8-K 1 childrensinternet8k.htm 8K childrensinternet8k.htm
 

 
 
 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)
 
December 14, 2009
 
 
 
 
 The Children’s Internet, Inc.
 
 
(Exact name of registrant as specified in its charter)
 

 
 
 
Nevada
 
000-29611
 
20-1290331
 
(State or other jurisdiction of
 
(Commission File No.)
 
(I.R.S. Employer Identification No
 
Incorporation)
   
 
 
 
 
 
2377 Gold Meadow Way, Suite 100
Gold River, CA 95670
 
(Address of principal executive offices)
 
 
 
Registrant’s telephone number, including area code
 
(916) 631-1988
 

 

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 (see General Instruction A.2. below):
ð  
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
ð  
Soliciting Material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
ð  
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (CFR 240.14d-2(b))
ð  
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
Item 1.01                      Entry Into Material Definitive Agreement
 
 
 


 
On December 14, 2009 (the “Signing Date”), The Children’s Internet, Inc.(“CITC”)
 
entered into a Stock Purchase Agreement (the “Agreement”) with The Children’s Internet
 
Holding Company, LLC., a Delaware limited liability company (“TCI Holding”) and Intelligent
 
Choices of America, Inc., a Nevada corporation (“ICA”). Under the Agreement, TCI Holding and
 
ICA will purchase 10,000,000 shares of newly issued common stock for $500,000 (the
 
“Transaction”). The $500,000 will be used by CITC as working capital.

 
The Closing of the Transaction pursuant to the terms of the Agreement is scheduled for on, or
 
before, March 26, 2010. At the Closing, TCI Holding and ICA will deliver the purchase price of
 
$500,000 to CITC and CITC will deliver the 10,000,000 shares of newly issued common stock to
 
TCI Holding and ICA.

Item 9.01
Financial Statements and Exhibits


(c)           Exhibits.

Exhibit No.                      Description

1.1  
Stock Purchase Agreement


       SIGNATURES


Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized.
 
 
Date:           December 14, 2009


 
 THE CHILDREN’S INTERNET, INC.
 
 
 
 
 By:           /s/ Richard J. Lewis III
  ________________________________
 Richard J. Lewis III
 Chief Executive Officer
 Chairman of the Board