FORM 8-K FOR E*TWOMEDIA.COM INC.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) August 26, 1999
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E*twoMedia.com
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(Exact name of registrant)
Nevada 0-18049 91-1317131
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(State or other jurisdiction (Commission File (IRS Employer
or incorporation) Number) Identification No.)
26 Broadway Suite 1650 New York, NY 10004
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(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code (212) 943-5200
ITEM 1. CHANGES IN CONTROL OF REGISTRANT
In exchange for 100 Percent of the issued and outstanding shares of FPS
Ltd. registrant issued 17,000,000 of its common stock (approximately
85%) to Daniel Jefferies.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
Etwomedia.com has concluded the acquisition of FPS Limited of London in
a stock for stock exchange.
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
NOT APPLICABLE
ITEM 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT
NO CHANGE.
ITEM 5. OTHER EVENTS
NOT APPLICABLE .
ITEM 6. RESIGNATION OF REGISTRANT'S DIRECTORS
As of August 27, 1999 Michael A. Cassin has resigned as President and
Director of Registrant. Daniel Jefferies remains as Chairman of the
Board and Sole Director of Registrant.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit A and B Unaudited Financial Statements of FPS Limited.
ITEM 8. CHANGE IN FISCAL YEAR
NO CHANGE.
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SIGNATURE
Pursuant to the requirements of Section 12 of the Securities Exchange Act of
1934, the registrant has duly caused this registration statement to be signed on
its behalf by the undersigned, thereto duly authorized.
E*twoMEDIA. Com Inc.
Date: November 4, 1999 By: /s/ Daniel Jefferies
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Daniel Jefferies
President
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FPS Ltd.
CONSOLIDATED BALANCE SHEET
(UNAUDITED)
AUGUST 31, 1999
Assets
Current Assets:
Cash $ (49,468)
Trade Accounts Receivable 358,788
Fixed Assets
Fixed Assets (Net of Accumulated Depreciation of 14,500) 23,129
Other Assets
Prepaid Expenses 61,033
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Total Assets $ 393,482
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Liabilities and Stockholders' Equity
Current Liabilities
Trade Payables $ 396,980
Accrued Expenses 107,765
Taxes Payable 27,687
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Total Current Liabilities 532,433
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Other Liabilities
Deferred Income 400,075
Loans Payable 300,942
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Total Other Liabilities 701,018
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Equity
Retained Earnings (839,969)
Net Stockholders' equity (839,969)
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Total Liabilities and Stockholders' Equity $ 393,482
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FPS Ltd.
CONSOLIDATED STATEMENT OF OPERATIONS
(UNAUDITED)
For the Eight
Months Ended
August 31, 1999
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Revenues
Publishing Revenues $ 713,524
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Cost and expenses
Direct Production Costs 451,589
General and administrative 282,409
Interest 4,786
Depreciation 4,854
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Total Expenses 743,638
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Net Loss $(30,113)
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