UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

________________________


FORM 8-K/A

Amendment No. 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): September 11, 2017

[FTWSFORM8KALEASEAGREEMENT002.GIF]

FLITWAYS TECHNOLOGY, INC.

(Exact name of registrant as specified in its charter)


Nevada

000-55316

47-2489112

(State of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)


600 Corporate Pointe, Suite 550

Culver City, CA 90230

 (Address of principal executive offices)


Phone: (855) 710-0915

(Registrant s telephone number)


400 Corporate Point, Suite 300

Culver City, CA 90230

(Former name or former address, if changed since last report)


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):


[  ]  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))


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter):  

Emerging growth company           x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   o



1



Explanatory Note

_______________


This Amendment No. 1 (this "Amendment") to the Current Report on Form 8-K of Flitways Technology, Inc. (the "Company"), originally filed with the U.S. Securities and Exchange Commission (the "SEC") on October 24, 2017, (the "Original Filing"), is being filed to correct the description of the amount of the monthly rent increase.


Except as described above, this Amendment does not modify or update the disclosures presented in, or exhibits to, the Original Filing in any way.  This Amendment speaks as of the date of the Original Filing and does not reflect events occurring after the filing of the Original Filing.  Accordingly, this Amendment should be read in conjunction with the Original Filing, as well as any other filings made by the Company with the SEC pursuant to Section 13(a) or 15(d) of Securities Exchange Act of 1934, as amended, subsequent to the filing of the Original Filing.





Item 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT


On September 11, 2017, Flitways Technology, Inc. (the Company ) entered into a Lease Agreement (the Lease ) with REEP - OFC Corporate Pointe CA, LLC (the Landlord ), pursuant to which the Company will lease approximately 5,879 square feet of space (the Premises ) located at 600 Corporate Pointe, Suite 550, Culver City, California 90230 (the Building ), for a term of Five (5) years and five (5) months (65) months (the Term ) following the Commencement Date of October 1, 2017. The Company intends to occupy the Premises as its corporate headquarters. Subject to meeting certain conditions, the Company has one (1) option to extend the Term for an additional period of five (5) years as set forth in the Lease.

Pursuant to the Lease, the Company will pay Base Rent of $19,988.60 per month for the first 12 months of the Term, $20,688.20 per month for months 13 through 24 of the Term, $21,412.29 per month for months 25 through 36 of the Term, $22,151.72 per month for months 37 through 48 of the Term, $22,937.38 per month for months 49 through 60 of the Term, and $23,740.19 per month for months 61 through 65 of the Term. This new Lease, represents a monthly increase of $16,800.

As security for its obligations under the Lease, the Company delivered to the Landlord a security deposit in the amount of $47,480.38, which may be used by the Landlord upon the occurrence of certain events as set forth in the Lease.

Pursuant to the Lease, the Company is leasing 5,879 square feet of space in the Building (281,918 rentable square feet), the operating expenses relating to such space will be based on operating expenses for the 2018 calendar year ( Base Year ).


A copy of the Lease Agreement is filed on October 24, 2017, as part of our Current Report on  Form 8-K , as Exhibit 10.01, and is incorporated herein by this reference.


The foregoing summary description of the Lease Agreement is not complete and is qualified in its entirety by reference to the full text of the Lease Agreement. The Lease Agreement also contains customary events of default. For further information regarding the terms and conditions of the Lease Agreement, this reference is made to such agreement, which the Company has filed on October 24, 2017, as an exhibit to our Current Report on Form 8-K and is incorporated herein by this reference.  


Item 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT


The information set forth under item 1.01 of this report is incorporated herein by reference.


Item 8.01  OTHER EVENTS


On October 1, 2017, the Company changed its address, the new address is:


600 Corporate Pointe, Suite 550

Culver City, CA 90230






ITEM 9.01 - Financial Statements and Exhibits


(d) Exhibits


 Exhibit 10.01

 Lease Agreement by and between the Company and REEP OFC Corporate Pointe, CA, LLC dated September 11, 2017.

Filed with the SEC on October 24, 2017, as part of the Company s Current Report on Form 8-K.





SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



FLITWAYS TECHNOLOGY, INC.


Date: October 30, 2017

By: /s/ Tobi Mac Aro

Tobi Mac Aro

President & CEO