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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
December 14, 2000
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Date of Report
(Date of Earliest Event Reported)
PSA, INC.
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(Exact name of Registrant as specified in its charter)
9800 Sepulveda Boulevard
Suite 810
Los Angeles, California 90045
(Address of principal executive offices)
(310) 258-0500
(Registrant's telephone number)
(310) 258-0509 (Fax)
Nevada 0-29627 88-0212662
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
Acquisition of New Business
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On November 30, 2000, PSA, Inc. (the "Company" or "PSA"), completed the
acquisition of 100% of the issued and outstanding stock of Jet Vacations, Inc.
("Jet"), a travel tour operator, specializing in tours to Europe for visitors
from the United States. Jet's office is located in El Segundo, California.
Pursuant to the terms of the Acquisition Agreement, the former shareholders of
Jet received the following consideration:
242,593 shares of restricted PSA common stock.
PSA's Reasons for Acquisition
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Through PSA Internet, Inc., one of PSA's majority-owned subsidiaries, the
Company plans to build a comprehensive Internet portal located at
http://www.pasazz.com to provide a full range of on-line traveling services. The
acquisition of Jet is pursuant to this growth plan.
ITEM 7. FINANCIAL STATEMENTS
The financial statements required by this item will be filed no later than
February 13, 2001.
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EXHIBITS
2.1 Acquisition Agreement dated September 6, 2000 for purchase of stock of
Jet Vacations, Inc.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Current Report to be signed on its behalf by the
undersigned hereunto duly authorized.
PSA, Inc.
By: /s/ David E. Walsh
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President, Chief Executive Officer
Dated: December 14, 2000
