UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): September 14, 2006
SMART ENERGY SOLUTIONS, INC.
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(Exact Name of Registrant as Specified in Its Charter)
Nevada
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(State or Other Jurisdiction of Incorporation)
0-26027 87-0626333
(Commission File Number) (IRS Employer Identification No.)
207 Piaget Avenue
Clifton, NJ 07011
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(Address of Principal Executive Offices, Zip Code)
(973) 340-6000
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(Registrant's Telephone Number, Including Area Code)
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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 (see General Instruction A.2. below):
|_| 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))
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Section 1 - Registrant's Business and Operations
Item 1.01 Entry into a Material Definitive Agreement
On September 14, 2006, Smart Energy Solutions, Inc. (the "Registrant") issued to
EGFE, Ltd. ("EGFE") a demand promissory note, in the principal amount of
$500,000 (the "Note"). In consideration therefor, EGFE loaned $500,000 to the
Registrant. Interest on the Note will accrue at the rate of 12% per year. The
entire principal sum and all accrued interest due under the Note shall be paid
ten business days after the Registrant's receipt of written demand for payment
from EGFE.
For all the terms and conditions of the Note, reference is hereby made to
exhibit 10.31 annexed hereto. All statements made herein concerning the
foregoing Note are qualified by references to said exhibit.
Section 9-Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(a) Financial Statements of business acquired. Not applicable
(b) Pro forma financial information. Not applicable
(c) Exhibits:
Exhibit 10.31 Demand Promissory Note, dated September 14, 2006, made by
Smart Energy Solutions, Inc. in favor of EGFE, Ltd.
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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.
SMART ENERGY SOLUTIONS, INC.
By: /s/ Pete Mateja
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Name: Pete Mateja
Title: Chief Executive Officer
Date: September 14, 2006
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