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Advantego Corp – ‘8-K’ for 5/20/20

On:  Wednesday, 5/20/20, at 2:27pm ET   ·   For:  5/20/20   ·   Accession #:  1004878-20-92   ·   File #:  0-23726

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

 5/20/20  Advantego Corp                    8-K:1       5/20/20    1:5K                                     Hart & Hart LLC/FA

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

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         8-K Assured                                            2      7K 


Document Table of Contents

Page (sequential)   (alphabetic) Top
 
11st Page  –  Filing Submission
2Item 1.02. Termination of a Material Definitive Agreement
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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): May 20, 2020 ADVANTEGO CORPORATION --------------------- (Exact name of Registrant as specified in its charter) Colorado 0-23726 84-1116515 --------------------- ------------------- ------------------------ (State or other jurisdiction (Commission File No.) (IRS Employer of incorporation) Identification No.) 3801 East Florida Ave., Suite 400, Denver, CO 80210 --------------------------------------------------- (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (949) 627-8977 ------------------- (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 obligations of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17CFR 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-14c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered ------------------- -------------- ----------------------------------------- None N/A N/A Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (ss.203.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (ss.204.12b-2 of this chapter. Emerging growth company [ ]
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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 1.02 Termination of a Material Definitive Agreement The Company's largest client has discontinued purchasing digital controllers ("eLobby") on behalf of their independent network of car collision shops that were being supplied and supported starting in March of 2018. Having distributed approximately 1250 units to its national network of independent collision repair shops, there was also the anticipation of ongoing annual renewals for the product licensing rights. As such, it is not expected that any further renewals will be forthcoming. The Company has attempted to restructure an agreement to sell the products directly to the shops. There are no guarantees that can be achieved and therefore, no future revenue can be expected from these relationships. License renewals that were paid in April 2019 have now expired and would have otherwise been renewed beginning May 31, 2020. A small amount of revenue will be recognized in the coming months from old license renewals. 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. Dated May 20, 2020. ADVANTEGO CORPORATION By: /s/ Robert W. Ferguson__ Robert W. Ferguson Chief Executive Officer

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5/31/202None on these Dates
Filed on / For Period end:5/20/2012
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Filing Submission 0001004878-20-000092   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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