<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>SEC873.indd</TITLE>
<META NAME="author" CONTENT="josephs">
<META NAME="date" CONTENT="2017-01-25T11:12:00Z">
</HEAD>
<BODY style="margin-top:0;font-family:'Times New Roman'; font-size:10pt; color:#000000">
<DIV style="width:734.667px"><P style="margin:0px"><BR></P>
<DIV style="width:176.333px">
<P style=margin-top:5.067px;margin-bottom:-1pt;font-size:1pt /><P style="line-height:12.1pt; margin-top:0px; margin-bottom:-2px; text-indent:5px; width:103.467px; font-family:'Calibri,Times New Roman'; color:#231F20; float:left">OMB Number:</P>
<P style="line-height:12.1pt; margin:0px; padding-left:5px; text-indent:-2px; width:176.333px; font-family:'Calibri,Times New Roman'; color:#231F20">3235-0060</P>
<P style=margin-top:0.067px;margin-bottom:-1pt;font-size:1pt /><P style="margin-top:0px; margin-bottom:-2px; text-indent:5px; width:78.467px; font-family:'Calibri,Times New Roman'; color:#231F20; clear:left; float:left">Expires:</P>
<P style="margin:0px; padding-left:5px; padding-right:13.4px; text-indent:-2px; width:176.333px; font-family:'Calibri,Times New Roman'; color:#231F20">March 31, 2018</P>
<P style=margin-top:0.067px;margin-bottom:-1pt;font-size:1pt /><P style="margin-top:0px; margin-bottom:-2px; text-indent:5px; width:288px; font-family:'Calibri,Times New Roman'; color:#231F20; clear:left; float:left">Estimated average burden hours per response</P>
<P style="margin:0px; padding-left:5px; padding-right:13.4px; text-indent:-2px; width:176.333px; font-family:'Calibri,Times New Roman'; color:#231F20">5.71</P>
</DIV>
<P style="margin-top:5.4px; margin-bottom:0px; padding-left:120.4px; padding-right:120.4px; font-size:11pt; color:#231F20; clear:left" align=center>UNITED STATES</P>
<P style="margin-top:0.6px; margin-bottom:0px; padding-left:120.4px; padding-right:120.4px; color:#231F20" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin-top:0.6px; margin-bottom:0px; padding-left:120.4px; padding-right:120.4px; color:#231F20" align=center><B>Washington, D.C. 20549</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:120.4px; padding-right:116.467px; font-size:14pt; color:#231F20" align=center>FORM 8-K</P>
<P style="margin-top:14.867px; margin-bottom:0px; padding-left:120.4px; padding-right:120.133px; font-size:12pt; color:#231F20" align=center><B>CURRENT REPORT</B></P>
<P style="margin-top:0.867px; margin-bottom:0px; padding-left:120.4px; padding-right:120.4px; font-size:12pt; color:#231F20" align=center><B>Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934</B></P>
<P style="margin-top:0.533px; margin-bottom:0px"><BR></P>
<P style="margin:0px; padding-left:8px; color:#231F20">Date of Report (Date of earliest event reported) <U>&nbsp;January 20, 2017</U></P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0.533px; margin-bottom:0px"><BR></P>
<P style="margin-top:0.533px; margin-bottom:0px" align=center><B>NGFC EQUITIES, INC.</B></P>
<P style="margin-top:5px; margin-bottom:0px; padding-left:200px; color:#231F20">(Exact name of registrant as specified in its charter)</P>
<P style="margin:0px"><BR></P>
<P style=margin-top:0.267px;margin-bottom:-1pt;font-size:1pt /><P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:288px; font-size:10.5pt; float:left">&nbsp;&nbsp;Florida</P>
<P style="margin-top:0px; margin-bottom:-2px; width:288px; font-size:10.5pt; float:left">000-55456</P>
<P style="margin:0px; text-indent:-2px; font-size:10.5pt">46-3914127</P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=257.067 /><TD width=240.4 /><TD width=222.4 /></TR>
<TR><TD style="margin-top:0px; padding:0px; border-top:1px solid #221E1F" valign=top width=257.067 height=17.333><P style="margin-top:0.6px; margin-bottom:0px; color:#231F20; clear:left" align=right>(State or other jurisdiction of incorporation)</P>
