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 |