UNITED STATES
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): November 30, 2004
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CENTERGISTIC SOLUTIONS, INC. |
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(Exact name of registrant as specified in its charter) |
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California |
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333-111378 |
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95-2873122 |
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(State of other jurisdiction of incorporation) |
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(Commission File Number) |
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(IRS EmployerIdentification No.) |
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2045 West Orangewood Avenue |
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Orange, CA 92868-1944 |
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(Address of principal executive office) |
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(714) 935-9000 |
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(Registrant’s telephone number, including area code) |
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(Former name, former address and former fiscal year, if changed since last report) |
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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):
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 a Material Definitive Agreement
On November 30, 2004, the Company entered into a line of credit agreement with Venture Communications Corporation, a shareholder and related party. The terms of the agreement call for a maximum advance of $300,000 secured by a lien on all the assets of the Company. Interest on the advances are payable monthly at 10% per annum. Advances and unpaid interest on the line are due on July 1, 2005. Advances on the line are personally guaranteed in equal amounts by the President/CEO and the Vice President/COO/CFO of the Company.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
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Exhibit No. |
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Description |
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1.1 |
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Obligatory Advance Promissory Note-Secured dated November 30, 2004 issued to Venture Communications Corporation. |
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1.2 |
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Guaranty of Ricardo G. Brutocao dated November 30, 2004 in favor of Venture Communications Corporation. |
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1.3 |
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Guaranty of David M. Cunningham dated November 30, 2004 in favor of Venture Communications Corporation. |
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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CENTERGISTIC SOLUTIONS, INC. |
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Date: December 1, 2004 |
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By: |
/s/ David M. Cunningham |
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David M. Cunningham, |
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Chief Financial Officer |
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EXHIBIT INDEX
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Exhibit No. |
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Description |
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1.1 |
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Obligatory Advance Promissory Note-Secured dated November 30, 2004 issued to Venture Communications Corporation. |
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1.2 |
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Guaranty of Ricardo G. Brutocao dated November 30, 2004 in favor of Venture Communications Corporation. |
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1.3 |
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Guaranty of David M. Cunningham dated November 30, 2004 in favor of Venture Communications Corporation. |