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): | June 15, 2005 |
CDKNET.COM, INC.
(Exact name of registrant as specified in its charter)
Delaware | 0-27587 | 22-3586087 |
(State of Incorporation) | (Commission File Number) | (IRS Employer |
| | Identification No.) |
948 US Highway 22 |
North Plainfield, NJ 07060 |
(Address of Principal Executive Offices) |
(908) 769-3232 |
(Registrant’s telephone number, including area code) |
N/A |
(former name or former address, 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:
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 240.24d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.23e-4(c)) |
ITEM 2.03 | CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT |
Beginning on June 10, 2005 and ending June 15, 2005, we borrowed an aggregate of $200,000 from two lenders that are not affiliates of CDKnet.com, Inc. The unsecured loans are due with interest at the annual rate of 14% on July 10, 2005. We plan to repay the loans from future longer term or equity financing, but we cannot assure you that we will be able to do so. The due date of the loans may be accelerated in the event of standard default provisions including payment default, bankruptcy, sale of assets, mergers, and repayment of debt due to our affiliates out of the ordinary cause of business.
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.
CDKNET.COM, INC. |
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BY: /s/ Oleg Logvinov |
Oleg Logvinov, CEO |
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Date: June 21, 2005 |