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Revision History For: VIDEOPLEX OTCBB VPLX seeking merger or acquisition

23 Aug 2000 07:52 PM <--

Return to VIDEOPLEX OTCBB VPLX seeking merger or acquisition
 
VIDEOPLEX
5882 South 900 East, Suite 202, Salt Lake City, Utah 84121

Telephone number 801-269-9500

John Chymboryk 46 President and Director
Kip Eardley 40 Secretary/Treasurer

8,444,314 shares of its common stock outstanding.
The Company's common stock is listed on the Over the Counter Bulletin Board ("OTCBB"), under the symbol "VPLX". As of April 24, 2000, the Company had 753 shareholders.

The Company was incorporated in the state of New Jersey.
At the present time, the Company intends to seek, investigate, and if warranted, acquire an interest in a business opportunity.
The Company does not propose to restrict its search for a business opportunity to any particular industry or geographical area and may, therefore, engage in essentially any business in any industry.
It is anticipated that business opportunities may be available to the Company from various sources, including its officers and directors, professional advisers, securities broker- dealers, venture capitalists, members of the financial community, and others who may present unsolicited proposals.

The Company will seek a potential business opportunity from all known sources, but will rely principally on personal contacts of its officers and directors as well as indirect associations between them and other business and professional people. Although the Company does not anticipate engaging professional firms specializing in business acquisitions or reorganizations, if management deems it in the best interests of the Company, such firms may be retained. In some instances, the Company may publish notices or advertisements seeking a potential business opportunity in financial or trade publications.

Seeking a business venture based upon the business objective of seeking long-term capital appreciation in the real value of the Company.

The Company believes that its current cash needs can be met with advances from officers and directors for at least the next twelve months. However, should the Company obtain a business opportunity, it may be necessary to raise additional capital. This may be accomplished by loans from the principals of the Company, debt financing, equity financing or a combination of financing options.

John Chymboryk, President and Director. Mr. Chymboryk received his bachelor's degree with an emphasis in accounting and economics in 1982. Following graduation he worked for a large international accounting firm until 1984. He then taught courses in finance, marketing and management in the business departments of a Community College from 1984 to 1992. Concurrent with his teaching experience, Mr. Chymboryk operated an accounting business that specialized in preparing financial statements, tax returns and business plans for small businesses. Mr. Chymboryk co-founded a company that specialized in marketing, customer retention and management training. Mr. Chymboryk served as Vice President and was responsible for the financial operations and in developing and delivering management training. Mr. Chymboryk was instrumental in designing and presenting the sales management workshop that was contracted with Lexus, the Toyota Motor Corporation luxury car line. In 1997, Mr. Chymboryk was involved in designing, developing and implementing a new application that assists companies in following up and retaining their existing customer base.

Kip Eardley, Secretary/Treasurer and Director. Since 1989, Mr. Eardley has been self employed as the president and owner of Capital Consulting of Utah, Inc. which is a consulting firm to various public and private companies. Mr. Eardley is also president and director of Holmes Microsystems, Inc., a publicly traded corporation.

Beneficial Common Stock Ownership:

Theodore Leder 418,250 Shares 4.95%
8 Crystal Drive Great Neck, NY 11021

Societe Financiere 450,000 Shares 5.33%
37 Rue Notre-Dame Luxembourg

Techniques Digitales 850,000 Shares 10.06%
Appliquees Ala Video Parc Industries Des Hauts Sarts B-4400 Liege Belgium Herstal Belgium