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EX-99.1 - EXHIBIT 99.1 - GLOBAL AXCESS CORPv231700_ex99-1.htm

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 11, 2011
 
GLOBAL AXCESS CORP.
(Exact name of registrant as specified in its charter)
 
Nevada
000-17874
88-0199674
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
 
7800 Belfort Parkway, Suite 165, Jacksonville, Florida
32256
(Address of principal executive offices)
(Zip Code)
 
Registrant’s telephone number, including area code
(904) 280-3950
 
N/A
(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 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))

 
 

 

Item 2.02
Results of Operations and Financial Condition.

On August 11, 2011, Global Axcess Corp., a Nevada corporation (the “Company”), announced its results of operations for the second quarter ended June 30, 2011.  A copy of the related press release is being filed as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference in its entirety.  The earnings release contains non-GAAP financial measures.  EBITDA has been presented in order to assist in the analysis of the operating profitability of the Company because the Company believes this form of measurement eliminates the effects of non-operating expenses and non-cash charges.  Management reviews this form of measurement monthly.

The information in this Form 8-K and the exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 9.01
Financial Statements and Exhibits.

 
(d)
Exhibits.

Exhibit No.
 
Description
     
99.1
  
Press Release, dated August 11, 2011, issued by Global Axcess Corp.
 
 
 

 

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.

 
GLOBAL AXCESS CORP.
       
Dated: August 12, 2011
By:
 
/s/ Michael Loiacono
 
 
Name:
Michael Loiacono
 
 
Title:
Chief Financial Officer
 
 
 
 

 

EXHIBIT INDEX

Exhibit No.
 
Description
     
99.1
  
Press Release, dated August 11, 2011, issued by Global Axcess Corp.