Performing Brands, Inc(fka PFOB)

[JoeSmith]

Form 8-K for BOO KOO HOLDINGS, INC

27-Jun-2008

Unregistered Sale of Equity Securities, Other Events, Financial Statements


Item 3.02. Unregistered Sale of Equity Securities.

On June 23, 2008, the Company issued to Gilbert M. Cassagne a restricted stock award for 1,500,000 shares of its common stock, par value $0.0001 (the "Shares"). Such restricted stock award vests as follows: (i) 450,000 Shares shall vest on December 1, 2008; (ii) 450,000 Shares shall vest on December 1, 2009; and (iii) 600,000 Shares shall vest on December 1, 2010. Mr. Cassagne will forfeit such Shares if his continuous service on the Company's Board of Directors terminates prior to any of the aforementioned vesting dates.

Prior to the issuance of the aforementioned restricted stock award, in connection with the termination of the consulting services agreement between Mr. Cassagne and the Company, the restricted stock award for 6,700,000 shares of its common stock, par value $0.0001 issued to Mr. Cassagne on May 21, 2008 in connection with such consulting services agreement was cancelled.