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Seguin Natural Hair Products (SNHR)

Filed: 11 Sep 17, 8:00pm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): September 11, 2017

SEGUIN NATURAL HAIR PRODUCTS INC.
(Exact name of registrant as specified in its charter)

Nevada333-20582235-7654530
State or other jurisdiction incorporation
 
Commission File Number
 
IRS Employer
Identification No.

65 Hillview Street,  Hamilton, Ontario, Canada L8S 2Z3
 
(Address of principal executive offices)
(Zip Code)
 
Registrant's telephone number, including area code:   (702)738-2051
 
 
104 Longwood Road South, Hamilton, Ontario, Canada L8S IS6
 
 
(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))
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.
Emerging Growth Company  ☒
 


 
Section 2-Financial Information

Item 2.03Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

On September 11, 2017, the Company issued its promissory note (“Note”) to a private lender in the principal amount of $10,000.00. The Note bears interest at the rate of 25% per annum based on a 365-day year and the Note is due and payable on demand of the holder.  The Note is unsecured and the entire principal and accrued interest balance will be due in a lump sum on demand of the holder.

The proceeds of the Note will be used for general administrative costs and expenses to be incurred by the Company.

The holder of the Note is the same lender referred to in the Company’s report on Form 8-K filed August 28, 2017.
 
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.
 
 
SEGUIN NATURAL HAIR PRODUCTS INC.
Dated: September 12, 2017
By: /s/Kimberly Wright
 
President and CEO