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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):
May 17, 1999
INTERFOODS OF AMERICA, INC.
(Exact name of registrant as specified in this charter)
NEVADA 000-21093 59-3356011
(State or other jurisdiction (Commission (IRS Employer
of incorporation File Number) Identification No.)
9400 SOUTH DADELAND BOULEVARD, SUITE 720, MIAMI, FLORIDA 33156
(Address and Zip Code of Principal Executive Offices)
Issuer's Telephone Number: (305) 670-0746
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ITEM 1. CHANGES IN CONTROL OF REGISTRANT.
Not Applicable.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
On March 8, 1999, the Registrant, pursuant to an Asset Purchase
Agreement, purchased ten Popeyes Chicken Franchises from The Moody Company.
including the real estate upon which eight of the franchises are located.
Neither The Moody Company or any of its principals are affiliated with the
Registrant. All ten franchises are located in the Baton Rouge, Louisiana area.
The purchase price for the transaction was $9,250,000, of which $5,750,000 was
in cash and $3,500,000 was in debt. Thereafter, the Registrant sold the nine
parcels of real estate in a sale lease back transaction with Franchise Finance
Corporation of America.
ITEM 3. BANKRUPTCY OR RECEIVERSHIP.
Not applicable.
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Not Applicable.
ITEM 5. OTHER EVENTS.
ITEM 6. RESIGNATION OF REGISTRANT'S DIRECTORS.
Not applicable.
ITEM 7. FINANCIAL STATEMENT AND EXHIBITS.
(a) EXHIBITS
The audited financial statements for the purchase will be filed upon
completion of the audit.
ITEM 8. CHANGE IN FISCAL YEAR
Not applicable.
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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.
INTERFOODS OF AMERICA, INC.
(Registrant)
By: /s/ ROBERT BERG
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Robert Berg,
Chief Executive Officer
Dated: May 17, 1999.
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