UNITED STATES |
Washington, D.C. 20549
FORM 8-K
CURRENT REPORTPURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934 |
Date of Report (Date of earliest event reported):January 3, 2008 |
Commission File Number:333 - 118398 |
SOUND REVOLUTION INC. (Exact Name of Registrant as Specified in Charter) |
Delaware |
1187 Brimley Road, Toronto, Ontario, Canada M1P 3G5
(Address of principal executive offices)
(416) 271.9695 Issuer’s telephone number |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filingobligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12) |
¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
¨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 January 3, 2008, Sound Revolution Inc., through its wholly-owned subsidiary Charity Tunes Inc. (“Charity Tunes”), entered into an Agency and Promotion Agreement (the “Agreement”) with World Wildlife Fund Canada (“WWF-Canada”) to raise money and awareness of WWF-Canada’s cause through the participation in promotional programs with Charity Tunes.
The initial term of the Agreement is for one year. Thereafter, the term shall extend from year to year unless one party gives the other party notice of termination no later than 30 days prior to the end of the term.
The Agreement provides that the parties may work together on promotional campaigns designed to increase visits and sales at the Charity Tunes website (www.charitytunes.com) and to raise money and awareness for WWF-Canada.
Charity Tunes will collect an amount equal to a minimum of 10% of the purchase price of a song or other digital content or products sold on its website for which purchasers select WWF-Canada as the recipient of the donation. Donations collected will be forwarded to WWF-Canada every calendar quarter if donations owed by Charity Tunes are at least $100. In the event that not more than $100 is owed, the amount will carry over until the next calendar quarter until the amount of donations collected exceeds $100. In any event, Charity Tunes will pay WWF-Canada any amounts collected for them at least yearly.
Item 9.01 Financial Statements and Exhibits
(c) | Exhibits. The following exhibit is included as part of this report: | |
10.1 | Agency and Promotional Agreement between Charity Tunes Inc. and WWF-Canada dated January 3, 2008. | |
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.
Date: January 7, 2008 | SOUND REVOLUTION INC. | |
(Registrant) |
By:/s/Robin Ram Robin Ram, Director, President, Chief Executive Officer, |