MNS EAGLE EQUITY GROUP I INC
S-8, 2000-06-02
NON-OPERATING ESTABLISHMENTS
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM S-8
                             Registration Statement
                        Under The Securities Act of 1933


                        BLAGMAN MEDIA INTERNATIONAL, INC.
--------------------------------------------------------------------------------
               (Exact name of Registrant as specified in charter)


NEVADA                                                             84-1108499
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State or other jurisdiction of                                  (I.R.S. Employer
incorporation or organization)                               Identification No.)


       1901 Avenue of the Stars, Suite 1710, Los Angeles, California 90067
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              (Address of Principal Executive Officers)(Zip Code)


                                 Robert Blagman
                      1901 Avenue of the Stars, Suite 1710
                          Los Angeles, California 90067
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                     (Name and address of agent for service)

                                 (310) 788-5444
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          (Telephone number, including area code, of agent for service)


                    2000 EMPLOYEE STOCK COMPENSATION PLAN
                            (Full Title of the Plan)

                        Copies of all communications to:

                              John Holt Smith, Esq.
                               Smith & Associates
                        1925 Century Park East, Suite 500
                          Los Angeles, California 90067

                                 (310) 277-1250


                          CALCULATION OF REGISTRATION FEE
===============================================================================
                                         Proposed       Proposed
Title of                                 maximum        maximum
securities        Amount                 offering       aggregate    Amount of
to be             to be                  price          offering   registration
registered        registered             per share      price           fee
----------        ----------             ---------      -----           ---
Common            2,000,000 SHS.          $1.10        $2,200,000     $580.80
$.001 par value

===============================================================================

(1)  Includes an  indeterminate  number of additional  shares that may be issued
     pursuant to the above employee benefit plan as a result of any future stock
     split, stock dividend or similar adjustment.

(2)  Estimated  pursuant to Rule 457(c)  solely for purpose of  calculating  the
     amount of the registration  fee, based upon the average of the high and low
     prices reported on May 31, 2000, as reported on the OTC Bulletin Board.




<PAGE>
                                     PART II

               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT


Item 3. INCORPORATION OF DOCUMENTS BY REFERENCE.

     The following  documents are incorporated by reference in this registration
statement  of BLAGMAN  MEDIA  INTERNATIONAL,  INC.  ("BMII")  and in the related
Section 10(a) prospectus:

     (a)  Annual Report on Form 10-KSB for the year ended  December 31, 1999, of
          MNS Eagle Equity Group I, Inc., BMII's predecessor.

     (b)  Current  report on Form 8-K dated April 27, 2000,  of MNS Eagle Equity
          Group I, Inc., BMII's predecessor.

     (c)  Quarterly  report on Form 10-QSB for quarter  ended March 31, 2000, on
          Form 8-K dated April 27, 2000, of BMII.

     In addition,  all documents  subsequently filed pursuant to Sections 13(a),
13(c), 14 and 15(d) of the Securities  Exchange Act of 1934, prior to the filing
of a post-effective  amendment which indicates that all securities  offered have
been sold or which  deregisters all securities then remaining  unsold,  shall be
deemed to be incorporated by reference into this  registration  statement and to
be a part hereof from the date of filing of such documents.


Item 4. DESCRIPTION OF SECURITIES

     The Company's  authorized  common stock consists of  100,000,000  shares of
common stock, par value $.001 per share and 5,000,000 shares of preferred stock,
par value  $.001.  Each holder of BMII common  stock is entitled to one vote for
each share held on all matters to be voted upon by our stockholders.  Holders of
BMII common stock have no cumulative voting rights. Holders of BMII common stock
are entitled to receive ratably dividends,  if any, as may be declared from time
to time by the board of directors out of legally  available  funds,  except that
holders of  preferred  stock may be  entitled  to receive  dividends  before the
holders of the common stock.

     In the  event  of a  liquidation,  dissolution  or  winding  up of  company
business,  holders of BMII's  common  stock  would be  entitled  to share in our
assets  remaining after the payment of liabilities  and the  satisfaction of any
liquidation  preference  granted the holders of any then  outstanding  shares of
preferred  stock.  Holders of BMII common stock have no preemptive or conversion
rights or other  subscription  rights.  In addition,  there are no redemption or
sinking fund provisions  applicable to our common stock. All outstanding  shares
of BMII  common  stock  are duly  authorized,  validly  issued,  fully  paid and
nonassessable.


Item 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.

     The  validity  of the  securities  that may be offered  under the BMII 2000
Employee  Stock  Compensation  Plan (the "Plan") will be passed upon for BMII by
Smith &  Associates,  Attorneys at Law,  1925 Century Park East,  Suite 500, Los
Angeles,  California 90067. It is possible that BMII's Board of Directors may in
the future  authorize  the  issuance to Mr. Smith of shares of BMII common stock
which have been registered under the Plan,  although no such  determination  has
been made or is under consideration at this date.


