STOA .0011 8K
Item 1.01 Entry into a Material Definitive Agreements.
On multiple dates during the years of 2012 and 2013, Convertible Notes were issued to Asher Enterprises, Inc., KBM Worldwide, Inc. and Magna Asset Services, Inc.
As of April 21, 2015, the convertible notes issued to Asher Enterprises Inc. and Magna Asset Services, Inc. were completely converted representing a zero balance outstanding.
An agreement is in place to retire the KBM Worldwide, Inc. convertible note and is expected to complete by May 29, 2015.
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.
SERATOSA INC.
Dated: April 23, 2015
By:
/s/ Brent Suen
Name:
Brent Suen
Title:
President & CEO
