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): June 20, 2005
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FALCON RIDGE DEVELOPMENT, INC.
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(Exact name of registrant as specified in its charter)
NEVADA 0-28789 84-1461919
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jurisdiction File Number) Identification No.)
of incorporation)
5111 Juan Tabo Boulevard N.E.
Albuquerque, New Mexico 87111
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(Address of principal executive offices) (Zip Code)
505.856.6043
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Registrant's telephone number, including area code
Not Applicable
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(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)
___ 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))
TABLE OF CONTENTS
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1.01 Entry into a material definitive agreement 3
2.03 Creation of a direct financial obligation or an obligation
under an off-balance sheet arrangement of a registrant 3
Signature 4
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
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ITEM 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN
OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT
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On June 20, 2005, Falcon Ridge Development, LLC. ("Falcon LLC") made available
on an unsecured basis $55,000 for working capital needs of the Registrant.
Falcon LLC is 51% owned by the president and chief executive officer of the
Registrant, Fred M. Montano and 49% owned by Karen Y. Duran, the chief financial
officer of the Registrant. Falcon LLC may make additional advances to the
Registrant from time to time. It is expected that all such advances will bear
interest at 8.5%, although no formal arrangements have been made. The Registrant
expects to repay advances under this arrangement when it has available capital
to do so.
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SIGNATURE
Pursuant to the requirement 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.
FALCON RIDGE DEVELOPMENT, INC
By: /s/ Fred M. Montano
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Fred M. Montano, President
Date: December 21, 2005
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