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): October 3, 2011
DOMARK INTERNATIONAL, INC.
(Exact name of registrant as specified in charter)
Nevada 333-136247 20-4647578
(State of incorporation) (Commission (IRS Employer
File Number) Identification No.)
254 S. Ronald Reagan Blvd,
Suite 134
Longwood, Florida 32750
(Address of principal executive offices / Zip Code)
(877) 700-7369
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K 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 September 28, 2011, DoMark International, Inc. ("DoMark" or the "Company")
entered into certain definitive agreements with R. Thomas Kidd, Chief Executive
Officer of the Company, and Infinite Funding, Inc. ("IFI") relating to two
promissory notes issued by IFI to the Company as more fully described below.
SEPTEMBER 2011 NOTE
On September 28, 2011, DoMark entered into a Promissory Note among DoMark, as
borrower, R. Thomas Kidd, the Company's Chief Executive Officer, as guarantor,
and IFI, as lender (the "September 2011 Note").
The September 2011 Note is for the principal amount of $40,000 and bears
interest at a rate of 3% per annum. Payment in full is due on December 15, 2011.
The September 2011 Note provides for customary events of default which, if any
of them occurs, require the unpaid principal of, and accrued interest on the
September 2011 Note to be immediately due and payable plus interest at a rate of
18% per annum.
Acopy of the September 2011 Note is attached hereto as Exhibit 10.1 and is
incorporated herein by reference. The foregoing description of the material
terms of the September 2011 Note does not purport to be complete and is
qualified in its entirety by reference to such exhibit.
MARCH NOTE AS AMENDED
On September 28, 2011, DoMark entered into a second Amendment to the March 2011
Promissory Note among DoMark, as borrower, R. Thomas Kidd, the Company's Chief
Executive Officer, as guarantor, and IFI, as lender (the "Amendment to June 2011
Note"). The Amendment to the March and June 2011 Note amends certain terms and
conditions of the original underlying promissory note among the parties dated
March, 2011.
The March 2011 Note is for the principal amount of $75,000 and bears interest at
a rate of 3% per annum. In June of 2011, The Company amended the March 2011 by
extending the due date to October 15, 2011, increasing the amount of the note by
$75,000 and agreeing to pay an extension fee of $10,000. Payment in full under
the terms of the original March 2011 Note is due on October 15, 2011. The
subsequent second Amendment to the March 2011 note among the parties extends the
maturity date to December 15, 2011. All other terms of the original March 2011
Note remain in full force and effect.
A copy of the second amendment to the March 2011 Note is attached as Exhibit
10.2. The foregoing description of the material terms of the September 28, 2011
second amendment does not purport to be complete and is qualified in its
entirety by reference to such exhibit.
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ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits.
Exhibit
Number Description
------ -----------
10.1 Promissory Note, dated September 28, 2011, among DoMark
International, Inc., R. Thomas Kidd and Infinite Funding, Inc.
10.2 Second Amendment to March 2011 Promissory Note, dated September 28,
2011 among DoMark International, Inc., R. Thomas Kidd and Infinite
Funding, Inc., amending original note dated March 3, 2011.
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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.
Date: October 3, 2011 DoMark International, Inc.
By: /s/ R. Thomas Kidd
---------------------------------------
R. Thomas Kidd, Chief Executive Officer
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EXHIBIT INDEX
Exhibit
Number Description
------ -----------
10.1 Promissory Note, dated September 28, 2011, among DoMark
International, Inc., R. Thomas Kidd and Infinite Funding, Inc.
10.2 Second Amendment to March 2011 Promissory Note, dated September 28,
2011 among DoMark International, Inc., R. Thomas Kidd and Infinite
Funding, Inc., amending original note dated March 3, 2011.