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To: scion who wrote (5560)1/15/2004 11:31:28 AM
From: scion  Respond to of 12465
 
Skybridge Wireless Inc · 10SB12G/A · On 12/15/99 ·

10SB12G/A
ITEM 1. DESCRIPTION OF BUSINESS

BACKGROUND

The Entertainment Internet, Inc. (The "Company") is a Nevada corporation formed
on January 20, 1992 as West Tech Services, Inc. The name was changed by the
Board of Directors on August 3, 1998. The Company's principal place of business
is located at 5757 Wilshire Blvd., Los Angeles, California 90036. The Company
was organized to engage in any lawful corporate business purpose. The Company
was in the developmental stage until approximately April 1999, at which time new
management began implementing the business plan of the Company.

The Company formed a wholly-owned subsidiary in California as a California
corporation, The Entertainment Internet, Inc. (TEI-CAL) to be the operating
Company. On March 23, 1999, TEI-CAL was merged with Only Multimedia Network,
Inc., a California corporation (OMNI), with OMNI being the surviving
corporation. The Company currently operates as the parent company for OMNI,
which has done business under the Castnet.com(TM) fictitious name since February
9, 1999. Use of the Castnet.com(TM) fictitious name by others has been alleged
to have resulted in trademark infringement, which is being investigated by the
Company.
When incorporated, the Company had authority to issue 25,000 shares of no-par
value stock. On April 3, 1998, the Articles of Incorporation of the Company were
amended to establish 60 million shares of stock, 50 million common and 10
million preferred. (See Amendment to Articles of Incorporation).

The Board of Directors has elected to begin implementing the Company's principal
business purpose, described below under "Item 2, Plan of Operation". As such,
the Company has become fully operational, expanding its basic Internet business
and seeking combinations with other businesses which will enhance the Company's
competitive ability and expand its operations into broader areas in both the
Internet and entertainment casting industries.

The Company is filing this registration statement on a voluntary basis, pursuant
to section 12(g) of the Securities Exchange Act of 1934 (the "Exchange Act"), in
order to ensure that public information is readily accessible to all
shareholders and potential investors, and to increase the Company's access to
financial markets. In the event the Company's obligation to file periodic
reports is suspended pursuant to the Exchange Act, the Company anticipates that
it will continue to voluntarily file such reports.

secinfo.com



To: scion who wrote (5560)1/15/2004 7:00:39 PM
From: peter michaelson  Read Replies (2) | Respond to of 12465
 
Is this the same Hadid with a consulting agreement with CYPT?

TEI Co-chairman Mohamed Hadid said, "Election of Mr. Zwebner represents another step forward in the restructuring of the Corporation's business plans."



To: scion who wrote (5560)1/16/2004 7:43:38 AM
From: tonto  Read Replies (2) | Respond to of 12465
 
It truly is a small market and the names just move from one penny to another like they were real...



To: scion who wrote (5560)1/16/2004 9:01:05 AM
From: Bill Ulrich  Read Replies (1) | Respond to of 12465
 
Does the flight attendant provide a barf bag on this route, or do I just hold it till we reach Ottumwa?

"Prior to his election, Zwebner conducted due diligence inquiries that included review of the corporation's capital structure, prior transactions, current commitments, and interviews with subsidiary corporation staff. Throughout the due diligence process, Zwebner retained his belief that TEI has not yet realized more than a fraction of its potential and that he could assist in moving TEI toward its profit-making goals.

TEI Chief Operating Officer Jeremy Schuster said, "Mr. Zwebner understands the roles of e-commerce and strategic relationships in our new business model; his years of marketing experience can only complement the initiative we undertook last July. The Board welcomes Mr. Zwebner and looks forward to his continued involvement."
"