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Microcap & Penny Stocks : SHOPSS.com Access Tel Inc No Computer Delivered web dn #dis -- Ignore unavailable to you. Want to Upgrade?


To: SEC-ond-chance who wrote (41)6/9/2002 6:06:25 PM
From: SEC-ond-chance  Read Replies (1) | Respond to of 53
 
From Accesstel Inc/UT · 10QSB · For 3/31/0 filed on 6/2/00

Immediately prior to October 27, 1999, the Company was an inactive public
company. Effective October 27, 1999 (the "Closing Date"), pursuant to an Asset
Purchase Agreement, the Company purchased from OSCM the following assets: (a) an
80% ownership interest in CCM; (b) all rights to the option to purchase the
remaining 20% ownership interest in CCM; and (c) all assets relating to the
Shopss.com virtual shopping mall owned by OSCM, including, all software,
websites and related technology, customers and customer lists, patents,
trademarks and trade names. In exchange for the Acquired Assets, the Company
issued to OSCM 12,000,000 shares (representing approximately 60% of its
outstanding shares after giving effect to the transaction) of its Common Stock.
The Company also agreed to assume the liabilities relating to the Shopss.com
business as recorded on the financial statements of OSCM and the liabilities
relating to the option of the stockholders of CCM to require OSCM to purchase
the remaining 20% interest in CCM. Pursuant to a subsequent agreement in
principle (which has not yet been signed) between the Company and OSCM

(a) a
clarification was made to the effect that none of the assets relating to the
Shopss.com virtual shopping mall would include any of the assets or liabilities
relating to the virtual shopping mall operated by a subsidiary of OSCM in
Israel; (b) any obligation of the Company to pay cash for the Acquired Assets
was extinguished; and (c) the holdings of OSCM in the Company were adjusted by
reducing the number of shares of Common Stock owned by OSCM from 12,000,000
shares to 1,000,000 shares with a warrant in favor of OSCM to purchase up to
3,000,000 additional shares of the Company's Common Stock and (d) the Company
agreed to extinguish all liabilities owed by OSCM to the Company (approximately
$1.6 million). Immediately after the closing of the purchase of the Acquired
Assets, the Company effected a forward split of 5.435034 for one.



To: SEC-ond-chance who wrote (41)6/9/2002 6:14:32 PM
From: SEC-ond-chance  Read Replies (1) | Respond to of 53
 
Prior to issuing AccessTel the restricted shares required for the acquisition and the financing, Shopss.com has reduced, through cancellation a substantial number of its outstanding shares. No reverse or forward split is being considered.

SHOPSS COM INC - Proceeds with Name and Symbol Change

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Story Filed: Tuesday, July 25, 2000 5:24 PM EST

New York, New York, Jul. 25, 2000 (Market News Publishing via COMTEX) -- Shopss.com Inc. announced that in anticipation of the closing of its merger with AccessTel, it has began the process of applying for a new Cusip number and a symbol better reflecting its new business activities and direction.

In addition, the corporation intends to replace the current name of Shopss.com by AccessTel Inc., which clearly refers to its core business in Wireless and VoIP technology.

Prior to issuing AccessTel the restricted shares required for the acquisition and the financing, Shopss.com has reduced, through cancellation a substantial number of its outstanding shares. No reverse or forward split is being considered.

Stuart Bockler, CFO of AccessTel commented, "All the elements are now in place for a timely conclusion to the merger, after which we plan to announce our selection of Company Auditors and Attorneys to be chosen among the top firms in the field." He added, "We look forward to quickly implement our business plan and to generate substantial value for our shareholders."

About AccessTel AccessTel Inc. was founded in February 1999 by three shareholders with a vision: Dr. William C.Y. Lee, a wireless communications expert, Mr. Lawrence Liang, a high-tech Company executive and Mr. Stuart Bockler, a renown equity analyst. AccessTel, through joint ventures and acquisitions, is poised to begin providing wireless, telecom services and Utility Meter Reading over a "Wireless and Wired Broadband Network," primarily in China and the Western USA, from its base in San Jose, Calif. The wireless network and wireless local loop (WLL) services will provide quick deployment of phone, fax, high-speed data, video and fixed ISP connection. In addition to deploying the latest broadband wireless strategies and telecom solutions, AccessTel plans to develop 3G Wireless Global Roaming Technologies, in its own laboratory, under the guidance of Dr. William C.Y. Lee. The company's business plan has attracted major strategic alliances to help it achieve its business goals timely and effectively.

Forward-looking statements in this release are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products and technological changes, the company's dependence upon third-party suppliers, intellectual-property rights and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission.

