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) May 2, 2012
VUMEE INC.
(Exact name of registrant as specified in its charter)
NEVADA 000-53910 35-2340897
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
9817 N. 95TH ST., #105, SCOTTSDALE, ARIZONA 85258
(Address of principal executive offices) (Zip Code)
1-800-854-0654
(Registrant's telephone number, including area code)
PAPERWORKS INC.
(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 May 7, 2012 we entered into a share exchange agreement with Data Pangea LLC,
Florida limited liability company, doing business as VuMee. VuMee allows people
with a social fanbase ("Celebrities") the ability to generate revenue by
uploading, non-exclusive and exclusive content from their mobile device, to
their social networks, ie: Facebook and Twitter, etc. The VuMee platform allows
Celebrities to grow their brand by way of the cross-pollinization of VuMee's
cumulative celebrity fan base.
The following is a brief description of the terms and conditions of the share
exchange agreement that are material to us:
1. no material adverse change will occur with the business or assets of
our company or Data Pangea since the effective date of the share
exchange agreement;
2. our company and Data Pangea will be reasonably satisfied with their
respective due diligence investigation of each other;
3. Upon closing of the share exchange, current Data Pangea members will
be issued 30,001,000 shares of our company in exchange for their
interests in Data Pangea.
4. Upon closing our current director will appoint certain officers from
Data Pangea as officers of our company, and we will accept the
resignation of Rhoda Rizkalla as an officer of our company, and Data
Pangea will acquire/cancel certain currently issued and outstanding
shares held by Ms. Rizkalla
Due to conditions precedent to closing, including those set out above, and the
risk that these conditions precedent will not be satisfied, there is no
assurance that we will complete the share exchange as contemplated in the share
exchange agreement.
The share exchange agreement is attached as Exhibit 2.1 to this Current Report.
ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS
ITEM 7.01 REGULATION FD DISCLOSURE
On May 2, 2012, Paperworks Inc. (the "Company", "we", "us") filed Articles of
Merger with the Nevada Secretary of State to change the name of the Company to
"VuMee Inc.", to be effected by way of a merger with its wholly-owned subsidiary
VuMee Inc., which was created solely for the name change.
Also on May 2, 2012, the Company filed a Certificate of Change with the Nevada
Secretary of State to give effect to a forward split of the Company's authorized
and issued and outstanding shares of common stock on a 10 new for one (1) old
basis and, consequently, the Company's authorized capital shall increase from
75,000,000 to 750,000,000 shares of common stock and the Company's issued and
outstanding shares of common stock shall increase from 6,000,000 to 60,000,000
shares of common stock, all with a par value of $0.001.
These amendments became effective on May 8, 2012 upon approval from the
Financial Industry Regulatory Authority ("FINRA").
The forward split and name change became effective with the Over-the-Counter
Bulletin Board at the opening of trading on May 8, 2012 under the symbol
"PPKSD". The "D" will be placed on our ticker symbol for 20 business days. After
20 business days, our new symbol will be "VUME". Our new CUSIP number is
92922C105.
2
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
2.1 Share Exchange Agreement dated May 7, 2012 with Data Pangea LLC.
3.1 Articles of Merger
3.2 Certificate of Change
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.
VUMEE INC.
/s/ Rhoda Rizkalla
-------------------------------------
Rhoda Rizkalla
President and Director
Date: May 9, 2012
2