Attached files
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) JUNE 02 , 2010
E WORLD INTERACTIVE, INC.
(Exact name of registrant as specified in its charter)
Florida 333-130707 65-0855736
_____________ ___________ __________________
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
2580 Anthem Village Drive
Henderson, Nevada 89052.
_______________________________________
(Address of principal executive offices)(Zip Code)
(702) 588-5971
_______________________________
(Registrant's telephone number, including area code)
1147 Kang Ding Road, Room 208, Block D, Shanghai, China 20042
________________________________
(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 (see General Instruction A.2. below):
[ ] Written communication 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))
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On June 02 , 2010, E World Interactive, Inc. ("E World" or the "Company")
entered into a purchase agreement to acquire Media and Technology Solutions,
Inc, ("Media and Technology") a Nevada company under which E World will
purchase 100% of the outstanding stock of Media and Technology on terms and
conditions set out in the Purchase Agreement attached herein as Exhibit (c.1).
Media and Technology holds a number of contracts, rights and agreements entered
into directly or acquired under other agreements including
(i) The International Mothers Hall of Fame: Mothers Hall of Fame sells
tributes to mothers in the form of certificates of recognition and
enrollment in the International Mothers Hall of Fame and was recently
re-launched with a direct response TV ad campaign and online sales.
Media and Technology exclusively manages this property under a revenue
share agreement with the owner of the property.
(ii) The exclusive rights to develop and license the Hi Tops sport bar
brand in China
(iii) The exclusive agent of Premier Entertainment Services International,
Inc for China
(iv) TV broadcast agreements and joint venture development agreements for
various TV properties including Samantha's Outdoor Show with TV
personality Samantha Virk and a Cowboy Lifestyle Show with
Sportstainment Live, LLC.
Media and Technology does not have any fixed assets or real property or any
employees and carries a Convertible Promissory Note payable to its principal
shareholder, Blue Atelier Inc. of $150,000.
The consideration for the purchase of Media and Technology is 10,000,000 shares
of E World Common Stock.
Blue Atelier Inc., the principle shareholder of Media and Technology is the
largest shareholder in E World, holding 25,000,000 shares of the 33,252,480
shares outstanding at the date of the acquisition.
Audited Financial Statements and Notes to the Financial Statements of Media and
Technology Solutions, Inc. are attached herein as Exhibit (c.2).
Extract from the Audited Financial Statements of Media and Technology:
ITEM 2.01 COMPLETION AND CLOSING OF ACQUISITION AGREEMENT
On June 02 , 2010, E World purchased Media and Technology through the
purchase of all of the outstanding common stock of Media and Technology and
this purchased was completed on , 2010 through the issue of 10,000,000 (ten
million shares) of E World Common Stock .
The Balance Sheet of Media and Technology on the date of completion of the
transaction is set out here:
ITEM 5.06 CHANGE IN SHELL COMPANY STATUS
On June 02 , 2010, following the acquisition of Media and Technology through
the issue of 10,000,000 shares of E World Common Stock, E World Interactive is
now removed from the status of "Shell Company' defined as a company with no or
minimal operations or with no or minimal assets or assets consisting solely of
cash or cash equivalents.
ITEM 8.01 OTHER EVENTS
By way of unanimous resolution of the Board of Directors dated and effective
May 26, 2010, of the head office of the Company will be located at 2580 Anthem
Village Drive, Henderson, Nevada 89052.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
Exhibit No. Description
c.1 AGREEMENT FOR THE PURCHASE AND SALE OF 100% OF THE STOCK OF
MEDIA AND TECHNOLOGY SOLUTIONS, INC.
c.2 Audited Financial Statements Media and Technology Solutions,
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.
E World Interactive, Inc.
Dated: June 02, 2010 By: /s/ Gerry Shirren
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Gerry Shirren
Title: Presiden