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):
December 31, 2007
NaturalNano, Inc.
(Exact name of registrant as specified in its charter)
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Nevada |
| 000-49901 |
| 87-0646435 |
(State or other jurisdiction |
| (Commission File No.) |
| (I.R.S. Employer |
of incorporation) |
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| Identification No.) |
15 Schoen Place
Pittsford, New York 14534
(Address of principal executive offices)
(585) 267-4850
(Registrant’s telephone number, including area code)
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 (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 1.01 Entry into a Material Definitive Agreement.
On December 31, 2007, NaturalNano, Inc. (the “Company”) entered into a Settlement Agreement with SBI Brightline XIII, LLC, pursuant to which (i) a warrant to purchase up to 4,770,000 shares of common stock of the Company, issued to SBI Brightline XIII, LLC, was terminated, and (ii) a Stock Purchase Agreement dated as of July 9, 2006, between the Company and SBI Brightline XIII, LLC was terminated, and (iii) the parties mutually released each other with respect to prior claims.
Item 9.01 Exhibits.
Exhibit Number | Description |
10.1 | Settlement Agreement, dated December 31, 2007, by and among SBI Brightline XIII, LLC and NaturalNano, Inc. |
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.
| NATURALNANO, INC. |
| /s/Kent A. Tapper | |||
Date: January 7, 2008 | Kent A. Tapper |
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| Chief Financial Officer |
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