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) July 23, 2008
COMMERCE GROUP CORP.
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(Exact name of registrant as specified in its charter)
Wisconsin 1-7375 39-6050862
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(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
of incorporation)
6001 North 91st Street, Milwaukee, Wisconsin 53225-1795
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (414) 462-5310
fax: (414) 462-5312
Not Applicable
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(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))
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ITEM 8.01 OTHER EVENTS
The following news release was issued on July 23, 2008:
COMMERCE GROUP CORP. SIGNS TO MERGE WITH CHICAGO POLITICAL FIRM
MILWAUKEE, WI, July 23, 2008/PR NEWSWIRE-First Call/--Commerce Group
Corp. (Commerce) (OTC Bulletin Board: CGCO.OB - News) announced today
that it has signed a letter of intent to merge with privately held Voter
Communications Inc., known as VoteComm (www.VoteComm.com).
Consideration would consist solely of shares of Commerce and result in a
newly organized and renamed company in which VoteComm will represent the
majority of the board and shares. Upon reorganization, current Commerce
shareholders shall retain an "undiluted" position in the gold mining
assets of Commerce.
The deal is subject to a definitive purchase agreement, certain balance
sheet requirements, and any required approvals by each company's board,
shareholders and the SEC. Closing is targeted for the fourth quarter
2008.
Commerce CEO Edward A. Machulak stated, "We are excited to be entering
the political media and consulting industry, which we believe offers our
shareholders the opportunity to benefit from a marketplace that has
historically shown strong growth even through recessionary times. The
VoteComm business plans would create a platform for greatly increasing
value for both company's shareholders."
Stephen J. Denari, CEO of VoteComm, noted, "We are truly thrilled to have
come to an agreement to merge with Commerce and thus enter the public
marketplace. Having known Commerce and the Machulak family for some 40
years, I am certain there will be a smooth transition and great
partnership going forward."
For the past 40 years Commerce has had an extensive gold and silver
interest in the Republic of El Salvador. Its common shares are traded
on the Over the Counter Bulletin Board (CGCO.OB) and on the Berlin-Bremen
Stock Exchange (C9G). For more information, please visit Commerce's
website at http://www.commercegroupcorp.com/news.html
FORWARD-LOOKING STATEMENTS
Certain statements in this release, and other written or oral statements
made by the Company, including the use of the words "expect,
"anticipate," "estimate," "project," "forecast," "outlook," "target,"
"objective," "plan," "goal," "pursue," "on track," and similar
expressions, are "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. These forward-looking statements are
subject to known and unknown risks, uncertainties and other factors that
may cause actual results, performance, or achievements of the company to
be different from those expressed or implied. The Company assumes no
obligation and does not intend to update these forward-looking
statements. Among the important factors that could cause actual results
to differ materially from those indicated by such forward-looking
statements include, without limitation: competitive and general economic
conditions, adverse effects of litigati on, the timely development and
acceptance of services, significant changes in the competitive
environment, the failure to generate or the loss of significant numbers
of customers, the loss of senior management, increased government
regulation or the company's failure to integrate its acquired companies
to achieve the synergies and efficiencies described in the "Management's
Discussion and Analysis" section of the Company's Form 10-K and other
reports and filings with the Securities and Exchange Commission, which
may be revised or supplemented in subsequent reports on SEC Forms 10-Q
and 8-K.
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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.
COMMERCE GROUP CORP.
(Registrant)
/s/ Edward A. Machulak
Date: July 24, 2008 _____________________________________
By: Edward A. Machulak, President
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