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 November 16, 2006)
Platina Energy Group Inc.
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(Exact name of registrant as specified in its charter)
Delaware 000-28335 84-1080043
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(State or other Jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
1807 Capital Avenue, Suite 101 I Cheyenne, Wyoming 82001
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(Address of principal executive offices)
(307) 637-3900
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(Issuer's telephone number)
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))
Item 1.01. Entry into a Material Definitive Agreement.
On November 16, 2006, Platina Energy Group, Inc. (the "Company") entered
into an Agreement in the form of an Order Form (the "Agreement") with
Wallstreet Direct Inc. ("Wallstreet"). Pursuant to the Agreement, Wallstreet
has agreed to provide to the Company investor relations services valued at
$350,000 in the form of 1,250,000 shares of the Company's restricted common
stock.
Item 3.02 Unregistered Sales of Equity Securities.
As consideration for the Agreement with Wallstreet to provide investor
relations service to the Company, described in Item 1.01 above, we are issuing
1,250,00 restricted shares of our common stock to Wallstreet Direct Inc. We
believe that the issuance of the shares will be exempt from the registration
and prospectus delivery requirements of the Securities Act of 1933 by virtue
of Section 4(2) and/or Regulation D. The shares will be issued directly by us
and does not involve a public offering or general solicitation. The recipient
of the shares was afforded an opportunity for effective access to files and
records of our company that contained the relevant information needed to make
its investment decision. We reasonably believe that the recipient, immediately
prior to its investment decision, had such knowledge and experience in our
financial and business matters that it was capable of evaluating the merits
and risks of its investment. The recipient had the opportunity to speak with
our management on several occasions prior to their investment decision. There
were no commissions paid on the issuance and sale of the shares.
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.
Platina Energy Group Inc.
Date: November 29, 2006 / s/ Blair Merriam
Blair Merriam, Chief Executive Officer