</TD><TD style="margin-top:0px; padding:0px; border-top:1px solid #221E1F" valign=top width=240.4 height=17.333><P style="margin-top:0.6px; margin-bottom:0px; padding-right:77.333px; color:#231F20" align=right>(Commission File Number)</P>
</TD><TD style="margin-top:0px; padding:0px; border-top:1px solid #221E1F" valign=top width=222.4 height=17.333><P style="margin-top:0.6px; margin-bottom:0px; padding-right:1.867px; color:#231F20" align=center>(IRS Employer Identification No.)</P>
</TD></TR>
<TR><TD style="margin-top:0px; padding:0px" valign=top width=257.067 height=21.333><P style="line-height:11.2pt; margin:0px" align=right><BR></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=240.4 height=21.333><P style="line-height:11.2pt; margin:0px" align=right><BR></P>
</TD><TD style="margin-top:0px; padding:0px" valign=top width=222.4 height=21.333><P style="line-height:11.2pt; margin:0px" align=center><BR></P>
</TD></TR>
</TABLE>
<P style=margin-top:0.267px;margin-bottom:-1pt;font-size:1pt /><P style="margin-top:0px; margin-bottom:-2px; width:576px; font-size:10.5pt; float:left">&nbsp;&nbsp;&nbsp;&nbsp;<U>7135 Collins Ave No. 624</U></P>
<P style="margin:0px; text-indent:-2px; font-size:14.5pt">&nbsp;&nbsp;&nbsp;<FONT style="font-size:10.5pt"><U>33134</U></FONT></P>
<P style=margin-top:5px;margin-bottom:-1pt;font-size:1pt /><P style="margin-top:0px; margin-bottom:-2px; text-indent:8px; width:583.933px; color:#231F20; clear:left; float:left">(Address of principal executive offices)</P>
<P style="margin:0px; padding-left:8px; padding-right:43.067px; text-indent:-2px; color:#231F20">(Zip Code) Registrant<font style="font-family:'Arial Unicode MS,Times New Roman'">&#8217;</font>s telephone number, including area code &nbsp;<U>305-865-8193</U></P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:5px; margin-bottom:0px; padding-left:120.4px; padding-right:120.4px; color:#231F20" align=center>(Former name or former address, if changed since last report.)</P>
<P style="margin-top:7.333px; margin-bottom:0px; padding-left:8px; text-indent:-0.067px; color:#231F20">Check the appropriate box below if the Form 8-K fi ling is intended to simultaneously satisfy the fi ling obligation of the registrant under any of the following provisions (<U>see </U>General Instruction A.2. below):</P>
<P style="margin-top:0.333px; margin-bottom:0px"><BR></P>
<P style="margin:0px; padding-left:8px; padding-right:229.733px; color:#231F20">[ ] 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)</P>
<P style="margin-top:0.533px; margin-bottom:0px; padding-left:8px; color:#231F20">[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
<P style="margin-top:0.2px; margin-bottom:0px"><BR></P>
<P style="margin:0px; padding-left:8px; color:#231F20">[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
<P style="margin-top:0.067px; margin-bottom:0px"><BR></P>
<P style="line-height:11.4pt; margin:0px"><FONT style="background-color:#FFFFFF"><B>Item 1.01 Entry into a Material Definitive Agreement.</B></FONT></P>
<P style="margin-top:0.067px; margin-bottom:0px"><BR></P>
<P style="line-height:11.4pt; margin:0px"><FONT style="background-color:#FFFFFF">On </FONT><FONT style="background-color:#FFFFFF">January 5, 2017</FONT><FONT style="background-color:#FFFFFF">, </FONT><FONT style="background-color:#FFFFFF">NGFC Equities Inc.</FONT><FONT style="background-color:#FFFFFF"> (the &quot;Company&quot;,</FONT><FONT style="background-color:#FFFFFF"> <font style="font-family:'Arial Unicode MS,Times New Roman'">&#8220;</font>NGFC<font style="font-family:'Arial Unicode MS,Times New Roman'">&#8221;</font>,</FONT><FONT style="background-color:#FFFFFF"> &quot;we&quot;, or &quot;us&quot;) entered into a Share Exchange Agreement (&quot;Agreement&quot;) with </FONT><FONT style="background-color:#FFFFFF">Quest Energy</FONT><FONT style="background-color:#FFFFFF"> Inc., (&quot;</FONT><FONT style="background-color:#FFFFFF">Quest</FONT><FONT style="background-color:#FFFFFF">&quot;), a private company </FONT><FONT