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: December 2, 1999
ELEGANT ILLUSIONS, INC.
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(Exact name of registrant as specified in charter)
Delaware 0-28128 88-0282654
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Jurisdiction of Commission File I.R.S. Employer
Incorporation Number Identification Number
542 Lighthouse Ave., Suite 5, Pacific Grove, CA 93950
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(Address of principal executive offices)
Registrant's telephone number: (831) 649-1814
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Item 5. Other Events.
The Board of Directors of Elegant Illusions, Inc. (the "Company") and
the Company's three executive officers and principal stockholders (who hold, in
the aggregate, over 71% of the issued and outstanding shares of the Company's
Common Stock) have determined not to proceed with the Company's planned reverse
split of the Company's issued and outstanding shares of Common Stock at a ratio
of 1,063,000-to-1 (the "Reverse Split").
The Reverse Split would have cashed out all of the Company's
Stockholders other than the Company's three executive officers.
The Board cancelled its plans to proceed with the Reverse Split
because, after considering all the available information, the Board decided that
it was in the best interest of all the shareholders to remain public at this
time.
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.
ELEGANT ILLUSIONS, INC.
By: /s/ James Cardinal
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James Cardinal,
Chief Executive Officer
Dated: December 2, 1999
