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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): December 1, 1999
AMERICAN VANTAGE COMPANIES
(Exact name of registrant as specified in its charter)
Nevada 0-10061 04-2709807
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(State or Other Jurisdiction (Commission File Number) (IRS Employer Ident. No.)
of Incorporation)
6787 West Tropicana, Suite 200, Las Vegas, Nevada 89103
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(Address of Principal Executive Offices) (Zip Code)
(702) 227-9800
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Registrant's telephone number, including area code
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Item 5. Other Events.
On December 6, 1999, American Vantage Companies (the "Company"), entered
into a stock purchase agreement, dated as of December 1, 1999 (the "Stock
Purchase Agreement"), to purchase 80% of the capital stock of Placement
2000.Com, Inc. ("Placement 2000") for $1 million in cash and up to an additional
$2 million in cash, based upon future earnings, to be used for Placement 2000's
general corporate purposes. Placement 2000 is a privately held online job
posting service for information technology (IT) professionals, companies, and
recruiters. The Company granted options to Placement 2000's former principal,
who is remaining with Placement 2000, to purchase up to 333,334 shares of the
Company's common stock.
Item 7. Exhibits.
10.1 Stock Purchase Agreement, dated as of December 1, 1999, among the
Company, Placement 2000 and Michael Woloshin
10.2 Employment Agreement, dated as of December 1, 1999, between the
Michael Woloshin and Placement 2000
10.3 Option Agreement, dated as of December 1, 1999, between the Company
and Michael Woloshin
99.1 Press Release of the Company, dated December 7, 1999.
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SIGNATURE
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 thereunto duly authorized.
AMERICAN VANTAGE COMPANIES
(Registrant)
Date: January __, 2000 By: /s/Ronald J. Tassinari
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Ronald J. Tassinari
President
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EXHIBIT INDEX
Exhibit No. Description
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10.1 Stock Purchase Agreement, dated as of December 1, 1999, among
the Company, Placement 2000 and Michael Woloshin
10.2 Employment Agreement, dated as of December 1, 1999, between
the Michael Woloshin and Placement 2000
10.3 Option Agreement, dated as of December 1, 1999, between the
Company and Michael Woloshin
99.1 Press Release of the Company, dated December 7, 1999.
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