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UNITED STATES
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: October 17, 2000
(Date of earliest event reported)
INTERNATIONAL REALTY GROUP, INC.
(Exact Name of Registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
0-20180 62-1277260
(Commission File Number) (IRS Employer Identification No.)
Av. Constituyentes 647 Mexico, D.F. 11810
(Address of principal executive offices) (Zip code)
011-52-5277-9211
(Registrant's telephone number, including area code)
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Item 2. ACQUISITION OR DISPOSITION OF ASSETS.
On October 17, 2000, International Realty Group, Inc., a Delaware
corporation (the "Company"), acquired from Qualton Group Corporation, a Marshall
Islands corporation, 100% of the issued and outstanding shares of capital stock
of Qualton Hotels & Resorts Corporation, a Marshall Islands corporation and
wholly-owned subsidiary of Qualton Group Corporation. Pursuant to the
acquisition, the Company issued to Qualton Group Corporation One Hundred
Sixty-Three Million Five Hundred Forty Thousand (163,540,000) shares of the
Company's Common Stock, $0.001 par value per share. Qualton Hotels & Resorts
Corporation, through its subsidiary Hotelera Qualton, S.A. de C.V., operates
hotel properties in the cities of Ixtapa, Acapulco and Puerto Vallarta.
Additional information regarding the acquisition may be found in the
Company's Form 8-K that the Company filed with the Securities and Exchange
Commission on September 8, 2000, which is incorporated herein by reference.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements of Business Acquired.
In accordance with Item 7(a)(4) of Form 8-K, the Company will file
financial statements required by this item on a report on Form 8-K/A as soon as
is practicable, but in no event later than 60 days after the date the Company is
required to file this Form 8-K.
(b) Pro Forma Financial Information.
In accordance with Item 7(a)(4) of Form 8-K, the Company will file pro
forma financial information required by this item on a report on Form 8-K/A as
soon as is practicable, but in no event later than 60 days after the date the
Company is required to file this Form 8-K.
(c) Exhibits.
The following exhibits are filed herewith or incorporated by reference
as part of this report:
Exhibit No. Document Description
2.1* Stock Purchase Agreement, dated as of
September 1, 2000, by and among: (i)
International Realty Group, Inc., a Delaware
corporation; (ii) Qualton Group
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Corporation, a Marshall Islands corporation;
(iii) Qualton Hotels & Resorts Corporation, a
Marshall Islands corporation; and (iv) each
of the subsidiaries of Qualton Hotels &
Resorts Corporation.
* Filed as an exhibit to the Company's Form 8-K that was filed with the
Securities and Exchange Commission on September 8, 2000, which report is
incorporated herein by reference.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, as amended, the Registrant ha9s duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
INTERNATIONAL REALTY GROUP, INC.
Date: October 18, 2000 By: /s/ Jaime Serra
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Jaime Serra, Chief Financial Officer
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