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) March 10, 2005
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WESTERN MEDIA GROUP CORPORATION
(Exact name of Registrant as specified in charter)
Minnesota 2-71164 41-1311718
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(State or other jurisdic- (Commission (IRS Employer
tion of incorporation) File Number) Identification No.)
11 Oval Drive, Suite 200B, Islandia, NY 11749
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 631-342-8800
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(Former name, address and fiscal year, if changed since last report)
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:
[ ] 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 CFR240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES
On March 7, 2005 Western Media Group Corporation (the "Company") entered
into Subscription Agreements with the following purchasers (collectively the
"Purchasers") respectively for a private placement of a total of 3,500,000
shares ("Shares") of the Common Stock, $.001 par value, of the Company for a
purchase price of $0.05 per share for an aggregate of $175,000.00. The Shares
have not been registered under the Securities Act of 1933 (the "Act"), and were
issued pursuant to the exemption provided by Section 4(2) of the Act. The
closing occurred on March 10, 2005.
PURCHASER SHARES AGGREGATE PURCHASE PRICE
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Brad Allan Billik 50,000 $ 2500.00
Mark Steven Billik 50,000 $ 2500.00
Bernard Harold Billik 1,650,000 $ 82,500.00
Jay N. Schapira 875,000 $ 43,750.00
Phyllis B. Schapira
1984 Trust
Stanley A Brosman 875,000 $ 43,750.00
Total 3,500,000 $175,000.00
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.
WESTERN MEDIA GROUP CORPORATION
March 15, 2005 By: /s/ James Rose
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James Rose
Chief Financial Officer