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): November 27, 2001
CAPITAL GROWTH SYSTEMS, INC.
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(Exact name of Registrant as specified in its charter)
Florida 000-30831 65-0953505
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(State or other jurisdiction (Commission) (I.R.S. Employer
of Incorporation) File Number Identification No.)
ONE WEST CAMINO REAL, SUITE 118, BOCA RATON, FL 33432
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(Address of principal executive offices including Zip Code)
(Registrant's telephone number, including area code) 561-361-4567
12630 Via Ravenna, Boynton Beach, Florida, 33436
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Former name or address, if changed since last report)
ITEM 1: CHANGE IN CONTROL OF REGISTRANT
On November 27, 2001 the owners of 925,000 of the Registrant representing 99.9%
of the stock outstanding sold their shares to SMP Financial Consultants, Inc.
pursuant to an Agreement of Purchase and Sale of Shares for a total cash
consideration of $ 64,600.
ITEM 6: RESIGNATION OF REGISTRANTS' DIRECTORS
On November 27, 2001 pursuant to an Agreement of Purchase and Sale of Shares,
Mr. Allen Borowsky, the sole director and officer resigned from the Company.
At a meeting on November 27, 2001 of the Board, Mr. James Caprio was appointed
as the sole director and officer of the Registrant.
ITEM 7: EXHIBITS
17 Resignation of officer and director
EXHIBIT 17
RESIGNATION
I, Allen Borowsky, hereby tender my resignation as the sole officer and director
Of Capital Growth Systems, Inc. effective immediately.
/S/ Allen Borowsky
- ------------------------- DATE: November 27, 2001
Allen Borowsky
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.
CAPITAL GROWTH SYSTEMS, INC.
s/s James Caprio
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James Caprio, President
October 9, 2002