0000950134-01-507183.txt : 20011019 0000950134-01-507183.hdr.sgml : 20011019 ACCESSION NUMBER: 0000950134-01-507183 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20010913 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20011011 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTELEFILM CORP CENTRAL INDEX KEY: 0000882160 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812] IRS NUMBER: 411663712 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21534 FILM NUMBER: 1756690 BUSINESS ADDRESS: STREET 1: 5501 EXCELSIOR BLVD CITY: MINNEAPOLIS STATE: MN ZIP: 55416 BUSINESS PHONE: 6129258840 MAIL ADDRESS: STREET 1: 5501 EXCELSIOR BLVD CITY: MINNEAPOLIS STATE: MN ZIP: 55416 FORMER COMPANY: FORMER CONFORMED NAME: CHILDRENS BROADCASTING CORP DATE OF NAME CHANGE: 19951102 8-K 1 c65388ae8-k.txt CURRENT REPORT DATED 9/13/01 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 SEPTEMBER 13, 2001 Date of report (Date of earliest event reported) iNTELEFILM CORPORATION (Exact Name of Registrant as Specified in Charter) MINNESOTA 0-21534 41-1663712 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification Number)
6385 OLD SHADY OAK ROAD, SUITE 290, EDEN PRAIRIE, MN 55344-3299 (Address of Principal Executive Offices, including Zip Code) (952) 925-8840 (Registrant's Telephone Number, including Area Code) 5501 Excelsior Boulevard, Minneapolis, MN 55416 (Former Address) ================================================================================ 2 ITEM 5 OTHER EVENTS Reference is made to the press releases issued to the public by the registrant on September 13, 2001 and October 8, 2001, attached hereto as exhibits 99.1 and 99.2, respectively, relating to the election of Mark A. Cohn as Chairman of the Board, President and Chief Executive Officer of the registrant and its majority owned subsidiary, WebADTV, Inc. ITEM 7 FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (c) 99.1 Press Release dated September 13, 2001. 99.2 Press Release dated October 8, 2001. SIGNATURES 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 on October 10, 2001. iNTELEFILM Corporation By:/s/ Mark A. Cohn ------------------------------------ Mark A. Cohn, President and Chief Executive Officer 2 3 EXHIBIT INDEX EXHIBIT NUMBER DESCRIPTION 99.1 Press Release dated September 13, 2001. 99.2 Press Release dated October 8, 2001. 3 EX-99.1 3 c65388aex99-1.txt PRESS RELEASE DATED 9/13/01 1 EXHIBIT 99.1 NEWS RELEASE FOR: iNTELEFILM CORPORATION ALEX TASSOS & ASSOCIATES Crosstown Corporate Center CORPORATE & FINANCIAL PUBLIC RELATIONS 6385 Old Shady Oak Rd, #290 17 Stonepointe Dr. Eden Prairie, MN 55344 Escondido, California 92025 Mark A. Cohn, Chairman Contact Alex Tassos 952-925-8843 760-737-7000______ MARK A. COHN ELECTED CHAIRMAN OF iNTELEFILM CORPORATION AND ITS WEBADTV SUBSIDIARY MINNEAPOLIS, MINN, Sept. 13, 2001 - iNTELEFILM CORPORATION (OTCBB: FILM), a service provider for the television commercial production industry, today announced that Mark A. Cohn has been elected to the Board of Directors of both iNTELEFILM and its majority owned, WebADTV. Cohn, who will serve as a non-executive Chairman of the board of iNTELEFILM and WebADTV, was founder and most recently the Chairman and CEO of Damark International, Inc., recently renamed Provell, Inc., a Minneapolis-based company that develops, markets and manages leading edge membership and customer relationship management programs. Christopher T. Dahl former Chairman and founder of iNTELEFILM stated "We are glad to have Mark here as a leading member of our board. We believe Mark's business skills and experience will prove to be invaluable assets as our business strategy evolves from an acquisitional to an operational emphasis." Dahl will continue to serve as a board member and Chairman Emeritus. ABOUT iNTELEFILM iNTELEFILM CORPORATION (OTCBB:FILM), based in Minneapolis, is a service provider for the television commercial