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 8, 2000
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ELECTRONIC BUSINESS SERVICES, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 2-96392-A 65-0952956
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(STATE OR OTHER (COMMISSION (IRS EMPLOYER JURISDICTION OF
IDENTIFICATION NO.) FORMATION) FILE NUMBER)
1800 N.W. 49TH STREET, SUITE 100, FORT LAUDERDALE, FLORIDA 33309
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (954) 229-5100
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(FORMER NAME OR FORMER ADDRESS, IF CHANGES SINCE LAST REPORT)
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ITEM 6. OTHER EVENTS
On November 24, 2000, Mr. Vito A. Bellezza was appointed as a Board member
and CEO of the Company and all of its subsidiary Companies. This appointment was
a unanimous decision by the Board of Directors of the Company. Immediately
following this appointment, Harold S. Fischer, Charles Winslow and John Campbell
all resigned from the Board of Directors and from their positions as officers of
the Companies.
The Company is in the process of finalizing negotiations for an interim
Line of Credit, which was preliminarily approved by the Bankruptcy Court on
December 5, 2000. Final approval of the financing, upon completion of
negotiations with the financing group, will be determined by the Bankruptcy
Court at a hearing scheduled for January 4, 2001. If and when all of the funds
are received by the Company, they will be used to fund the "Debtor In
Possession" Financing, which is preliminary to a reorganization plan to exit
Chapter 11 Bankruptcy.
ELECTRONIC BUSINESS SERVICES, INC.
By: /s/ VITO A. BELLEZZA
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Vito A. Bellezza
Chief Executive Officer
Dated: December 8, 2000