style="background-color:#FFFFFF">incorporated in the State of Indiana </FONT><FONT style="background-color:#FFFFFF">with offices at </FONT><FONT style="background-color:#FFFFFF">8856 South</FONT><FONT style="background-color:#FFFFFF"> </FONT><FONT style="background-color:#FFFFFF">S</FONT><FONT style="background-color:#FFFFFF">treet, </FONT><FONT style="background-color:#FFFFFF">Fishers</FONT><FONT style="background-color:#FFFFFF">,</FONT><FONT style="background-color:#FFFFFF"> </FONT><FONT style="background-color:#FFFFFF">I</FONT><FONT style="background-color:#FFFFFF">N</FONT><FONT style="background-color:#FFFFFF"> 46038.</FONT><FONT style="background-color:#FFFFFF">&#160; At the cl</FONT><FONT style="background-color:#FFFFFF">osing of the Agreement (which was</FONT><FONT style="background-color:#FFFFFF"> contingent upon a 80% reconfirmation vote under Rule 419 and other closing conditions), pursuant to the terms of the Agreement, </FONT><FONT style="background-color:#FFFFFF">4,817,792 of newly authorized Series A Preferred Stock</FONT><FONT style="background-color:#FFFFFF">, par value $0.0001 per share (the &quot;Common Stock&quot;) will be issued to </FONT><FONT style="background-color:#FFFFFF">Quest</FONT><FONT style="background-color:#FFFFFF"> shareholders holding 100% of the issued and outstanding common shares of </FONT><FONT style="background-color:#FFFFFF">Quest</FONT><FONT style="background-color:#FFFFFF">. </FONT><FONT style="background-color:#FFFFFF">The Series A Preferred </FONT><FONT style="background-color:#FFFFFF">S</FONT><FONT style="background-color:#FFFFFF">tock shall be convertible into common stock of the Company at the sole option of the holder of such Series A Preferred Stock at a rate of 100 shares of Common Stock per share of Series A Preferred</FONT><FONT style="background-color:#FFFFFF"> Stock</FONT><FONT style="background-color:#FFFFFF">, which represents a legal and equitable equity ownership in the Company immediately post-closing of 95% of the Common Stock outstanding. The Series </FONT><FONT style="background-color:#FFFFFF">A</FONT><FONT style="background-color:#FFFFFF"> Preferred Stock shall have full voting rights in the Company on an <font style="font-family:'Arial Unicode MS,Times New Roman'">&#8220;</font>as-converted<font style="font-family:'Arial Unicode MS,Times New Roman'">&#8221;</font> basis with each share of Series A Preferred Stock having the right to vote 1,000 shares of common stock per share of Series A Preferred Stock.</FONT></P>
<P style="line-height:11.4pt; margin:0px"><BR></P>
<P style="line-height:11.4pt; margin:0px"><FONT style="background-color:#FFFFFF">The closing of the transac</FONT><FONT style="background-color:#FFFFFF">tion was</FONT><FONT style="background-color:#FFFFFF"> subject</FONT><FONT style="background-color:#FFFFFF">ed</FONT><FONT style="background-color:#FFFFFF"> to filing amended Articles of Incorporation and filing </FONT><FONT style="background-color:#FFFFFF">a </FONT><FONT style="background-color:#FFFFFF">Form 14C with the SEC.</FONT><FONT style="background-color:#FFFFFF"> We </FONT><FONT style="background-color:#FFFFFF">filed Form</FONT><FONT style="background-color:#FFFFFF"> 14C PRE on January 5, 2017 and filed Form 14C DEF on January </FONT><FONT style="background-color:#FFFFFF">17, </FONT><FONT style="background-color:#FFFFFF">2017.</FONT><FONT style="background-color:#FFFFFF"> </FONT><FONT style="background-color:#FFFFFF">We filed the Amended Articles of Incorporation on January </FONT><FONT style="background-color:#FFFFFF">18,</FONT><FONT style="background-color:#FFFFFF"> 2017</FONT><FONT style="background-color:#FFFFFF"> with the State of Florida and received the </FONT><FONT style="background-color:#FFFFFF">certification of </FONT><FONT style="background-color:#FFFFFF">Amended and Restated Articles of Incorporation from the State of Florida on January 20, 2017.</FONT></P>
