SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of earliest event reported: February 5, 2010
ENSURGE, INC.
(Exact name of registrant as specified in charter)
NEVADA | 33- 03275 | 87-0431533 |
(State or other jurisdiction | (Commission | (IRS employer |
of incorporation) | file number) | identification no.) |
4766 Holladay Blvd.
Holladay, Utah 84117
(Address of Principal Executive Offices)
Registrant’s telephone number, including area code (801) 273-9300
Item 3.02 Unregistered Sale of Equity Securities
Effective February 5, 2010, the Company accepted private placement funds from an institutional investor. A total of $500,000 was received in exchange, for which the Company will issue two million (2,000,000) shares of the Company’s common stock. As a result of the issuance, the Company has approximately 27.5 million shares common stock issued and outstanding. The Company believes the conversions are exempt from registration, pursuant to Section 4(2) of the Securities Act of 1933 (as amended), as a private transaction not involving a public offering.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ENSURGE, INC. | |
Date: Feruary 8, 2010 | By /s/ Michael Campbell |
Michael Campbell | |
President |