<SEC-DOCUMENT>0001654954-17-006741.txt : 20170728
<SEC-HEADER>0001654954-17-006741.hdr.sgml : 20170728
<ACCEPTANCE-DATETIME>20170728140018
ACCESSION NUMBER:		0001654954-17-006741
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170725
ITEM INFORMATION:		Material Modifications to Rights of Security Holders
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170728
DATE AS OF CHANGE:		20170728

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PARK CITY GROUP INC
		CENTRAL INDEX KEY:			0000050471
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
		IRS NUMBER:				371454128
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34941
		FILM NUMBER:		17989317

	BUSINESS ADDRESS:	
		STREET 1:		299 S. MAIN STREET
		STREET 2:		SUITE 2370
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84111
		BUSINESS PHONE:		435-645-2100

	MAIL ADDRESS:	
		STREET 1:		299 S. MAIN STREET
		STREET 2:		SUITE 2370
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84111

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIELDS TECHNOLOGIES INC
		DATE OF NAME CHANGE:	20010626

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERINET GROUP COM INC
		DATE OF NAME CHANGE:	19990803

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EQUITY GROWTH SYSTEMS INC /DE/
		DATE OF NAME CHANGE:	19951214
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>pcyg8k_july252017.htm
<DESCRIPTION>FORM 8-K
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UNITED STATES</font></div>
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SECURITIES AND EXCHANGE COMMISSION</font></div>
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Washington, DC 20549</font></div>
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FORM 8-K</font></div>
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CURRENT REPORT</font></div>
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Pursuant to Section&#xA0;13 or 15(d) of the</font></div>
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Securities Exchange Act of 1934</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Date of
Report (Date of earliest event reported): <font style="text-decoration: underline">July 25, 2017</font></font></div>
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<font style="font-weight: bold; font-family: Times New Roman; font-size: 24px">
PARK CITY GROUP, INC.</font></div>
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(Exact name of Registrant as specified in its Charter)</font></div>
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<font style="text-decoration: underline"><font style="font-family: Times New Roman; font-size: 13px">Nevada</font></font></div>
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<font style="text-decoration: underline"><font style="font-family: Times New Roman; font-size: 13px">001-34941</font></font></div>
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<font style="text-decoration: underline"><font style="font-family: Times New Roman; font-size: 13px">37-1454128</font></font></div>
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<font style="font-family: Times New Roman; font-size: 13px">(State
or other jurisdiction</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">of
incorporation)</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">(Commission
File No.)</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">(IRS
Employer</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Identification
No.)</font></div>
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<font style="text-decoration: underline"><font style="font-family: Times New Roman; font-size: 13px">299 South Main
Street, Suite 2225, Salt Lake City, Utah 84111</font></font></div>
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<font style="font-family: Times New Roman; font-size: 13px">(Address
of principal executive offices)</font></div>
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<font style="text-decoration: underline"><font style="font-family: Times New Roman; font-size: 13px">(435)
645-2000</font></font></div>
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<font style="font-family: Times New Roman; font-size: 13px">(Registrant&#x2019;s
Telephone Number)</font></div>
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<font style="text-decoration: underline"><font style="font-family: Times New Roman; font-size: 13px">Not
Applicable</font></font></div>
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<font style="font-family: Times New Roman; font-size: 13px">(Former
name or address, if changed since last report)</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">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):</font></div>
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<div style="display: table">
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<div style="display: table-cell; width: 36px"><font style="font-family: Times New Roman; font-size: 13px">&#x2610;&#xA0;</font></div>
<div style="text-align: left; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">Written
communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)</font></div>
</div>
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<div style="text-align: left; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)</font></div>
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<div style="text-align: left; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))</font></div>
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<div style="text-align: left; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))</font></div>
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<font style="color: #000000; font-weight: bold; font-family: Times New Roman; font-size: 13px">
Item 3.03 Material Modification to Rights of Security
Holders.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 48px">
<font style="font-family: Times New Roman; font-size: 13px">On July
25, 2017, Park City Group, Inc. (the &#x201C;<font style="font-style: italic">Company</font>&#x201D;) received confirmation
that Amendment No. 1 to the First Amended and Restated Certificate
of Designation of the Relative Rights, Powers and Preferences of
the Series B-1 Preferred Stock (the &#x201C;<font style="font-style: italic">B-1 Amendment</font>&#x201D;) was filed with
the Nevada Secretary of State, effective July 21, 2017. The B-1
Amendment increases the number of shares of the Company&#x2019;s
preferred stock, par value $0.01 per share, designated as Series
B-1 Preferred Stock from 400,000 to 550,000 shares.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 48px">
<font style="font-family: Times New Roman; font-size: 13px">A copy
of the B-1 Amendment is attached hereto as Exhibit 4.1, and is
incorporated by reference herein. The foregoing description of the
B-1 Amendment does not purport to be complete, and is qualified in
