-----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, OKMnfPWAmP8QJbizxRE1SWgQvIQ5oO+GUg2NVdVO5k774PQVzUrSsZk54Mz9tkuJ 1o9ejVVPJp0qhY01EpaJ6A== 0001000096-00-000178.txt : 20000302 0001000096-00-000178.hdr.sgml : 20000302 ACCESSION NUMBER: 0001000096-00-000178 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20000228 ITEM INFORMATION: FILED AS OF DATE: 20000229 FILER: COMPANY DATA: COMPANY CONFORMED NAME: E-NET COM CORP CENTRAL INDEX KEY: 0000926844 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 841273503 STATE OF INCORPORATION: NV FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: SEC FILE NUMBER: 000-24512 FILM NUMBER: 556235 BUSINESS ADDRESS: STREET 1: 3200 BRISTOL STREET STREET 2: SUITE 700 CITY: COSTA MESA STATE: CA ZIP: 92626 BUSINESS PHONE: 7145572222 MAIL ADDRESS: STREET 1: 2102 BUSINESS CENTER DRIVE STREET 2: 115E CITY: IRVINE STATE: CA ZIP: 92612 FORMER COMPANY: FORMER CONFORMED NAME: E NET FINANCIAL CORP DATE OF NAME CHANGE: 19990920 FORMER COMPANY: FORMER CONFORMED NAME: E NET CORP/NV DATE OF NAME CHANGE: 19990513 FORMER COMPANY: FORMER CONFORMED NAME: COMTECH CONSOLIDATION GROUP INC DATE OF NAME CHANGE: 19970624 8-K/A 1 FORM 8-K/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K/A CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report February 28, 2000 (Amending Report of January 27, 2000) e-Net Financial.Com Corporation ---------------------------------------------------- (Exact name of registrant as specified in its charter) Nevada 0-24512 84-1273503 -------------- ----------- ------------------ (State or other jurisdiction (Commission (IRS Employer of incorporation File Number) Identification No.) 3200 Bristol Street, Suite 700, Costa Mesa, CA 92626 ----------------------------------------------------- (Address of principal executive offices) Registrant's telephone number, including area code (714) 557-2222 2102 Business Center Dr., Suite 115E, Irvine, CA 92612 ----------------------------------------------------------- (Former name or former address, if changed since last report) Item 7. Financial Statements or Exhibits (a) Financial Statements of Business Acquired. (1) VPN.COM JV Partners. Restated Financial Statements for the Fiscal Year Ended December 21, 1999, Exhibits 1, 1.1, and 1.2 (b) Exhibits. 1 VPN.COM JV Partners Balance Sheet 1.1 VPN.COM JV Partners Consolidated Statement of Operations 1.2 VPN.COM JV Partners Statement of Cash Flows All other exhibits applicable were previously filed with the Form 8-K dated January 27, 2000. Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed by the undersigned hereunto duly authorized. Date February 28, 2000 e-Net Financial.Com Corporation /s/ Michael Roth ------------------------------------ Michael Roth, President EX-1 2 BALANCE SHEET Exhibit 1 VPN.COM JV Partners Balance Sheet Part I - Financial Information VPN.COM JV Partners (A Development Stage Company) - -------------------------------------------------------------------------------- Balance Sheet December 21 1999 ----------- ASSETS CURRENT ASSETS Accounts receivable ...................................... 13,288 Prepaid Expenses ......................................... 5,000 ---------- Total Current Assets ....................................... 18,288 EQUIPMENT, net ............................................. 38,003 GOODWILL ................................................... 960,274 ---------- Total Assets ............................................... 1,016,565 ========== LIABILITIES AND PARTNERS' EQUITY (DEFICIT) CURRENT LIABILITIES Notes payable ............................................ 53,416 Accounts payable and accrued expenses .................... 81,398 ---------- TOTAL CURRENT LIABILITIES .............................. 134,814 TOTAL LIABILITIES ...................................... 134,814 ---------- PARTNERS' EQUITY Contributed Capital ...................................... 1,004,000 Paid-in capital .......................................... 5,000 Retained earnings ........................................ (127,249) ---------- TOTAL PARTNERS' EQUITY (DEFICIT) ....................... 881,751 ---------- 1,016,565 ========== Unaudited Statement of Condition Compiled From Books and Records of Company EX-1.1 3 CONSOLIDATED STATEMENT OF OPERATIONS 10.2 Purchase Agreement between EMB and e-Net Financial Corporation dated December 22, 1999 for VPN. Exhibit 1.1 VPN.COM JV Partners Consolidated Statement of Operations VPN.COM JV Partners (A Development Stage Company) Consolidated Statements of Operations Inception (March 6, 1999) through December 21, 1999 Mar 6, Dec 12, 1999 ------------ REVENUES Sales .................................................... 71,930 -------- TOTAL REVENUES ........................................ 71,930 -------- COST OF GOODS SOLD Cost of Sales-Projects ................................... 73,543 -------- TOTAL COST OF GOODS SOLD .............................. 73,543 GROSS PROFIT (LOSS) ........................................ (1,613) OPERATING EXPENSES General and administrative ............................... 124,737 -------- TOTAL OPERATING EXPENSES .............................. 124,737 -------- INCOME (LOSS) FROM OPERATIONS .............................. (126,350) OTHER INCOME (EXPENSE) Interest Expense ......................................... (899) -------- TOTAL OTHER INCOME (EXPENSE) .......................... (899) -------- INCOME (LOSS) BEFORE INCOME TAXES .......................... (127,249) Income Taxes ............................................. 0 -------- NET INCOME (LOSS) .......................................... (127,249) ======== Unaudited Statement of Condition Compiled From Books and Records of Company EX-1.2 4 STATEMENT OF CASH FLOWS Exhibit 1.2 VPN.COM JV Partners Statement of Cash Flows VPN.COM JV Partners (A Development Stage Company) STATEMENT OF CASH FLOWS Mar 6 - Dec 21, 1999 ------------ Cash flows from operating activities: Net income (loss) .......................................... (127,249) (Increase) in accounts receivable .......................... (13,288) (Increase)/Decrease in prepaid expenses .................... (5,000) Depreciation ............................................... 46,356 (Increase) in other assets ................................. (1,000,000) Increase in accounts payable ............................... 45,997 Increase in accrued expenses ............................... 35,402 ---------- Net cash used by operating activities ...................... (1,017,782) ---------- Cash flows from investing activities: Purchases of equipment ..................................... (44,634) ---------- Net cash used by investing activities ...................... (44,634) ---------- Cash flows from financing activities: Net Proceeds from borrowings on short-term loans ........... 53,416 Contributed Capital .......................................... 1,004,000 Proceeds received from partners ............................ 5,000 ---------- Net cash provided by financing activities .................. 1,062,416 ---------- Net increase in cash ......................................... 0 Cash, beginning of period .................................... 0 ---------- Cash, end of period .......................................... 0 ========== Unaudited Statement of Cash Flows Compiled From Books and Records of Company -----END PRIVACY-ENHANCED MESSAGE-----