production industry, offering extensive production capability and the exclusive services of established industry talent. Individual companies managed under the iNTELEFILM umbrella include CHELSEA PICTURES, New York, Los Angeles and Sydney, Australia; CURIOUS PICTURES, New York and San Francisco; DCODE, New York; and WebADTV, INC., Minneapolis. iNTELEFILM trades on the Over-the-Counter Bulletin Board Market under the symbol "FILM." Additional information on the company can be found in the company's filings with the Securities and Exchange Commission and on its website: WWW.INTELEFILM.COM. EX-99.2 4 c65388aex99-2.txt PRESS RELEASE DATED 10/8/01 1 EXHIBIT 99.2 NEWS RELEASE FOR: iNTELEFILM CORPORATION Crosstown Corporate Center 6385 Old Shady Oak Rd, #290 Eden Prairie, MN 55344 Mark A.Cohn, CEO 952-925-8840 iNTELEFILM CLOSES ON $1.5 MILLION PRIVATE PLACEMENT; NAMES NEW PRESIDENT AND CHIEF EXECUTIVE OFFICER MINNEAPOLIS, MN, OCTOBER 8, 2001 - iNTELEFILM Corporation (FILM.OB) announced today that the Company has closed on a $1,500,000 private placement of subordinated bridge notes. Proceeds from the offering will be used to provide working capital and reduce indebtedness. The Company also announced that Mark A. Cohn, the Company's Chairman, has assumed the additional roles of President and Chief Executive Officer of iNTELEFILM and WebADTV. Cohn, the former Chairman and CEO of Damark International, Inc., replaces Christopher T. Dahl, the founder of the Company who is retiring from active business involvement. Dahl will become Chairman Emeritus and remain on the board. He will continue to be involved with the firm's ongoing lawsuit with ABC/Disney. "Obtaining the financing, and hiring Mark, are both very positive steps for the Company. I have long admired Mark's business ability and believe he is uniquely qualified to build our WebADTV business into the industry standard," said Dahl. "We are fortunate to have him leading our team," Dahl continued. "Executives of this caliber are not usually available." Dahl has been FILM's Chairman, CEO and President since its inception in 1990. "I am excited to have the opportunity to increase shareholder value through a reshaping of the corporate structure and by helping to build WebADTV into a leading position in the media asset management industry", said Cohn. "The team at WebADTV has done an outstanding job in creating an innovative solution to the growing challenge of digitizing, archiving and retrieving of corporate video assets. It is my intention to substantially accelerate the rate of growth of WebADTV. I am delighted to have the full confidence of the Company's Board in these matters", he concluded. ...more 2 ABOUT iNTELEFILM iNTELEFILM Corporation FILM.OB, based in Minneapolis, is a service provider for the television commercial production industry, offering extensive production capability and the exclusive services of established industry talent. Individual companies managed under the iNTELEFILM umbrella include Chelsea Pictures, New York, Los Angeles and Sydney, Australia; Curious Pictures, New York ; DCode, New York; and WebADTV, Inc., Minneapolis. iNTELEFILM trades on the Over-the-Counter Bulletin Board under the symbol "FILM.OB" Additional information on the Company can be found in the Company's filings with the Securities and Exchange Commission and on the Company's website: www.intelefilm.com. CERTAIN STATEMENTS MADE IN THIS PRESS RELEASE OF A NON-HISTORICAL NATURE CONSTITUTE "FORWARD LOOKING STATEMENTS" WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. SUCH FORWARD-LOOKING STATEMENTS ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE ANTICIPATED. SUCH FACTORS INCLUDE, BUT ARE NOT LIMITED TO, CHANGES IN ECONOMIC CONDITIONS AND THE RISKS AND UNCERTAINTIES DESCRIBED IN THE COMPANY'S FORM 10KSB REPORT AS FILED FOR THE YEAR ENDED DECEMBER 31, 2000 WITH THE SECURITIES AND EXCHANGE COMMISSION. # # # #