-----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, Ap1KIF7SngSaHKIKt1bYo17zdYlwWCpzPfZilumCUnDPflzosxZPj11qTE3R0wjb eb4SmFJqKHzhjfIs8cqL8g== /in/edgar/work/20000601/0000891020-00-001158/0000891020-00-001158.txt : 20000919 0000891020-00-001158.hdr.sgml : 20000919 ACCESSION NUMBER: 0000891020-00-001158 CONFORMED SUBMISSION TYPE: S-8 PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20000601 EFFECTIVENESS DATE: 20000601 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AQUA VIE BEVERAGE CORP CENTRAL INDEX KEY: 0001068104 STANDARD INDUSTRIAL CLASSIFICATION: [6770 ] IRS NUMBER: 820506425 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: S-8 SEC ACT: SEC FILE NUMBER: 333-38336 FILM NUMBER: 647830 BUSINESS ADDRESS: STREET 1: 333 SOUTH MAIN STREET STREET 2: PO BOX 6759 CITY: KETCHUM STATE: ID ZIP: 83340 BUSINESS PHONE: 2086227792 MAIL ADDRESS: STREET 1: PO BOX 6759 STREET 2: 333 SOUTH MAIN STREET CITY: KETCHUM STATE: ID ZIP: 83340 FORMER COMPANY: FORMER CONFORMED NAME: BARHILL ACQUISITION CORP DATE OF NAME CHANGE: 19980812 S-8 1 0001.txt FORM S-8 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-8 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 AQUA VIE BEVERAGE CORPORATION (Exact name of registrant as specified in its charter) Delaware 82-0506425 (State or other jurisdiction (I.R.S. Employer Identification No.) of incorporation or organization) P. O. Box 6759 333 South Main Street Suite 201 Ketchum, Idaho 83340 (Address of principal executive offices, including zip code) None (Full titles of the Plans) Thomas Gillespie President Chief Executive Officer and Chairman of the Board Aqua Vie Beverage Corporation 333 South Main Street, Suite 450 Ketchum, Idaho 83340 (208) 622-7792 (Name, address and telephone number of agent for service) Copy to: Butcher & Williams, P.S. 1001 Fourth Ave. Plaza Bldg, Suite 3827 Seattle, Washington 98154 CALCULATION OF REGISTRATION FEE
================================================================================ Title Of Each Proposed Proposed Class Of Maximum Maximum Securities Amount Offering Aggregate Amount Of To Be To Be Price Offering Registration Registered Registered Per Unit Price Fee - -------------------------------------------------------------------------------- Common Stock par value 3,500,000 $.001/share $3,500 $100 $.001 per share ================================================================================
2 PART I INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS Item 1. Plan Information.* ---------------- Item 2. Registrant Information and Employee Plan Annual Information.* ----------------------------------------------------------- - ------------- * Information required by Part I to be contained in the Section 10(a) prospectus is omitted from this Registration Statement in accordance with Rule 428 under the Securities Act of 1933 and the Note to Part I of Form S-8. PART II INFORMATION REQUIRED IN THE REGISTRATION STATEMENT Item 3. Incorporation of Documents by Reference. --------------------------------------- The following documents have been filed by the Registrant with the Securities and Exchange Commission and are incorporated by reference in this Registration Statement: (1) Quarterly Reports on Form 10-Q for the quarterly periods ended October 31, 1999 and January 31, 2000, and the Reports on Form 8-K and 8-K/A filed August 31, 1999, and October 29, 1999, respectively; SC 13 G/A, filed October 19, 1999; 10QSB filed August 13, 1999: SC 13 G filed April 19, 1999; 10KSB filed March 31, 1999; 10QSB/A filed January 26, 1999; 10QSB filed November 12, 1998; 10SB 12 G/A filed October 30, 1998; 10SB 12G/A filed September 28, 1998; and 10SB 12G filed August 13, 1998. (2) The description of the Registrant's Common Stock contained in The Form 8-K filed on August 31, 1999 and the July 31, 1999 year end audited statement contained in the Form 8-K/A filed on October 28, 1999 A filed with the Commission. In addition, all documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934 subsequent to the date of this Registration Statement and prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold shall be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the date of filing of such documents. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any 3 other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement. Upon the written or oral request of any person to whom a copy of this Registration Statement has been delivered, the Registrant will provide without charge to such person a copy of any and all documents(excluding exhibits thereto unless such exhibits are specifically incorporated by reference into such documents) that have been incorporated by reference into this Registration Statement but not delivered herewith. Requests for such documents should be addressed to Aqua Vie Beverage Corporation, P. O. Box 6759, Ketchum, Idaho 83340, Attention: Chief Executive Officer. Item 4. Description of Securities. ------------------------- Not applicable. Item 5. Interests of Named Experts and Counsel. -------------------------------------- Counsel to the issuer received in October, 1998 convertible Preferred Shares of the issuer as more particularly described in the form 8-K/A filed October 28, 1999, which is incorporated by reference. Said shares were not received on a contingent basis, and were not for services as promoter, underwriter, voting trustee, director, officer or employee of the issuer. Item 6. Indemnification of Directors and Officers. ----------------------------------------- The Registrant has authority under Article 145 of the State of Delaware Business Corporation Law Act (the "DBCLA") to indemnify its directors and officers to the extent provided for in the DBCLA. The Registrant's Restated Articles of Incorporation permit indemnification of directors and officers to the fullest extent permitted by law. The Delaware General Corporation Law, as amended, provides for the indemnification of the Company's officers, directors and corporate employees and agents under certain circumstances as follows: INDEMNIFICATION