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): January 22, 2009 (January
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13, 2009)
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Prepaid Card Holdings, Inc.
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(Exact name of registrant as specified in its charter)
Nevada 000-53270 76-0222016
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(State or other jurisdiction (Commission (I. R. S. Employer
of incorporation) File Number) Identification No.)
18500 Von Karman, Suite 530 Irvine, CA 92612
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(Address of principal executive offices) (Zip Code)
Issuer's telephone number, including area code 877-237-6260 x 110
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N/A
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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 8.01. OTHER EVENTS
On January 13, 2009, Prepaid Card Holdings, inc. (the "Company") settled its
dispute with one of its vendors over the sum of $360,000. Pursuant to the
settlement, the Company will execute a note in the amount of $182,900, payable
with 4% annual interest over three years with payments of $5,399.64 per month.
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.
PREPAID CARD HOLDINGS, INC.
(Registrant)
Dated: January 22, 2009 By: \s\ Bruce Berman
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Bruce Berman
Chief Executive Officer