8-K

AQUA POWER SYSTEMS INC. (APSI)

8-K 2021-09-27 For: 2021-09-24
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Added on April 06, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________


FORM 8-K

_________________


CURRENT REPORT

Pursuant to Section 13 or 15(d) of the SecuritiesExchange Act of 1934

Date of Report (Date of earliest event reported):  September 24, 2021

_______________________________

AQUA POWER SYSTEMSINC.

(Exact name of registrant as specified in its charter)

_______________________________

Nevada 333-183272 27-4213903
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)

2180 Park Ave North, Unit 200

Winter Park, FL 32789

(Address of Principal Executive Offices) (ZipCode)

407-674-9444

(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)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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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 September 23, 2021, 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 Paramount Trading Company Inc. The Court declares 2,690,000 shares of common stock in APSI issued to Paramount Trading Company Inc. on or about October 1, 2015, and on or about July 14, 2017, currently held in Book Entry, void and are hereby cancelled.

ITEM 9.01 Financial Statements and Exhibits


(d) Exhibits.

Exhibit 99.1 Order on Default Final Judgment

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<br><br> <br>Title: President

Date:  September 27, 2021

Exhibit 99.1

IN THE CIRCUIT COURT OF THE NINTH JUDICIAL CIRCUIT

ORANGE COUNTY, FLORIDA

CIVIL ACTION


AQUA POWER SYSTEMS INC. )
)
Plaintiff, )
)
v. ) Case No. 2021-CA-004680-O
)
PARAMOUNT TRADING COMPANY INC. )
)
Defendant. )

ORDER****ON DEFAULT FINAL JUDGMENT & FINAL JUDGMENT

THIS CAUSE having been heard on Plaintiff Aqua Power System Inc.'s ("APSI") Motion for Default Judgment against Paramount Trading Company Inc. ("PTC"), 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. The Court declares the 2,690,000 shares of common stock in APSI issued to PTC over two transactions on or about October 1, 2015 and on or about July 14, 2017, currently held in Book Entry, void and are hereby cancelled. The Court reserves jurisdiction for enforcement of same. The clerk shall close the case.

ORDERED in Chambers in the Circuit Court of the Ninth Judicial Circuit, in and for Orange County, Florida, this 23rd day of September, 2021.

/s/<br>Regenald K. Whitehead
HONORABLE CIRCUIT COURT JUDGE

Copies furnished to:

All counsel of record.