FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report April 13, 2000
Online International Corporation
(Exact name of registrant as specified in its charter)
Nevada 33-20966 760251547
(State or other (Commission File Number) IRS Employer
Jurisdiction of Identification No.)
Incorporation)
150 Laser Court
Hauppauge, NY 11788
(Address of Principal Executive Officers) (Zip Code)
Registrant's telephone number, including area code (631) 231-7575
(Former name or former address, if changed since last report.)
ITEM 5: OTHER EVENTS.
On March 28, 2000, Victoria S. Danseglio tendered her resignation as
chief financial officer. The resignation is effective on its date of tender.
A copy of her resignation is attached hereto as Exhibit A.
ITEM 6: RESIGNATIONS OF REGISTRANT'S DIRECTORS.
One of the registrant's three directors has resigned. On March 27, 2000,
Stanley James White tendered his resignation as chairman, chief executive
officer, president and secretary of the registrant. The resignation is
effective on its date of tender. A copy of the resignation is attached as
Exhibit B.
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 hereunto duly authorized.
Online International Corporation
(Registrant)
Date: April 13, 2000 /s/ Alex Igelman
(Signature)
Alex Igelman, Director
EXHIBIT A
Victoria S. Danseglio
27 Rocket Drive
Islip Terrace, NY 11752
(631) 224-7380
Via Fax
Tuesday, March 28, 2000
Board of Directors
Online International Corporation
Mr. Leslie Nochomovitz, Director
Mr. Alex Igelman, Director
RE: Resignation as Chief Financial Officer
Gentlemen,
This letter will serve as notice to the Board of Directors of Online
International Corporation of my resignation as Chief Financial Officer,
effective immediately.
Sincerely,
/s/ Victoria S. Danseglio
Victoria S. Danseglio
EXHIBIT B
STANLEY JAMES WHITE
To: Board of Directors - Online International Corporation
From: Jim White
Date: March 27, 2000
Re: Resignation of Jim White as Chairman, C.E.O., President and Secretary.
This letter serves as notice to the Board of my resignation as Chairman,
C.E.O., President and Secretary of Online International Corporation,
effective immediately. I can no longer devote time or resources to this
effort. I feel it would be in the best interests of all concerned that a new
approach be implemented.
The full time effort required to make Printing Associates, Inc. a successful
operation is all that I feel I can handle. We have been left on our own here
and, frankly, I am confused and extremely dismayed that a major shareholder
with a true interest in Printing Associates, Inc. has not even made so much
as a courtesy call to us. I assumed that since we had been subpoenaed by the
Manhattan District Attorney's Office, a shareholder would have questions and/
or guidelines for us. After a search by our accounting firm we were not able
to find the 40% shareholder to discuss the recent developments and letters
from the NASD and the SEC.
Given these facts and others I feel it in the best interest of all that I
submit this resignation.
Sincerely,
/s/ S. James White
S. James White
