NXCHAIN INC. (OTCMKTS:NXCN) Files An 8-K Results of Operations and Financial ConditionItem 2.02
Item 8.01
Results of Operations and Financial Condition; AND
Other Events
NXChain Inc. (the “Registrant”) has not filed its Form 10-K by the August 29, 2017 deadline because Registrant is in process of acquire a new auditor since prior management did not pay the prior auditor that prepared Registrant’s Form 10-K. The new auditor may record transactions in a different manner than the prior auditor in Registrant’s financial statements. The new auditor’s review of the Registrant’s financial statements may take longer than a regular audit would. Registrant will timely file a Form 12b-25, stating these factors for which Registrant would miss this filing deadline.
Certain statements contained in this Form 8-K may be deemed to be forward-looking statements under federal securities laws and the Registrant intends that such forward-looking statements be subject to the safe-harbor created thereby. Such forward-looking statements include, but are not limited to those made in this disclosure. Registrant cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements. Additional information on factors is continued in the Registrant’s filings made with the Securities and Exchange Commission. The Registrant assumes no (and hereby disclaims) obligation to update the forward-looking statements contained in this Form 8-K.
About NXCHAIN INC. (OTCMKTS:NXCN)
NXChain Inc., formerly AgriVest Americas, Inc., is a shell company. The Company’s sole purpose is to locate and consummate a merger with or an acquisition of a private entity. The Company intends to engage in digital currency businesses, and at this time, its purpose is to seek, investigate and, if such investigation warrants, acquire an interest in business opportunities in such industry presented to it by persons or firms. The Company may seek a business opportunity with entities that have recently commenced operations, or that wish to utilize the public marketplace in order to raise additional capital in order to expand into new products or markets, to develop a new product or service, or for other corporate purposes. The Company may acquire assets and establish subsidiaries in various businesses or acquire existing businesses as subsidiaries. The Company did not record any revenues related to its operations during the fiscal years ended May 31, 2016.
