8-K 1 form8-k.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): October 1, 2019

 

INVESTVIEW, INC.

(Exact name of registrant as specified in its charter)

 

Nevada   000-27019   87-0369205
(State or other jurisdiction of
incorporation or organization)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 

234 Industrial Way West, Ste A202    
Eatontown, New Jersey, 07724   07724
(Address of principal executive offices)   (Zip code)
     
Registrant’s telephone number, including area code:   732-889-4300

 

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 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))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (Section 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (Section 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 1.01 Entry into a Material Definitive Agreement

 

Investview, Inc. (the “Company”), has entered into a REVENUE SHARE AGREEMENTT with Freedom Enterprise, LLC (hereinafter, Freedom Enterprises) to share revenue from the APEX product line among the Company’s subsidiaries, APEX Tek, LLC , and SAFE TEK,LLC, with Freedom Enterprises. The agreement contains a share earnout schedule in which Freedom Enterprises may earn up to 200,000,000 shares of INVU’s common stock over a five-year period based on achieving certain profit milestones. The Agreement was fully executed October 1, 2019.

 

Item 1.02 Termination of a Material Definitive Agreement

 

The Company has terminated the JOINT VENTURE AGREEMENT dated as of March 5, 2019 (the “Termination”), by and among AI Data Consultancy, LLC, and Freedom Enterprise, LLC, , and the Company. As a result of the termination, 200,000,000 shares of INVU’s common stock that were originally issued as part of the Joint Venture Agreement were returned by AI Data Consultancy LLC for cancellation and have been cancelled and removed from the Company’s issued and outstanding common shares. The agreement was fully executed October 1, 2019.

 

Item 9.01 Financial Statements and Exhibits.

 

The following is filed as an exhibit to this report:

 

Exhibit        
Number*   Title of Document   Location
Item 99   Miscellaneous    
         
99.01   Revenue Share Agreement dated September 16, 2019 and executed October 1, 2019   Attached
         
99.02   Agreement to Terminate Joint Venture Agreement of March 5, 2019 dated September 16, 2019, and executed October 1, 2019   Attached

 

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SIGNATURES

 

  INVESTVIEW, INC.
     
  By: /s/ Annette Raynor
  Name: Annette Raynor
  Title: Chief Executive Officer

 

Date: October 7, 2019

 

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