U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-KSB
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Fiscal Year Ended December 31, 1999Commission File No. 0-26419
EREBUS CORPORATION
(Name of small business issuer in its charter)
DELAWARE 52-2175690
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1504 R Street, N.W.
Washington, D.C. 20009
(Address of principal executive offices)
Issuer's telephone number: 202/387-5400
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act: Common Stock
(Title of Class)
Check whether the issuer (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for
such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.
Yes X ; No
Check if there is no disclosure of delinquent filers in response to Item 405
of Regulation S-B is not contained in this form, and no disclosure will be
contained, to the best or registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form
10-KSB or any amendment to this Form 10-KSB. [x]
State issuer's revenues for its most recent fiscal year: $0
At March 31, 2000 there were no outstanding shares of registrant's common
stock held by non-affiliates.
Check whether the issuer has filed all documents and reports required to be
filed by Section 12, 13 and 15(d) of the Exchange Act after the distribution
of securities under a plan confirmed by a court. Yes ____ ; No ___
Not applicable
At March 31, 2000, a total of 5,000,000 shares of registrant's common stock
were outstanding.
DOCUMENTS INCORPORATED BY REFERENCE: None
Transitional Small Business Disclosure Format (check one): Yes; No X
EREBUS CORPORATION
PART I
ITEM 1. DESCRIPTION OF BUSINESS
EREBUS CORPORATION ("EREBUS" OR THE "COMPANY") WAS INCORPORATED ON
JUNE 7, 1999 UNDER THE LAWS OF THE STATE OF DELAWARE TO ENGAGE IN ANY LAWFUL
CORPORATE UNDERTAKING, INCLUDING, BUT NOT LIMITED TO, SELECTED MERGERS AND
ACQUISITIONS. EREBUS WAS FORMED TO PROVIDE A METHOD FOR A FOREIGN OR
DOMESTIC PRIVATE COMPANY TO BECOME A REPORTING ("PUBLIC") COMPANY WITH A
CLASS OF REGISTERED SECURITIES.
ON JUNE 17, 1999, EREBUS VOLUNTARILY FILED A REGISTRATION STATEMENT ON
FORM 10-SB WITH THE SECURITIES AND EXCHANGE COMMISSION TO BECOME A REPORTING
COMPANY UNDER THE SECURITIES EXCHANGE ACT OF 1934 WHICH REGISTRATION
STATEMENT BECAME AUTOMATICALLY EFFECTIVE 60 DAYS AFTER ITS FILING.
AT DECEMBER 31, 1999, EREBUS HAD NO OPERATING HISTORY, NO REVENUES OR
EARNINGS FROM OPERATIONS, NO SIGNIFICANT ASSETS, AND NO FINANCIAL RESOURCES.
UNTIL EFFECTIVENESS OF A BUSINESS COMBINATION, THE SOLE SHAREHOLDER OF
EREBUS HAS AGREED TO PAY ALL ITS EXPENSES WITHOUT EXPECTATION OF REPAYMENT
BY EREBUS.
IN 1999, EREBUS SOUGHT TO LOCATE AND NEGOTIATE WITH A BUSINESS ENTITY
FOR THE COMBINATION OF THAT TARGET COMPANY WITH IT.
AGREEMENT FOR BUSINESS COMBINATION
Erebus entered into a plan and agreement of reorganization with IVP
Technology Corporation, a Nevada corporation ("IVP"), on March 21, 2000.
By the terms of the agreement IVP will acquire all the outstanding shares of
common stock of Erebus from the shareholder thereof in an exchange for an
aggregate of 350,000 shares of common stock of IVP. As a result, Erebus
will become a wholly-owned subsidiary of IVP. The acquisition has not been
effected as of the date hereof. Upon closing of the acquisition, Erebus
will file a Current Report on Form 8-K describing the acquisition.
IVP TECHNOLOGY CORPORATION
IVP Technology Corporation is a holding company that was incorporated
in the State of Nevada in 1994 with the purpose of identifying and acquiring
private companies and/or their technologies in the high technology field.
