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):February 27, 2015
THE MARYJANE GROUP, INC.
(Exact name of registrant as specified in its charter)
| Nevada | 98-1039235 |
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
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| | |
| 910 16th Street, Suite 412, Denver, CO 80202 | (303) 835-8603 |
| (Address of principal executive offices) | (Registrant’s Telephone Number) |
N/A
(Former Name and Address of Registrant)
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)
☐ 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))
FORWARD LOOKING STATEMENTS
This Current Report on Form 8-K may contain “forward looking” statements or statements which arguably imply or suggest certain things about our future. Statements, which express that we “believe”, “anticipate”, “expect”, or “plan to”, and any other similar statements which are not historical fact, are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on assumptions that we believe are reasonable, but a number of factors could cause our actual results to differ materially from those expressed or implied by these statements. You are cautioned not to place undue reliance on these forward looking statements, which speak only as of their dates. We do not undertake any obligation to update or revise any forward looking statements.
SECTION 1 – REGISTRANT'S BUSINESS AND OPERATIONS.
ITEM 1.01
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On February 27, 2015, The MaryJane Group, Inc. (the "Company") executed a Contract to Buy and Sell Real Estate (the "Sales Contract") with A Capital Inn, Inc. (the "Seller") for the purchase of the Adagio Bed and Breakfast located at 1430 Race Street, Denver, Colorado (the "Adagio"). The Adagio is the location of the Company’s first Bud and Breakfast™. The purchase price for the Adagio was $1,500,000 with the Seller agreeing to finance $1,000,000. Upon execution of the Sales Contract, the Company made a deposit of $50,000. The Company expects the closing to take place on or before May 15, 2015. A copy of the Sales Contract is included herewith as an exhibit to this filing and is incorporated herein by reference.
SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01
FINANCIAL STATEMENTS AND EXHIBITS
(d)
Exhibits:
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: March 3, 2015 | The MaryJane Group, Inc. |
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| | By: | /s/ Joel C. Schneider |
| | | Joel C. Schneider |
| | | Chief Executive Officer |
