FLASR, INC. (NASDAQ:MU) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.

On January 4, 2017, the Company entered into a Settlement Agreement with Rockwell Capital Partners, Inc. (“Rockwell”), whereby Rockwell acquired liabilities of the Company in an amount of $129,686.53 (the “Debt”), which was owed by the Company to various third parties related to legal and accounting services, as well as other service providers related to the Company’s operations.  The Company and Rockwell then entered into an Order Granting Approval of the Settlement Agreement, and Rockwell converted the Debt to a 3(a)(10) exemption into 10,000,000 shares of the Company’s common stock.  The conversions took place between January 4, 2017 and January 6, 2017.  The Debt has now been fully extinguished, and all remaining shares held in reserve for the conversion of the Debt have been returned to treasury.

Item 3.02 Unregistered Sales of Equity Securities.

Reference is made to the disclosure set forth under Item 1.01 of this Current Report on Form 8-K, which disclosure is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. The exhibits listed in the following Exhibit Index are filed as part of this Current Report on Form 8-K.

None.

About FLASR, INC. (NASDAQ:MU)

Micron Technology, Inc. is engaged in semiconductor systems. The Company’s portfolio of memory technologies, including dynamic random-access memory (DRAM), negative-AND (NAND) Flash and NOR Flash are the basis for solid-state drives, modules, multi-chip packages and other system solutions. Its business segments include Compute and Networking Business Unit (CNBU), which includes memory products sold into compute, networking, graphics and cloud server markets; Mobile Business Unit (MBU), which includes memory products sold into smartphone, tablet and other mobile-device markets; Storage Business Unit (SBU), which includes memory products sold into enterprise, client, cloud and removable storage markets, and SBU also includes products sold to Intel through its Intel/Micron Flash Technology (IMFT) joint venture, and Embedded Business Unit (EBU), which includes memory products sold into automotive, industrial, connected home and consumer electronics markets.

FLASR, INC. (NASDAQ:MU) Recent Trading Information

FLASR, INC. (NASDAQ:MU) closed its last trading session up +0.36 at 22.40 with 17,782,160 shares trading hands.