-----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, UONYu7AKlWpOL4Ku7HTASTLjELaO+lkITmyWqberx2yBSMPJ9iAaD5lIeNgO3ry1 vZ28lilp7KSHinzkQjrRKw== 0001020229-05-000015.txt : 20050323 0001020229-05-000015.hdr.sgml : 20050323 20050323111814 ACCESSION NUMBER: 0001020229-05-000015 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050321 ITEM INFORMATION: Termination of a Material Definitive Agreement FILED AS OF DATE: 20050323 DATE AS OF CHANGE: 20050323 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CCI GROUP INC CENTRAL INDEX KEY: 0001117034 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 870648148 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-40954 FILM NUMBER: 05698216 BUSINESS ADDRESS: STREET 1: 405 PARK AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-421-1400 MAIL ADDRESS: STREET 1: 405 PARK AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: CARIBBEAN CLUBS INTERNATIONAL INC DATE OF NAME CHANGE: 20030127 FORMER COMPANY: FORMER CONFORMED NAME: KINSHIP SYSTEMS INC DATE OF NAME CHANGE: 20000622 8-K 1 eastwindsagreementterminatio.htm UNITED STATES

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 (Date of earliest event reported) February 21, 2005


CCI Group, Inc.

(Exact name of Registrant as specified in charter)




Utah                   333-40954                87-0648148

(State or other jurisdiction    (Commission              (I.R.S. Employer

of incorporation)           File Number)             Identification No.)


405 Park Avenue, 10th Floor, New York, New York              10022

(Address of principal executive offices)                 (Zip code)



Registrant's telephone number, including area code: 212-421-1400.




 (Former name or former address, if changed, since last report)




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Item 1.02. Termination of a Material Definitive Agreement.


   Effective December 30, 2004, we entered into a Sale of Assets Agreement with East Winds Beach Hotel Limited and East Winds Holdings Limited (“Sales Agreement”) to acquire a luxury resort known as the East Winds Inn located on the island of St. Lucia, British West Indies. Under the agreement, we were to acquire the resort for a total consideration of $5,700,000. The acquisition was subject to certain conditions, including our obtaining necessary governmental permits and licenses on or before specified dates. We also deposited $100,000 in escrow which was to be applied towards the purchase price.   We were unable to receive the required governmental approvals within the time periods prescribed in the Agreement, and the Agreement automatically terminated on February 15, 2005. Despite the termination of the Agreement, we attempted to further discuss the matter with the sellers in an effort to complete the transaction. H owever, on March 21, 2005, we advised the sellers of our intention to terminate further discussions, and we requested sellers’ counsel, who acted as escrow agent, to return our escrow deposit.


   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 thereunto duly authorized.




                                                         CCI Group, Inc.


Date: March 22, 2005                 

                                                    /s/ Fred W. Jackson, Jr.

                                                    Fred W. Jackson, Jr.

                                                    President





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