its entirety by reference to Exhibit 4.1.</font></div>
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&#xA0;</font></div>
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<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
Item 9.01 Financial Statements and Exhibits.</font></div>
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<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0;</font></div>
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<font style="color: #000000; font-family: Times New Roman; font-size: 13px">See
Exhibit Index.</font></div>
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<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
SIGNATURES</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">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.</font></div>
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<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
PARK CITY GROUP, INC.</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Date:
July 28, 2017</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;/s/
Edward L. Clissold</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Edward
L. Clissold</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">General
Counsel, Secretary</font></div>
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EXHIBIT INDEX</font></div>
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Exhibit Number</font></div>
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4.1</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Amendment
No. 1 to the First Amended and Restated Certificate of Designation
of the Relative Rights, Powers and Preferences of the Series B-1
Preferred Stock of Park City Group, Inc.</font></div>
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<DOCUMENT>
<TYPE>EX-4.1
<SEQUENCE>2
<FILENAME>ex4-1.htm
<DESCRIPTION>AMENDMENT NO. 1 TO THE FIRST AMENDED AND RESTATED CERTIFICATE OF DESIGNATION OF THE RELATIVE RIGHTS, POWERS AND PREFERENCES OF THE SERIES B-1 PREFERRED STOCK OF PARK CITY GROUP, INC.
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Exhibit 4.1</font><br></font></div>
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AMENDMENT NO. 1</font></div>
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TO THE</font></div>
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FIRST AMENDED AND RESTATED CERTIFICATE OF DESIGNATION</font></div>
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OF THE RELATIVE RIGHTS, POWERS AND PREFERENCES</font></div>
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<font style="color: #000000; font-weight: bold; font-family: Times New Roman; font-size: 13px">
OF THE SERIES B-1 PREFERRED STOCK</font></div>
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OF</font></div>
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PARK CITY GROUP, INC.,</font></div>
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<font style="color: #000000; font-weight: bold; font-family: Times New Roman; font-size: 13px">
A Nevada corporation</font></div>
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Pursuant to Section 78.1955 of the</font></div>
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Nevada Revised Statutes</font></div>
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<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">On behalf of Park City Group, Inc., a Nevada
corporation (the &#x201C;</font><font style="font-style: italic; color: #000000">Company</font><font style="color: #000000">&#x201D;), in</font> <font style="color: #000000; background-color: #FFFFFF">accordance with the
provisions of the Nevada Revised Statutes (the
&#x201C;</font><font style="font-style: italic; color: #000000; background-color: #FFFFFF">NRS</font><font style="color: #000000; background-color: #FFFFFF">&#x201D;),
the Company's Board of Directors and the holders of 100% of the
issued and outstanding shares of Company&#x2019;s Series B-1
Preferred Stock (the &#x201C;</font><font style="font-style: italic; color: #000000; background-color: #FFFFFF">Series
B-1 Preferred</font><font style="color: #000000; background-color: #FFFFFF">&#x201D;) have duly
approved and adopted the following resolution amending the
Certificate of Designation of the Relative Rights, Powers and
Preferences of the Series B-1 Preferred Stock (the
&#x201C;</font><font style="font-style: italic; color: #000000; background-color: #FFFFFF">Certificate
of Designation</font><font style="color: #000000; background-color: #FFFFFF">&#x201D;):</font></font></div>
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<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold; color: #000000">RESOLVED</font><font style="color: #000000">, that, pursuant to the authority granted to and
vested in the Board by the provisions of the Articles of
Incorporation of the Company, as amended (the
&#x201C;</font><font style="font-style: italic; color: #000000">Articles of
Incorporation</font><font style="color: #000000">&#x201D;):</font></font></div>
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<div style="display: table-cell; width: 36px;"><font style="font-family: Times New Roman; font-size: 13px;">1.</font></div>
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<font style="font-family: Times New Roman; font-size: 13px;">The
second paragraph of the Certificate of Incorporation shall be
deleted in its entirety and replaced with the
following:</font></div>
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<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">&#x201C;By resolution, the Board of Directors of
the Corporation has established, designated and fixed the terms,
preferences, limitations and relative rights of up to five hundred
fifty thousand (550,000) shares of the authorized and unissued
preferred stock of the Corporation, par value $0.01 per share, as
&#x201C;Series B-1 Preferred Stock&#x201D; (the
&#x201C;</font><font style="font-style: italic; color: #000000">Series B-1 Preferred
Stock</font><font style="color: #000000">&#x201D;) with the
following rights, preferences, powers, privileges and restrictions,
qualifications and limitations:&#x201D;</font></font></div>
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<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold; color: #000000">IN WITNESS
WHEREOF</font><font style="color: #000000">, the undersigned have
duly signed this Amendment No. 1 to the Certificate of Designation
as of this 20th day of July, 2017.</font></font></div>
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Park City Group, Inc.</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">/s/
Edward L. Clissold</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">By:&#xA0;
Edward L. Clissold</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Title:&#xA0;&#xA0;&#xA0;Corporate
Secretary and General Counsel</font></div>
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