-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EO8ZWlXHnW+M29UZfUu2qUGIYjnWm6irWKzjn4c9WIyGbVkVzpm3LvTCmVVJYTuR A6B6HieyUa37thsGi9wClA== 0001188112-09-002102.txt : 20090929 0001188112-09-002102.hdr.sgml : 20090929 20090929165426 ACCESSION NUMBER: 0001188112-09-002102 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090923 ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090929 DATE AS OF CHANGE: 20090929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MACROSOLVE INC CENTRAL INDEX KEY: 0001178727 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-150332 FILM NUMBER: 091093470 BUSINESS ADDRESS: STREET 1: 5800 EAST SKELLY DRIVE STREET 2: SUITE 300 CITY: TULSA STATE: OK ZIP: 74135 BUSINESS PHONE: 918-280-8693 8-K 1 t66355_8k.htm FORM 8-K t66355_8k.htm


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 23, 2009

MacroSolve, Inc.
(Exact name of registrant as specified in its charter)

Oklahoma
73-1518725
(State or Other Jurisdiction
(I.R.S. Employer
of Incorporation)
Identification Number)

 (Address of principal executive offices) (zip code)

(918) 280-8693
(Registrant's telephone number, including area code)

(Former name or former address, if changed since last report)

Copies to:
Gregory Sichenzia, Esq.
Peter DiChiara, Esq.
Sichenzia Ross Friedman Ference LLP
61 Broadway
New York, New York 10006
Phone: (212) 930-9700
Fax: (212) 930-9725

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 Instructions A.2. below):

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 

 
 
Item 3.02
Unregistered Sales of Equity Securities
 
MacroSolve, Inc. (the “Company”) in connection with its Securities Purchase Agreement, dated July 20, 2009, issued $1,297,886 of Convertible Debentures through September 23, 2009 as it continues to meet its required monthly strategic milestones.  The remaining Convertible Debentures will be issued on a monthly schedule from October 2009 through November 2009 and February 2010 through September 2010, dependent upon the Company meeting additional milestones.

Item 8.01. 
Other Events.

On September 23, 2009, the Company issued a press release announcing the issuance of the Convertible Debentures.  A copy of the press release is furnished as Exhibit 99.1 hereto.

Item 9.01
Financial Statements and Exhibits.

(d)  Exhibits

 
Exhibit
Number
 
Description
 
99.1
 
Press Release of MacroSolve, Inc. dated September 23, 2009

 
 

 
 
SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
MacroSolve, Inc.
   
Dated: September 29, 2009
By:  /s/ Clint Parr
 
Name:  Clint Parr
 
Title:   Chief Executive Officer
 
EX-99.1 2 ex99-1.htm EXHIBIT 99.1 ex99-1.htm

Exhibit 99.1
 
 

 
MacroSolve On Track To Meet Strategic Milestones
 
 
 
Anyware Mobile Solutions division on track to be cash flow positive by Q1 of 2010
 
 
Company successfully closes on the latest tranche of its $2.3 M funding  
 
TULSA, Okla., September 23, 2009 – MacroSolve, Inc., (OTCBB:MCVE), parent company of Anyware Mobile Solutions, announced today that it has received additional funding from investors in its $2.3 million convertible debt financing as it continues to meet monthly strategic milestones. These milestones, required by the investors, include specific company performance criteria around product development, sales, new customer acquisition, fund raising and cash flow.
 
MacroSolve’s Anyware Mobile Solutions division is currently on track to be cash flow positive by Q1 of 2010. This positive cash flow position will support the ongoing development of MacroSolve as a whole and specifically the development and upcoming launch of MacroSolve’s mobility e-Marketplace. Through September 21, 2009, the Company issued $1.3 million in convertible debentures out of an anticipated $2.3 million.
 
“I’m pleased to announce that from a financing and cash flow perspective, we are well on track to support our revenue growth goals as we move towards earnings. This is based on our ability to consistently deliver on our strategic milestones,” stated Clint Parr, MacroSolve President and CEO.
 
About MacroSolve
MacroSolve, Inc. (OTCBB:MCVE) is a pioneer in delivering mobile solutions to businesses. Founded in 1997, the company has an extensive network including the top name brands in wireless hardware and software as well as carriers. MacroSolve’s mission is to deliver innovative strategies that bring the buyers and sellers of mobile technologies together in a way that creates bottom-line benefits to all participants in its growing $100 billion target market. The company operates through its subsidiaries including Anyware Mobile Solutions. For more information, visit www.macrosolve.com or call 800-401-8740.
 
Safe Harbor Statement
This press release contains projections of future results and other forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Important factors that may cause actual results and outcomes to differ materially from those contained in the projections and forward-looking statements included in this press release are described in our publicly filed reports.   Factors that could cause these differences include, but are not limited to, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements.
 
Investor and Media Contact:
Dilek Mir
(310) 591-5619
dmir@corporateprofile.com

Company Contact:
April Sailsbury
(918) 388-3529
april.sailsbury@macrosolve.com
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