8-K 1 p0323-8k.txt FORM 8-K DATED 3/23/2004 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) March 9, 2004 RIM HOLDINGS INC. (Exact name of registrant as specified in its charter) Nevada 0-31047 86-0995730 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 7579 E. Main, Suite 600, Scottsdale, AZ 85251 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (480) 970-3336 ITEM 5. OTHER EVENTS. On March 9, 2004, Rim Holdings Inc., a provider of computer network design, installation and support services ("Rim"), executed a non-binding Letter of Intent to acquire a foreign company named Starway Management LTD. ("SML") upon the issuance of approximately 27,500,000 restricted common stock shares after RIM has been recapitalized by means of a 20-for-1 reverse stock split. Rimmer Computer, Rim's current subsidiary, will be spun off to Rim's current management in exchange for 1,000,000 pre-split shares. The Letter of Intent requires SML to have gross revenues in excess of $20,000,000 and net income after taxes in excess of $6,000,000. The consummation of the transaction contemplated by the Letter of Intent is subject to a due diligence investigation by both parties and other terms and conditions, and there is no assurance this transaction will ever be consummated. 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, thereunto authorized. RIM HOLDINGS INC. Date: March 23, 2004 By: /s/ Christina M. Strauch ------------------------------------- Christina M. Strauch, Chairman (Chief Executive Officer) 2