OF OFFICERS, DIRECTORS, EMPLOYEES AND AGENTS; INSURANCE. - (a) A corporation may indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (other than an action by or in the right of the corporation) by reason of the fact that he is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, 4 officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses (including attorneys' fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by him in connection with such action, suit or proceeding if he acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the corporation, and, with respect to any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful. The termination of any action, suit or proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that the person did not act in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests of the corporation, and, with respect to any criminal action or proceeding, had reasonable cause to believe that his conduct was unlawful. (b) A corporation may indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the corporation to procure a judgment in its favor by reason of the fact that he is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise against expenses (including attorneys' fees) actually and reasonably incurred by him in connection with the defense or settlement of such action or suit if he acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the corporation and except that no indemnification shall be made in respect of any claim, issue or matter as to which such person shall have been adjudged to be liable to the corporation unless and only to the extent that the Court of Chancery or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstance of the case, such person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such court shall deem proper. (c) To the extent that a director, officer, employee or agent of a corporation has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to in subsections (a) and (b) of this section, or in defense of any claim, issue or matter therein, he shall be indemnified against expenses (including attorney's fees) actually and reasonably incurred by him in connection therewith. (d) Any indemnification under subsections (a) and (b) of this section (unless ordered by a court) shall be made by the corporation only as authorized in the specific case upon a determination that indemnification of the director, officer, employee or agent is proper in the circumstances because he has met the applicable standard of conduct set forth in subsections (a) and (b) of this section. Such determination shall be made (1) by the board of directors by a majority vote of a quorum consisting of directors who were not parties to such action, suit or proceeding, or (2) if such a quorum is not obtainable, or, even if obtainable a 5 quorum of disinterested directors so directs, by independent legal counsel in a written opinion, or (3) by the stockholders. (e) Expenses incurred by an officer or director in defending any civil, criminal, administrative or investigative action, suit or proceeding may be paid by the corporation in advance of the final disposition of such action, suit or proceeding upon receipt of an undertaking by or on behalf of such director to repay such amount if it shall ultimately be determined that he is not entitled to be indemnified by the corporation as authorized in this section. Such expenses including attorneys' fees incurred by other employees and agents may be so paid upon such terms and conditions, if any, as the board of directors deems appropriate. (f) The indemnification and advancement expenses provided by, or granted pursuant to, the other subsections of this section shall not be deemed exclusive of any other rights to which those seeking indemnification or advancement expenses may be entitled under any bylaw, agreement, vote of stockholders or disinterested directors or otherwise, both as to action in his official capacity and as to action in another capacity while holding such office. (g) A corporation shall have power to purchase and maintain insurance on behalf of any person who is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise against any liability asserted against him and incurred by him in any such capacity or arising out of his status as such, whether or not the corporation would have the power to indemnify him against such liability under this section. (h) For purposes of this Section, references to "the corporation" shall include, in addition to the resulting corporation, any constituent corporation including absorbed in a consolidation of merger which, if its separate existence had continued, would have had power and authority to indemnify its directors, officers and employees or agents so that any person who is or was a director, officer, employee or agent of such constituent corporation, or is or was serving at the request of such constituent corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, shall stand in the same position under this section with respect to the resulting or surviving corporation as he would have with respect to such constituent corporation as he would have with respect to such constituent corporation if its separate existence had continued. (i) For purposes of this section, references to "other enterprises" shall include employee benefit plans; references to "fines" shall include any excise taxes assessed on a person with respect to an employee benefit plan; and references to "serving at the request of the corporation" shall include any service as a director, officer, employee or agent of the corporation which imposes duties on, or involves services by, such director, officer, employee, or agent with respect to an employee benefit plan, its participants, or beneficiaries; and a person who acted in good faith and in a manner he reasonably believed to be in the interest 6 of the participants and beneficiaries of an employee benefit plan shall be deemed to have acted in a manner "not opposed to the best interests of the corporation" as referred to in this section. (j) The indemnification and advancement of expenses provided by, or granted pursuant to, this section shall, unless otherwise provided when authorized or ratified, continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors, and administrators of such person. The Registrant intends to obtain directors and officers liability Insurance. Item 7. Exemption from Registration Claimed. ----------------------------------- Not Applicable. Item 8. Exhibits. -------- The following documents are filed as exhibits to this Registration Statement: 4.1 Not Applicable 5.1 Opinion of Bruce Butcher, Securities Counsel. 