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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION |
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Washington, DC
20549 |
FORM
8-K
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CURRENT
REPORT |
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Pursuant to Section 13
or 15(d) of the Securities Exchange Act of 1934 |
Date of Report
(Date of earliest event reported) May 28, 2008
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AMISH NATURALS,
INC.
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name of registrant as specified in its charter) |
| Nevada |
000-50662 |
98-0377768 |
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(State or other
jurisdiction of incorporation) |
(Commission File
Number) |
(IRS Employer
Identification No.) |
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8224 County Road 245,
Holmesville, Ohio 44633
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(Address of principal
executive offices) (Zip Code) |
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Registrant's
telephone number, including area code: (330) 674-0998
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(Former name or former
address, if changed since last report) |
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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):
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425) |
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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)) |
Item 8.01 Other Events
Pursuant to the Company Convertible
Note Financing as set forth in the Current Reports dated February 21, 2008 and September
4, 2007, the Conversion Price of the Senior Secured Notes is subject to adjustment in the
event the Company fails to meet certain financial milestones. The then current Conversion
Price shall be reset ten trading days after the required announcement of the financial
milestones to 75% of the Average Market Price (as defined in the Note), but only if such
reset results in a decrease in the Conversion Price. The financial milestones will be
determined on March 31, 2008, June 30, 2008 and every six months thereafter and are met by
achieving or exceeding net revenue goals.
On May 13, 2008, the Company
announced it had failed to meet its March 31, 2008 milestones of $3 million of net revenue
and $500,000 EBITDA milestones. As a result on May 28, 2008 the Conversion Price of the
Senior Secured Notes was reset to $0.4067.
SIGNATURE
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.
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| Date: June 2, 2008
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AMISH NATURALS, INC.
/s/ David C. Skinner, Sr.
David C. Skinner, Sr.
President and Chief Executive Officer
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