Embarr Downs, Inc. (EMBR)

[MIKEY501]

EMBR

Item 8.01 Other Events.

The Company has begun constructing its initial aquaculture farm in Indiana and intends to build a facility that would be capable of processing 3 million pounds per year. The Company has begun construction on its initial building which would be capable of processing 5,000 – 10,000 fish per year. The building is intended to allow the company to test different tank and filter set-ups and to test raising different types of fish in a controlled environment. The 2 nd phase consists of building an approximately 10,000 square foot building that will hold up to 21 10,000-gallon tanks and a processing and holding space. This building will allow the Company to process up to 300,000 pounds of fish per year. The 3 rd phase consists constructing a building on over an acre of land that will be capable of processing 1.5 million pounds of fish per year.

The Company then expects to expand its aquaculture farm to 50 acres and that would be capable of processing over 3 million pounds per year and expand to salt water farms as well.

The Company has begun constructing the building for its initial phase and expects it will be completed in the next 45-60 days. The Company has also agreed to lease a commercial space and expects to begin construction on our 2 nd phase in the next 6 months. The Company has also agreed to purchase a 1-acre parcel and expects to begin constructing its 3 rd phase building in the next 9 months.

The Company has begun preliminary talks with distributors for the Company’s fish. Additionally, the Company has agreed to acquire a storefront in Indiana to build a retail fish store for its aquaculture farms. Thereby, allowing the Company to sell its fish through distributors and its own retail space.