0001213900-19-000694.txt : 20190114 0001213900-19-000694.hdr.sgml : 20190114 20190114172302 ACCESSION NUMBER: 0001213900-19-000694 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190114 ITEM INFORMATION: Unregistered Sales of Equity Securities FILED AS OF DATE: 20190114 DATE AS OF CHANGE: 20190114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Texas South Energy, Inc. CENTRAL INDEX KEY: 0001506742 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 990362471 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-55414 FILM NUMBER: 19525681 BUSINESS ADDRESS: STREET 1: 3 RIVERWAY STREET 2: SUITE 1800 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 7132092950 MAIL ADDRESS: STREET 1: 3 RIVERWAY STREET 2: SUITE 1800 CITY: HOUSTON STATE: TX ZIP: 77056 FORMER COMPANY: FORMER CONFORMED NAME: Inka Productions Corp. DATE OF NAME CHANGE: 20101130 8-K 1 f8k011419_texassouth.htm CURRENT REPORT

 

 

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 14, 2019

 

Texas South Energy, Inc.

(Exact name of registrant as specified in its charter)

 

Nevada   333-171064   99-0362471
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

4550 Post Oak Place Dr., Suite 300

Houston, TX 77027

(Address of principal executive offices and Zip Code)

 

Registrant’s telephone number, including area code: (713) 820-6300

 

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.

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR240.14d-2(b))

 

¨Soliciting material pursuant to Rule 14a-12 under Exchange Act (17 CFR240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company      ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     ☐

 

 

 

 

 

  

Item 3.02 Unregistered Sales of Equity Securities.

 

During October 2018, the Company issued 250,000 shares of common stock to a consultant for services rendered valued at $0.02 per share.

 

During November 2018, the Company sold 500,000 shares of common stock to two accredited investors for an aggregate total of $10,000.

 

During January 2019, the Company issued derivative securities allowing two affiliates to convert up to $460,000 of indebtedness into 23 million shares of common stock at a conversion price of $0.02 per share.

 

During January 2019, the Company issued 750,000 shares of common stock to an employee valued at $0.02 per share.

 

The issuances of these securities did not involve the payment of any sales commissions and were exempt pursuant to Section 4(a)(2) of the Securities Act of 1933.

 

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SIGNATURES

 

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

 

Date: January 14, 2019

 

  TEXAS SOUTH ENERGY, INC.
   
  By: /s/  Michael J. Mayell
    Michael J. Mayell, Chief Executive Officer

 

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