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 Earliest Event Reported: July 24, 2000
FIRST CAPITAL INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-26271 76-0582435
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation or organization) Identification No.)
5120 Woodway, Suit 9004, Houston, Texas 77056
(Address of principal executive offices, including zip code)
(Address of principal executive offices, including zip code)
Voice: (713) 629-4866
(Registrant's telephone number, including area code)
Item 2. Acquisition or Disposition of Assets
On July 24, 2000 we sold our subsidiary, EIP Liisingu As, an Estonian
corporation ("EIP"). The buyer was Literary Financing Limited, a Hong Kong
corporation, which purchased all of the outstanding shares of EIP from us for
the sum of $10,000. EIP is in the leasing business in Estonia. We sold EIP
because EIP has not been profitable and because EIP does not fit into our
current business model. Our current business model is to start or acquire
businesses that can be conducted as e-commerce entities on the Internet. The
terms and conditions of this transaction were determined by the parties through
arms length negotiations. However, no appraisal was conducted.
Item 7. Financial Statements and Exhibits
(A) The financial information will be filed by amendment no later
than October 9, 2000.
(B) Exhibit 10.1 Sales Agreement
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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.
FIRST CAPITAL INTERNATIONAL, INC.
Date: July 27, 2000 By: /s/ Alex Genin
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Alex Genin, President
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