO 000-27211 84-1469319
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.
incorporation) pre-merger)
10088 6th Street, Suite G, Rancho Cucamonga, CA 91730
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (303) 741-5785
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
(17 CFR240.14d-2(b))
[_] Soliciting material pursuant to Rule 14a-12 under Exchange Act
(17 CFR240.14a-12)
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR240.14d-2(b))
[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR240.13e-4(c))
Section 1 - Registrant's Business and Operations
Item 1.01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement
Medina International Holdings, Inc. (the "Company") has entered into an
agreement with Kelly Space and Technology, Inc., a California Corporation, to
be the company's exclusive distributor of the watercraft sales to for the United
States Department of Defense if any such sales can be achieved, on August 22,
2007. The Agreement also provides Kelly Space and Technology, Inc. with a
non-exclusive distributorship for other customers, not limiting to the
boundaries of the United States.
The agreement between the company and Kelly Space and Technology, Inc. will be
effective for a period of five (5) years from the date of the signed agreement
with an option for Kelly Space and Technology, Inc. to renew agreement for an
additional five (5) year period.
Section 9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
Exhibit 10.1 License Agreement
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: August 25, 2007 MEDINA INTERNATIONAL HOLDINGS, INC.
By: /s/ Madhava Rao Mankal
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Madhava Rao Mankal, CFO