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: November 14, 1996
INTERACTIVE GAMING & COMMUNICATIONS CORP.
Delaware 33-7764-C 23-2838676
(State of (Commission File No.) (IRS Employer Identi-
incorporation or fication Number)
organization)
595 Skippack Pike, Suite 100, Blue Bell, PA 19422
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (215)-540-8185
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Item 2. Acquisition of Assets
(a) On November 4, 1996, Interactive Gaming &
Communications Corp. ("IGC") closed an agreement to
acquire all the issued and outstanding stock of Intersphere
Communications, Ltd., a Pennsylvania corporation, from
Caribbean Communications Ltd. in exchange for 1,000,000 shares
of IGC restricted common stock. The acquired company is now
operating as a wholly owned subsidiary of IGC.
(b) On November 4, 1996, IGC closed an agreement
to acquire all the issued and outstanding stock of Global
Gaming Corp., a Grenadan corporation, in exchange for
1,100,000 shares of IGC restricted common stock. The
acquired company is now operating as a wholly owned
subsidiary of IGC.
Item 7. Exhibits
(a) Acquisition Agreement dated August 1, 1996 between the Company
and Caribbean Communications, Ltd.;
(b) Agreement and Plan of Merger dated August 1, 1996 between the
Company and Caribbean Communications, Ltd.;
(c) Acquisition Agreement dated August 1, 1996 between the Company
and Global Gaming Corp.; and
(d) Agreement and Plan of Merger dated August 1, 1996 between the
Company and Global Gaming Corp.
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SIGNATURE
Pursuant to the requirements of the Securities and Exchange
Act of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned thereto duly authorized.
INTERACTIVE GAMING & COMMUNICATIONS CORP.
Registrant
/s/ MICHAEL F. SIMONE
Michael F. Simone, President
and Chief Executive Officer
Dated: November 14, 1996
