-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GqjdvcT6AIDAgpJAn1717lYJM5Mi5+fU2uoYGhUe+ko1oWMDzTXuq4OTUof0SiYW N9SCCICBIgo3RUr62HipQA== 0000950134-01-505568.txt : 20010816 0000950134-01-505568.hdr.sgml : 20010816 ACCESSION NUMBER: 0000950134-01-505568 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010731 ITEM INFORMATION: Bankruptcy or receivership ITEM INFORMATION: Changes in registrant's certifying accountant ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20010815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERNET COMMERCE & COMMUNICATIONS INC CENTRAL INDEX KEY: 0001003282 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 841322326 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-28738 FILM NUMBER: 1716113 BUSINESS ADDRESS: STREET 1: 7100 EAST BELLVIEW AVE STREET 2: STE 201 CITY: GREENWOOD VILLIAGE STATE: CO ZIP: 80111 BUSINESS PHONE: 3036720700 MAIL ADDRESS: STREET 1: 7100 EAST BELLVIEW AVE STREET 2: STE 201 CITY: GREENWOOD VILLIAGE STATE: CO ZIP: 80111 FORMER COMPANY: FORMER CONFORMED NAME: RMI NET INC DATE OF NAME CHANGE: 19990702 FORMER COMPANY: FORMER CONFORMED NAME: ROCKY MOUNTAIN INTERNET INC DATE OF NAME CHANGE: 19960508 8-K 1 d90060e8-k.txt FORM 8-K 1 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) July 31, 2001 ------------------------------- Internet Commerce & Communications, Inc. - -------------------------------------------------------------------------------- (Exact name of Registrant as specified in charter) Delaware - -------------------------------------------------------------------------------- (State or other jurisdiction of incorporation) 001-12063 84-1322326 - ------------------------ --------------------------------- (Commission File Number) (IRS Employee Identification No.) 7100 East Belleview Avenue, Suite 201, Greenwood Village, Colorado 80111 - ------------------------------------------------------------------ ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (303) 414-7100 ----------------------------- Internet Commerce & Communications, Inc. 999 Eighteenth Street, Suite 2201, Denver, Colorado 80202 - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) 2 ITEM 3. BANKRUPTCY OR RECEIVERSHIP. On July 31, 2001, Internet Commerce & Communications, Inc., a Delaware corporation, filed a voluntary petition for relief under Chapter 11, Title 11 of the United States Bankruptcy Code with the United States Bankruptcy Court for the District of Colorado (the "Court"). The Chapter 11 filing is intended to allow the Registrant, as debtor-in-possession, to continue to manage and operate its assets and businesses in the ordinary course of business subject to the supervision and orders of the Court. A copy of the press release of the Registrant dated July 31, 2001 is attached as Exhibit 20.1 hereto and is hereby incorporated by reference. ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT. On August 8, 2001, Ernst & Young LLP ("E&Y") notified the Registrant that E&Y was resigning as the Registrant's independent auditor. E&Y's reports on the Registrants' financial statements for each of the past two fiscal years did not contain an adverse opinion or a disclaimer of opinion, nor was either report modified as to uncertainty, audit scope or accounting principles, except as follows. The report on the Registrant's financial statements for the year ended December 31, 2000 was qualified to describe the uncertainty regarding the Registrant's ability to continue as a going concern, as a result of recurring operating losses and a working capital deficiency. In addition, the report noted that the Registrant was not in compliance with certain loan agreement covenants and was delinquent in making certain payments. The report also made reference to management's plans regarding the "going concern" qualification, as addressed in the Notes to Consolidated Financial Statements. During the Registrant's two most recent fiscal years and the subsequent interim period preceding the date of the change in independent auditor, there were no disagreements with E&Y on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. List below the financial statements, pro forma financial information and exhibits, if any, filed as a part of this report. (a) Financial Statements of Businesses Acquired: Not required. (b) Pro Forma Financial Information: Not required. (c) Exhibits: Exhibit Number Description 16.1* Letter from Ernst & Young LLP to the Securities and Exchange Commission concerning the Registrant's disclosure of Ernst & Young LLP's resignation as independent auditor. 20.1 News Release dated July 31, 2001. - ---------- * To be filed by amendment. 3 SIGNATURE 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. Internet Commerce & Communications, Inc. ---------------------------------------------------- (Registrant) Date: August 15, 2001 By: /s/ DOUGLAS H. HANSON ------------------------------------------------ Douglas H. Hanson Chairman, Chief Executive Officer, and President 4 INDEX TO EXHIBITS
EXHIBIT NUMBER DESCRIPTION - ------- ----------- 16.1* Letter from Ernst & Young LLP to the Securities and Exchange Commission concerning the Registrant's disclosure of Ernst & Young LLP's resignation as independent auditor. 20.1 News Release dated July 31, 2001.
- ---------- * To be filed by amendment.
EX-20.1 3 d90060ex20-1.txt NEWS RELEASE DATED 7/31/2001 1 EXHIBIT 20.1 [INTERNET COMMERCE & COMMUNICATIONS LETTERHEAD] FOR IMMEDIATE RELEASE: Please contact: July 31, 2001 Andrea Scott Phone: 303.313.0804 Email: andrea.scott@iccx.net INTERNET COMMERCE & COMMUNICATIONS TO REORGANIZE UNDER CHAPTER 11 PROTECTION DENVER, CO, JULY 31, 2001 - Internet Commerce & Communications (ICCXC), a national web solutions/e-commerce and connectivity company, announced today that it has filed for protection under Chapter 11 of Title 11, of the United States Bankruptcy Code. "We strongly believe we can emerge from this proceeding a much stronger and viable company," said Douglas Hanson, Chairman & CEO of IC&C. "As one of the largest investors, I thought long and hard about this decision, but in the end I felt this was the best course of action for our employees, our vendors and our shareholders." The company also announced that it is working with its secured creditor to provide the funds necessary to meet its on-going financial obligations. "Our customers will continue to receive the excellent service they have become accustomed to receiving," Hanson further commented. "In fact, I hope that this action will make us a formidable competitor in the market place." ABOUT INTERNET COMMERCE & COMMUNICATIONS Denver-based Internet Commerce & Communications is a national e-commerce and connectivity company, focusing on fully integrated solutions for small and medium-sized enterprises (SME's). The Company specializes in e-business applications; consulting, hosting, co-location, and web solutions, including design and marketing; and high-speed access, including DSL service. For more information about IC&C, call (800) 411-6066, or visit www.iccx.net. #### This press release may contain forward-looking statements. Although the company believes these statements are based on reasonable assumptions, differences between assumed facts and actual results can be material, depending on the circumstances. Investors should be aware of the important factors and risks that could have a material impact on future cash results and should refer to the cautionary statements sections of IC&C's periodic filings with the Securities and Exchange Commission, including its most recent forms 10-K and 10-Q (including filings made under ticker symbols RMII and INCC). ###
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