<P style="line-height:11.4pt; margin:0px"><BR></P>
<P style="line-height:11.4pt; margin:0px"><FONT style="background-color:#FFFFFF">Quest Energy Inc</FONT><FONT style="background-color:#FFFFFF">.,</FONT><FONT style="background-color:#FFFFFF"> is a State of Indiana corporation founded in June 11, 2015 and engaged in </FONT><FONT style="background-color:#FFFFFF">diversified energy services including </FONT><FONT style="background-color:#FFFFFF">mining, processing and logistics, with a primary focus on traditional energy sources such as coal and oil and gas. Quest plans to expand its</FONT><FONT style="background-color:#FFFFFF"> business by </FONT><FONT style="background-color:#FFFFFF">continuing to develop </FONT><FONT style="background-color:#FFFFFF">its currently</FONT><FONT style="background-color:#FFFFFF"> leased properties </FONT><FONT style="background-color:#FFFFFF">and </FONT><FONT style="background-color:#FFFFFF">further </FONT><FONT style="background-color:#FFFFFF">expanding its </FONT><FONT style="background-color:#FFFFFF">processing and logistics business</FONT><FONT style="background-color:#FFFFFF">,</FONT><FONT style="background-color:#FFFFFF"> and </FONT><FONT style="background-color:#FFFFFF">through the pursuit of </FONT><FONT style="background-color:#FFFFFF">strategic acquisitions.</FONT><FONT style="font-family:'Segoe UI,Times New Roman'; color:#FF0000; background-color:#FFFFFF">&#160;</FONT></P>
<P style="line-height:11.4pt; margin:0px"><BR></P>
<P style="margin-top:3.467px; margin-bottom:0px" align=justify><BR>
<BR></P>
<P style="margin-top:3.467px; margin-bottom:0px; color:#231F20; page-break-before:always" align=justify><B>Item 5.03 Amendments to Articles of Incorporation or Bylaws.</B></P>
<P style="margin-top:3.467px; margin-bottom:0px" align=justify><BR></P>
<P style="margin-top:3.467px; margin-bottom:0px" align=justify>Pursuant the Share Exchange Agreement signed on January 5, 2017 the Company filed an amendment to the Articles of Incorporation to change the following:</P>
<P style=margin-top:3.467px;margin-bottom:-1pt;font-size:1pt /><P style="margin-top:0px; margin-bottom:-2px; text-indent:24px; width:48px; float:left"><B>1.</B></P>
<P style="margin:0px; padding-left:48px; text-indent:-2px" align=justify>To increase the authorized number of shares of capital stock of the Company from three hundred million (300,000,000) to one billion (1,000,000,000) total authorized shares with nine hundred and ninety million (990,000,000) of the authorized shares being designated as Class A Common Stock.</P>
<P style=margin-top:3.467px;margin-bottom:-1pt;font-size:1pt /><P style="margin-top:0px; margin-bottom:-2px; text-indent:24px; width:48px; clear:left; float:left"><B>2.</B></P>
<P style="margin:0px; padding-left:48px; text-indent:-2px" align=justify>Eliminate Class B Common Stock. </P>
<P style=margin-top:3.467px;margin-bottom:-1pt;font-size:1pt /><P style="margin-top:0px; margin-bottom:-2px; text-indent:24px; width:48px; clear:left; float:left"><B>3.</B></P>
<P style="margin:0px; padding-left:48px; text-indent:-2px" align=justify>To designate five million (5,000,000) of the ten million (10,000,000) authorized Preferred Stock as Series A Preferred Stock with one thousand votes for each share of Preferred Stock and keep the other five million (5,000,000) authorized Preferred Stock as <font style="font-family:'Arial Unicode MS,Times New Roman'">&#8220;</font>blank check<font style="font-family:'Arial Unicode MS,Times New Roman'">&#8221;</font> Preferred Stock.</P>
<P style="margin-top:3.467px; margin-bottom:0px; clear:left" align=justify><BR></P>
<P style="margin:0px; color:#231F20" align=justify><B>Item 5.07 Submission of Matters to a Vote of Security Holders.</B></P>
<P style="margin:0px" align=justify><BR></P>