The authorized capitalization of IVP consists of 50,000,000 shares of common
stock, $.001 par value per share, and no shares of preferred stock. IVP has
34,840,848 shares of its common stock issued and outstanding. IVP's
principal business office is located in Ontario, Canada and it maintains an
Internet Web site located at http://www.ivptechnology.com.
On March 30, 1999, IVP entered into a one-year initial software
distribution agreement with Orchestral Corporation ("Orchestral"), a
privately held Canadian software and systems developer. Under the terms of
this distribution agreement, IVP was granted exclusive rights to market and
distribute Orchestral's PowerAudit software in the United States. In
September, 1999, the distribution agreement was expanded to include the
European Economic Community.
IVP has limited finances and requires additional funding in order to
accomplish its growth objectives and marketing of its products and services.
Since its inception, IVP has not sold any products or services and has had
no revenues. There is no assurance that IVP will be able to secure any or
all funding necessary for its future growth and expansion. There is also no
assurance that even if it manages to obtain adequate funding to complete any
contemplated acquisition, such acquisition will succeed in enhancing its
business and will not ultimately have an adverse effect on the Company's
business and operations.
IVP has been a non-reporting publicly traded company with certain of
its securities exempt from registration under the Securities Act of 1933.
The common stock of IVP is traded on the OTC Bulletin Board. The market for
OTC securities is characterized generally by low volume and broad price and
volume volatility. There is no assurance that a stable trading market will
develop for the stock of IVP or that an active trading market will be
sustained. The NASD Stock Market has implemented a change in its rules
requiring all companies trading securities on the NASD OTC Bulletin Board to
become reporting companies under the Securities Exchange Act of 1934. IVP
intends to acquire all the outstanding shares of Erebus to become successor
issuer to it pursuant to Rule 12g-3 of the General Rules and Regulations of
the Securities and Exchange Commission in order to comply with the
Eligibility Rule for the NASD OTC Bulletin Board.
On April 7, 2000, by letter to the NASD, the Securities and Exchange
Commission stated that in regard to transactions effected pursuant to Rule
12g-3, the Commission may choose to review the Current Report on Form 8-K
filed regarding the transaction. If review is chosen to be made of such
transaction, it may delay the effect of the transaction and the effect of
the successor issuer election. Upon closing of the acquisition, IVP will
file a Current Report on Form 8-K. If the Commission determines to review
IVP's Current Report, then IVP's compliance with the Eligibility Rule for
the NASD OTC Bulletin Board may be delayed. IVP is required to comply by
April 20, 2000, with the Eligibility Rule to retain its listing on the NASD
OTC Bulletin Board. IVP anticipates closing the acquisition and filing the
Current Report on Form 8-K prior to that date. However, if it is not in
compliance by April 20, 2000, then its securities will be traded on the
"pink sheets" published by the National Quotation Bureau, Inc. which may
result in a decrease in the market price of IVP's common stock and a loss
of its value.
IVP'S PRODUCT
PowerAudit is a software product designed to provide a platform for
remote data collection and market survey purposes. PowerAudit software
utilizes the Internet in its communication and delivery infrastructure, and
Microsoft Windows CE operating system on handheld computers to facilitate
remote data collection. PowerAudit software is intended for use by the
companies that have many products in the marketplace, and that need to
obtain an expedient market research data and market positioning.
ITEM 2. DESCRIPTION OF PROPERTY
Erebus has no properties and has no agreements to acquire any
properties. Erebus currently uses the offices of its management at no cost
to it. Management of Erebus has agreed to continue this arrangement until
Erebus effects an acquisition or merger.
ITEM 3. LEGAL PROCEEDINGS
None.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
During 1999, there were no actions brought before the securityholders
of Erebus Corporation.
