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 20, 2000
First Entertainment Holding Corp.
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(Exact name of registrant as specified in its charter)
Nevada 0-15435 84-0974303
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(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
5495 Marion Street, Denver, Colorado 80216
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (303) 382-1500
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Item 5. Other Events.
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The Company does not have sufficient cash funds available with which to pay
payroll, operating, consulting, general and administrative, and other expenses.
In the past, the Company has been able to issue shares of its common stock in
order to pay certain of these expenses. However, the Company does not have
available any remaining authorized and unissued shares to issue to pay these
expenses. The Company has scheduled a meeting of its shareholders on December
27, 2000 at which it will request shareholder approval to increase the number of
shares of authorized common stock from 50,000,000 to 250,000,000. If the
shareholders approve this increase, of which there is no assurance, it is
anticipated that a portion of the increased authorized capital stock will be
used to pay certain of the Company's expenses. However, there is no assurance
that the Company will be able to utilize common stock to pay any expenses or
that the Company otherwise will have sufficient cash or other resources to be
able to sustain its operations.
As of December 18, 2000, an aggregate of 48,844,156 shares of the
Registrant's $.008 par value common stock were issued and outstanding.
SIGNATURE
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.
Date: December 20, 2000 FIRST ENTERTAINMENT HOLDING CORP.
By: /s/ Howard B. Stern
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Howard B. Stern, Chief Executive Officer
