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):
July 1, 2000
Multinet International Corporation, Inc.
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(Exact name of registrant as specified in its charter)
Nevada 000-29107 88-0441388
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
8741
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(Standard Industrial Classification Code)
8100 West Sahara Ave., Suite 200, Las Vegas, NV 89117
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (702)966-0600
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Item 5. Other Events
Expansion of Business
Multinet International Corporation, Inc.(the "Company"), strengthened by its
acquisition of Nikky D. Corporation (the "Subsidiary"), a wholly owned
subsidiary, is focused on providing high-quality integrated management services
for automotive service stations, dealerships, and convenience stores. The
combined effort of the Company's experienced Officers and the Subsidiary's
management team with over twenty years of experience offers a management package
specializing in the start-up and managerial organization of both newly and fully
operating convenience stores located in automotive service stations.
The integrated management package provided by the Company includes consulting
services for general accounting and management matters. The Company intends to
continue and improve its services for additional management contracts, and those
clients acquired through its subsidiaries. These management services consist of:
o hiring and training of managerial staff ranging from general managers to
cashiers and attendants
o general site management and employee retention
o training employees to use computer equipment for full service station
operations, including credit card and lottery sales transactions
o general accounting, including daily inventory, revenues, and payroll
records, and maintenance of financial statements
The Company provides these services through its subsidiary, Nikky D.
Corporation, to Fernando's Mobile Station located in Phoenix, Arizona. This
management contract was a related party transaction. At the time the management
contract was negotiated between Nikky D. Corporation and Fernando's Mobile
Station, Jose F. Garcia and his sister Maria Victoria Melgar each owned 50% of
Nikky D. Corporation and 50% of Fernando's Mobile Station.
As the Company expands, it intends to develop a central accounting and
management system known as "the Multinet Connection", which utilizes
state-of-the-art technology to efficiently organize and maintain the ongoing
management needs of a full-service station. The Multinet Connection will provide
management and accounting services via the Internet and telecommunications,
offering a centralized organization of inventory, accounting and sales records.
This Internet-based system will offer a complete range of management services,
at a cost typically less than that for in-house site management. The Multinet
Connection will allow clients to enter information in an organized manner into a
centralized Internet system, and will inform the Company of any additional
consulting services required.
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The Company intends to expand its client base by acquiring additional management
service contracts with automotive service stations, dealerships, and convenience
stores, primarily targeting newly operating stations in the Phoenix, Arizona
area. The Company anticipates great need for its specialized management services
by these newly operating stations, so that they can concentrate on their core
operations. The Company also plans to expand its client base and management team
through strategic acquisitions, in order to continue developing and enhancing
the scope of its managerial services.
Item 7. Financial Statements and Exhibits
Exhibit
Number Description
2.1 Plan of Acquisition (Incorporated by reference from
Exhibit 2.1 of Form 8-K filed July 21, 2000).
3.1 Articles of Incorporation of Multinet
International Corporation, Inc.
3.2 Bylaws of Multinet International
Corporation, Inc. (Incorporated by reference
from Exhibit 3.2 of Form 8-K filed July 21, 2000).
3.3 Articles of Incorporation of Nikky D. Corporation
(Incorporated by reference from Exhibit 3.3 of
Form 8-K filed July 21, 2000).
3.4 Bylaws of Nikky D. Corporation (Incorporated
by reference from Exhibit 3.4 of Form 8-K
filed July 21, 2000).
27.1 Nikky D. Management Agreement (Incorporated
by reference from Exhibit 27.1 of Form 8-K
filed July 21, 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.
Multinet International Corporation, Inc.
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(Registrant)
Date: October 26, 2000 /s/ GLEN BROW
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GLEN BROW
PRESIDENT
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EXHIBIT 3.1
FILED
In the office of the
Secretary of State of the
State of Nevada
May 17, 1996
No. 11128-96
/s/ DEAN HELLER
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DEAN HELLER
SECRETARY OF STATE
ARTICLES OF INCORPORATION
OF
MULTINET INTERNATIONAL CORPORATION, INC.
ARTICLE I
NAME OF CORPORATION
Name of Corporation: Multinet International Corporation,
Inc.
ARTICLE II
RESIDENT AGENT
Resident Agent: Donald C. Bradley
Street Address: 7551 West Charleston Boulevard, #35
Las Vegas, Nevada 89117
ARTICLE III
SHARES
(Number of shares the corporation is authorized to issue)
Number of shares with par value: 25,000,000
Par value: .001
Number of shares without par value: None
ARTICLE IV
GOVERNING BOARD
The governing board shall be styled as Directors. The first Board of Directors
shall consist of one member and the names and addresses are as follows:
Donald C. Bradley
7551 West Charleston Boulevard, #35
Las Vegas, Nevada 89117
ARTICLE V
PURPOSE
The purpose of the corporation shall be to create and operate any and all legal
business on the Internet.
ARTICLE VI
OTHER MATTERS
This form includes the minimal statutory requirements to incorporate under NRS
78.
ARTICLE VII
SIGNATURES OF INCORPORATORS
The names and addresses of each of the incorporators signing the articles:
Donald C. Bradley
7551 West Charleston Boulevard, #35
Las Vegas, Nevada 89117
/s/ DONALD C. BRADLEY
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DONALD C. BRADLEY
INCORPORATOR
State of Nevada, County of Clark
This instrument was acknowledged before me on May 3, 1996 by Donald C. Bradley
as incorporator of Multinet International Corporation, Inc.
/s/ DAVID L. ALEXANDER
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DAVID L. ALEXANDER
NOTARY PUBLIC
ARTICLE VIII
CERTIFICATE OF ACCEPTANCE OF APPOINTMENT OF RESIDENT AGENT
I, Donald C. Bradley, hereby accept appointment as Resident Agent for the
above named corporation.
/s/ DONALD C. BRADLEY Date: May 2, 1996
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DONALD C. BRADLEY
RESIDENT AGENT