PART II
ITEM 5. MARKET FOR THE REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER
MATTERS
TPG Capital Corporation is the sole shareholder of Erebus and on June
7, 1999 was issued pursuant to Rule 506 of Regulation D of the General Rules
and Regulations of the Securities and Exchange Commission 5,000,000 shares
of common stock for an aggregate purchase price of $500. The purchase price
of common stock of Erebus acquired by TPG Capital Corporation was par value,
was negotiated between affiliated parties, and does not necessarily
represent the price at which the Company would offer its securities to
others or the price others would pay for such securities.
There has never been a public trading market for Erebus' common stock.
Erebus has an authorized capitalization of 100,000,000 shares of common
stock, $.0001 par value per share, of which 5,000,000 were issued as of
December 31, 1999 and 20,000,000 shares of preferred stock, $.0001 par value
per share, of which none were issued.
HOLDERS
As of December 31, 1999 Erebus had 5,000,000 shares of common stock
outstanding held by 1 shareholder of record.
DIVIDENDS
Erebus has never declared or paid cash dividends on its common stock
and anticipates that future earnings, if any, will be retained for
development of its business.
ITEM 6. PLAN OF OPERATION
Search for Target Company
In 1999, Erebus entered into an agreement with TPG Capital
Corporation, its sole shareholder, to supervise the search for target
companies as potential candidates for a business combination. TPG Capital
Corporation agreed to pay all expenses of Erebus until a business
combination was effected, without repayment.
At December 31, 1999, TPG Capital Corporation owned 5,000,000 shares
of Erebus' common stock for which it paid $500, or $.0001, par value per share.
Erebus' Management
At December 31, 1999, Erebus had no full time employees. James M.
Cassidy was the sole officer of Erebus and its sole director. Mr. Cassidy
was also the controlling shareholder of TPG Capital Corporation, Erebus'
sole shareholder. As of December 31, 1999, Mr. Cassidy, as president of
Erebus, agreed to allocate a limited portion of his time to the activities
of Erebus without compensation.
General Business Plan
In 1999, Erebus' purpose was to seek, investigate and, if such
investigation warranted, acquire an interest in a business entity which
desired to seek the perceived advantages of a corporation which has a class
of securities registered under the Exchange Act. The search has resulted in
the acquisition agreement with IVP. Erebus anticipates that the acquisition
by IVP will be effected and that it will file a Current Report on Form 8-K
describing the acquisition.
Erebus had no capital with which to enter into any business
combination. Management believed that Erebus would be able to offer
prospective target companies the opportunity to acquire ownership interest
in a reporting company without incurring the cost and time required to
conduct an initial public offering. Management did not conduct market
research and was not aware of statistical data to support the perceived
benefits of a business combination for the owners of a target company.
ITEM 7. FINANCIAL STATEMENTS
The audited financial statements for Erebus Corporation as of December
31, 1999 are included herewith.
EREBUS CORPORATION
(A DEVELOPMENT STAGE COMPANY)
FINANCIAL STATEMENTS
AS OF DECEMBER 31, 1999
EREBUS CORPORATION
(A DEVELOPMENT STAGE COMPANY)
CONTENTS
PAGE 1 - INDEPENDENT AUDITORS' REPORT
PAGE 2 - BALANCE SHEET AS OF DECEMBER 31, 1999
PAGE 3 - STATEMENT OF OPERATIONS FOR THE PERIOD
FROM JUNE 4, 1999 (INCEPTION) TO DECEMBER 31, 1999
PAGE 4 - STATEMENT OF CHANGES IN STOCKHOLDER'S
EQUITY FOR THE PERIOD FROM JUNE 4, 1999
(INCEPTION) TO DECEMBER 31, 1999
PAGE 5 - STATEMENT OF CASH FLOWS FOR THE PERIOD FROM
JUNE 4, 1999 (INCEPTION) TO DECEMBER 31, 1999
PAGES 6 - 8 - NOTES TO FINANCIAL STATEMENTS AS OF
DECEMBER 31, 1999
INDEPENDENT AUDITORS' REPORT
To the Board of Directors of:
Erebus Corporation
(A Development Stage Company)
We have audited the accompanying balance sheet of Erebus Corporation (a
development stage company) as of, December 31, 1999 and the related
statements of operations, changes in stockholder's equity and cash flows for
the period from June 4, 1999 (inception) to December 31, 1999. These
financial statements are the responsibility of the Company's management. Our
responsibility is to express an opinion on these financial statements based
on our audit.
