Southcorp Capital Inc (STHC)

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Item 8.01 Other Events.

On November 18, 2014, SouthCorp Capital begun discussions with Nate’s Food Co. to build a 120,000 square foot factory in Indiana that will have the capacity to manufacture 50 million cans per year. SouthCorp Capital currently owns industrial and commercial property in Indiana that will be used as the site for factory and storage.

On November 19, 2014, the discussions contained and included a verbal agreement between SouthCorp Capital and Nate’s Food Co. for SouthCorp to fund the initial 2-months of production to fulfil the purchase order that Nate’s Food is expecting. Nate’s Food informed SouthCorp that it is meeting with its master broker next week. SouthCorp agreed to finance $200,000 - $250,000 for the expected cost of production for the initial 100,000 cans with the terms to be finalized in the next 2 weeks