UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________
FORM 8-K/A-1
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
March 10, 2010 (February 11, 2010)
Calibert Explorations Ltd.
(Exact name of registrant as specified in its charter)
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NEVADA
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000-53346
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(State or other jurisdiction of incorporation)
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(Commission File No.)
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645 Bayway Boulevard,
Clearwater Beach, Fl 33767
(Address of principal executive offices and Zip Code)
727-442-2667
(Registrant's telephone number, including area code)
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 (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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ITEM 1.02
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TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT
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On February 23, 2010 we rescinded the Definitive Agreement to purchase certain assets of Megalink Global Corporation which we entered into on November 23, 2009 and which was filed with the SEC on a Form 8-K on December 2, 2009. The 500,000 restricted shares of common stock that were to be issued for the assets were never issued by us.
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ITEM 5.02
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DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
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On February 11, 2010 we appointed Peter Schuster as Secretary, Treasurer, and a member of the Board of Directors.
From 2006 to 2010, Mr. Schuster served as President of Awards and Incentives Inc., a web based marketing and sales company that developed and delivered premiums and incentives to large commercial entities, organizations, and affiliate groups requiring high volume lead generation and sales volume. From 2002 to 2006, Mr. Schuster served as a commercial realtor focused specifically on the marketing, development, entitlement and sales of large commercial marina operations, multi use commercial land sites targeted for mixed use development, and conversion of existing hospitality properties to mixed and fractional commercial use.
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ITEM 9.01
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FINANCIAL STATEMENTS AND EXHIBITS
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Exhibits
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Document Description
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10.1
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Rescission Agreement between Megalink Global, Inc. and Calibert Explorations, Ltd.
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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 hereunto duly authorized.
Dated this 27
th
day of April, 2010.
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CALIBERT EXPLORATIONS, LTD.
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BY:
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DAVID SALTRELLI
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David Saltrelli
President
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Exhibit 10.1
RESCISSION AGREEMENT
This Rescission Agreement (this “Rescission Agreement”), dated February 23, 2010, is made is made between Megalink Global, Inc. (“Seller”) and Calibert Explorations, Ltd., a Nevada corporation (the “Buyer”).
WHEREAS, on November 23, 2009, the Buyer and Seller entered into a Definitive Agreement (the “Definitive Agreement”); and,
WHEREAS, the Buyer and Seller desire to mutually rescind the Definitive Agreement.
NOW, THEREFORE, in consideration of the mutual promises contained herein, it is agreed as follows:
The Definitive Agreement entered into between the Buyer and Sellers on November 23, 2009 is hereby rescinded, set aside and held for naught and all consideration paid by either party is hereby returned to the respective parties.
IN WITNESS WHEREOF, the parties have executed this Rescission Agreement as of the date first above written.
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SELLER:
Megalink Global, Inc.
BY:
DAVID SALTRELLI
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David Saltrelli, President
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BUYER:
Calibert Explorations, Ltd.
BY:
DAVID SALTRELLI
David Saltrelli, President
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