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: July 20, 2000
INTERNET VENTURE GROUP, INC.
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(Exact name of registrant as specified in its charter)
Strategic Ventures, Inc.
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(former name)
Florida 33-19196-A 59-2919648
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
9601 West Sam Houston Parkway South, Bldg. 100, Houston, Texas 77049
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(New Address)
Registrant's telephone number, including area code (713) 596-9308
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<PAGE>
Item 1. Changes in Control of Registrant
None.
Item 2. Acquisition or Disposition of Assets
None.
Item 3. Bankruptcy or Receivership
None.
Item 4. Changes in Registrant's Certifying Accountant
None.
Item 5. Other Events
The July 7, 2000 8-K in which the proposed purchase of the stock of
Texas Staffing Services, Inc. was reported is whereby amended to
reflect the Agreement to extend the definitive Agreement Date to
August 18, 2000 and the closing date to September 15, 2000.
Item 6. Resignation and Appointment of Directors
None.
Item 7. Financial Statements, Pro Forma Financials, & Exhibits
Financial Statements:
None.
Pro Forma Financial Statements:
None.
Exhibits:
10.3 Second amendment to the Letter of Intent between
Internet Venture Group, Inc. and Texas Staffing
Services, Inc.
<PAGE>
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 thereunto duly authorized.
Date: July 20, 2000 Internet Venture Group, Inc.
/s/ Elorian Landers
By: --------------------------------
Elorian Landers, President
<PAGE>
EXHIBIT 10.3
SECOND AMENDMENT TO LETTER OF INTENT
<PAGE>
CHARLES L. JOEKEL
TEXAS STAFFING SERVICES, INC.
3000 Richmond Avenue, Suite 120
Houston, Texas 77098
Phone (713) 529-0202
Fax (713) 524-4454
July 12, 2000
PRIVILEGED AND CONFIDENTIAL
VIA FACSIMILE: 713-771-7536
Elorian Landers, President
Internet Venture Group, Inc.
9307 West Sam Houston Parkway
Building 100
Houston, Texas 77099
RE: Internet Venture Group, Inc. ("iVG"); Proposed purchase of the
stock of Texas Staffing Services, Inc. d/b/a/ Trendsetter
Staffing Services ("TSS") from Charles L. Joekel ("Joekel");
Second Amendment to the Letter of Intent ("LOI") dated April
25, 2000
Dear Elorian:
This letter is the Second Amendment to the Letter of Intent (LOI)
executed between iVG and TSS on April 25, 2000. As indicated by the execution of
this agreement by all parties to the LOI and in consideration of the mutual
covenants agreements herein contained the LOI dated April 25, 2000 is hereby
amended as follows:
1. The second full paragraph of page 1 of the LOI is amended to change the
date from "July 18, 2000" to "August 18, 2000;"
2. Paragraph No. 1 on page 1 (and continuing on page 2) of the LOI, "July
18, 2000" is hereby amended to August 18, 2000;"
3. Paragraph No. 4 on page 5 of the LOI, the date "September 1, 2000" is
hereby amended to "September 15, 2000;"
4. Paragraph III, No. 2, on page 7, "July 18, 2000" is hereby amended to
"August 18, 2000;"
5. Paragraph No. 9 on page 8 of the LOI wherein the date is stated as
"July 18, 2000" shall be amended to read "August 18, 2000."
<PAGE>
Elorian Landers, President
Internet Venture Group, Inc.
July 12, 2000
Page 2
No other amendments, agreements, changes or alternations are made as of
this date except as specifically set forth above.
If you agree with and accept the foregoing amendments, all incorporated
by reference into the LOI dated April 25, 2000, which will then constitute our
agreement with respect to its subject matter, please do so on or before July 18,
2000, or the amendments and the LOI dated April 25, 2000 will have no further
force or effect in its entirety.
Very truly yours,
CHARLES L. JOEKEL (Seller)
/s/ Charles L. Joekel
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AGREED AND ACCEPTED on the 13 day of July 2000.
INTERNET VENTURE GROUP, INC. (Purchaser)
By: /s/ Elorian Landers
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Elorian Landers, President
c: Drew N. Bagot, Esq.
Vial, Hamilton, Koch & Knox, LLP
1717 Main Street, Suite 4400
Dallas, Texas 75201
c: Thomas G. Gruenert, Esq.
7707 Fannin, Suite 203
Houston, Texas 77054