Item 6. INDEMNIFICATION OF OFFICERS AND DIRECTORS.

     Article Sixth of BMII's  Certificate of  Incorporation  authorizes  BMII to
indemnify  any  current  or  former  director,  officer,  employee,  or agent of
Renegade,  or a person serving in a similar post in another  organization at the
request of Renegade,  against  expenses,  judgments,  fines, and amounts paid in
settlement  incurred  by him in  connection  with any  threatened,  pending,  or
completed action, suit, or proceeding, whether civil, criminal,  administrative,
or  investigative,  to the fullest  extent not  prohibited by the Nevada General
Corporation  Law,  public policy or other  applicable  law.  Sections 78.751 and
78.752  of the  Nevada  General  Corporation  Law  authorize  a  corporation  to
indemnify its directors,  officers,  employees,  or agents in terms sufficiently
broad to permit such indemnification under certain circumstances for liabilities
(including  provisions  permitting advances for expenses incurred) arising under
the 1933 Act.

                                       1
<PAGE>


Item 7. EXEMPTION FROM REGISTRATION CLAIMED.

        Not Applicable.


Item 8. EXHIBITS.


Exhibit
Number      Description
--------    --------------

  5.1       Opinion of Counsel regarding legality

 23.1       Consent of Independent Public Accountants

            Consent of Counsel (included in Exhibit 5.1)


Item 9. UNDERTAKINGS.

        The undersigned registrant hereby undertakes:

         (1) To file,  during  any  period in which  offers  and sales are being
made, a post-effective  amendment to this registration  statement to include any
material  information  with respect to the plan of  distribution  not previously
disclosed  in  the  registration  statement  or  any  material  change  to  such
information in the registration statement.

         (2) That,  for the  purpose  of  determining  any  liability  under the
Securities Act of 1933, each such post-effective amendment shall be deemed to be
a new registration statement relating to the securities offered therein, and the
offering of such  securities at that time shall be deemed to be the initial bona
fide offering thereof.

         (3) To remove from registration by means of a post-effective  amendment
any of the securities being registered which remain unsold at the termination of
the offering.

         (4)  That,  for  purposes  of  determining   any  liability  under  the
Securities Act of 1933, each filing of the  registrant's  annual report pursuant
to Section 13(a) or Section 15(d) of the  Securities  Exchange Act of 1934 (and,
where  applicable,  each  filing of an employee  benefit  plan's  annual  report
pursuant  to  Section  15(d) of the  Securities  Exchange  Act of 1934)  that is
incorporated by reference in the registration  statement shall be deemed to be a
new registration  statement relating to the securities offered therein,  and the
offering of such  securities at that time shall be deemed to be the initial bona
fide offering thereof.

         (5) Insofar as indemnification for liabilities under the Securities Act
of 1933 may be permitted to directors,  officers and controlling  persons of the
registrant pursuant to the foregoing  provisions,  or otherwise,  the registrant
has been advised that in the opinion of the Securities  and Exchange  Commission
such  indemnification  is against public policy as expressed in the Act, and is,
therefore,  unenforceable. In the event that a claim for indemnification against
such liabilities  (other than the payment by the registrant of expenses incurred
or paid by a director,  officer or  controlling  person of the registrant in the
successful  defense of any  action,  suit or  proceeding)  is  asserted  by such
director,  officer or controlling person in connection with the securities being
registered, the registrant will, unless in the opinion of its counsel the matter
has been  settled by  controlling  precedent,  submit to a court of  appropriate
jurisdiction the question whether such  indemnification  by it is against public
policy as expressed in the Act and will be governed by the final adjudication of
such issue.







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<PAGE>


                                   SIGNATURES

     Pursuant to the  requirements of the Securities Act of 1933, the registrant
certifies  that it has  reasonable  grounds  to  believe  that it meets  all the
requirements  for  filing  on Form S-8 and has  duly  caused  this  Registration
Statement  to be  signed  on its  behalf  by  the  undersigned,  thereunto  duly
authorized, in Los Angeles, California, on the date below.



DATED:  June 1, 2000                        BLAGMAN MEDIA INTERNATIONAL, INC.



                                            By /s/ Robert Blagman
                                            ------------------------------------
                                               Robert Blagman, President




     Pursuant  to  the   requirements  of  the  Securities  Act  of  1933,  this
Registration  Statement  has  been  signed  by  the  following  persons,  in the
capacities and on the dates respectively indicated.





/s/  Robert Blagman                             Date:  June 1, 2000
--------------------------------
Robert Blagman
Director and President


/s/  Leslie Blagman                             Date:  June 1, 2000
---------------------------------
Leslie Blagman
Secretary
















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