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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: KOLOS who wrote (47072)5/16/2000 6:54:00 PM
From: Jim Bishop   of 150070
 
KOLOS, sorry about earlier with the "bull" bit.

It appears that WLDCE have filed something. With luck it will be enough to keep them off the pinks.

edgar-online.com

Here's part of it:

"ITEM 1. CHANGES IN CONTROL OF REGISTRANT
<P>
Pursuant to an Agreement and Plan of Merger (the
"Acquisition Agreement") effective May 11, 2000, World Am
Communications, Inc., a Florida corporation (the "Company"),
acquired one hundred percent (100%) of all the issued and
outstanding shares of common stock ("Common Stock") of
Allmon Management Inc., a Delaware corporation ("Allmon"),
from Gerald Ghini and Robert Hainey, together representing
all of the shareholders of issued and outstanding common
stock of Allmon, for $25,000 and 150,000 shares of $0.0001
par value common stock of the Company (the "Acquisition").
<P>
The Acquisition was approved by the Board of Directors and a
majority of the shareholders of both Allmon and the Company
on May 11, 2000. The Acquisition is intended to qualify as a
reorganization within the meaning of Section 368(a)(1)(A) of
the Internal Revenue Code of 1986, as amended ("IRC").
<P>
Upon effectiveness of the Acquisition, pursuant to Rule
12g-3(a) of the General Rules and Regulations of the
Securities and Exchange Commission (the "Commission"), the
Company elected to become the successor issuer to Allmon for
reporting purposes under the Securities Exchange Act of 1934
(the "Act") and elects to report under the Act effective May
11, 2000.
<P>
As of the effective date of the Acquisition Agreement,
Allmon shall assume the name of the Company. The Company's
officers and directors will become the officers and
directors of Allmon. As of the Effective Date, Mr. Ghini
shall have resigned as an officer and director of Allmon.
<P>
No subsequent changes in the officers, directors and five
percent shareholders of the Company are presently known. The
following table sets forth information regarding the
beneficial ownership of the shares of the Common Stock (the
only class of shares previously issued by the Company) at
May 11, 2000 by (i) each person known by the Company to be
the beneficial owner of more than five percent (5%) of the
Company's outstanding shares of Common Stock, (ii) each
director of the Company, (iii) the executive officers of the
Company, and (iv) by all directors and executive officers of
the Company as a group, prior to and upon completion of this
Offering. Each person named in the table, has sole voting
and investment power with respect to all shares shown as
beneficially owned by such person and can be contacted at
the address of the Company."
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