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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 OF 1934
Date of Report (Date of earliest event reported): December 1, 2000
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b2bstores.com Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware 1-14798 11-3500746
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
249 East Ocean Boulevard, Suite 620
Long Beach, California 90802
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code
(562) 491-7180
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N/A
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS.
On December 1, 2000, b2bstores.com, Inc. (the "Company")
shut down the Company's Internet website upon approval of the
Company's Board of Directors. The shut down marked a focused
effort on the part of the Company's management to continue to cut
operational costs and prepare for alternative business
opportunities that the Company has been seeking since June 2000
when the Company hired the investment banking firm of Houlihan,
Lokey, Howard & Zukin to aid in the search for such
opportunities. Upon completing the shut down of the site, the
Company reduced its remaining workforce, leaving only three
employees at the Company's operation facility.
The shut down was completed subsequent to the announcement
by the Company that they had entered into a definitive agreement
with IVAX Diagnostics, Inc., a wholly-owned subsidiary of IVAX
Corporation ("IVAX"), to merge, as reported in the Company's
report on Form 8-K, which was filed on November 30, 2000.
On December 1, 2000, the Company issued a press release
announcing the website shut down, a copy of which is filed
herewith as Exhibit 99.1 and is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL STATEMENTS AND
EXHIBITS.
(c) Exhibits.
99.1 Press Release of b2bstores.com, Inc. issued December 1,
2000.
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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.
B2BSTORES.COM, INC.
Date: December 4, 2000 By: /s/ Richard Kandel
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Name: Richard Kandel
Title: Chairman of the Board
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INDEX TO EXHIBITS
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99.1 Press Release of b2bstores.com, Inc. issued December 1, 2000.