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As filed with the Securities and Exchange Commission on September 18, 2000.
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 Report: September 5, 2000
(Date of earliest event reported)
TANGIBLE ASSET GALLERIES, INC.
(Exact name of registrant as specified in its charter)
Nevada 0-27121 88-0396772
(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation) Identification No.)
3444 Via Lido, Newport Beach, California, 92663
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (949) 566-0021
Not applicable
(Former name or former address, if changed since last report)
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On June 21, 2000, Tangible Asset Galleries, Inc. ("Tangible") and Gavelnet.com,
Inc. ("Gavelnet.com") executed and delivered an Agreement and Plan of
Reorganization (the "Merger Agreement") that provided for a newly-formed
subsidiary of Tangible to merge with and into Gavelnet.com. On September 5,
2000, Tangible terminated the Merger Agreement because certain conditions
precedent to closing had not been fulfilled. The press release attached as
Exhibit 99.1 was publicly disseminated to announce the termination.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Businesses Acquired.
None.
(b) Pro Forma Financial Information.
None.
(c) Exhibits.
99.1 Press Release dated September 18, 2000
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SIGNATURE
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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, in the City of Irvine, State of
California, on September 18, 2000.
TANGIBLE ASSET GALLERIS, INC.
By /S/ Paul Biberkraut
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Paul Biberkraut
Chief Financial Officer
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INDEX TO EXHIBITS
The following exhibits are filed with the Current Report on Form 8-K.
Exhibit No. Description
99.1 Press Release dated September 18, 2000
