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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna
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To: scion who wrote (7945)6/8/2011 3:36:48 PM
From: SteveFRead Replies (2) of 53574
 
LMAO!!!! Two more Domark 8K's yesterday: The first 8K rescinds the acquisition of "Silk for Less" announced less than two weeks ago... But then another 8K is filed 3 minutes later to announce the acquisition of "Silk for Less"!

Filing Date: 2011-06-06 12:01:51

ITEM 1.02. TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT

On June 3, 2011, Domark International, Inc. (the "Company") executed a mutual consent to rescind its acquisition of Silk For Less, Inc. with Silk and its shareholder.

A copy of the Mutual Consent to Rescind Agreement between the Company and Silk, and its shareholder is filed herewith as Exhibit 10.1. sec.gov

[Ex. 10.1, "MUTUAL CONSENT TO RESCIND AGREEMENT": sec.gov]

Filing Date: 2011-06-06 12:04:41

ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On June 3, 2011, Domark International, Inc. (the "Company") executed an Agreement for the Exchange of Common Stock with Silk For Less, Inc., a Florida corporation (Silk) providing for the issuance of convertible preferred stock of the Company in exchange for all of the outstanding shares of Silk.

The closing of the transaction is subject to and wholly conditioned upon the delivery of documents by both parties, including but not limited to the completion and delivery of an audit of the books and records of Silk by a PCAOB member firm acceptable to the Company.

A copy of the Agreement for the Exchange of Common Stock between the Company and Silk, and its shareholder is filed herewith as Exhibit 10.1. sec.gov

[Ex. 10.1, "COMMON STOCK EXCHANGE AGREEMENT": sec.gov]
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