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 6, 2006
INFOTEC BUSINESS SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation)
333-90618
(Commission File Number)
98-0358149
(IRS Employer Identification No.)
230, 1152 Mainland Street, Vancouver, BC V6B 2X4
(Address of principal executive offices and Zip Code)
Registrant's telephone number, including area code (604) 484-4966
N/A
(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:
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
We entered into consulting agreements with two consultants, wherein we have agreed to issue to each consultant 1,550,000 shares of our common stock. The agreement commenced and has an effective date of November 6, 2006 and terminates May 6, 2007. The consulting agreements with the consultants are attached as Exhibits 10.1 and 10.2 to this Form 8-K.
Item 3.02. Unregistered Sales of Equity Securities
On November 6, 2006, we issued 3,100,000 shares of our company to two consultants pursuant to consulting agreements dated November 6, 2006. We issued the shares to two non-U.S. persons (as that term is defined in
CW915139.1
2
Regulation S of the Securities Act of 1933), in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.
Item 9.01 Financial Statements and Exhibits.
Exhibit | Description |
10.1 | Consulting Agreement with Peter Lindhout dated November 6, 2006 |
10.2 | Consulting Agreement with Paul Marek dated November 6, 2006 |
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.
INFOTEC BUSINESS SYSTEMS, INC.
/s/ Arthur Griffiths
Arthur Griffiths
President, CEO and director
Date: November 14, 2006
CW915139.1
