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): July 5, 2012
STEVIA CORP.
(Exact Name of Registrant as Specified in its Charter)
Nevada 333-152365 98-0537233
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
7117 US 31 S
Indianapolis, IN 46227
(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code: (888) 250-2566
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))
SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
COOPERATIVE AGREEMENT
On July 5, 2012, Stevia Asia Limited ("Stevia Asia"), a wholly-owned
subsidiary of Stevia Corp. (the "Company") entered into a Cooperative Agreement
(the "Cooperative Agreement") with Technew Technology Limited ("Technew"), a
company incorporated under the companies ordinance of Hong Kong, and Zhang Jia,
a Chinese citizen (together with Technew, the "Partners") pursuant to which
Stevia Asia and Partners have agreed to engage in a joint venture to be owned
70% by Stevia Asia and 30% by Technew (the "Joint Venture"). The Partners will
be responsible for managing the Joint Venture and Stevia Asia has agreed to
contribute $200,000 per month, up to a total of $2,000,000 in financing, subject
to the performance of the Joint Venture and Stevia Asia's financial
capabilities.
The Cooperative Agreement shall automatically terminate upon either Stevia
Asia or Technew ceasing to be a shareholder in the Joint Venture, or may be
terminated by either Stevia Asia or Technew upon a material breach by the other
party which is not cured within 30 days of notice of such breach.
The foregoing description is qualified in its entirety by reference to the
Cooperative Agreement, a copy of which appears as Exhibit 10.1 to this Form 8-K
and is incorporated by reference to this Item 1.01.
TECHNOLOGY AGREEMENT
On July 5, 2012, the Company entered into a Technology Acquisition
Agreement (the "Technology Agreement") with Technew, pursuant to which the
Company acquired the rights to certain technology from Technew in exchange for
3,000,000 shares of the Company's common stock.
The foregoing description is qualified in its entirety by reference to the
Technology Agreement, a copy of which appears as Exhibit 10.2 to this Form 8-K
and is incorporated by reference to this Item 1.01.
SECTION 3 - SECURITIES AND TRADING MARKETS
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES.
TECHNEW SHARES
The disclosure under Item 1.01 of this Current Report on Form 8-K relating
to the Technology Agreement is incorporated in its entirety into this Item 3.02.
As described under Item 1.01, on July 5, 2012, the Company issued 3,000,000
shares of its common stock to Technew (the "Technew Shares"). The Technew Shares
were issued in reliance upon Regulation S of the Securities Act of 1933, as
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amended (the "Securities Act") in that the transaction with Technew took place
outside the United States of America with a non-US person.
GROWERS SYNERGY SHARES
On July 5, 2012, the Company issued 500,000 shares of its common stock (the
"Growers Synergy Shares") to Growers Synergy Pte Ltd., a corporation organized
under the laws of Singapore and owned and controlled by George Blankenbaker, the
president, director and a stockholder of the Company ("Growers Synergy"), as
consideration for services rendered by Growers Synergy to the Company.
The Growers Synergy Shares were issued in reliance upon Regulation S of the
Securities Act in that the transaction with Growers Synergy took place outside
the United States of America with a non-US person.
SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
Exhibit No. Description
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10.1 Cooperative Agreement
10.2 Technology Acquisition Agreement
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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 hereunto duly authorized.
Date: July 9, 2012 STEVIA CORP.
By: /s/ George Blankenbaker
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George Blankenbaker
President
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