Stony Hill Corp. (OTCMKTS:STNY) Files An 8-K Other Events
Item 8.01 – Other Events
On November 11, 2016, Stony Hill Corp., a Nevada corporation (the
Company), filed a Current Report on Form 8-K disclosing, among
other things, that the Company had entered into that certain
Share Exchange Agreement (the Share Exchange Agreement), by and
among the Company, Stony Hill Ventures Corp., a Nevada
corporation (Stony Hill Ventures), and the holders of common
stock of Stony Hill Ventures. As a result of the transactions
contemplated by the Share Exchange Agreement, Stony Hill Ventures
is now a wholly owned subsidiary of the Company.
In connection with the Share Exchange Agreement, the Company is
voluntarily disclosing (i) unaudited condensed financial
information dated September 30, 2016, of the Company and its
wholly owned subsidiary, Stony Hill Ventures Corp., under Exhibit
99.1 to this Current Report on Form 8-K, and (ii) unaudited pro
forma combined financial information dated September 30, 2016, of
Stony Hill Corp. and its wholly owned Subsidiary, Stony Hill
Ventures Corp., under Exhibit 99.2 to this Current Report on Form
8-K.
CAUTIONARY LANGUAGE CONCERNING FORWARD-LOOKING
STATEMENTS
Information set forth in this Current Report on Form 8-K
(including the exhibits attached hereto) contains forward-looking
statements within the meaning of the federal securities laws and
the Private Securities Litigation Reform Act of 1995. These
forward-looking statements are subject to a number of risks and
uncertainties. A discussion of factors that may affect future
results is contained in the Companys Current Report on Form 8-K
filed with the Securities and Exchange Commission (SEC) on
November 11, 2016, as such factors may be updated from time to
time in the Companys periodic filings with the SEC. The Company
disclaims any obligation to update forward-looking statements,
except as may be required by law.
Item 9.01 Financial Statements and Exhibits
(a) Financial Statements of Business Acquired.
Filed herewith as Exhibit 99.1 to this Form 8-K and incorporated
herein by reference is unaudited condensed financial information
dated September 30, 2016, of the Company and its wholly owned
subsidiary, Stony Hill Ventures Corp.
(b) Pro Forma Financial Information.
Filed herewith as Exhibit 99.2 to this Form 8-K and incorporated
herein by reference is unaudited pro forma combined financial
information of the Company, and its wholly owned subsidiary,
Stony Hill Ventures Corp., a Nevada corporation.
(d)Exhibits:
|
Exhibit |
Description |
|
99.1 |
Unaudited Condensed Financial Information dated September |
|
99.2 |
Unaudited Pro Forma Combined Financial Information dated |
About Stony Hill Corp. (OTCMKTS:STNY)
Stony Hill Corp, fomerly First Fixtures, Inc. is a shell company. The Company intends to market and sell kitchen and bathroom fixtures online through its intended Website. Its target customers will be home builders or home owners that have an interest in home renovations. It intends to deploy electronic marketing activities, such as Search Engine Optimization and online advertising. The Company intends to focus its marketing activities in North America. It intends to provide home kitchen and bathroom faucets, and faucet handles manufactured by Zhejiang Momali Sanitary Utensils Co., Ltd. Faucet finish will include oil rubbed bronze, brushed nickel and chrome plating. Tub/shower faucets will include deck mounted, wall mounted and freestanding with hand showers. Bathroom basin taps will include free standing and deck mount basin taps, while kitchen faucets will include wall mount and deck mount faucets with hand sprayers. As of March 31, 2016, the Company had not generated any revenues. Stony Hill Corp. (OTCMKTS:STNY) Recent Trading Information
Stony Hill Corp. (OTCMKTS:STNY) closed its last trading session 00.00 at 1.50 with 2,500 shares trading hands.