<P style="line-height:11.4pt; margin:0px"><FONT style="background-color:#FFFFFF">Pursuant the share exchange agreement signed on</FONT><FONT style="background-color:#FFFFFF"> January 5, 2017</FONT><FONT style="background-color:#FFFFFF"> the Co</FONT><FONT style="background-color:#FFFFFF">mpany filed Form </FONT><FONT style="background-color:#FFFFFF">14C</FONT><FONT style="background-color:#FFFFFF"> PRE</FONT><FONT style="background-color:#FFFFFF"> with</FONT><FONT style="background-color:#FFFFFF"> the </FONT><FONT style="background-color:#FFFFFF">SEC on</FONT><FONT style="background-color:#FFFFFF"> January 5, 2017 </FONT><FONT style="background-color:#FFFFFF">to give notice to all stockholders of NGFC that the majority shareholders have approved the share exchange agreement and the amendment to the Articles of </FONT><FONT style="background-color:#FFFFFF">Incorporation</FONT><FONT style="background-color:#FFFFFF">. Subsequently we filed Form 14C DEF on January </FONT><FONT style="background-color:#FFFFFF">17,</FONT><FONT style="background-color:#FFFFFF"> 2017.</FONT><FONT style="background-color:#FFFFFF"><B> </B></FONT><FONT style="background-color:#FFFFFF">We filed the Amended Articles of Incorporation on January 18, 2017 with the State of Florida and received the certification of Amended and Restated Articles of Incorporation from the State of Florida on January 20, 2017.</FONT></P>
<P style="margin:0px" align=justify><BR></P>
<P style="line-height:11.4pt; margin:0px"><FONT style="background-color:#FFFFFF">This </FONT><FONT style="background-color:#FFFFFF">C</FONT><FONT style="background-color:#FFFFFF">urrent Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, made in this Current Report on Form 8-K are forward looking and subject to change. The Company cautions that these forward-looking statements are subject to risks, uncertainties and assumptions, many of which are beyond the Company's control, which may cause actual results and events to differ materially from those indicated in the forward-looking statements. Additional information concerning other factors is contained under the headings &quot;Risk Factors&quot; and &quot;Management Discussion and Analysis of Financial Condition and Results of Operations&quot; in the Company's filing on Form </FONT><FONT style="background-color:#FFFFFF">10-K</FONT><FONT style="background-color:#FFFFFF"> and any subsequent Forms filed with the Securities and Exchange Commission, which are incorporated by reference. The Company undertakes no obligation to release publicly any revisions to forward-looking statements as the result of subsequent events or developments.</FONT></P>
<P style="margin-top:0.067px; margin-bottom:0px"><BR></P>
<P style="margin-top:0.067px; margin-bottom:0px"><B>Item 9.01 Financial Statements and Exhibits</B></P>
<P style="margin:0px" align=justify>&#160;</P>
<P style="margin-top:0px; margin-bottom:-2px; width:48px; font-size:12pt; float:left">(1.1)</P>
<P style="margin:0px; padding-left:48px; text-indent:-2px" align=justify>Annual Report on Form 10-K for the fiscal year ended September 30, 2016 filed with the SEC on January 13, 2017</P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:48px; font-size:12pt; float:left">(1.2)</P>
<P style="margin:0px; padding-left:48px; text-indent:-2px" align=justify>Share Exchange Agreement with Quest Energy Inc. signed on January 5, 2017 filed with the SEC on January 13, 2017 as Exhibit 10.7.</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:48px; font-size:12pt; float:left">(1.3)</P>
<P style="margin:0px; padding-left:48px; text-indent:-2px" align=justify>Form 14C DEF filed with the SEC on January 17, 2017</P>
<P style="margin:0px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:48px; font-size:12pt; float:left">(1.4)</P>
<P style="margin:0px; padding-left:48px; text-indent:-2px" align=justify>NGFC Equities, Inc. Amended and Restated Article of Incorporation as of January 19, 2017 &nbsp;(Filed herewith)</P>
<P style="margin-top:0.067px; margin-bottom:0px; clear:left"><BR></P>
