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<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B><BR>
<B>SECURITIES AND EXCHANGE COMMISSION</B><BR>
<B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center">_________________</P>

<P STYLE="font: 10pt Cambria, Times, Serif; text-align: center; margin-right: 0; margin-left: 0"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Cambria, Times, Serif; text-align: center; margin-right: 0; margin-left: 0"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Cambria, Times, Serif; text-align: center; margin-right: 0; margin-left: 0">Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934</P>

<P STYLE="font: 10pt Cambria, Times, Serif; text-align: center; margin-right: 0; margin-left: 0">Date of Report (Date of earliest
event reported): February 26<B>, </B>2014</P>

<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center"><B>FORMCAP CORP.</B></P>

<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its charter)</P>

<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

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    <TD STYLE="width: 34%">
        <P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center"><B>Nevada </B></P>
        <P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center">(State or Other Jurisdiction of Incorporation)</P></TD>
    <TD STYLE="width: 28%">
        <P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center"><B>000-28847</B></P>
        <P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center">(Commission File Number)</P></TD>
    <TD STYLE="width: 38%">
        <P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center"><B>1006772219</B></P>
        <P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center">(IRS Employer Identification No.)</P></TD></TR>
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<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0">&nbsp;</P>

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    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center"><B>50 West Liberty Street, Suite 880<BR>
        Reno, Nevada</B></P>
        <P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center">(Address of Principal Executive Offices )</P></TD>
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>
        <P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center"><B>89501</B></P>
        <P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center">(Zip Code)</P></TD></TR>
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<P STYLE="font: 10pt Cambria, Times, Serif; margin-right: 0; margin-left: 0">Registrant&rsquo;s telephone number, including area
code:&nbsp;&nbsp; <B>(775) 285-5775</B></P>

<P STYLE="font: 10pt Cambria, Times, Serif; margin-right: 0; margin-left: 0">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:</P>

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    <TD STYLE="width: 5%; font: 10pt Times New Roman, Times, Serif">[_]</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 95%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Cambria, Times, Serif">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></TD></TR>
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<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0">&nbsp;</P>

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    <TD STYLE="width: 5%; font: 10pt Times New Roman, Times, Serif">[_]</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 95%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Cambria, Times, Serif">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%; font: 10pt Times New Roman, Times, Serif">[_]</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 95%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Cambria, Times, Serif">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%">
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    <TD STYLE="width: 5%; font: 10pt Times New Roman, Times, Serif">[_]</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 95%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Cambria, Times, Serif">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>




<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0">As used in this report, the terms &quot;we&quot;, &ldquo;us&quot;, &ldquo;our&quot;,
the &ldquo;Company&quot; refer to Formcap Corp., a Nevada corporation.</P>