We conducted our audit in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial statements are free
of material misstatement. An audit includes examining, on a test basis,
evidence supporting the amounts and disclosures in the financial statements.
An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audit provides a
reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly in
all material respects, the financial position of Erebus Corporation (a
development stage company) as of December 31, 1999, and the results of its
operations and its cash flows for the period from June 4, 1999 (inception)
to December 31, 1999 in conformity with generally accepted accounting
principles.
WEINBERG & COMPANY, P.A.
Boca Raton, Florida
March 17, 2000
EREBUS CORPORATION
(A DEVELOPMENT STAGE COMPANY)
BALANCE SHEET
AS OF DECEMBER 31, 1999
ASSETS
Cash $ 500
TOTAL ASSETS $ 500
LIABILITIES AND STOCKHOLDER'S EQUITY
LIABILITIES $ -
STOCKHOLDER'S EQUITY
Preferred Stock, $.0001 par value, 20 million
shares authorized, zero issued and outstanding -
Common Stock, $.0001 par value, 100 million
shares authorized, 5,000,000 issued
and outstanding 500
Additional paid-in capital 4,830
Deficit accumulated during development stage (4,830)
Total Stockholder's Equity 500
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY $ 500
See accompanying notes to financial statements.
2
EREBUS CORPORATION
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF OPERATIONS
FOR THE PERIOD FROM JUNE 4, 1999
(INCEPTION) TO DECEMBER 31, 1999
Income $ -
Expenses
Executive services contributed by president 3,500
Organization expense 580
Professional fees 750
Total expenses 4,830
NET LOSS $ (4,830)
See accompanying notes to financial statements.
3
EREBUS CORPORATION
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF CHANGES IN
STOCKHOLDER'S EQUITY
FOR THE PERIOD FROM JUNE 4, 1999
(INCEPTION) TO DECEMBER 31, 1999
Deficit
Additional Accumulated
Common Paid-In During Devel-
Stock Capital opment Stage Total
Common stock issuance $ 500 $ - $ - $ 500
Fair value of services
and expenses contributed - 4,830 - 4,830
Net loss for the period
ended December 31, 1999 - - (4,830) (4,830)
BALANCE AT DECEMBER 31,
1999 $ 500 $ 4,830 $ (4,830) $ 500
See accompanying notes to financial statements.
4
EREBUS CORPORATION
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF CASH FLOWS
FOR THE PERIOD FROM JUNE 4, 1999
(INCEPTION) TO DECEMBER 31, 1999
CASH FLOWS FROM
OPERATING ACTIVITIES:
Net loss $ (4,830)
Adjustment to reconcile net loss
to net cash used by operating activities:
Capitalized services and expenses 4,830
Net cash used in operating activities -
CASH FLOWS FROM INVESTING ACTIVITIES -
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock 500
Net cash provided by financing activities 500
INCREASE IN CASH AND CASH EQUIVALENTS 500
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD -
CASH AND CASH EQUIVALENTS - END OF PERIOD $ 500
See accompanying notes to financial statements.
5
EREBUS CORPORATION
(A DEVELOPMENT STAGE COMPANY)
NOTES TO FINANCIAL STATEMENTS
AS OF DECEMBER 31, 1999
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
A. Organization and Business Operations
Erebus Corporation (a development stage company) ("the Company") was
incorporated in Delaware on June 7, 1999 to serve as a vehicle to
effect a merger, exchange of capital stock, asset acquisition or
other business combination with a domestic or foreign private
business. At December 31, 1999, the Company had not yet commenced any
formal business operations, and all activity to date relates to the
Company's formation and proposed fund raising. The Company's fiscal
year end is December 31.
