UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report: February 12, 2003
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(Date of earliest event reported)
NAPOLI ENTERPRISES, INC.
(A Colorado Corporation)
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(Exact name of registrant as specified in its chapter)
Colorado 7389 912015608
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(State or other jurisdiction (Primary Standard (IRS Employer
of incorporation) Classification Code Identification No.)
Number)
566 - 1027 Davie Street, Vancouver, British Columbia Canada V6E 4L2
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(Address of principal executive offices, including zip code)
Telephone: 213-304-1936
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(Registrant's telephone number, including area code)
Item 1. Changes in Control of Registrant.
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On February 12, 2003, the Company received an offer from one of its principal
creditors, DGD Wealth Management Inc., to convert part of the Company's debt to
stock. The Company's Board of Directors agreed to convert two promissory notes,
including accrued interest to date totaling $1,188,627 in Company debt, at $0.40
per share. Thus, DGD Wealth Management Inc. was issued a total of 2,971,568
ordinary voting shares in the Company and as at this date DGD Wealth Management
became a majority shareholder in the company.
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.
IMPULSE MEDIA TECHNOLOGIES INC.
/s/ Steve Spanis
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(Signature)
Steve Spanis
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(Name)
CEO, CFO, President& Secretary
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(Position)
February 20, 2003
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(Date)