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EXCEL - IDEA: XBRL DOCUMENT - VERUS INTERNATIONAL, INC.Financial_Report.xls

 

 

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 10-K/A

(Mark One)

x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
     For the fiscal year ended October 31, 2012
     

or

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
     For the transition period from _______________________ to ___________________
     

 

Commission File Number 001-34106

 


 

REALBIZ MEDIA GROUP, INC.

Formerly Webdigs, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   11-3820796
(State of incorporation)   (I.R.S. Employer Identification No.)
     

2690 Weston Road, Suite 200

Weston, FL

  33331
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (954) 888-9779

 

Securities registered pursuant to Section 12(b) of the Act:  None

Securities registered pursuant to Section 12(g) of the Act:  Common stock, $.001 par value

 


 

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.   

o Yes   x No

 

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.   

o Yes   x No

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to the filing requirements for the past 90 days.  

 o Yes   x No

 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

o Yes   o No

 

 
 

 

 

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.   x

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company.  See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act:

 

Large accelerated filer  o    Accelerated filer  o    Non-accelerated filer  o    Smaller reporting company  x

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Act).

o Yes   x No

 

The aggregate market value of the voting stock held by persons other than officers, directors and more than 5% stockholders of the registrant (non-affiliates) was approximately $32,000 as of April 30, 2012 when the last reported sales price was $0.22 per share. As of October 31, 2012, 383,651 shares of common stock were outstanding. This takes into account the 1 for 200 reverse stock split which occurred on May 17, 2012.

 

 

  

 
 

EXPLANATORY NOTE

 

 

Realbiz Media Group, Inc. is filing this Amendment No. 1 (the “Amendment No. 1”) to its Annual Report on Form 10-K for the fiscal year ended October 31, 2012, which was originally filed on February 14, 2013 (the “Original Filing”) for the sole purpose of furnishing Exhibit 101 to the Form 10-K in accordance with Rule 405 of Regulation S-T. Exhibit 101 to this report provides the consolidated financial statements and related notes from the Form 10-K formatted in XBRL (eXtensible Business Reporting Language).

 

No other changes have been made to the Original Filing. This Amendment No.1 does not reflect events that may have occurred subsequent to the Original Filing date, and does not modify or update in any way disclosures made in the Form 10-K for the fiscal year ended October 31, 2012.

 

Pursuant to Rule 406T of Regulation S-T, the interactive data files contained in Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.

 

 
 

 

 

Exhibits

 

Exhibit

Number

  Description  
21   Subsidiaries of Realbiz Media Group, Inc. *  
       
31.1   Certification of CEO pursuant to Section 302. *  
       
31.2   Certification of CFO pursuant to Section 302. *  
       
32.1   Certification of CEO pursuant to Section 906. *  
       
32.2   Certification of CFO pursuant to Section 906. *  
       
101.INS   XBRL Instance Document**  
       
101.CAL   XBRL Taxonomy Extension Calculation Linkbase Document**  
       
101.DEF   XBRL Taxonomy Extension Definition Linkbase Document**  
       
101.LAB   XBRL Taxonomy Extension Label Linkbase Document**  
       
101.PRE   XBRL Taxonomy Extension Presentation Linkbase Document**  
       
101.SCH   XBRL Taxonomy Extension Schema Document**  
       

 

*Previously filed as exhibit to Registrant’s Annual Report on Form 10-K for the period ended October 31, 2012.

** Filed electronically herewith.

 

 

SIGNATURES

 

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Realbiz Media Group, Inc.
   
  /s/ William Kerby
  William Kerby
  President and Chief Executive Officer
 

February 20, 2013

 

  /s/ Adam Friedman
  Adam Friedman
 

Chief Financial Officer

February 20, 2013

 

 

 

 
 

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

Name   Title   Date
         
/s/ William Kerby   Chairman and Chief Executive Officer    February 20, 2013 
William Kerby  

(Principal Executive Officer)

 

   
         
/s/ Adam Friedman  

Chief Financial Officer

 

  February 20, 2013 
Adam Friedman   (Principal Financial Officer)