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 8, 2007
INTEGRATED DATA CORP.
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(Exact name of Registrant as specified in charter)
Delaware 0-31729 23-2498715
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
3422 Old Capitol Trail, Suite 741, Wilmington, DE 19808
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(Address of principal executive offices) (Zip Code)
484-212-4137
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(Registrant's telephone number, including area code)
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(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
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act
[ ] Pre-commencement communication pursuant to Rule 13e-4(c) under the
Exchange Act
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Item 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On March 8, 2007 Integrated Data Corp. (the "Company"), entered into an
agreement with Montana Holdings Ltd ("MHL"), a private limited company
registered in the Bahamas for a revolving, unsecured, convertible loan
facility of up to an amount equal to the sum of $7,000,000. The accepted
offer was for the Company to invest in the equity of MHL and to provide loan
facilities to MHL of up to US$7M (Seven Million US Dollars).
On March 8, 2007, MHL requested and received a drawdown of $1,600,000 from
the loan facility with IDC holding back loan arrangement fees as well as
legal costs. Based upon same, a net total of $1,523,000 was wired to MHL.
Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements:
None.
(b) Exhibits:
Exhibit 10.1 Facility Letter for Integrated Data Corp. Convertible Loan
Facility to Montana Holdings Limited
Signatures
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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.
INTEGRATED DATA CORP.
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(Registrant)
Date: March 15, 2007 By: /s/Abe Carmel
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Abe Carmel
Chief Executive Officer
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