<P style="margin-top:8px; margin-bottom:0px; padding-left:308.333px; padding-right:309.6px; color:#231F20" align=center><B>SIGNATURES</B></P>
<P style="margin-top:0.467px; margin-bottom:0px"><BR></P>
<P style="margin:0px; padding-left:6.667px; padding-right:7.8px; text-indent:30px; color:#231F20" align=justify>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="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0.533px; margin-bottom:0px; text-indent:528px"><U>NGFC Equities Inc.</U></P>
<P style="line-height:10.55pt; margin:0px; padding-right:136.133px; color:#231F20" align=right>(Registrant)</P>
<P style="margin-top:0.2px; margin-bottom:0px"><BR></P>
<P style="margin-top:4.933px; margin-bottom:0px; padding-left:6.667px; padding-right:1.8px; color:#231F20">Date <U>&nbsp;January 25, 2017</U></P>
<P style="margin-top:0.533px; margin-bottom:0px; text-indent:528px"><I><U>/S/ I. Andrew Weeraratne</U></I></P>
<P style="line-height:10.55pt; margin:0px; padding-right:136.067px; color:#231F20" align=right>(Signature)<FONT style="font-size:5.5pt">*</FONT></P>
<P style="margin-top:0.2px; margin-bottom:0px; text-indent:384px; color:#231F20">I Andrew Weeraratne</P>
<P style="margin-top:0.2px; margin-bottom:0px; text-indent:384px; color:#231F20">Chief Executive Officer</P>
<P style="margin-top:0.2px; margin-bottom:0px"><BR></P>
<P style="margin-top:4.933px; margin-bottom:0px; padding-left:6.667px; padding-right:1.8px; font-size:5.5pt; color:#231F20">*<FONT style="font-size:10pt">Print name and title of the signing of</FONT><FONT style="font-size:10pt">fi</FONT><FONT style="font-size:10pt">cer under his signature.</FONT></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR>
<BR></P>
</DIV></BODY>
<!-- EDGAR Validation Code: FDA4A1D3 -->
</HTML>
[{"type": "8-K", "sequence": "1", "filename": "ngfc8k12517.htm", "description": "8-K", "secsgml_size_bytes": 22288}]
{"company-data": {"conformed-name": "NGFC Equities, Inc.", "cik": "0001590715", "assigned-sic": "7600", "irs-number": "463914127", "state-of-incorporation": "FL", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-55456", "film-number": "17545179"}, "business-address": {"street1": "7135 COLLINS AVE NO. 624", "city": "MIAMI BEACH", "state": "FL", "zip": "33141", "phone": "3058658193"}, "mail-address": {"street1": "7135 COLLINS AVE NO. 624", "city": "MIAMI BEACH", "state": "FL", "zip": "33141"}, "former-company": [{"former-conformed-name": "NGFC Equities, INC.", "date-changed": "20150512"}, {"former-conformed-name": "NATURAL GAS FUELING & CONVERSION INC.", "date-changed": "20131031"}]}
SEC873.indd
OMB Number:
3235-0060
Expires:
March 31, 2018
Estimated average burden hours per response
5.71
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)
January 20, 2017
NGFC EQUITIES, INC.
(Exact name of registrant as specified in its charter)
Florida
000-55456
46-3914127
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
7135 Collins Ave No. 624
33134
(Address of principal executive offices)
(Zip Code) Registrant
'
s telephone number, including area code
305-865-8193
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K fi ling is intended to simultaneously satisfy the fi ling 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 1.01 Entry into a Material Definitive Agreement.
On
January 5, 2017
,
NGFC Equities Inc.
(the "Company",
"
NGFC
"
,
"we", or "us") entered into a Share Exchange Agreement ("Agreement") with
Quest Energy
Inc., ("
Quest
"), a private company
incorporated in the State of Indiana
with offices at
8856 South
S
treet,
Fishers
,
I
N
46038.
At the cl
osing of the Agreement (which was
contingent upon a 80% reconfirmation vote under Rule 419 and other closing conditions), pursuant to the terms of the Agreement,
4,817,792 of newly authorized Series A Preferred Stock
, par value $0.0001 per share (the "Common Stock") will be issued to
Quest
shareholders holding 100% of the issued and outstanding common shares of
Quest
.
