UNITED STATES
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 Event Requiring Report: December 29, 2000
NOVAMED, INC.
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(Exact Name of Registrant as Specified on its Charter)
000-26927 77-0443643
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(Commission File Number) (IRS Employer Identification Number)
NEVADA
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(State or Other Jurisdiction of Incorporation or Organization)
623 Hoover Street, N.E.. Minneapolis, Minnesota 55413
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(Address of Principal Executive Offices)
(612) 378 1437
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(Registrant's Telephone Number, Including Area Code)
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ITEM 1. Changes in Control of Registrant.
On December 29, 2000, NovaMed Inc., (the "Company") delivered to AAB Corp. a
Minnesota corporation and Greaco 2, Ltd. (collectively the "Inventors")
17,500,000 shares of common stock in consideration for the settlement of debt in
the amount of approximately $250,000 due, based on the terms of a License
Agreement executed on March 1, 1998 and as an inducement to the Inventors to
enter into a new License Agreement dated December 29, 2000. The principal of AAB
Corp. is Art Biesang and the principal of Graeco II Ltd. is Dr. Robert Ersek,
both original inventors of the Company's breast implant gel filling material.
Prior to the issuance to the Company had 18,236,464 shares issued and
outstanding. The Company's issuance to the Inventors brings the total issued and
outstanding to 35,746,464. The Inventors now own approximately 49% of the
Company's issued and outstanding.
ITEM 7. Financial Statements and Exhibits
The following exhibit is included:
a. Agreement for the Issuance, Sale and Purchase of Common Stock of
NovaMed, Inc, dated as of December 29, 2000. (License Agreement
attached)
Pursuant to the requirement of the Securities Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Dated: January 10, 2001
NovaMed, Inc.
A Nevada corporation
By: /s/ Ruairidh Campbell
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Ruairidh Campbell
President
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