-----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, AX+v3RiMSlMx0Y4QZv7RT9+VdjoqRxGYAZno5y7Xe7LtgiZwvCfO33xfN2u8XsSn MEWN5eP05/6wCuvn3uEU0w== 0001005477-00-003186.txt : 20000417 0001005477-00-003186.hdr.sgml : 20000417 ACCESSION NUMBER: 0001005477-00-003186 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000403 ITEM INFORMATION: FILED AS OF DATE: 20000414 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NETWORKS NORTH INC CENTRAL INDEX KEY: 0000797313 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 112805051 STATE OF INCORPORATION: NY FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-18066 FILM NUMBER: 602228 BUSINESS ADDRESS: STREET 1: 14 METEOR DR STREET 2: BLDG 18 CITY: ETOBOCOKE ONTARIO STATE: A6 ZIP: 00000 BUSINESS PHONE: 4166756666 MAIL ADDRESS: STREET 1: 14 METEOR DR CITY: ETOBICOKE ONTARIO STATE: A6 FORMER COMPANY: FORMER CONFORMED NAME: NTN CANADA INC DATE OF NAME CHANGE: 19961016 8-K 1 FORM 8-K 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) April 3, 2000 NETWORKS NORTH, INC. --------------------------------------------------------- (Exact name of registrant as specified in its charter) NEW YORK 005-52525 112805051 ----------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 14 METEOR DRIVE, ETOBICOKE, ONTARIO CANADA, M9W 1A4 --------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (416) 675-6666 -------------------------------------------------------------- (Former name or former address, if changed since last report.) (a) Changes in Control of Registrant. 1. On April 3, 2000, Chell.com Ltd ("Chell.com") and Hammock Group Ltd. ("Hammock") acquired 462,893 Shares and 462,892 Shares, respectively, of Networks North, Inc. (the "Company") from NetStar Enterprises, Inc. 2. Chell.com paid $1,388,682, which was obtained from Chell.com's working capital. Hammock paid $1,388,679, which was obtained from Hammock's working capital. 3. The Registrant believes that Chell.com now owns 462,894 Shares and Hammock now owns 462,893 Shares of the Company's Stock, which constitutes each beneficially owning approximately a 15.2% direct voting interest in the Company. 4. As a result of these transactions, the Registrant's Board of Directors has appointed four (4) designees of Chell.com and Hammock to its Board, constituting four (4) of the seven (7) members of the Board of Directors. (b) VC Advantage Fund ("VC") has agreed to provide a Three Million ($3,000,000) Dollar loan to the Company. VC will receive a Convertible Debenture, which will be convertible into Common Stock of the Company, based upon an agreed conversion price of $3.00 per Share. This transaction is subject to Shareholder approval at the next meeting of the Shareholders of the Company. 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. Networks North, Inc., Date: April 13, 2000 By: ___________________________ Peter Rona, President -----END PRIVACY-ENHANCED MESSAGE-----