8-K: Current report filing
Published on November 12, 2008
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): November 10,
2008
EURO
TREND INC.
(Exact
name of registrant as specified in Charter)
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Nevada
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98-0530147
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(State
or other jurisdiction of
incorporation
or organization)
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(Commission
File No.)
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(IRS
Employee Identification No.)
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875
Merrick Avenue
Westbury, NY
11590
(Address
of Principal Executive Offices)
(212)
564-4922
(Issuer
Telephone number)
(Former
name, former address and former fiscal year,
if
changed since last report)
Copies of
communications to:
RICHARD
I. ANSLOW, ESQ.
ANSLOW
& JACLIN, LLP
195
Route 9 South, Suite 204
Manalapan,
NJ 07726
TELEPHONE
NO.: (732) 409-1212
FACSIMILE
NO.: (732) 577-1188
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))
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Item 1.01
Entry Into a Material Definitive Agreement.
On
November 10, 2008, our wholly owned subsidiary Data Storage Corporation (“Data
Storage”) entered into an Asset Purchase Agreement (the “Agreement”) with
Novastor Corporation (“Novastor”).
Data
Storage purchased all existing end user customers and associated licenses of
Novastor’s online backup service licenses as of October 31, 2008 and an
additional 500 client licenses in exchange for a maximum purchase price of
292,546.40. In conjunction with the Agreement, Novastor will provide Data
Storage technical and marketing support related to the online backup service
licenses.
Item 9.01 Financial Statement and
Exhibits.
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(a)
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FINANCIAL
STATEMENTS OF BUSINESS ACQUIRED.
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None
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(b)
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EXHIBITS
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EXHIBIT INDEX
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Exhibit
Number
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Description
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10.1
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Asset
Purchase Agreement
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this Report on Form 8-K to be signed on its behalf by the
undersigned hereunto duly authorized.
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EURO
TREND INC.
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Date: November
12, 2008
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By:
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/s/
Charles M. Piluso
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Charles
M. Piluso
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President,
Chief Executive Officer
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