f8k031010_signet.htm
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): March 10, 2010
Signet
International Holdings, Inc.
(Exact
name of registrant as specified in its charter)
|
DELAWARE
|
|
333-13465
|
|
16-1732674
|
|
(State
or other jurisdiction of incorporation)
|
|
(Commission
File Number)
|
|
(IRS
Employer Identification No.)
|
| 205 Worth Avenue,
Suite 316, Palm Beach, Florida |
|
33480 |
| (Address of
principal executive offices) |
|
(Zip
Code) |
Registrant's
telephone number, including area code: (561)
832-2000
Former
name or former address, if changed since last report: Not
applicable
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):
o Written communications
pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
o 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 April
6, 2009, Signet International Holdings, Inc., (the “Company”), as reported in
its 8K filing of that date entered into an Exclusive Licensing Agreement with
Kerner Broadcasting Corporation, a Nevada Corporation (“KBC”), for the exclusive
rights to KBC’s 3-D TV Technology.
On March
8, 2010, one of the principals of KBC confirmed to the Company that at the time
it entered into the agreement with the Company, KBC did not own the rights to
the above referenced 3D technology and that KBC has since ceased all operations
and has been dissolved as a corporation. The Company and its legal counsel
are considering all available legal remedies that may be available as a
consequence of KBC's conduct relative to this matter.
The
Company has begun confidential negotiations with two alternate 3D technology
providers in an effort to obtain the required technology for the continued
development of its 3D TV Network.
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.
Signet
International Holdings, Inc.
By: /s/
Ernest Letiziano
Title:
Chief Executive Officer