TOEN GROUP INC
8-K, 1998-01-15
BLANK CHECKS
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                                    FORM 8-K


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                 CURRENT REPORT


                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                             SECURITIES ACT OF 1934

Date of Report (Date of earliest event reported):    October 8, 1996


                            VIRTUAL ENTERPRISES INC.
             (Exact name of registrant as specified in its charter.)


                                     Nevada
                    (State of incorporation or organization)


                  33-23430-D                           84-1091271
         (Commission File Number)          (I.R.S. Employee Identification No.)


           4695 MacArthur Court, Suite 530, Newport Beach, California
                    (Address of principal executive offices)

                                      92660
                                   (Zip Code)

Registrant's telephone number, including area code:  (714) 833-5362


                2 Park Plaza, Suite 470, Irvine, California 92614
         (Former name or former address, if changed since last report)

                                                               [VEI\8K:NAMECHNG]

                                                         1

<PAGE>



Item 1.  Changes in Control of Registrant

                  N/A


Item 2.  Acquisition or Disposition of Assets

                  N/A


Item 3.  Bankruptcy or Receivership

                  N/A


Item 4.  Changes in Registrant's Certifying Accountant

                  N/A


Item 5.  Other Events

                  Effective   October   8,   1996   the  Company  reincorporated
in  Nevada  and, in  the process changed  the  name of the Company from The Toen
Group,  Inc.  to  Virtual  Enterprises, Inc. to better reflect its new corporate
direction.


Item 6.           Resignation of Registrant's Directors

                  N/A


Item 7.           Financial Statements and Exhibits

                  (a)      Financial Statements - None

                  (b)      Proforma Financial Statements - None

                  (c)      Exhibits - None

                                                               [VEI\8K:NAMECHNG]

                                                         2

<PAGE>



Item 8.           Change in Registrant's Fiscal Year

                  N/A



                                    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 hereunto duly authorized.

                                        VIRTUAL ENTERPRISES INC.
                                        (Registrant)



Dated:  December 16, 1997               By:  /s/  Fred G. Luke
                                             ----------------------------------
                                                  Fred G. Luke,
                                                  Chairman of the Board
                                                   and President

                                                               [VEI\8K:NAMECHNG]

                                                         3



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