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AIM EXPLORATION INC. FILES (8-K) Disclosing Unregistered Sale of Equity Securities, Material Modification to Rights of Security Holders, Changes in Control or Registrant, Financial Statements and Exhibits

September 4, 2014



Item 3.02. Unregistered Sales of Equity Securities.

On September 3, 2014, Aim Exploration Inc. (the "Company") issued 100,000 shares of Series A Preferred Stock to its director Guil Rivera. The issuance of the Series A Preferred Stock to the Shareholders were made in consideration for services provided to the Company. The shares were issued in reliance upon the exemptions from the registration requirements of the Securities Act of 1933, as amended, afforded the Company under Regulation S as the securities were issued in an "offshore transaction", as defined in Rule 902(h) of Regulation and the Company did not engage in any directed selling efforts, as defined in Regulation S, in the United States in connection with the sale of the securities. The stockholder was not a U.S. person, as defined in Regulation S, and was not acquiring the securities for the account or benefit of a U.S. person.

Item 3.03. Material Modification to Rights of Security Holders



On August 8, 2014, the Company filed a Certificate of Designation of Series A Preferred Stock (the "Certificate of Designation") with the Nevada Secretary of State designating 1,000,000 of the Company's previously authorized preferred stock. The holders of the Series A Preferred Stock are granted 67% voting power on all matters to be voted on by the holders of the Company's common stock and is not convertible into any shares of the Company's common stock. With respect to rights on liquidation, dissolution or winding up, shares of Series A Preferred Stock rank on a parity with the Company's common stock. The foregoing description of the terms of the Series A Preferred Stock is qualified in its entirety by the provisions of Certificate of Designation filed as Exhibit 3.1 hereto.

Item 5.01. Changes in Control of Registrant.



Pursuant to the share issuance stated in Item 3.02 above, Guil Rivera now has voting control over 67% of the Company's voting stock.

To the knowledge of the Company, there are no arrangements, including any pledge by any person of securities of the Company, the operation of which may at a subsequent date result in a further change in control of the Company.

Item 9.01 Financial Statements And Exhibits (d) Exhibits



Exhibit Number Description of Exhibit

3.1 Certificate of Designation


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Source: Edgar Glimpses


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