EURB: .09x.105, reverse merger.
New company is junum.com
EDITOR'S NOTE: 1 for 40 reverse split involved.
11/30/2000 8K
-On November 10, 2000, EURBID.COM, INC. (the
"Company") acquired approximately 81% of the issued
and outstanding capital stock of Junum.com, Inc.
("Junum") pursuant to a Stock Exchange Agreement,
dated November 15, 2000, by and between the Company,
David B. Coulter and certain shareholders of
Junum.com, Inc., in exchange for 10,990,000 shares of
common stock of the Company (after giving effect to
the 1 for 40 reverse stock split described in Item 5
below). Accordingly, David B. Coulter, the controlling
shareholder of Junum, was issued 7,950,000 shares of
the Company's post reverse-split common stock, and
thereby controls approximately 72% of the common stock
of the Company.
-Junum is a membership based credit management and
financial services company. Since inception, Junum has
acquired aproximately 10,000 gross members based on
membership fees of $21.95 per month. Junum maintains a
web site at
-On November 22, 2000, the Board of Directors of the
Company resolved to change the name of the Company to
Junum.com, Inc.
-On November 22, 2000, the Board of Directors and
majority shareholders of the Company approved a
one-for-forty reverse stock split (the "Reverse Stock
Split") of its outstanding common stock (the "Common
Stock"). The Reverse Stock Split will be effective on
December 8, 2000 to shareholders of record at the
close of business on December 8, 2000. As part of the
Reverse Stock Split, the exercise price and the number
of shares of Common Stock issuable upon exercise of
the Company's outstanding options and warrants will
also be adjusted.
shellstockreview.com
DISCLAIMER
The ShellStockReview.Com is not a Registered Investment
Advisor or a Broker/Dealer. All statements or expressions
are only the opinion of ShellStockReview.Com and are not
meant to be a solicitation or recommendation to buy, sell,
or hold EURB. |
