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): November 27, 2012
Embark Holdings, Inc.
(Exact Name of Registrant as Specified in Charter)
| Nevada | 0-27454 | 20-3161375 | ||
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) |
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27758 Santa Margarita Pkwy # 141
Mission Viejo, CA 92691 |
| (Address of Principal Executive Offices) (Zip Code) |
Registrant's telephone number, including area code: 888-932-2444
Godfather Media, Inc.
(Former name or former address, if changed since last report)
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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:
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| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |
Item 2.02. Results of Operations and Financial Condition.
On November 26, 2012 the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
Exhibit 99.1. Press release dated November 26, 2012
SIGNATURE
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 hereunto duly authorized.
| Date: November 27, 2012 |
Embark Holdings, Inc.
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By: |
/s/ MICHAEL CUMMINGS
Michael Cummings Chief Executive Officer and President |
EXHIBIT 99.1
MISSION VIEJO, Calif., Nov. 26, 2012 (GLOBE NEWSWIRE) -- Embark Holdings, Inc. (OTC Markets:GFMD) releases the unaudited financials of the first 9 months of 2012 and will release year end financials next year during the 1 st quarter.
| Income Statement | |
| January - September, 2012 | |
| Income | |
| Sales | $65,000.00 |
| Total Income | $65,000.00 |
| Gross Profit | $65,000.00 |
| Expenses | |
| Advertising | 1,725.00 |
| Auto | 464.17 |
| Bank Charges | 549.02 |
| Dues & Subscriptions | 228.95 |
| Insurance | 665.55 |
| Legal & Professional Fees | 477.10 |
| License and Permits | 761.29 |
| Office Expenses | 3,576.17 |
| Payroll Expenses | 20,812.49 |
| Rent or Lease of Buildings | 16,972.10 |
| Shipping, Delivery Expense | 593.57 |
| Stationery & Printing | 59.00 |
| Supplies | 2,050.00 |
| Travel | 3,947.82 |
| Utilities | 567.18 |
| Total Expenses | $53,449.41 |
| Net Operating Income | $11,550.59 |
| Net Income | $11,550.59 |
| Balance Sheet | |
| As of September 30 2012 | |
| ASSETS | |
| Current Assets | |
| Bank Accounts | |
| 12 - BUSINESSSELECT CHKG (3303) | -135.52 |
| Total Bank Accounts | $-135.52 |
| Accounts Receivable | |
| Accounts Receivable (A/R) | 35,000.00 |
| Total Accounts Receivable | $35,000.00 |
| Total Current Assets | $34,864.48 |
| TOTAL ASSETS | $34,864.48 |
| LIABILITIES AND EQUITY | |
| Liabilities | |
| Current Liabilities | |
| Accounts Payable | |
| Accounts Payable | 0.00 |
| Total Accounts Payable | $0.00 |
| Other Current Liabilities | |
| Loan Payable | 23,423.89 |
| Total Other Current Liabilities | $23,423.89 |
| Total Current Liabilities | $23,423.89 |
| Total Liabilities | $23,423.89 |
| Equity | |
| Opening Balance Equity | -110.00 |
| Retained Earnings | |
| Net Income | 11,550.59 |
| Total Equity | $11,440.59 |
| TOTAL LIABILITIES AND EQUITY | $34,864.48 |
About Embark Holdings, Inc.
Founded in 1985 and headquartered in Mission Viejo, California, United States, our business model is to research, evaluate, and acquire profitable private firms in the business segments of entertainment, technology, medical, energy, and business services for the benefit of our shareholders.
By providing the financial and human capital necessary to deal with the overwhelming administrative, planning, governance, compliance, and regulatory issues that abound, our partners can focus their energy and flourish.
Stay up-to-date with current events by joining Embark Holdings, Inc. E-Mail Alert List. Join by going to the following: investors@embarkholdings.com
FORWARD-LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the holding industry; the positioning of Embark Holdings in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether Embark Holdings can successfully gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.
CONTACT: Investor Contact Information:
Michael Cummings
Chairman, CEO and President
Email: info@embarkholdings.com