As filed with the Securities and Exchange Commission on December 22, 2009
Reg. No. 333-_______
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
DEVELOCAP, INC.
(Exact name of registrant as specified in its charter)
Nevada | 26-3030202 |
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer identification No.) |
Develocap, Inc. 2009 Incentive Stock Plan
(full title of plan)
Khuong Viet St.
Phu Trung Ward
Ho Chih Minh City
Vietnam
(Address of principal executive offices)
Haley Manchester
Phu Trung Ward
Ho Chih Minh City
Vietnam
(Name and address of agent for service)
00 84 839 753 070
(Telephone number, including area code, of agent for service)
Copies to:
Richard A. Friedman, Esq.
Sichenzia Ross Friedman Ference LLP
61 Broadway, 32nd Fl.
New York, NY 10006
(212) 930-9700
(212) 930-9725 (fax)
CALCULATION OF REGISTRATION FEE
Title of each class of securities to be registered | Amount to be Registered(1) |
|
| Proposed Maximum Offering Price Per Security |
| Proposed Maximum Aggregate Offering Price |
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| Amount of Registration Fee |
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Common Stock, $0.001 par value |
| 5,600,000 |
| (2) |
| $ | 0.438 | (3) |
| $ | 2,452,800 |
|
| $ | 136.87 |
|
|
Total |
| 5,600,000 |
|
|
|
| 0.438 |
|
| $ | 2,452,800 |
|
| $ | 136.87 |
|
|
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EXPLANATORY NOTE
This Registration statement is being filed in accordance with the requirements of Form S-8 in order to register 5,600,000 shares of Common Stock issuable under the Develocap, Inc. 2009 Incentive Stock Plan.
Part I
Item 1. Plan Information.
The documents containing the information specified in Item 1 will be sent or given to participants in the Develocap, Inc. (the “Company”) 2009 Incentive Stock Plan (the “Plan”) as specified by Rule 428(b)(1) of the Securities Act of 1933, as amended (the "Securities Act"). Such documents are not required to be and are not filed with the Securities and Exchange Commission (the "SEC") either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424. These documents and the documents incorporated by reference in this Registration Statement pursuant to Item 3 of Part II of this Form S-8, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.
Item 2. Registrant Information and Employee Plan Annual Information.
We will provide to each Recipient a written statement advising it of the availability of documents incorporated by reference in Item 3 of Part II of this Registration Statement and of documents required to be delivered pursuant to Rule 428(b) under the Securities Act without charge and upon written or oral notice by contacting:
Haley Manchester
Phu Trung Ward
Ho Chih Minh City
Vietnam
Telephone number: 00 84 839 753 070
Part II
INFORMATION NOT REQUIRED IN PROSPECTUS
Item 3. Incorporation of Documents by Reference.
The Registrant hereby incorporates by reference into this Registration Statement the documents listed below. In addition, all documents subsequently filed pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934 (the "Exchange Act"), prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing of such documents:
The following documents filed with the SEC are incorporated herein by reference:
·
Reference is made to the Registrant’s Current Report on Form 8-K, filed with the SEC on August 6, 2009, which is hereby incorporated by reference.
·
Reference is made to the Registrant’s quarterly report on Form 10-Q for the quarter ended July 31, 2009 as filed with the SEC on September 14, 2009;
·
Reference is made to the Registrant’s quarterly report on Form 10-Q for the quarter ended September 30, 2009 as filed with the SEC on November 23, 2009;
·
Reference is made to the Registrant’s Current Report on Form 8-K, filed with the SEC on October 1, 2009, which is hereby incorporated by reference.
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Item 4. Description of Securities.
Not applicable.
Item 5. Interests of Named Experts and Counsel.
Not applicable.
Item 6. Indemnification of Directors and Officers.
The Company’s Articles of Incorporation provide that the Company shall indemnify directors and officers to the fullest extent permitted by the laws of the state of Nevada as set forth in Nevada Revised Statutes (NRS) Chapter 78. The Company’s Articles of Incorporation also provide that a director of the Company shall not be liable to the corporation or its stockholders for monetary damages for breach of fiduciary duty as a director, except to the extent the exemption from liability or limitation thereof is not permitted under Nevada Law as the law exists or may be amended in the future.
Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers or persons controlling us pursuant to the foregoing provisions, or otherwise, the Company has been advised that in the opinion of the Securities and Exchange Commission, such indemnification is against public policy as expressed in the Securities Act of 1933 and is, therefore, unenforceable.
Item 7. Exemption from Registration Claimed.
Item 8. Exhibits.
EXHIBIT NUMBER |
| EXHIBIT |
|
|
|
5.1 |
| Opinion of Sichenzia Ross Friedman Ference LLP. |
23.1 |
| Consent of Sichenzia Ross Friedman Ference LLP (included in Exhibit 5.1) |
23.2 |
| Consent of ZYCPA Company Limited |
99.1 |
| Develocap, Inc. 2009 Incentive Stock Plan |
Item 9. Undertakings.
The Company hereby undertakes:
(a)
(1)
To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:
(i)
To include any prospectus required by Section 10(a)(3) of the Securities Act.
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(ii)
To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Securities and Exchange Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20 percent change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective Registration Statement.
(iii)
To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement; provided, however, that (A) paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if the Registration Statement is on Form S–8 (§239.16b of Regulation S-K), and the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Securities and Exchange Commission by the Company pursuant to section 13 or section 15(d) of the Exchange Act (15 U.S.C. 78m or 78o(d)) that are incorporated by reference in the Registration Statement; and (B) paragraphs (a)(1)(i), (a)(1)(ii) and (a)(1)(iii) do not apply if the Registration Statement is on Form S-3 or Form F-3, and the information required to be included in a post-effective amendment by those paragraphs i s contained in reports filed with or furnished to the Securities and Exchange Commission by the Company pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in the Registration Statement, or is contained in a form of prospectus filed pursuant to Rule 424(b) that is part of the Registration Statement; provided further, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the Registration Statement is for an offering of asset-backed securities on Form S-1 or Form S-3, and the information required to be included in a post-effective amendment is provided pursuant to Item 1100(c) of Regulation AB.
(2)
That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(3)
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
(4)
That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser:
(A)
Each prospectus filed by a Registrant pursuant to Rule 424(b)(3) shall be deemed to be part of the registration statement as of the date the filed prospectus was deemed part of and included in the registration statement; and
(B)
Each prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5) or (b)(7) as part of a registration statement in reliance on Rule 430B relating to an offering made pursuant to Rule 415(a)(1)(i), (vii) or (x) for the purpose of providing the information required by Section 10(a) of the Securities Act of 1933 shall be deemed to be part of and included in the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the date of the first contract of sale of securities in the offering described in the prospectus. As provided in Rule 430B, for liability purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a new effective date of the registration statement relating to the securities in the registration statement to which the prospectus relates, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such effective date, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such effective date.
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(b)
The Company hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Company’s annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by reference in this Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(c)
Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Company pursuant to the foregoing provisions, or otherwise, the Company has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act, and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Company of expenses incurred or paid by a director, officer or controlling person of the Company in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Company will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such i ndemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Ho Chih Minh City, Vietnam, on December 22, 2009:
| DEVELOCAP, INC. | |
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| By: | /s/ Haley Manchester |
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| Haley Manchester |
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| Chief Executive Officer and Director |
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Haley Manchester as his true and lawful attorney-in-fact with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any and all amendments, including post-effective amendments to this Registration Statement, and to file the same, with exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that said attorney-in-fact or their substitutes may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the date indicated.
By:/s/ Haley Manchester |
| December 22, 2009 |
Haley Manchester Chief Executive Officer and Director(principal executive officer) |
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By:/s/ Nguyen Van Thong |
| December 22, 2009 |
Nguyen Van Thong Chief Financial Officer and Director(principal financial and accounting officer) |
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By: /s/ Nguyen Quoc Khanh |
| December 22, 2009 |
Nguyen Quoc Khanh Chairman and President |
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By: /s/ Nguyen Thuy The Ha |
| December 22, 2009 |
Nguyen Thuy The Ha Director |
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EXHIBIT INDEX
EXHIBIT NUMBER |
| EXHIBIT |
|
|
|
5.1 |
| Opinion of Sichenzia Ross Friedman Ference LLP. |
23.1 |
| Consent of Sichenzia Ross Friedman Ference LLP (included in Exhibit 5.1) |
23.2 |
| Consent of ZYCPA Company Limited |
99.1 |
| Develocap, Inc. 2009 Incentive Stock Plan |
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