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
FEBRUARY 25, 2000
Date of Report
(Date of Earliest Event Reported)
SECTOR COMMUNICATIONS, INC.
(Exact Name of Registrant as Specified in its Charter)
NEVADA 0-22382 56-1051491
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
7601 LEWINSVILLE ROAD, SUITE 250, MCLEAN, VIRGINIA 22102
(Address of principal executive offices)
(703) 761-1500
(Registrant's telephone number)
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ITEM 5. OTHER EVENTS
On February 25, 2000, Registrant entered into a letter of intent with the
Owners of Kress EOOD and Piero 97, confirming an agreement in principle to
acquire the Bulgarian companies. Kress is an advertising agency conducting
business in Bulgaria. Piero 97 provides public relations, marketing, and
advertising services in Bulgaria.
Specific terms of the acquisition will be based on the value of the two
companies' assets and overall business of each entity utilizing financials,
business plans and other items deemed relevant to determine value. The resources
and services of Deloitte & Touche in Bulgaria will be utilized to assist Sector
in such analyses.
If both parties agree upon the value of each entity, the parties have
agreed to develop a plan of acquisition (the "Plan") and submit it to the
appropriate entities and to the shareholders of Sector for approval. The Plan
shall provide for new Management and a reorganization of Registrant.
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.
Sector Communications, Inc.
By /s/ Theodore Georgelas
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President
Date: April 6, 2000
