American Commerce Solutions, Inc. Form 8-K

 

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): April 13, 2016

 

American Commerce Solutions, Inc.

(Exact name of registrant as specified in its charter)

 

Florida

 

33-98682

 

05-0460102

(state or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification Number)

 

1400 Chamber Drive,

Bartow, Florida

 

33830

(address of principal executive offices)

 

(zip code)

 

(863) 533-0326

(registrant’s telephone number, including area code)

 

Not Applicable

(former name or former address, if changed since last report)

 

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):

 

¨ 

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 8.01 Other Events.


On April 13, 2016, the Companys wholly owned subsidiary, Best Way Auto and Truck Rental, Inc., was approved for a credit line of $1.6 million from Fleet Way Leasing Company in Feasterville, PA for the purchase of 70 new vehicles for the Company’s rental fleet.  This line of credit is based on a 24-month term.  Negotiations continue to increase the line to $3.5 million to finance a total of 145 vehicles.


Item 9.01. Financial Statements and Exhibits. 


Exhibit 99.1 – Press release dated April 13, 2016


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.

 

 

American Commerce Solutions, Inc.

 

 

 

 

 

Dated: April 21, 2016

 

/s/ Daniel L. Hefner

 

 

 

Daniel L. Hefner

 

 

 

President