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): September 5, 2008
Tone in Twenty
------------------------------------------------
(Name of Small Business Issuer in its Charter)
Nevada 000-53166 77-0664193
---------------------------- ------------ ------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
4301 S. Valley View Ave., Suite 20, Las Vegas, NV 89103
--------------------------------------------------------------
(Address of principal executive officers, including Zip Code)
(702) 604-7038
---------------------------
(Issuer's telephone number)
n/a
-------------------------------------------------------------
(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))
=============================================================================
1
52:
Item 8.01 Other Events
Tone in Twenty (the "Company"), has had numerous discussions with a former
employee to resolve a dispute over an expired employment agreement. Management
presented the former employee with a settlement agreement which was rejected.
No lawsuit is currently pending or threatened; however, management believes
that if a settlement cannot be reached in the near future, litigation may be
initiated. It is uncertain concerning the outcome of litigation. If
litigation is initiated, the Company could be subject to a potential loss of
$10,000 to $15,000 plus attorney fees, based on an adverse ruling over this
employment agreement.
The Company attempts to manage legal and compliance risk through policies and
procedures reasonably designed to avoid litigation claims and prevent or detect
violation of applicable legal and regulatory requirements.
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.
Tone in Twenty
--------------------------------
Registrant
By: /s/ John Dean Harper
------------------------------------
Name: John Dean Harper
Title: President
Dated: September 8, 2008
2