The Company's ability to commence operations is contingent upon its
ability to identify a prospective target business and raise the
capital it will require through the issuance of equity securities,
debt securities, bank borrowings or a combination thereof.
B. Use of Estimates
The preparation of the financial statements in conformity with
generally accepted accounting principles requires management to make
estimates and assumptions that affect the reported amounts of assets
and liabilities and disclosure of contingent assets and liabilities
at the date of the financial statements and the reported amounts of
revenues and expenses during the reporting period. Actual results
could differ from those estimates.
C. Cash and Cash Equivalents
For purposes of the statement of cash flows, the Company considers
all highly liquid investments purchased with an original maturity of
three months or less to be cash equivalents.
6
EREBUS CORPORATION
(A DEVELOPMENT STAGE COMPANY)
NOTES TO FINANCIAL STATEMENTS
AS OF DECEMBER 31, 1999
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (CONT'D)
D. Income Taxes
The Company accounts for income taxes under the Financial Accounting
Standards Board of Financial Accounting Standards No. 109,
"Accounting for Income Taxes" ("Statement 109"). Under Statement 109,
deferred tax assets and liabilities are recognized for the future tax
consequences attributable to differences between the financial
statement carrying amounts of existing assets and liabilities and
their respective tax basis. Deferred tax assets and liabilities are
measured using enacted tax rates expected to apply to taxable income
in the years in which those temporary differences are expected to be
recovered or settled. Under Statement 109, the effect on deferred
tax assets and liabilities of a change in tax rates is recognized in
income in the period that includes the enactment date. There were no
current or deferred income tax expense or benefits due to the Company
not having any material operations for the period ending December 31,
1999.
NOTE 2 - STOCKHOLDER'S EQUITY
A. Preferred Stock
The Company is authorized to issue 20,000,000 shares of preferred
stock at $.0001 par value, with such designations, voting and other
rights and preferences as may be determined from time to time by the
Board of Directors.
B. Common Stock
The Company is authorized to issue 100,000,000 shares of common stock
at $.0001 par value. The Company issued 5,000,000 shares of its
common stock to TPG Capital Corporation pursuant to Rule 506 for an
aggregate consideration of $500.
7
EREBUS CORPORATION
(A DEVELOPMENT STAGE COMPANY)
NOTES TO FINANCIAL STATEMENTS
AS OF DECEMBER 31, 1999
NOTE 2 - STOCKHOLDER'S EQUITY - (CONT'D)
C. Additional Paid-In Capital
Additional paid-in capital at December 31, 1999 represents the fair
value of services contributed to the Company by its president and the
amount of organization and professional costs incurred by TPG Capital
on behalf of the Company. (See Note 3)
NOTE 3 - AGREEMENT
On June 7, 1999, the Company signed an agreement with TPG Capital
Corporation (TPG), a related entity (See Note 4). The Agreement
calls for TPG to provide the following services, without
reimbursement from the Company, until the Company enters into a
business combination as described in Note 1A:
1. Preparation and filing of required documents with the
Securities and Exchange Commission.
2. Location and review of potential target companies.
3. Payment of all corporate, organizational, and other costs
incurred by the Company.
NOTE 4 - RELATED PARTIES
Legal counsel to the Company is a firm owned by a director of the
Company who also owns a controlling interest in the outstanding stock
of TPG Capital Corporation. (See Note 3)
8
ITEM 8. CHANGES AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING
AND FINANCIAL DISCLOSURE.
The Company had no disagreements on accounting and financial
disclosures with its independent auditors during the reporting period.
PART II
ITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL
PERSONS; COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT.
As of December 31, 1999, the officers and directors of Erebus
Corporation were:
Name Age Position
James M. Cassidy 64 President,
Secretary, Director
As of December 31, 1999, there were no agreements or understandings
for the officer or director to resign at the request of another person and
the above-named officer and director was not acting on behalf of or at the
direction of any other person.
