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Qornerstone Inc. – ‘8-K’ for 3/10/20

On:  Friday, 3/13/20, at 1:11pm ET   ·   For:  3/10/20   ·   Accession #:  1062993-20-1335   ·   File #:  0-52945

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/13/20  Qornerstone Inc.                  8-K:3       3/10/20    1:12K                                    Newsfile Corp/FA

Current Report   —   Form 8-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report -- form8k                            HTML     11K 


This is an HTML Document rendered as filed.  [ Alternative Formats ]



  Qornerstone Inc.: Form 8-K - Filed by newsfilecorp.com  

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

March 10, 2020
Date of Report (Date of earliest event reported)

QORNERSTONE INC.
(Exact name of registrant as specified in its charter)

Nevada

000-52945

98-0540833

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)


6, Shenton Way #21-08 OUE Downtown
Singapore

 


068809

(Address of principal executive offices)

 

(Zip Code)

+65-65572516
Registrant's telephone number, including area code

Not applicable.
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K 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 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.    [   ]

__________

- 1 -


Item 3.02 Unregistered Sales of Equity Securities

On March 10, 2020, we issued an aggregate of 555,555 shares of our common stock to three individuals pursuant to a private placement at a price of $0.90 per share for gross proceeds of $500,000.  The shares of our common stock issued with respect to the private placement were issued in reliance on the exemption from registration provided by Rule 903 of Regulation S promulgated under the U.S. Securities Act of 1933, as amended, based on representations and warranties provided by purchasers of the shares in their respective subscription agreements entered into between us and each of the purchasers which was negotiated and consummated outside of the United States.

__________

- 2 -


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.

 

QORNERSTONE INC.

 

DATE:  March 13, 2020

By: /s/ Ernest Ong
 Enerst Ong
 President, CEO and Director

 

 

__________

 

- 3 -

 




Dates Referenced Herein

This ‘8-K’ Filing    Date    Other Filings
Filed on:3/13/20None on these Dates
For Period end:3/10/20
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Filing Submission 0001062993-20-001335   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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