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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) May 27, 2005
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AMARU, INC.
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(exact name of registrant as specified in its charter)
Nevada
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(State or other jurisdiction of incorporation)
000-32695 88-0490089
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Commission File Number IRS Employer Identification Number
112 Middle Road, #08-01 Middland House, Singapore 188970
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(Address of principal executive offices)
Registrant's telephone number, including area code: (65) 6332 9287
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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 8.01 OTHER EVENTS
As of May 27, 2005, the wholly-owned subsidiary of Amaru, Inc.
(the"Company"), M2B World, Inc.,a California corporation ("M2B World") entered
into an investment agreement (the "Agreement") with Indie Vision Films, Inc., a
California corporation ("IV") to purchase 20% of the beneficial ownership of IV
in consideration for $500,000. The total purchase price is due in three
installments of $100,000, $150,000 and $250,000, with a final installment due on
December 1, 2005. In consideration for its purchase, M2B World will be entitled
to the rights to receive programming from IV from its library of programming for
a period of five (5) years at the value of at least $350,000. M2B World will
also have rights to receive advertising and promotional spots for its Broadband
Channels for the value of $350,000.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act or 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: June 7, 2005 AMARU, INC.
By: /s/ Colin Binny
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Colin Binny
President