-----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, R/llqEPLo2ewip1FfvjJOJC8uf7POAA/QfBjohpSVrXA9ADwMQUO9KaKXiJMgu2k PhAMz5jk06Vcry6pDnEuxg== 0001116502-05-001821.txt : 20050810 0001116502-05-001821.hdr.sgml : 20050810 20050810105103 ACCESSION NUMBER: 0001116502-05-001821 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050809 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050810 DATE AS OF CHANGE: 20050810 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MIAD SYSTEMS LTD CENTRAL INDEX KEY: 0001081568 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-30801 FILM NUMBER: 051012224 BUSINESS ADDRESS: STREET 1: 43 RIVIERA DRIVE STREET 2: UNIT 6 CITY: MARKHAM STATE: A6 ZIP: L3R 5J6 BUSINESS PHONE: 9054790214 MAIL ADDRESS: STREET 1: 43 RIVIERA DRIVE STREET 2: UNIT 6 CITY: MARKHAM STATE: A6 ZIP: L3R 5J6 8-K 1 miad8k.htm CURRENT REPORT UNITED STATES



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):  August 9, 2005

______________

MIAD SYSTEMS LTD.

(Exact name of registrant as specified in its charter)

______________

Canada

03-30801

N/A

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)


43 Riviera Drive, Unit 6

Markham, Ontario, Canada L3R 5J6

(Address of Principal Executive Office) (Zip Code)

(905) 479-0214

(Registrant’s telephone number, including area code)

Not Applicable

(Former Name or Former Address, If Changed Since Last Report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))












INFORMATION TO BE INCLUDED IN THE REPORT

Item 1.01.

Cancellation of  Material Definitive Agreement


On August 9, 2005, MIAD Systems, Ltd. (“MIAD”), cancelled the Asset Purchase Agreement with MIAD Information Systems, Inc. (“MIS”), entered into on May 24,2005 whereby MIS agreed to purchase all of the assets (“Purchased Assets”) of MIAD in exchange for MIS assuming all of the liabilities of MIAD, subject to approval by MIAD shareholders.


Concurrently, the Stock Purchase Agreement executed May 24,2005 whereby Joe Chiddy, In Trust agreed to purchase 1,960,000 common shares from Michael Green, MIAD’s Chief Executive Officer and largest shareholder, and to purchase 490,000 common shares from Adrienne Green, an affiliate of MIAD has also been cancelled.

Item 9.01.

Financial Statements and Exhibits.

(c)

Exhibits

n/a





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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.


 

MIAD SYSTEMS, LTD.

(Registrant)

  
 

By:  /s/ MICHAEL A. S. GREEN

  

Michael A. S. Green

  

President



Date: August 9, 2005





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