Current Report Filing (8-k)
August 14 2019 - 5:08AM
Edgar (US Regulatory)
UNITED
STATES
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): August 6, 2019
GLOBAL
HEALTHCARE REIT, INC.
(Exact Name of Registrant as Specified in its Charter)
|
Utah
|
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0-15415
|
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87-0340206
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(State
or other jurisdiction
of incorporation)
|
|
Commission
File
Number
|
|
(I.R.S.
Employer
Identification
number)
|
6800
N. 79
th
St., Ste. 200, Niwot, CO 80503
(Address
of principal executive offices)
Registrant’s
telephone number, including area code:
(303) 449-2100
(Former
name or former address, if changed since last report)
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[ ]
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Written
communications pursuant to Rule 425 under the Securities Act
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
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Securities
registered pursuant to Section 12(b) of the Act:
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Title
of each Class
|
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Trading
Symbol
|
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Name
of each exchange on which registered
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N/A
|
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N/A
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N/A
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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company [X]
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
[ ]
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ITEM
1.01
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ENTRY
INTO A MATERIAL DEFINITIVE AGREEMENT
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Effective
August 6, 2019, Global Healthcare REIT, Inc. (the “Company”) purchased the commercial note held by F&M Bank and
made by the Receivership Estate of Healthcare Management of Oklahoma LLC, (“HMO”) as debtor, in the principal amount
of $694,608.82 (“F&M Note”). This purchase was made to facilitate the termination of the Receivership and transfer
of the HMO assets and operations, subject to the approval of the Oklahoma Department of Health, to Southern Hills Rehab Center,
LLC, a wholly-owned subsidiary of the Company. A copy of the Loan Document Purchase and Assignment Agreement is filed herewith
as Exhibit 10.1
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ITEM
9.01
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FINANCIAL
STATEMENTS AND EXHIBITS
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SIGNATURES
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 thereunto duly authorized.
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Global
Healthcare REIT, Inc.
(Registrant)
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Dated:
August 13, 2019
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/s/
Zvi Rhine
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Zvi
Rhine, President
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