-----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, GxEPVnuEK7W/5XKR8kGbN9JgxvuznTxX+zustLs4JD1PnqRAOTcOthUoeJ1lVLpw 2sffqSZXfTeHAiPV/knH6A== /in/edgar/work/20000801/0000950008-00-000177/0000950008-00-000177.txt : 20000921 0000950008-00-000177.hdr.sgml : 20000921 ACCESSION NUMBER: 0000950008-00-000177 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000801 ITEM INFORMATION: ITEM INFORMATION: ITEM INFORMATION: ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000801 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ZSTAR ENTERPRISES INC CENTRAL INDEX KEY: 0001074457 STANDARD INDUSTRIAL CLASSIFICATION: [7000 ] IRS NUMBER: 980196675 STATE OF INCORPORATION: NV FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-14815 FILM NUMBER: 683756 BUSINESS ADDRESS: STREET 1: 4324 WEST 12TH AVE CITY: VANCOUVER BC CANADA STATE: A1 8-K 1 0001.txt ONVANTAGE, INC. FORM 8-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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): August 1, 2000 ONVANTAGE, INC. (Exact name of registrant as specified in charter) Nevada 001-14815 98-019675 ---------------------------- ------------------------ ------------------- (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 333 W. Santa Clara Street, Suite 1000 San Jose, California 95113 (Address of principal executive offices) Registrant's telephone number, including area code: (408) 795-1227 ITEM 1. CHANGE IN CONTROL OF REGISTRANT On July 19, 2000, Registrant announced it has completed the merger with OnVantage, Inc. of San Jose, California. A copy of the press release issued by the Registrant on July 19, 2000 concerning the foregoing transaction is filed herewith as Exhibit 20.1, and is incorporated herein by reference. The details of the merger, including the resulting change of control of the Registrant, are set forth in the Registrant's Form 14C filed June 27, 2000 and in the Registrant's Form 10-QSB filed July 14, 2000, both of which are incorporated herein by reference. ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS On July 19, 2000, Registrant announced it has completed the merger with OnVantage, Inc. of San Jose, California. A copy of the press release issued by the Registrant on July 19, 2000 concerning the foregoing transaction is filed herewith as Exhibit 20.1, and is incorporated herein by reference. The details of the merger, including the acquisition and disposition of assets, are set forth in the Registrant's Form 14C filed June 27, 2000 and in the Registrant's Form 10-QSB filed July 14, 2000, both of which are incorporated herein by reference. ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT On July 31, 2000 and in connection with the merger referred to in Items 1 and 2 of this Form 8-K, Registrant's board of directors ratified the appointment of Grant Thornton LLP as Registrant's independent accountants to replace Bingham & Company who was dismissed. Bingham & Company's report on the financial statements for the past two years did not contain an adverse opinion or a disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope, or accounting principles. During Registrant's two most recent fiscal years, and any subsequent interim period preceding such dismissal, there were no disagreements with Bingham & Company on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement(s), if not resolved to the satisfaction of Bingham & Company, would have caused Bingham & Company to make reference to the subject matter of the disagreement(s) in connection with its report. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (a) Financial statements of business acquired. Financial statements required by this section will be filed subsequently when available by amendment to this Form 8-K. (b) Pro forma financial statements. Pro forma financial statements required by this section will be filed subsequently when available by amendment to this Form 8-K. (c) Exhibits 16.1 Letter regarding Change in Certifying Accountant will be filed subsequently when available by amendment to this Form 8-K. 20.1 Press Release of Registrant, dated July 19, 2000 announcing the completion of the merger by Registrant with OnVantage, Inc. ITEM 8. CHANGE IN FISCAL YEAR In connection with the effective date of the merger referred to in Items 1 and 2 of this Form 8-K, the Registrant has determined to change its fiscal year end from February 28 to December 31. The Registrant's next Form 10-QSB will reflect the new fiscal year end. 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. ONVANTAGE, INC. /s/ Lisa Nixon DATED: August 1, 2000 By: Lisa Nixon Corporate Secretary EX-20.1 2 0002.txt PRESS RELEASE EXHIBIT 20.1 WEDNESDAY JULY 19, 12:10 PM EASTERN TIME Company Press Release SOURCE: ONVANTAGE INC. via BCE Emergis e-News Services ZSTAR MERGES WITH ONVANTAGE AND CHANGES NAME TO ONVANTAGE, INC. ZSTR WITH NEW TRADING SYMBOL: ONVT SAN JOSE, CALIFORNIA Zstar Enterprises, Inc. (Nasdaq OTC BB: ZSTR - NEWS) today announced that it has received shareholder approval for a merger and has merged with OnVANTAGE, Inc, a Delaware corporation. The post-merger company will continue under OnVANTAGE's name, and its shares of common stock will begin trading on Thursday, July 20, 2000 on the OTC Bulletin Board under the new ticker symbol ONVT(Nasdaq OTC BB: ONVT - NEWS). Upon completion of the Merger, holders of common stock of OnVANTAGE will receive 20,190,000 shares common stock of ZSTAR, in exchange for all shares of common stock of OnVANTAGE. "We are extremely excited about merging with Zstar and view this as an important first step in developing our presence in the public markets," said Ken Raasch, Chairman and CEO of OnVANTAGE. "This relationship brings the financial resources OnVANTAGE requires to step up to the next level, both in business development and technology development," Raasch stated. About OnVANTAGE OnVANTAGE is a provider of Internet software and marketing solutions that enable companies to build dynamic, sustainable customer and employee relationships through custom Microportals that brand the desktop and serve as the gateway to the Internet. The OnVANTAGE solution is customizable so Brandholders can offer the services and features most important to their customers - under their company's own brand. To create premium solutions, OnVANTAGE has partnered with a leading network provider, premier merchants and valuable content providers. OnVANTAGE operates a progressive business model that pays its partners, maximizes click-through for merchants, and adds significant value to the customer's online experience. For more information, visit OnVANTAGE's website at www.onvantage.com. Caution Concerning Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipates", "estimates," "expects," "will," "should," "projects," "intends," "plans," "believes" and words and terms of similar substance used in connection with any discussion of future operating or financial performance identify such forward-looking statements. Those forward-looking statements are management's present expectations of future events and conditions. As with any projection or forecast, they are inherently susceptible to uncertainty and changes in circumstances. OnVANTAGE is an early-stage growth company that operates in a highly-competitive and rapidly changing environment, and its business results are dependent on numerous factors, including but not limited to demand for its products and services, their ability to manage costs and generate revenues, technological developments, protection of intellectual property rights, its ability to attract and retain key personnel, and the resolution of issues concerning commercial activities via the Internet, including security, reliability, cost, ease of use and access, and government regulation. OnVANTAGE's actual results could differ materially from management's expectations because of changes in such factors. For further information, contact: Corporate Relations Investor Relations OnVANTAGE, Inc. TPI Communications Inc. Tel: (408) 795-1228 Toll Free: (888) 461-9991 Email: info@onvantage.com Email: tpi@direct.ca Website: www.onvantage.com SOURCE: ONVANTAGE INC. -----END PRIVACY-ENHANCED MESSAGE-----