TEL: 818/783-0054 Worldwide Corporate Finance, Encino, Calif.
TEL: 818/783-0054 Worldwide Corporate Finance, Encino, Calif
Sy Mitzner



To: SEC-ond-chance who wrote (41)6/10/2002 11:47:04 AM
From: SEC-ond-chance  Read Replies (1) | Respond to of 53
 
Agreement May 12 2000 regarding cancelling the 11 million shares issued to OSCR for the SHPS shell (ACII symbol , Amci International-name)

November 7 2000 Merger of Shopss.com and AccessTel Approved by AccessTel Board of Directors...businesswire released

Jerry Conca and Amci International are still defendents in a law suit alleging securities fraud in conjunction of the SHPS spinoff, but it was never mentioned in a SEC filing until after one full year, well after the stock price of OSCR and SHPS had completely collapsed,

.
U.S. District Court

New York Eastern (Uniondale)

CIVIL DOCKET FOR CASE #: 99-CV-8512

Integrated Tech. and, et al v. Rosenfeld, et al

Filed: 12/27/99
Assigned to: Judge Arthur D. Spatt
Demand: $5,000,000
Nature of Suit: 850
Lead Docket: None
Jurisdiction: Federal Question
Dkt# in other court: None
Cause: 28:1331sv Federal Question-Securities Violation

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INTEGRATED TECHNOLOGY AND Steven Altman
DEVELOPMENT, INC. [COR LD NTC]
plaintiff Zevnik Horton Guibord McGovern
Palmer & Fognani
1330 Avenue Of The Americas
11th Floor
New York, NY 10019
212-407-0600
ISRAEL LETZTER, individually Steven Altman
plaintiff (See above)
[COR LD NTC]
ISRAEL LETZTER, derivatively Steven Altman
on behalf of the shareholders (See above)
of Activinet, Ltd. [COR LD NTC]
plaintiff
v.
ISRAEL ROSENFELD
defendant
RAMI ADLER
defendant
GERARD CONCA Leily Lashkari
defendant [COR LD NTC]
Loeb & Loeb LLP
345 Park Avenue
New York, NY 10154
(212) 407-4000
DAVID C. MERRELL
defendant
AMCI INTERNATIONAL INC. David B. Eizenman
defendant [COR LD NTC]
Loeb & Loeb LLP
345 Park Avenue
New York, NY 10154
(212) 407-4000
MICHAEL C. BROWN
defendant
OSCM-ONE STOP.COM, INC. David B. Eizenman
defendant (See above)
[COR LD NTC]
ACTIVINET, LTD.
defendant
ACTIVINET, S.A.
defendant

......................................................................
.....................................................................

6/13/00 36 ANSWER to Complaint by Gerard Conca, AMCI Int. Inc.,
OSCM-One Stop.com (lac) [Entry date 06/14/00]

6/13/00 37 Disclosure of interested parties by AMCI Int. Inc.,
OSCM-One Stop.com (lac) [Entry date 06/14/00]

8/11/00 -- Status conference held (lac) [Entry date 08/21/00]

8/11/00 38 Calendar entry: before Judge Lindsay on 8/11/00, Civil
Cause for Status Conference. The court is advised that the
defendants motion to dismiss dated 1/18/00 was granted in
part and denied in part. Telephone set status conference
for 11:30 8/25/00 before Magistrate Arlene R. Lindsay
Plaintiff to initiate call. So Ordered. c/m (lac)
[Entry date 08/21/00]

8/24/00 39 LETTER dated 8/23/00 from Eric Rosenberg to Magistrate
Lindsay re: Seeking a cancellation or postponement of the
conference for 8/25/00 at 11:30 A.M. (hmj)
[Entry date 08/31/00]

8/25/00 -- Status conference held (hmj) [Entry date 08/31/00]

8/25/00 40 Calendar entry: Before Magistrate Lindsay on 8/25/00 at
11:30 A.M., Status conference by telephone. Counsel for all
sides present. Set telephone conference for 3:00 9/29/00
before Magistrate Arlene R. Lindsay to set up a revised
discovey schedule Plaintiff to initiate phone call. SO
ORDERED c/m (hmj) [Entry date 08/31/00]

10/12/00 41 PRETRIAL SCHEDULING ORDER; setting Settlement Conference by
10:00 4/12/01; Discovery cutoff 3/26/01; Rule 56.1
statement to be served by moving party by 4/3/01
(responding party shall have seven days to serve responsive
56.1 statement). (signed by Magistrate Arlene R. Lindsay ,
on 9/29/00). So Ordered. c/m (lac) [Entry date 11/06/00]

2/1/01 42 LETTER dated 2/1/01 from Jamie A. Forman, Law Clerk to
Counsel/Litigant RE: The purpose of this letter is to
remind the parties of the following dates: All discovery
must be concluded by 3/26/01. Pltff is hereby directed to
serve a copy of this letter on all parties upon receipt.
C/F (cnv) [Entry date 02/07/01]

3/21/01 -- CASE NO LONGER REFERRED TO Magistrate Arlene R. Lindsay,
as per Order dtd 3/19/01. (mg) [Entry date 03/21/01]

3/22/01 43 STIPULATION and ORDER, dismissing all claims asserted in
this action without prejudice (Signed by Judge Arthur D.
Spatt, on 3/22/01). (lac) [Entry date 03/28/01]

3/22/01 -- Case closed (lac) [Entry date 03/28/01]

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

Case Flags:
CLOSED

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END OF DOCKET: 9:99cv8512

Message 17550518

Message 17552415