I Realtyauction Com Inc SEC Form 8-K Filed January 9, 2018: Current report pursuant to Section 13 or... Last Updated February 3, 2020 at 10:47 AM ST

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Washington, D.C. 20549





Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): January 3, 2018


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


Delaware   000-32037   65-0963722
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification No.)


1030 Broad Street

Suite 102

Shrewsbury, NJ

(Address of principal executive offices)   (Zip Code)


Registrant’s telephone number, including area code: (561) 988-1988


(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 240.13a-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 1.01 Entry into a Material Definitive Agreement.


On January 3, 2018, InterCloud Systems, Inc. (the “Company”) sold $550,000 face amount of accounts receivables to each of Mark Munro, our Chief Executive Officer and Chairman of our Board of Directors, and Mark Durfee, one of our Directors, for aggregate cash proceeds of $550,000. Each of Messrs. Munro and Durfee purchased $275,000 worth of accounts receivables for cash proceeds of $275,000. Such sale was unconditional, irrevocable and without recourse to the Company.






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.

January 8, 2018 By:  /s/ Mark Munro
    Mark Munro
Chief Executive Officer




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