siberian8k080907.htm
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): August 9, 2007
SIBERIAN
ENERGY GROUP INC.
(Exact
name of registrant as specified in its charter)
Nevada
|
333-118902
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52-2207080
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(State
or other jurisdiction
of
incorporation)
|
(Commission
File
Number)
|
(IRS
Employer
Identification
No.)
|
|
|
|
275
Madison Ave, 6th Floor, New York, NY 10016
(Address
of principal executive offices) (Zip Code)
(212)
828-3011
Registrant's
telephone number
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))
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ITEM
8.01 OTHER EVENTS
On
or
around August 9, 2007, Siberian Energy Group Inc.’s (the “Company’s”) Chief
Executive Officer, David Zaikin, enter into a Stock Purchase Agreement with
LLC
“Business Standard.” Pursuant to the Stock Purchase Agreement, Mr.
Zaikin agreed to purchase 400,000 restricted shares of the Company’s common
stock from Business Standard, for aggregate consideration of $500,000 or $1.25
per share. The closing date of the Stock Purchase Agreement is
scheduled to occur on August 30, 2007, or at such other time as the parties
agree.
Mr.
Zaikin entered into the Stock Purchase Agreement because he personally believes
that the Company’s common stock has significant value. None of the
Company’s officers and Directors are currently selling nor do they have any
immediate plans to sell any shares of the Company’s common
stock.
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.
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SIBERIAN
ENERGY GROUP, INC.
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|
|
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By:
/s/ David Zaikin
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David
Zaikin,
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Chief
Executive Officer
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Dated:
August 9, 2007