Worlwide Strategies Inc (WWSG)

[kimzerfantastik]

8K...04/11/13,
http://www.sec.gov/Archives/edgar/data/1342792/000094935313000060/f8k-040613_worldwide.htm

Item 8.01: Other Events.

As disclosed previously, on December 14, 2012, Worldwide Strategies Incorporated (“Worldwide”) executed a stock exchange agreement with Jorge Zamacona Pliego, the President of Euzkadi Corporation of America S.A. de C.V. (“Euzkadi”) and other principal owners of Euzkadi (“Euzkadi Principals”). Under the terms of the stock exchange agreement, Euzkadi Principals would assign and transfer Euzkadi shares to Worldwide such that Worldwide would then own 10% of Euzkadi, and Worldwide would issue shares of its common stock to Euzkadi Principals, such that they would then own 80% of Worldwide.

On April 6, 2013, Worldwide and Euzkadi entered into an Operating Agreement which outlines how the activities of the two corporations will be conducted after consummation of the stock exchange agreement. Under the terms of the Operating Agreement, Worldwide will be the international sales, financial reporting, licensing and acquisition base for Euzkadi. Euzkadi will act as a dedicated supplier to procure, transport and deliver grain products for sale.

As part of the terms of the Operating Agreement, Worldwide will commence efforts to change the name of the company to Euzkadi International Corporation.

Consummation of the stock exchange is contingent upon the satisfaction of several conditions, including Worldwide increasing its authorized shares of common stock to accommodate this transaction and Euzkadi completing its first shipment of products.

Euzkadi, based in Baja California Sur, Mexico, is a producer and supplier of non-GMO grains to both domestic and international markets.

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http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001342792&type=&dateb=&owner=include&count=40