UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 the earliest event reported): July 26, 1996
21ST CENTURY WIRELESS GROUP, INC.
(NAME OF SMALL BUSINESS ISSUER IN ITS CHARTER)
Nevada 0-27770 41-1824951
(State or other jurisdiction (Commission (IRS employer
of incorporation) File Number) identification No.)
406 Gateway Boulevard, Burnsville, Minnesota 55337
(Address of principal executive offices)
Issuer's telephone number (612) 890-8800
TABLE OF CONTENTS
PAGE
Item 1. Changes in Control of Registrant............................ 1
Item 2. Acquisition or Disposition of Assets........................ 1
Item 3. Bankruptcy or Receivership.................................. 1
Item 4. Changes in Registrant's Certifying Accountant............... 1
Item 5. Other Events................................................ 2
Item 6. Resignations of Registrant's Directors...................... 2
Item 7. Financial Statements and Exhibits........................... 2
Item 8. Change in Fiscal Year....................................... 2
SIGNATURE ........................................................ 3
Item 1. Change in Control of Registrant....................... Not Applicable
Item 2. Acquisition or Disposition of Assets.................. Not Applicable
Item 3. Bankruptcy or Receivership............................ Not Applicable
Item 4. Changes in Registrant's Certifying Accountant......... NoT Applicable
Item 5. Other Events.......................................... On July 26, 1996
the Company signed a letter of intent to acquire substantially all of the assets
of Currie Communications Company, of West Memphis, Arkansas ( Currie's) for a
combination of cash and the Company's stock. Currie operates a "Specialized
Mobile Radio" dealership in the West Memphis area. Curries assets include
communications inventory and service equipment.
The acquisition of Currie is subject to negotiation and execution of a
definitive agreement and other contingencies.
The Board of directors of 21ST CENTURY WIRELESS GROUP, INC. (the "Company")
approved a 3 for 2 stock split for shareholders of record on September 1, 1996..
Effective September 16, 1996, Mr. Kenneth B. Thomson announced his resignation
of Board Chairman of 21ST CENTURY WIRELESS GROUP, INC. Mr. Thomson will remain
on the Board as one of its Directors. Mr. Thomson, who has served as Chairman
since the Company's inception, will be devoting most of his time to other
business opportunities.
The Board of Directors elected James E. Lafayette to the position of Chairman
and Chief Executive Officer. Previously, Mr. Lafayette served as President and
Chief Executive Officer of the Company. At the same meeting, the Company elected
Rodney H. Hutt as its President and Chief Operating Officer. Previously Mr. Hutt
was Executive Vice President and Chief Operating Officer.
Item 6. Resignation of Registrant's Directors................. Not Applicable
Item 7. Financial Statements and Exhibits..................... Not Applicable
Item 8. Change in Fiscal Year................................. Not Applicable
Exhibits: The following exhibits are filed herewith. None
SIGNATURE
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.
21ST CENTURY WIRELESS GROUP, INC.
By: /s/ Stephen J. Mocol
----------------------------------------
Stephen J. Mocol
Vice President & Chief Financial Officer
