US Securities and Exchange Commission
Washington, DC 20549
CONFORMED COPY
Form 8-K
Current Report Pursuant to Section 13 or
15(d) of
The Securities Exchange Act of 1934
Date of earliest event reported: January 22,
1996
PM Management Systems, Inc.
(Formerly named Process Based Management,
Inc.)
Colorado 0-22678 84-1193941
(State of
Incorporation) (Commission (EIN)
File Number)
404 Scott Point Drive, Salt Spring Island, BC
Canada V8K 2R2
(Address of Principal Executive Offices)
Registrants Telephone Number, Including Area
Code: (250) 537-5732
Form 8-K: Dated February 7, 1999.
PM Management Systems, Inc.
Commission File # 0-22678
Page 2
Item 1 - Changes in Control of Management
Not Applicable
Item 2 - Acquisition or Disposition of Assets
On January 22, 1996, the registrant
exchanged all 2000 Units of participation it
had received in acquiring Ad-A-Cab America,
LLC, a Wyoming Limited Liability Company, for
the 7,980,000 shares of no par value common
stock it had issued as part of the
acquisition. The registrant also resolved to
cancel the aforementioned shares upon
receipt.. On December 18, 1995, the
registrant wrote off its investment in Ad-A-
Cab America, LLC..
Item 3 - Bankruptcy or Receivership
Not Applicable
Item 4 - Changes in the Registrants
Certifying Public Accountant
Not Applicable
Item 5 - Other Events
Not Applicable
Item 6 - Resignations of Registrants
Directors
Not Applicable
Item 7 - Financial Statements and Exhibits
Exhibit A - Copy of minutes of
Registrants January 22nd directors meeting,
agreeing to exchange 2000 Units of Ad-A-Cab
America for 7,980,000 shares of the
registrants common shares and to cancel such
shares.
Item 8 - Change in Fiscal Year
Not Applicable
Form 8-K: Dated February 7, 1999.
PM Management Systems, Inc.
Commission File # 0-22678
Page 3
Pursuant to the requirements of the
Securities and Exchange Act of 1934, the
Registrant has caused this report ;to be
signed on its behalf by the undersigned,
hereunto duly authorized.
Dated: February 7, 1999
PM
Management
Systems,
Inc
/S/
Anthony V. Feimann
Anthony V.
Feimann, Secretary
Minutes of Special Meeting of Directors
The Board Of Directors of PM Management
Systems, Inc. held a special meeting at #601
- - 1450 Pennyfarthing Drive, Vancouver, BC, on
January 22, 1996, at 7:30 PM . The following
persons consisting of a quorum were present:
Edward D. Duncan, Director and
President
Anthony V. Feimann, Director and
Secretary
Timothy E. Sewell, Director and
Vice-president (Via Telephone)
Mr. Duncan served as chairperson of the
meeting and Mr Feimann served as Secretary of
the meeting.
After reading a waiver of notice of the
meetings notice, which had been signed by
every director present, the Secretary was
directed to attach a copy of the waiver with
the minutes of the meeting.
Having announced that a quorum of the
Board of Directors - as required by the By-
laws of the corporation - necessary for the
holding of a meeting of directors - was
present and that the meeting had been duly
convened, the chairperson further announced
that the meeting could proceed with its
business.
Upon duly made, seconded and fully discussed
motions, the following resolutions were
adopted.
RESOLVED: That, in consideration
for the return of 3,990,000 common shares by
Maxfield Investments, Limited; 2,793,000
common shares by Ad-A-Cab International,
Limited and 1,197,000 common shares by
Russell Roten (for an aggregated total of
7,980,000 shares) that the Company would
return both Ownership Units in Ad-A-Cab
America, LLC representing 100% ownership and
acquired in the reorganization pursuant to
Section 368(a)(1)(B) of the Internal Revenue
Code and dated September, 1994
.
There being no further business before
the meeting, the motion seconded and carried,
the meeting was adjourned.
/S/ Anthony V. Feimann
Anthony V. Feimann, Secretary
Minutes of Special Meeting of Directors
The Board Of Directors of PM Management
Systems, Inc. held a special meeting via
telephone, on April 10, 1996, at 8:30 PM .
The following persons consisting of a quorum
were present:
Edward D. Duncan, Director and
President
Anthony V. Feimann, Director and
Secretary
Timothy E. Sewell, Director and
Vice-president
Mr. Duncan served as chairperson of the
meeting and Mr. Feimann served as Secretary
of the meeting.
After reading a waiver of notice of the
meetings notice, the Secretary was directed
to attach a copy of the waiver with the
minutes of the meeting.
Having announced that a quorum of the
Board of Directors - as required by the By-
laws of the corporation - necessary for the
holding of a meeting of directors - was
present and that the meeting had been duly
convened, the chairperson further announced
that the meeting could proceed with its
business.
Upon duly made, seconded and fully discussed
motions, the following resolutions were
adopted.
RESOLVED: That the Company cease
all efforts to pursue its present business
activities and to seek other opportunities
There being no further business before
the meeting, the motion seconded and carried,
the meeting was adjourned.
/S/ Anthony V. Feimann
Anthony V. Feimann, Secretary