15.1 Letter re unaudited financial information 23.1 Consent of counsel (included in the opinion filed as Exhibit 5.1 of this Registration Statement). 23.2 Consent of W. Alan Jorgensen, CPA 24.1 Power of Attorney (included on signature page hereof) 26.1 Not applicable Item 9. Undertakings. ------------ The Registrant hereby undertakes: (1) To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement: (i) To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933; (ii) To reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the Form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement; and II-2 7 (iii) To include any material information with respect to the plan of distribution not previously disclosed in this Registration Statement or any material change to such information in this Registration Statement; provided, however, that paragraphs (1)(i) and (1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed by the Registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in this Registration Statement. (2) That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. (3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering. (4) That, for purposes of determining any liability under the Securities Act of 1933, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 that is incorporated by reference in this Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. (5) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue. II-3 8 SIGNATURES Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Ketchum and State of Idaho on the 1st day of June, 2000. AQUA VIE BEVERAGE CORPORATION By: /s/ Thomas Gillespie ----------------------------------- Thomas Gillespie, President, Chief Executive Officer and Chairman of the Board POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that the undersigned directors and officers of Aqua Vie Beverage Corporation, a Delaware corporation, which is filing a Registration Statement on Form S-8 with the Securities and Exchange Commission under the provisions of the Securities Act of 1933, as amended, hereby constitute and appoint Thomas Gillespie as true and lawful attorney-in-fact and agent, for him and in his name, place and stead, in any and all capacities, to sign such Registration Statement and any or all amendments to the Registration Statement, and all other documents in connection therewith to be filed with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact as agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.
Signature Title Date --------- ----- ---- President, Chief Executive Officer /s/ Thomas Gillespie and Chairman of the Board June 1, 2000 - -------------------------- principal executive officer) Thomas Gillespie
II-4 9 II-5 10 INDEX TO EXHIBITS Exhibit Number Exhibit 5.1 Opinion of Butcher & Williams, Counsel. 15.1 Letter re unaudited financial information 23.1 Consent of counsel (included in the opinion filed as Exhibit 5.1 of this Registration Statement). 23.2 Consent of W. Alan Jorgensen, CPA 24.1 Power of Attorney (included on signature page hereof) II-6
EX-5.1 2 0002.txt OPINION OF BUTCHER & WILLIAMS 1 EX-5.1 OPINION OF Butcher & Williams, COUNSEL Exhibit 5.1 May 30, 2000 Securities and Exchange Commission 450 Fifth Street, N. W. Washington, D. C. 20549 Re: Registration Statement on Form S-8 Dear Ladies and Gentlemen: We have reviewed the Articles of Incorporation (as amended) of Aqua Vie Beverage Corporation, a Delaware corporation (the "Company"). Subject to approval of the Board of Directors of the Company of the issuances of the shares pursuant to the various employee or consultant benefit plans which are the subject to this Registration and payment of $.001/per share for each share issued hereunder, and approval by the Board of Directors of the various employee or consultant benefit plans which are the subject to this Registration, and further subject, as to each person receiving shares under such employee benefit or consultant agreement that bona fide services are to be performed thereunder for purposes permitted by Form S-8 under the Securities Act of 1933, and without allowance for whether the Business Judgment of said Directors would or would not be supported in a proceeding to verify or challenge that judgment, it being assumed solely for the purposes hereof that such business judgment would be affirmed, but without opinion as to the possibility as to that or any other possible collateral attack thereon: Based upon the foregoing and in reliance thereon, we advise you that in our opinion the Shares, when issued and delivered in accordance with the provisions of the various employee benefit plans, will be legally issued, fully paid and non-assessable. We consent to the filing of this opinion as an exhibit to the Registration Statement. Respectfully submitted, /s/ Butcher & Williams, P.S., Counsel EX-23.2 3 0003.txt CONSENT OF ALAN JORGENSEN, CPA 1 EX-23.2 CONSENT OF INDEPENDENT AUDITOR Exhibit 23.2 CONSENT OF INDEPENDENT AUDITORS I consent to the incorporation by reference in this Registration Statement on Form S-8 to be filed on or about May 23, 2000, my audit opinion for the July 31, 1999 Audited Financial Statements as dated October 12, 1999 with respect to the financial statements of Aqua Vie Beverage Corporation included in the FORM 8 K/A filed with the Securities and Exchange Commission on October 28, 1999. /s/ W. Alan Jorgensen, CPA W. ALAN JORGENSEN, CPA Seattle, Washington May 23, 2000
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