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): April 25, 2001
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iLive, Inc.
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation)
0-28549 95-4783826
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(Commission File Number) (IRS Employer Identification No.)
3960 Wilshire Blvd., Suite 406, Los Angeles, CA 90010
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(Address of principal executive offices) (Zip Code)
(213) 252-1090
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Registrant's telephone number, including area code:
N/A
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(Former name, address and telephone number)
ITEM 1. CHANGES IN CONTROL OF REGISTRANT
Not applicable
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On April 25, 2001, iLive, Inc., ("iLive" or the "Company"), Web
Theatre.com, Inc., an Arizona corporation ("Web Theatre"), and Webpayperview,
Inc., an Arizona corporation ("Webpayperview") completed the rescission of the
acquisition of the assets of Web Theatre and Webpayperview by iLive previously
reported by the Company on Form 8-K filed on February 7, 2001. As a result
of the recession, iLive agreed to return all assets acquired from Web Theatre
and Webpayperview and Web Theatre and Webpayperview agreed to return all shares
of iLive's common stock transferred as a result of the asset acquisition.
In addition, Mr. Darreck Manteau and Mr. Thomas Gaffney agreed to resign their
respective positions with iLive.
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
Not applicable
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Not applicable.
ITEM 5. OTHER EVENTS
Not applicable.
ITEM 6. RESIGNATIONS OF DIRECTORS AND EXECUTIVE OFFICERS
Not applicable.
ITEM 7. FINANCIAL STATEMENTS
Not applicable.
ITEM 8. CHANGE IN FISCAL YEAR
Not applicable.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report on Form 8-K to be signed on its behalf by
the undersigned hereunto duly authorized.
ILIVE, INC.
/s/ Scott Henricks
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Scott Henricks, CEO
Date: May 2, 2001