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): 6/18/2014
Commission file number: 000-53506
HYDRODYNEX, INC.
(Exact name of small business issuer as specified in its charter)
Nevada |
| 20-4903071 |
(State or other jurisdiction |
| (IRS Employer |
of incorporation or organization) |
| Identification No.) |
451 West 21ST Avenue
Spokane, WA 99203
(Address of principal executive offices)
(702) 591-3281
(Registrant’s telephone number)
_________________________________
(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: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
Item 1.01 Entry into a Material Definitive Agreement
Pursuant to a unanimous written authorization consent of the Board of Directors dated June 17, 2014, Hydrodynex, Inc. (the “Company”) entered into a definitive Sixty (60) day Option to Purchase Assets Agreement on June 18, 2014 to purchase all of the assets of Zoydan Games, Inc (“Zoydan”), a private company organized in the state of Washington on July 8, 2011. The agreement calls for this issuance of Forty Two Million (42,000,000) shares of restricted common stock to be issued to Zoydan Games, Inc. (“Zoydan”), which will be exchanged for specific assets of Zoydan and subsequently disbursed to the existing shareholders of Zoydan. Zoydan Games, Inc. was organized as a card and board game design, development, publishing and specialty marketing company. The acquisition of the assets of Zoydan will be subject to a vote of the shareholders of the Company pursuant to a special meeting of the shareholders estimated to be held on or about August 1, 2014.
There will be no fees, commissions or professional fees for services rendered in connection with this proposed transaction. The transaction was arranged and undertaken by the officers of the Company.
ITEM 9.01 - FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits.
Exhibit 10.1 | Option to Purchase Assets Agreement between Zoydan Games, Inc., and Hydrodynex, Inc., effective June 18, 2014 |
SIGNATURE(S)
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.
Hydrodynex, Inc. (Registrant)
Date: June 19, 2014 By: /s/ Jerod C. Edington Jerod C. Edington President, Secretary, Treasurer, VP, CEO, CFO, COO |
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