UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (date of earliest event reported): June
13, 2017
Defense
Technologies International Corp.
(Exact
name of registrant as specified in its charter)
Delaware |
000-54851 |
Not
Applicable |
(State
or other jurisdiction of incorporation) |
(Commission
File Number) |
(IRS
Employer Identification No.) |
4730
South Fort Apache Road, Suite 300, Las Vegas, Nevada 89147
(Address
of principal executive offices)
Registrant's
telephone number, including area code: (800) 520-9485
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[
] Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[
] Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[
] Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[
] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
FORM
8-K
When
used in this Current Report on Form 8-K, the terms "company", "DTII,"
"we," "us," "our" and similar terminology are in reference to Defense
Technologies International Corp.
Item
3.02 Unregistered Sales of Equity Securities.
The
DTII Board of Directors has unanimously approved the conversion of $175,182.37
of company debt into shares of DTII Series A convertible preferred stock.
An aggregate of 1,751,824 preferred shares were
issue on June 13, 2017 to two individuals in exchange for full payment of the
debt. Each Series A preferred share is convertible into ten shares of DTII
voting common stock on a one share of preferred stock for ten shares of common
stock basis. Additionally, each Series A preferred share carries voting rights
on the basis of 100 votes per preferred share on any vote of common
stockholders.
Cautionary
Note About Forward-looking Statements
Statements
contained in this current report which are not historical facts, may be
considered "forward-looking statements," which term is defined by the Private
Securities Litigation Reform Act of 1995. Any "safe harbor under this Act
does not apply to a "penny stock" issuer, which definition would include the
company. Forward-looking statements are based on current expectations and
the current economic environment. We caution readers that such
forward-looking statements are not guarantees of future performance. Unknown
risks and uncertainties as well as other uncontrollable or unknown factors could
cause actual results to materially differ from the results, performance or
expectations expressed or implied by such forward-looking statements.
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.
|
Defense
Technologies International Corp. |
|
|
|
|
Date:
June 21, 2017 |
By:/S/
Merrill
W. Moses |
|
Merrill
W. Moses |
|
President |