<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Cambria, Times, Serif; letter-spacing: -0.1pt"><B>ITEM
1.01 &ndash;</B></FONT><B><FONT STYLE="font-family: Cambria, Times, Serif"> </FONT><FONT STYLE="color: #222222">Entry into a Material
Definitive Agreement.</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white; color: #222222; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white; color: #222222">Ironridge Global IV, Ltd.
(&ldquo;Ironridge&rdquo;) purchased from various creditors of Formcap Corp (the &ldquo;Company&rdquo; or &ldquo;Registrant&rdquo;),
bona fide claims held by those creditors against the Registrant in the aggregate amount of $671,938.90 (the &ldquo;Claim Amount&rdquo;).&nbsp;&nbsp;Subsequently,
the Registrant offered to settle those claims in exchange for the issuance of unrestricted and fully tradable shares of the Registrant&rsquo;s
common stock.&nbsp;&nbsp;Ironridge accepted the Registrant&rsquo;s settlement offer, subject to a hearing on the fairness of the
settlement terms.&nbsp;&nbsp;On February 21, 2014, the Registrant, Ironridge and the CEO of the Registrant entered into a Stipulation
Order for the settlement on the terms agreed on by Ironridge and the Registrant.&nbsp;&nbsp;On February 21, 2014, a California
Superior Court for the County of Los Angeles (the &ldquo;State Court&rdquo;) held a hearing on the fairness of the Registrant&rsquo;s
settlement offer to Ironridge.&nbsp;&nbsp;Pursuant to the court order issued by the State Court on February 21, 2014, the shares
of the Registrant&rsquo;s common stock will be deemed issued in settlement of the claims (subject to certain adjustments based
on the future trading value of the stock) when delivered to Ironridge.&nbsp;&nbsp;On February 24, 2014 the Registrant&rsquo;s transfer
agent delivered to Ironridge 10,000,000 shares of the Registrant&rsquo;s common stock.&nbsp;&nbsp;The shares issued to Ironridge
are freely tradable and exempt from registration under the Securities Act of 1933, as amended (the &ldquo;Securities Act&rdquo;)
pursuant to Section 3(a)(10) of the Securities Act and Section 25017(f)(3) of the California Corporations Code.&nbsp;&nbsp;The
number of shares issued to Ironridge is subject to adjustment based trading price of the Registrant&rsquo;s stock such that the
value of the shares is sufficient to cover the Claim Amount, a 10% agent fee amount and Ironridge&rsquo;s reasonable legal fees
and expenses ( the &ldquo;Final Amount&rdquo;).&nbsp;&nbsp;Under the Stipulation Order, Ironridge may not be the beneficial owner
of more than 9.99% of the Registrant&rsquo;s outstanding shares of common stock until the Final Amount is paid.&nbsp;&nbsp;Further
Ironridge has agreed not to exercise any voting rights of the shares issued to it nor influence or cause any change in control
of the Registrant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white; color: #222222">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white; color: #222222">FormCap has paid Kerr and
Keta one hundred and seventy-five thousand dollars ($175,000) to February 26, 2014 to be applied towards the purchase of 875 acres
with the balance of $305,000 to be paid directly by Ironridge to Kerr and Keta as per debt settlement agreement dated February
21, 2014. Upon closing FormCap will have acquired a total of 2400 acres of prospective oil and gas leases for a total cost of four
hundred and eighty thousand dollars ($480,000) from Kerr and Keta and will own 100% of the Leases (80% net revenue to FormCap;
20% freehold royalty), and will be operator. FormCap will have the option to purchase additional leases in Cowley County from Kerr
and Keta under an Area of Mutual Interest (&ldquo;AMI&rdquo;), the terms of which are set forth in the Agreement. FormCap is required
to drill one (1) well in each of the first two (2) years of the Lease term to maintain its interest in the Leases.</P>

<P STYLE="font: 10pt/14pt Times New Roman, Times, Serif; margin: 0; color: #222222">&nbsp;</P>

<P STYLE="font: 10pt/14pt Times New Roman, Times, Serif; margin: 0; color: #222222">&nbsp;</P>

<P STYLE="font: 10pt/14pt Cambria, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%">
<TR>
    <TD STYLE="width: 12%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Cambria, Times, Serif"><B>Item 9.01</B> </FONT></TD>
    <TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 87%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Cambria, Times, Serif"><B>Financial Statements and Exhibits.</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/14pt Cambria, Times, Serif; margin: 0">(d) Exhibits.</P>

<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: justify">None</P>

<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">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.</P>

<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0">Date: February 26, 2014 &#9;<FONT STYLE="text-transform: uppercase">FORMCAP
CORP</FONT></P>

<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0">&#9; By: <U>/s/ Graham Douglas&#9; </U></P>

<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0">&#9;Graham Douglas</P>

<P STYLE="font: 10pt Cambria, Times, Serif; margin: 0">&#9;Chief Executive Officer</P>



