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

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To: Jim Bishop who started this subject7/11/2000 11:16:43 PM
From: Jim Bishop  Read Replies (1) of 150070
 
IIMC here's a DD post from RB.

By: blueTempest $$$$
Reply To: None
Tuesday, 11 Jul 2000 at 8:04 PM EDT
Post # of 3271

IIMC DUE DILIGENCE:

Float: approximately 10 million
Outstanding: 24-25 million

Clean shell. No legal issues. Looking for business opportunities.

CURRENT NEWS:

(PR NEWSWIRE) 21 Equity Partners, LLC Joins Internet Multimedia Corporation
21 Equity Partners, LLC Joins Internet Multimedia Corporation

AmEurotech Corporation Enters Into Letter of Intent to Merge With
Internet Multimedia Corporation
internetnewsmedia.com

News Release #2 - 07-10-2000
AmEurotech Corporation Enters Into Letter of Intent to Merge With
Internet Multimedia Corporation

CHARLOTTE, N.C., Jul 10, 2000 /PRNewswire via COMTEX/ -- American Holding
Corporation dba AmEurotech Corporation announced today that the company has
entered into negotiations with Internet Multimedia Corporation (OTC Bulletin
Board: IIMC) to merge its business operations via reverse merger.

American Holdings Corporation dba AmEurotech Corporation is a North Carolina
based software and hardware technology company with $6.5 million in tangible
assets and has ongoing business in Greece, Spain, the United Kingdom, and
currently expanding its business into the United States and South America. The
company's net earnings for fiscal 2000 are projected at $1.5 million with
projected earnings for 2001 to between $20 million and $25 million.

Upon successful completion of the reverse merger AHC dba AmEurotech Corporation
will announce a name change and symbol change to better reflect the business of
the company.

Reno J. Calabrigo, President and CEO of IIMC, said, "We are excited about this
opportunity with the AmEurotech merger and becoming a profitable International
Internet services company."

Note: Safe Harbor Statement

Securities Litigation Reform Act of 1995: This release contains forward- looking
statements that are subject to risk and uncertainties, including, but not
limited to, the impact of competition, new and untested products, uncertainty of
revenues and earnings, fluctuations in stock price and liquidity, fluctuating
operating results, and other risks detailed from time to time in the company
filings with the Securities and Exchange Commission.

For more information contact:
Ed Knowles
Merger and Acquisitions for 21st Equity Partners LLC
704-540-8138
eknowles@21ep.com

NEWS Release #2 - 07-10-2000
(PR NEWSWIRE) 21 Equity Partners, LLC Joins Internet Multimedia Corporation
21 Equity Partners, LLC Joins Internet Multimedia Corporation

TORONTO, July 10 /PRNewswire/ -- Internet Multimedia Corporation
(OTC Bulletin Board: IIMC) announced today the company has engaged the
services of 21st Equity Partners, LLC a Charlotte, NC-based financial,
marketing and development firm. 21EP specializes in corporate communications,
mergers and acquisitions, and investors relations. Coverage for IIMC will be
coming soon at internetnewsmedia.com .
"We have already started the process of working with IIMC directors in
developing a strong infrastructure based on their Internet related business
model," said Clint Walker, Vice President Research and Marketing of 21st
Equity Partners, LLC. "Our scope of services will include corporate website
development, brand awareness, and implementation of an aggressive merger and
acquisition program," says Walker.
Reno J. Calabrigo, President and CEO of IIMC said, "We are very pleased to
have 21st Equity Partners join IIMC. 21EP provides consulting services which
expands from Internet brand awareness to a history of successful merger and
acquisition transactions."

Note: Safe Harbor Statement
Securities Litigation Reform Act of 1995: This release contains forward-
looking statements that are subject to risk and uncertainties, including, but
not limited to, the impact of competition, new and untested products,
uncertainty of revenues and earnings, fluctuations in stock price and
liquidity, fluctuating operating results, and other risks detailed from time
to time in the company filings with the Securities and Exchange Commission.

