Securities and Exchange Commission
Washington, D.C. 20549
Form 8-K/A
Current Report
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported): September 4, 1998.
Internet Media Corporation
(Exact name or registrant as specified in its charter)
NEVADA 333-26385 72-1346591
(State or other (Commission File No.) (I.R.S. Employer
jurisdiction of Identification No.)
incorporation)
8748 Quarters Lake Road, Baton Rouge, Louisiana 70809
(Address of principal executive offices,
including zip code)
Registrant's telephone number,
including area code: (504) 922-7744
Media Entertainment, Inc.
(Former name or address, if changed since last report)
Form 8-K
Internet Media Corporation
Item 2. Acquisition or Disposition of Assets.
On September 4, 1998, Internet Media Corporation, a Nevada corporation (the
"Company"), through its wholly-owned subsidiary, Santa Fe Wireless
Internet, Inc., a New Mexico corporation ("SFWI"), acquired all of the
assets, including the name and good will, of a Santa, Fe, New Mexico-based
sole proprietorship known as "Desert Rain Internet Service" ("DSRT"). The
assets acquired from DSRT are useful in the operation of an Internet
Service Provider (ISP) and included, without limitation, modems, computer
hardware and office equipment. With the acquired assets, SFWI currently
operates an ISP under the Desert Rain Internet Service trade name. The
assets of DSRT were acquired from Katrina Koehler for $25,000 in cash,
which sale price was determined through negotiations with Ms. Koehler. The
source of funds for the acquisition of DSRT was the Company's capital
reserves.
Item 7. Financial Statements and Exhibits.
Pursuant to the applicable provisions of Regulation S-X, Registrant is not
required to provide audited financial statements relating to DSRT.
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, thereunto duly authorized.
Dated: November 20, 1998.
INTERNET MEDIA CORPORATION
By: /s/ David M. Loflin
David M. Loflin
President
INDEX OF EXHIBITS
Exhibit # Description of Document
- --------- -----------------------
* 10.1 Business Acquisition Agreement, dated as of
August 7, 1998, between Santa Fe Wireless
Internet, Inc., a New Mexico corporation and
Katrina Koehler, d/b/a Desert Rain Internet
Service, a sole proprietorship.
___________________________
* Incorporated by reference from Registrant's Current Report on Form 8-K,
dated of event: 9-4-98, filed with the Commission on September 22, 1998.
