Current Report Filing (8-k)
May 31 2013 - 12:43PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________
FORM 8-K
___________
CURRENT REPORT
Pursuant To Section
13 OR 15(d) Of TheSecurities Exchange Act of 1934
Date of Report (Date of earliest event reported):
May 31, 2013
INFRAX SYSTEMS, INC.
(Exact name of registrant as specified in charter)
Nevada |
000-52488 |
20-2583185 |
(State or other jurisdiction of
incorporation or organization) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
|
|
|
Infrax Systems, Inc.
3637 Fourth Street North.
Suite 330
St. Petersburg, Florida |
|
33704 |
(Address of principal executive offices) |
|
(Zip Code) |
727-498-8514
(Registrant’s
telephone number, including area code)
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:
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)) |
FORWARD LOOKING STATEMENTS
This Form 8-K and other reports filed by Registrant from time to
time with the Securities and Exchange Commission (collectively the "Filings") contain or may contain forward looking
statements and information that are based upon beliefs of, and information currently available to, Registrant's management as well
as estimates and assumptions made by Registrant's management. When used in the filings the words "anticipate", "believe",
"estimate", "expect", "future", "intend", "plan" or the negative of these terms
and similar expressions as they relate to Registrant or Registrant's management identify forward looking statements. Such statements
reflect the current view of Registrant with respect to future events and are subject to risks, uncertainties, assumptions and other
factors relating to Registrant's industry, Registrant's operations and results of operations and any businesses that may be acquired
by Registrant. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect,
actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.
Although Registrant believes that the expectations reflected in
the forward looking statements are reasonable, Registrant cannot guarantee future results, levels of activity, performance or achievements.
Except as required by applicable law, including the securities laws of the United States, Registrant does not intend to update
any of the forward-looking statements to conform these statements to actual results.
Item 8.01. Other Events
Infrax Systems, Inc., a global provider of unified Smart Grid-related
products and services for the Energy and Utility industries, announced today the following;
Due to important upcoming events, the management and a majority
investor of the Company have converted majority of their salaries, notes and loans to the Company into Convertible Preferred Stock.
This move by the management and the investor will dramatically improve the financial health of the company, specially its balance
sheet. It also conveys management and the investor’s confidence in the future of the Company, based on the current exciting
developments. The total amount converted into Preferred Stock is $1,654,000.
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.
Infrax Systems, Inc.
/s/ Sam Talari
Sam Talari
Principal Executive Officer
Dated: May 31, 2013
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