21st Equity Partners
Clint Walker
Vice President Marketing and Research
704-540-8138
ir@21ep.com

Reno J. Calabrigo, MBA
StarQuest Capital Corporation
170 The DonWay West, Suite 305
Toronto, Ontario M3C 2G3
Tel: 416-441-3083
Fax: 416-441-2995
Email: starquest@on.aibn.com

SOURCE Internet Multimedia Corporation
-0- 07/10/2000
/CONTACT: Clint Walker, Vice President Marketing and Research of 21st
Equity Partners, 704-540-8138, or ir@21ep.com , or Reno J. Calabrigo, MBA of
StarQuest Capital Corporation, 416-441-3083, or fax, 416-441-2995, or
e-mail, starquest@on.aibn.com , for Internet Multimedia Corporation/
/Web site: internetnewsmedia.com /
(IIMC)

Here is the official SEC filing for RENO CALABRIGO taking over the reigns of the company:

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) July 5, 2000

INTERNET MULTI-MEDIA CORPORATION
----------------------------------------------------
(Exact name of registrant as specified in its charter)

NEVADA 0-29292 97-0431096
------- ------- ----------
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)

2533 NORTH CARSON STREET, SUITE 3358, CARSON CITY, NEVADA 89706
---------------------------------------------------------------
(Address of principal executive offices)

Registrant's telephone number, including area code (702) 841-4779
--------------

ITEM 1. CHANGES IN CONTROL OF REGISTRANT.

The registrant issued the press release included as Exhibit (99)(a) to
this Form 8-K on July 5, 2000. As stated in the attached press release: Michael
Waldkirch has resigned as President and as a director of the registrant and Reno
J. Calabrigo has been appointed by the Board of Directors as President, CEO, and
as a director. Mr. Waldkirch shall continue to advise and assist the registrant
as a consultant.

ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS.

On July 5, 2000, Michael Waldkirch, registrant's President and a
director, resigned from all positions with registrant. Mr. Waldkirch shall,
however, continue to advise and assist registrant as a consultant. Mr.
Waldkirch's resignation was for the purpose of allowing him to pursue other
business opportunities and was not because of a disagreement with registrant on
any matter related to registrant's operations, policies or practices.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

EXHIBITS:

The following exhibits are filed with this Form 8-K:

EXHIBIT NUMBER DESCRIPTION OF EXHIBIT
-------------- ---------------------

99(a) Press release of registrant dated July 5, 2000

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.

INTERNET MULTI-MEDIA CORPORATION

Date July 5, 2000 By: /s/ RENO J. CALABRIGO
------------ -------------------------------------
RENO J. CALABRIGO, PRESIDENT
AND DIRECTOR

TYPE: EX-99.(A) OTHERDOC
SEQUENCE: 2
FILENAME: ex99-a.txt
DESCRIPTION: PRESS RELEASE

OTHERDOC AVAILABLE Series=ex99 a.txt Ver="": Document is copied.

EXHIBIT 99(a)

INTERNET MULTIMEDIA CORPORATION

PRESS RELEASE

WEDNESDAY, JULY 5, 2000 OTCBB:IIMC

--------------------------------------------------------------------------------

RENO J. CALABRIGO APPOINTED PRESIDENT AND CEO

Toronto, Canada - Internet Multimedia Corporation (IIMC) announced today that
Reno J. Calabrigo, MBA has joined the Board of Directors and will immediately
assume the offices of President and CEO. Further, Michael Waldkirch has
resigned as Director and President of IIMC but will continue to assist Mr.
Calabrigo at Board level.

Mr. Calabrigo stated that the corporate offices of the Company would immediately
be relocated to Toronto, Canada where initial focus on management would be
providing funding for the Company and review the current status of SMC
Soundmusic.com Corporation. Additionally, other acquisitions for IIMC have been
targeted and will be made available if and when they are completed.

For further information contact:

Reno J. Calabrigo, MBA
StarQuest Capital Corporation
170 The DonWay West, Suite 305
Toronto, Ontario M3C 2G3
Tel: 416-441-3083
Fax: 416-441-2995
Email: starquest@on.aibn.com
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