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): July 12, 2010 (June 7, 2010)
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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 (Commission File Number) (I. R. S. Employer
jurisdiction of Identification No.)
incorporation)
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 1.01. ENTRY INTO A DEFINITIVE MATERIAL AGREEMENT
On June 7, 2010, Bank Freedom, a wholly owned subsidiary of Prepaid Card
Holdings, Inc. (the "Company") amended its agreement with Green Dot Corporation.
The Amendment extends the agreement through January 10, 2014, ends the
exclusivity requirement effective July 11, 2010, and adds a requirement that
Bank Freedom must offer Green Dot as a cash cash load network on any program it
offers with cash loading as an option.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
10.1 Amendment No. 2 between Merchant Processing International, Inc. dba Bank
Freedom and Green Dot Corporation dated June 7, 2010.
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: July 12, 2010 By: \s\ Bruce A. Berman
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Bruce A. Berman
Chief Executive Officer