SSCI - this one is interesting - otcbb.com filed so no pinks.
read the 8K and 10KSB,
freeedgar.com
Business History. Sports Sciences, Inc., the predecessor to Smart Games
Interactive, Inc. (the "Issuer") was incorporated under the laws of the State of
Ohio in October, 1991. In April 1994, Sports Sciences completed an initial
public offering of securities pursuant to an effective registration statement
under the Securities Act of 1933 (the "Securities Act"). Subsequently, in
connection with the listing of its securities on the Nasdaq system, Sports
Sciences registered its common stock under Section 12(g) of the Securities
Exchange Act of 1934 (the "Exchange Act"). At the 1996 Annual Meeting of the
stockholders of Sports Sciences, the stockholders approved a plan to change the
corporate domicile of Sports Sciences by means of a statutory merger between
Sports Sciences and Smart Games Interactive, Inc., a newly formed wholly-owned
subsidiary of Sports Sciences. This merger was consummated on October 11, 1996
and the Issuer has been subject to the reporting requirements of the Exchange
Act since that date.
The Issuer's common stock is listed on the NASD's Electronic Over-the-Counter Bulletin Board (symbol SSCI).
Effect Required Corporate Changes--before proceeding to closing on a
proposed business combination, Capston will be required to effect a number
of material changes in the Registrant's corporate structure. At the date of
this Current Report on Form 8-K, Capston expects that it will be required
to:
a. effect a reverse split of at least 1 for 40 and perhaps as much as 1
for 45;
b. authorize the issuance of sufficient shares to facilitate the business
combination and the go-forward activities of the combined entities;
c. change the Registrant's name to a one selected by the Target Company;
d. authorize stock option and other incentive plans for the combined
entities; and
e. effect any other reasonable structural changes that are required by the
Target Company as a condition of the business combination.
