INTERNATIONAL TOURIST ENTERTAINMENT CORP
8-K, 1999-12-17
MOTION PICTURE THEATERS
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                       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 (Date of earliest event reported): December 16, 1999



                             ITEC ATTRACTIONS, INC.
           (FORMERLY INTERNATIONAL TOURIST ENTERTAINMENT CORPORATION)
             (Exact name of registrant as specified in its charter)



      Nevada                             0-21070                66-0426648
- ----------------------------           ------------          -------------------
(State or other jurisdiction           (Commission            (I.R.S. Employer
     of incorporation)                  File Number)         Identification No.)


                      3562 Shepherd of the Hills Expressway
                             Branson, Missouri 65616
                    (Address of principal executive offices)


       Registrant's telephone number, including area code: (417) 335-3533


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<PAGE>


Items 1 through 4.         Not Applicable.

Item 5.                    Other Events.

         A  Special   Meeting   of   Shareholders   of   International   Tourist
Entertainment  Corporation,  a U.S.  Virgin  Islands  corporation,  was  held on
Saturday,  October 16, 1999 at 12:30 p.m., local time, at the Company's  offices
in Branson,  Missouri. At that meeting, the Shareholders adopted and approved an
Agreement  and  Plan  of  Merger  whereby  International  Tourist  Entertainment
Corporation  was  merged  with  and  into  ITEC  Attractions,   Inc.,  a  Nevada
corporation, with ITEC Attractions, Inc. as the successor corporation.

         A  definitive  Information  Statement  relating  to the  Merger,  which
includes  a copy of the  Agreement  and  Plan of  Merger,  was  filed  with  the
Securities and Exchange Commission on September 23, 1999.

         The Merger  became  effective  on  December  16,  1999,  upon filing of
Articles  of Merger  with the  Secretary  of State of Nevada  and  filing of the
Agreement and Plan of Merger with the Office of Lieutenant Governor of the U. S.
Virgin Islands.

         The  purpose  and  result  of the  Merger  were to  effect a change  in
domicile of the Company from the U. S. Virgin Islands to the State of Nevada. As
a result of the Merger,  the Company is now a Nevada  corporation  with the name
ITEC  Attractions,  Inc.  The Merger did not result in any other  changes to the
Company,  including  any change in  control of the  Company or any change in the
assets, liabilities or financial condition of the Company.

Items 6 through 9.         Not Applicable.


                                   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.

                                              ITEC ATTRACTIONS, INC.

Date: December 16, 1999                       /s/ PAUL E. RASMUSSEN
                                              ---------------------------
                                              Paul E. Rasmussen, President


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