APSI 8-K
Aqua Power Systems Inc. (APSI)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________
FORM
_________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
_______________________________
(Exact name of registrant as specified in its charter)
_______________________________
| (State or Other Jurisdiction | (Commission | (I.R.S. Employer |
| of Incorporation) | File Number) | Identification No.) |
(Address of Principal Executive Offices) (Zip Code)
(Registrant’s telephone number, including area code)
2-7-17 Omorihoncho, Tokyo, Ota-ku, Japan
(Former name or former address, if changed since last report)
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)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| N/A | N/A | N/A |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM 8.01 Other Events
On May 19, 2022, in the Circuit Court of the Ninth Judicial Circuit Orange County Florida, an Order Granting Default Final Judgement was filed in a cause heard on Plaintiff Aqua Power Systems Inc (“APSI”) motion for Default Judgement against Tadashi Ishikawa. The Court declared 32,942,624 shares of common stock in APSI issued to Tadashi Ishikawa currently held in book entry at VStock Transfer to be void and are hereby to be cancelled.
Upon the transfer agents completion of the cancellation process, the total outstanding number of common shares of the company shall be reduced from 50,146,804 shares to 17,204,180 common shares outstanding.
ITEM 9.01 Financial Statements and Exhibits
EX-99.1 Default Final Judgement
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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.
| AQUA POWER SYSTEMS INC. | ||
| By | /s/ Stephen Carnes | |
|
Name: Stephen Carnes Title: President | ||
Date: May 20, 2022
Exhibit 99.1
IN THE CIRCUIT COURT OF THE NINTH JUDICIAL CIRCUIT IN AND FOR ORANGE COUNTY, FLORIDA
CIVIL ACTION
| AQUA POWER SYSTEMS INC. | ) | |
| ) | ||
| Plaintiff, | ) | |
| ) | Case No. 2021-CA-010631-O | |
| v. | ) | |
| ) | ||
| TADASHI ISHIKAWA, | ) | |
| ) | ||
| Defendant. | ) | |
| ) |
DEFAULT FINAL JUDGMENT
THIS CAUSE having been heard on Plaintiff Aqua Power System Inc.'s (“APSI”) Motion for Default Judgment against Defendant, Tadashi Ishikawa ("Ishikawa") , and the Court having heard argument of counsel, and being otherwise fully advised in the Premises, it is
ORDERED AND ADJUDGED that said motion is GRANTED and default final judgment is hereby entered in favor of the Plaintiff Aqua Power Systems, Inc. against the Defendant Tadashi Ishikawa.
The Court declares the 32,942,624 shares of common stock in APSI currently held in Book Entry, void and are hereby cancelled. The Court reserves jurisdiction for enforcement of same.
DONE AND ORDERED at Orlando, Orange County, Florida this 19th day of May, 2022.
| /s/ Vincent Falcone III | |
| THE HONORABLE VINCENT FALCONE III | |
| 1 |
CERTIFICATE OF SERVICE
I HEREBY CERTIFY that the foregoing was filed with the Clerk of the Court this 19th day of May 2022 by using the Florida Courts E-Filing Portal System. Accordingly, a copy of the foregoing is being served on this day to all attorney(s)/interested parties identified on the ePortal Electronic Service List, via transmission of Notices of Electronic Filing generated by the ePortal System.
| /s/ Maureen Michalski | |
| Judicial Assistant | |
| 2 |