NEXH 8-K 06/18/2006
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 Event: June 18, 2006
Nexia
Holdings, Inc.
(Exact
name of registrant as specified in its charter)
NEVADA
(State
or
other jurisdiction of incorporation or organization)
|
33-2128-D
(Commission
File Number)
|
84-1062062
(IRS
Employer Identification Number)
|
c/o
Richard Surber, President
59
West 100 South, Second Floor, Salt Lake City, Utah
84101
(Address
of principal executive offices)
(801)
575-8073
(Registrant's
telephone number, including area code)
ITEM
8.01 Other
Events
On
June
19, 2006, Diversified Holdings I., (“DHI”) a subsidiary of Nexia Holdings, Inc.
(“Nexia”) signed a Consultancy Service Engagement Contract (“Agreement”) with
Conceptual Management Limited (hereafter the “Conceptual”) to perform investor
relations services for Diversified Financial Resources Corporation (“DVFN”). The
agreement provides that Conceptual will profile DVFN on one or more of its
websites, assist in news dissemination for DVFN’s products and services, publish
a profile of DVFN and provide investor relations services to provide corporate
visibility and brand awareness for DVFN. The term of the Agreement is for six
months.
DHI
has
agreed to transfer to Conceptual twelve million five hundred thousand
(12,500,000) freely tradeable shares of DVFN, these shares were received by
DHI
as settlement of a prior debt of DVFN owed to DHI. DHI holds not less than
five
million shares of the common stock of DVFN and may sell some or all of those
shares during the period during which Conceptual provides its services. DHI
and
or Nexia may also acquire shares during the same period of time. Conceptual’s
services may cause the stock price of DVFN to increase, in which event DHI
would
receive an additional benefit when it sells the shares it holds in DVFN.
Additionally, DHI’s sales of DVFN shares may have a negative effect on the
market price of DVFN’s common stock.
ITEM
9.01 FINANCIAL
STATEMENTS AND EXHIBITS
Pro
forma
financial statements, if required, will be filed by amendment within the time
allowed by rule.
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EXHIBIT
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PAGE
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NO.
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NO.
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DESCRIPTION
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| |
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99(i)
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3
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Pursuant
to the requirement 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.
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|
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Nexia
Holdings, Inc. |
|
|
|
| Date: June
19, 2006 |
By: |
/s/ Richard
Surber |
| |
Richard Surber
CEO, CFO, President and Director
|