<P STYLE="margin: 0"></P>

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{"company-data": {"conformed-name": "FORMCAP CORP.", "cik": "0001102709", "assigned-sic": "7372", "irs-number": "650260846", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-28847", "film-number": "14646012"}, "business-address": {"street1": "50 WEST LIBERTY STREET", "street2": "SUITE 880", "city": "RENO", "state": "NV", "zip": "89501", "phone": "(775) 285-5775"}, "mail-address": {"street1": "50 WEST LIBERTY STREET", "street2": "SUITE 880", "city": "RENO", "state": "NV", "zip": "89501"}, "former-company": [{"former-conformed-name": "GRAVITAS INTERNATIONAL INC", "date-changed": "20020208"}, {"former-conformed-name": "WTAA INTERNATIONAL INC /FL/", "date-changed": "20000711"}, {"former-conformed-name": "TEMPUS INC", "date-changed": "20000106"}]}
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): February 26
,
2014
FORMCAP CORP.
(Exact name of registrant as specified in its charter)
Nevada
(State or Other Jurisdiction of Incorporation)
000-28847
(Commission File Number)
1006772219
(IRS Employer Identification No.)
50 West Liberty Street, Suite 880
Reno, Nevada
(Address of Principal Executive Offices )
89501
(Zip Code)
Registrant's telephone number, including area
code:
(775) 285-5775
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:
[_]
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))
As used in this report, the terms "we", "us", "our",
the "Company" refer to Formcap Corp., a Nevada corporation.
ITEM
1.01 –
Entry into a Material
Definitive Agreement.
Ironridge Global IV, Ltd.
("Ironridge") purchased from various creditors of Formcap Corp (the "Company" or "Registrant"),
bona fide claims held by those creditors against the Registrant in the aggregate amount of $671,938.90 (the "Claim Amount").  Subsequently,
the Registrant offered to settle those claims in exchange for the issuance of unrestricted and fully tradable shares of the Registrant's
common stock.  Ironridge accepted the Registrant's settlement offer, subject to a hearing on the fairness of the
settlement terms.  On February 21, 2014, the Registrant, Ironridge and the CEO of the Registrant entered into a Stipulation
Order for the settlement on the terms agreed on by Ironridge and the Registrant.  On February 21, 2014, a California
Superior Court for the County of Los Angeles (the "State Court") held a hearing on the fairness of the Registrant's
settlement offer to Ironridge.  Pursuant to the court order issued by the State Court on February 21, 2014, the shares
of the Registrant's common stock will be deemed issued in settlement of the claims (subject to certain adjustments based
on the future trading value of the stock) when delivered to Ironridge.  On February 24, 2014 the Registrant's transfer
agent delivered to Ironridge 10,000,000 shares of the Registrant's common stock.  The shares issued to Ironridge
are freely tradable and exempt from registration under the Securities Act of 1933, as amended (the "Securities Act")
pursuant to Section 3(a)(10) of the Securities Act and Section 25017(f)(3) of the California Corporations Code.  The
number of shares issued to Ironridge is subject to adjustment based trading price of the Registrant's stock such that the
value of the shares is sufficient to cover the Claim Amount, a 10% agent fee amount and Ironridge's reasonable legal fees
and expenses ( the "Final Amount").  Under the Stipulation Order, Ironridge may not be the beneficial owner
of more than 9.99% of the Registrant's outstanding shares of common stock until the Final Amount is paid.  Further
Ironridge has agreed not to exercise any voting rights of the shares issued to it nor influence or cause any change in control
of the Registrant.
FormCap has paid Kerr and
Keta one hundred and seventy-five thousand dollars ($175,000) to February 26, 2014 to be applied towards the purchase of 875 acres
with the balance of $305,000 to be paid directly by Ironridge to Kerr and Keta as per debt settlement agreement dated February
21, 2014. Upon closing FormCap will have acquired a total of 2400 acres of prospective oil and gas leases for a total cost of four
hundred and eighty thousand dollars ($480,000) from Kerr and Keta and will own 100% of the Leases (80% net revenue to FormCap;
20% freehold royalty), and will be operator. FormCap will have the option to purchase additional leases in Cowley County from Kerr
and Keta under an Area of Mutual Interest ("AMI"), the terms of which are set forth in the Agreement. FormCap is required
to drill one (1) well in each of the first two (2) years of the Lease term to maintain its interest in the Leases.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits.
None
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.
Date: February 26, 2014
FORMCAP
CORP
By:
/s/ Graham Douglas
Graham Douglas
Chief Executive Officer