James Michael Cassidy, Esq., LL.B., LL.M., received a Bachelor of
Science in Languages and Linguistics from Georgetown University in 1960, a
Bachelor of Laws from The Catholic University School of Law in 1963, and a
Master of Laws in Taxation from The Georgetown University School of Law in
1968. From 1963-1964, Mr. Cassidy was law clerk to the Honorable Inzer B.
Wyatt of the United States District Court for the Southern District of New
York. From 1964-1965, Mr. Cassidy was law clerk to the Honorable Wilbur K.
Miller of the United States Court of Appeals for the District of Columbia.
From 1969-1975, Mr. Cassidy was an associate of the law firm of Kieffer &
Moroney and a principal in the law firm of Kieffer & Cassidy, Washington,
D.C. From 1975 to date, Mr. Cassidy has been a principal in the law firm of
Cassidy & Associates, Washington, D.C. and its predecessors, specializing in
securities law and related corporate and federal taxation matters. Mr.
Cassidy is a member of the bars of the District of Columbia and the State of
New York, and is admitted to practice before the United States Tax Court and
the United States Supreme Court.
The sole shareholder of Erebus has executed and delivered a
"lock-up" agreement affirming that it will not sell or otherwise transfer
its shares except in connection with or following a business combination.
ITEM 10. EXECUTIVE COMPENSATION
Erebus' sole officer and director does not receive any compensation
for his services, has not received such compensation in the past, and is not
accruing any compensation pursuant to any agreement with Erebus. However,
the officer and director Erebus anticipates receiving benefits as a
beneficial shareholder of Erebus, as the officer and director and
controlling shareholder of TPG Capital Corporation and, possibly, as
principal of Cassidy & Associates, which may perform legal services for
Erebus or any company with which it effects a business combination after the
business combination.
No retirement, pension, profit sharing, stock option or insurance
programs or other similar programs have been adopted by the Company for the
benefit of its employees.
ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth each person known by Erebus to be the
beneficial owner of five percent or more of the its common stock, all
directors individually and all directors and officers of Erebus as a group.
Except as noted, each person has sole voting and investment power with
respect to the shares shown.
Name and Address Amount of Beneficial
of Beneficial Owner Ownership Percentage
-------------- -------------------- -----------
TPG Capital Corporation (1) 5,000,000 100%
1504 R Street, N.W.
Washington, D.C. 20009
James M. Cassidy (2) 5,000,000 100%
1504 R Street, N.W.
Washington, D.C. 20009
All Executive Officers and
Directors as a Group (1 Person) 5,000,000 100%
(1) Mr. Cassidy is the controlling shareholder and sole director
and officer of TPG Capital Corporation. TPG Capital Corporation serves as a
marketing and consulting company for Cassidy & Associates and its affiliated
companies. TPG Capital Corporation has agreed to provide certain assistance
to the Company in locating potential target companies, and to pay all costs
of the Company until a business combination, without reimbursement.
(2) As the controlling shareholder, sole director and officer of TPG
Capital Corporation, Mr. Cassidy is deemed to be the beneficial owner of the
common stock of the Company owned by TPG Capital Corporation.
ITEM 12. CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS
Erebus has issued a total of 5,000,000 shares of common stock to the
following persons for a total of $500 in cash:
Name Number of Total Shares Consideration
- ------- ---------------------- --------------
TPG Capital Corporation 5,000,000 $500
Mr. Cassidy, the sole officer and director of Erebus, is the sole
director, controlling shareholder and president of TPG Capital Corporation.
With respect to the sales made to TPG Capital Corporation, Erebus relied
upon Section 4(2) of the Securities Act of 1933, as amended and Rule 506
promulgated thereunder.
ITEM 13. EXHIBITS AND REPORTS ON FORM 8-K
(a) Exhibits
None
(b) No Current Reports on Form 8-K were filed in the last quarter of
the period covered by this report.
SIGNATURES
In accordance with Section 13 of 15(d) of the Exchange Act, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
EREBUS CORPORATION
By /s/ James M. Cassidy
Date: 4/13/00
Name Title Date
/s/ James M. Cassidy Director 4/13/00
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