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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

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~~November 293, 2014

CRIMSON FOREST ENTERTAINMENT GROUP INC.

(Exact name of registrant as specified in its charter)

Nevada	0-55142	27-2838091
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

8335 Sunset Blvd., Suite #238, West Hollywood, California		90069
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code:

(323) 337-9086

(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:

[ ] 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))

[ ] 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))

Item 1.01 Entry into a Material Definitive Agreement.

OnStock orPurchase ~~about August 29, 2014, Unknown Caller LLC (“UCL”), a wholly owned subsidiary of Crimson Forest Entertainment Group Inc. (the “Company”), entered into a Business Loan~~ Agreement, Commercial Security Agreement and Promissory Note (collectively, the “Loan Agreements”) with East West Bank. The Loan Agreements provide that UCL may from time to time borrow up to an aggregate amount of $3,333,333 from East West Bank.

~~UCL~~On isNovember ~~required~~3, to2014, ~~repay~~Crimson ~~all~~Forest ~~outstanding~~Entertainment ~~principal~~Group ~~plus~~Inc. ~~all~~(the ~~accrued~~“Company”) ~~unpaid~~entered ~~interest~~into ona orStock ~~prior~~Purchase to Agreement (the ~~date~~“Purchase ~~which~~Agreement”) iswith 30China ~~days~~Film ~~prior to~~Assist ~~the~~Co., ~~expiration~~a ~~date~~company oforganized ain ~~standby~~The ~~letter~~Peoples’ Republic of China ~~credit~~(the “Investor”), in a private placement transaction pursuant to which the ~~same~~Company ~~amount~~agreed ~~issued~~to byissue ~~East~~and sell ~~West~~to ~~Bank~~the ~~China.~~Investor ~~UCL~~an ~~will~~aggregate ~~pay~~of ~~regular~~10,000,000 ~~monthly payments~~shares of ~~accrued~~the ~~and~~Company’s ~~unpaid~~Common ~~interest~~Stock ~~due~~at asa price of ~~each~~$0.50 ~~payment~~per ~~date,~~share ~~beginning~~for ~~September~~aggregate gross 29proceeds of $5,000,000. ~~2014~~The Company expects to close the transaction in installments, with ~~all~~10% ~~subsequent~~of ~~interest payments~~the shares to be ~~due~~purchased upon onexecution of the ~~same~~Purchase ~~day~~Agreement, 40% of ~~each~~the ~~month~~shares ~~thereafter.~~on ~~UCL~~or ~~may~~before ~~pay~~December ~~without~~15, ~~penalty~~2014, ~~all~~and or50% ~~a portion~~ of the ~~amount~~shares ~~owed~~on ~~earlier~~or before ~~than~~January ~~due~~15, 2015.

~~Under~~The ~~the~~foregoing ~~Loan~~description ~~Agreements,~~of the ~~loan~~Purchase ~~bears~~Agreement ~~interest~~does atnot anpurport ~~annual~~to ~~rate~~be ~~based~~complete onand ~~the~~is ~~daily~~qualified ~~Wall~~in ~~Street~~its ~~Journal~~entirety ~~Prime~~by ~~Rate,~~reference to ~~which~~the ~~was~~complete ~~3.25% per~~text ~~annum~~of at the ~~time~~form ~~the~~of ~~Loan~~Purchase ~~Agreements~~Agreement ~~were~~filed ~~executed~~as Exhibit 10.1 hereto.

~~UCL~~The Company’s ~~obligations~~ ~~under~~press ~~the~~release, ~~Loan~~dated ~~Agreements~~November ~~will~~7, be2014, ~~secured~~announcing bythe ~~substantially~~Purchase ~~all~~Agreement ofis ~~UCL’s~~filed ~~tangible~~as ~~and~~Exhibit ~~intangible~~99.1 ~~property, including but not limited~~ to ~~UCL’s~~this ~~inventory,~~Current Report ~~accounts,~~on ~~instruments,~~Form ~~and equipment~~8-K.

~~The~~Item Loan Agreements contain customary events of default that include, among others, non-payment of principal, interest or fees, violation of certain covenants, defective collateralization, inaccuracy of representations and warranties, and insolvency events3. ~~The occurrence of an event of default will increase the applicable rate of interest by 5~~02.~~00%~~ ~~and~~Unregistered ~~could~~Sales ~~result in the acceleration~~ of ~~UCL’s obligations~~Equity ~~under the Loan Agreements~~Securities.

~~The~~Reference ~~foregoing~~is ~~description~~made ofto the ~~Loan~~private ~~Agreements~~placement ~~does~~transaction ~~not~~discussed ~~purport~~in toItem be1.01 aabove. ~~complete~~The ~~statement~~offer and sale of the ~~parties’~~10,000,0000 ~~rights~~shares ~~and~~of ~~obligations~~Common Stock under the ~~Loan~~Purchase ~~Agreements~~Agreement ~~and~~was isexempt ~~qualified~~from inregistration ~~its~~pursuant ~~entirety by reference~~ to ~~the~~Section ~~full~~4(2) ~~text~~ of ~~the Loan Agreements~~, ~~copies~~and ofRule ~~which are~~506 ~~attached~~under asRegulation ~~Exhibits~~D ~~10.1~~promulgated under, ~~10.2~~the ~~and~~Securities ~~10.3~~Act toof ~~this~~1933, ~~Current~~as ~~Report on Form 8-K and incorporated by reference herein~~amended.

The Company’s press release, dated October 13, 2014, announcing the Loan Agreements is filed as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number		Description
10.1		~~Business~~Stock ~~Loan~~Purchase Agreement between ~~Unknown~~Crimson ~~Caller~~Forest ~~LLC~~Entertainment Group Inc. and ~~East~~China ~~West~~Film ~~Bank~~Assist Co.
10.2		Commercial Security Agreement between Unknown Caller LLC and East West Bank.
99.1		Press Release, dated November 7, 2014.
10.3		Promissory Note between Unknown Caller LLC and East West Bank.
99.1		Press Release, dated October 13, 2014.

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.

	CRIMSON FOREST ENTERTAINMENT GROUP INC.
	~~(Registrant)~~	(Registrant)
Dated: October 14, 2014	By:	/s/ Jonathan Lim
Dated: November 7, 2014	By:	/s/ Jonathan Lim
	Name:	Jonathan Lim
	Title:	Chief Executive Officer

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