Item
8.01.
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Other
Events
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Trimol Group, Inc - Recent Material EventTrimol
Group, Inc. (the “Company”) and Aluminum Power, Inc. (“API”) entered into
Amendment No. 3 to the Termination Agreement dated as of September 23, 2009 (the
“Amendment”) to the May 30, 2008 Termination Agreement entered into by such
parties (the “Termination Agreement”). Pursuant to the terms of the
Termination Agreement, as previously amended, API transferred 21,000,000 shares
of the Company’s common stock owned by it (the “Shares”) to the Company to be
utilized by it solely in connection with certain acquisitions that the Company
is exploring. The Amendment provides that in the event that the
Company does not conclude any of such acquisitions by the extended date of
September 22, 2010, API has the right to require the Company to reconvey the
Shares to it for a purchase price of $1,000.
Boris
Birshtein, Chairman of the Board of Directors of the Company and its Chief
Executive Officer, and Jack Braverman, the Company’s Chief Financial Officer,
are the Chairman of the Board and President, respectfully, of
API. API’s majority shareholder is Eontech Group, Inc. of which
Birshtein Holdings, Ltd. is the majority shareholder. Mr. Birshtein
directly controls Birshtein Holdings, Ltd.
The
Company has no binding commitments with respect to any such acquisitions and
there is no assurance that it will conclude any such acquisitions or, if so,
when and on what terms.
(d)
SIGNATURE
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:
October 26, 2009
This
Current Report on Form 8-K may contain, among other things, certain
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, including, without limitation, statements with
respect to the Company’s plans, objectives, expectations and intentions and
other statements identified by words such as may, could, would, should,
believes, expects, anticipates, estimates, intends, plans or similar
expressions. These statements are based upon the current beliefs and
expectations of the Company’s management and are subject to significant risks
and uncertainties. Actual results may differ from those set forth in the
forward-looking statements. These forward-looking statements involve certain
risks and uncertainties that are subject to change based on various factors
(many of which are beyond the Company’s control).
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