SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Date of Report (Date of earliest event reported): March 31, 1999
VOXCOM HOLDINGS, INC.
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(Exact name of registrant as specified in its charter)
Nevada 0-24273 75-27155335
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(State of incorporation) (Commission File No.) (IRS Employer
Identification No.)
8115 PRESTON ROAD, EIGHTH FLOOR EAST, DALLAS, TEXAS 75225
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(Address of principal execute offices, including zip code)
(214)691-0055
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(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS.
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On March 31, 1999, Registrant concluded a transaction for the investment by
Jasper Resources Ltd. of $12,660,000, of which $4,000,000 was paid to acquire
3,000,000 shares of common stock upon conversion of the outstanding shares of
Registrant's Series B Preferred stock, and $8,660,000 was paid to purchase
4,000,000 newly issued shares of common stock from Registrant. From the net
proceeds to Registrant of $7,796,700, Registrant paid $200,000 to acquire the
source and object codes to its MAXpc computer board product, and will use the
balance to promote the MAXpc product and provide working capital.
The investor was granted a license to act as Distributor for the MAXpc
product in Germany and rights of first referral for the remainder of Europe.
Registrant's board of directors will be expanded to nine members,
consisting of the four existing directors, three representatives of the investor
and two independent directors, of which one each will be named by Registrant and
investor.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
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(a) Not applicable
(b) Exhibits
(1) Stock Purchase Agreement dated February 23, 1999 to purchase the
outstanding Series B Preferred Stock
(2) Assignment dated March 26, 1999
(3) Stock Purchase Agreement dated March 26, 1999 for the purchase of
4,000,000 shares of Common Stock
(4) Distributorship Agreement
(5) Voting Agreement
(6) Restated Bylaws of Registrant
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SIGNATURES
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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.
April 7, 1999
VOXCOM HOLDINGS, INC.
/s/ Donald G. McLellan
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Donald G. McLellan, President
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