The Series A Preferred
S
tock shall be convertible into common stock of the Company at the sole option of the holder of such Series A Preferred Stock at a rate of 100 shares of Common Stock per share of Series A Preferred
Stock
, which represents a legal and equitable equity ownership in the Company immediately post-closing of 95% of the Common Stock outstanding. The Series
A
Preferred Stock shall have full voting rights in the Company on an
"
as-converted
"
basis with each share of Series A Preferred Stock having the right to vote 1,000 shares of common stock per share of Series A Preferred Stock.
The closing of the transac
tion was
subject
ed
to filing amended Articles of Incorporation and filing
a
Form 14C with the SEC.
We
filed Form
14C PRE on January 5, 2017 and filed Form 14C DEF on January
17,
2017.
We filed the Amended Articles of Incorporation on January
18,
2017
with the State of Florida and received the
certification of
Amended and Restated Articles of Incorporation from the State of Florida on January 20, 2017.
Quest Energy Inc
.,
is a State of Indiana corporation founded in June 11, 2015 and engaged in
diversified energy services including
mining, processing and logistics, with a primary focus on traditional energy sources such as coal and oil and gas. Quest plans to expand its
business by
continuing to develop
its currently
leased properties
and
further
expanding its
processing and logistics business
,
and
through the pursuit of
strategic acquisitions.
Item 5.03 Amendments to Articles of Incorporation or Bylaws.
Pursuant the Share Exchange Agreement signed on January 5, 2017 the Company filed an amendment to the Articles of Incorporation to change the following:
1.
To increase the authorized number of shares of capital stock of the Company from three hundred million (300,000,000) to one billion (1,000,000,000) total authorized shares with nine hundred and ninety million (990,000,000) of the authorized shares being designated as Class A Common Stock.
2.
Eliminate Class B Common Stock.
3.
To designate five million (5,000,000) of the ten million (10,000,000) authorized Preferred Stock as Series A Preferred Stock with one thousand votes for each share of Preferred Stock and keep the other five million (5,000,000) authorized Preferred Stock as
"
blank check
"
Preferred Stock.
Item 5.07 Submission of Matters to a Vote of Security Holders.
Pursuant the share exchange agreement signed on
January 5, 2017
the Co
mpany filed Form
14C
PRE
with
the
SEC on
January 5, 2017
to give notice to all stockholders of NGFC that the majority shareholders have approved the share exchange agreement and the amendment to the Articles of
Incorporation
. Subsequently we filed Form 14C DEF on January
17,
2017.
We filed the Amended Articles of Incorporation on January 18, 2017 with the State of Florida and received the certification of Amended and Restated Articles of Incorporation from the State of Florida on January 20, 2017.
This
C
urrent Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, made in this Current Report on Form 8-K are forward looking and subject to change. The Company cautions that these forward-looking statements are subject to risks, uncertainties and assumptions, many of which are beyond the Company's control, which may cause actual results and events to differ materially from those indicated in the forward-looking statements. Additional information concerning other factors is contained under the headings "Risk Factors" and "Management Discussion and Analysis of Financial Condition and Results of Operations" in the Company's filing on Form
10-K
and any subsequent Forms filed with the Securities and Exchange Commission, which are incorporated by reference. The Company undertakes no obligation to release publicly any revisions to forward-looking statements as the result of subsequent events or developments.
Item 9.01 Financial Statements and Exhibits
(1.1)
Annual Report on Form 10-K for the fiscal year ended September 30, 2016 filed with the SEC on January 13, 2017
(1.2)
Share Exchange Agreement with Quest Energy Inc. signed on January 5, 2017 filed with the SEC on January 13, 2017 as Exhibit 10.7.
(1.3)
Form 14C DEF filed with the SEC on January 17, 2017
(1.4)
NGFC Equities, Inc. Amended and Restated Article of Incorporation as of January 19, 2017  (Filed herewith)
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.
NGFC Equities Inc.
(Registrant)
Date
January 25, 2017
/S/ I. Andrew Weeraratne
(Signature)
*
I Andrew Weeraratne
Chief Executive Officer
*
Print name and title of the signing of
fi
cer under his signature.