UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
/A-1
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 28, 2010
GLOBAL CASINOS, INC.
(Exact Name of Registrant as Specified in its Charter)
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Utah |
0-15415 |
87-0340206 |
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(State or other jurisdiction
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Commission File
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(I.R.S. Employer Identification number) |
1507 Pine Street, Boulder, CO 80302
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (303) 449-2100
______________________________________________________
(Former name or former address, if changed since last report)
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Written communications pursuant to Rule 425 under the Securities Act |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
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ITEM 8.01 |
OTHER EVENTS |
Effective December 28, 2010, Global Casinos, Inc., (the “Company”) entered into an Amendment to Lease Agreement relating to the property located at 129-131 Main Street, Central City, CO and known as Doc Holliday Casino.
The correct version
of the Amendment is filed as an exhibit herewith.
ITEM 9.01 : EXHIBITS
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(c) |
Exhibit |
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Item |
Title |
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10.1 |
Amendment to Lease Agreement dated December 28, 2010. |
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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 thereunto duly authorized.
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Global Casinos, Inc (Registrant) |
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Dated: February 10, 2011 |
_ /s/ Clifford L. Neuman___________ Clifford L. Neuman, President |
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AMENDMENT TO LEASE AGREEMENT
This Amendment to Lease Agreement is dated this 28 day of December, 2010 (“Effective Date”) by and between 157 Lane LLC, a Colorado limited liability company and Jigsaw Puzzle, LLC, a Colorado limited liability company (collectively “Landlord”) and Doc Holliday Casino II, LLC, a Colorado limited liability company (“Tenant”) relating to a portion of that certain property located at 129-131 Main Street, Central City, Colorado (“Premises”) and known as Doc Holliday Casino.
1.
Landlord and Tenant, as assignee, are parties to that certain Lease Agreement dated July 15, 2003, as previously amended (“Lease”) covering the Premises;
2.
For the period commencing January 1, 2011 and ending December 31, 2011 (the “2011 Period”), the Lease Agreement is hereby amended as follows:
a. Landlord and Tenant agree that the Base Rent to be paid to Landlord for the 2011 Period shall be $250,000, payable at the rate of $20,833.33 per month.
b. All existing agreements with respect to triple net expenses and the cap on Tenant’s liability for annual increases shall remain in effect during the 2011 Period.
3.
In consideration of the covenants set forth in paragraph 2 above, Tenant and Landlord agree that the digital surveillance system which Tenant installed on the Premises shall be deemed a trade fixture affixed to and part of the Premises and upon termination of the Lease shall be deemed the sole and separate property of Landlord.
AGREED TO AND ACCEPTED:
LANDLORD:
TENANT:
157 Lane, LLC
Doc Holliday Casino II, LLC
By: Global Casinos, Inc., its Manager
By:
/s/ Andrew Goltra
Andrew Goltra
By:
/s/ Clifford L. Neuman
Jigsaw Puzzle, LLC
Clifford L. Neuman, its President
By: /s/ Carolyn S. Goltra
Carolyn S. Goltra