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 18, 2003
ENHANCE BIOTECH, INC.
(Formerly known as Becor Communications, Inc.)
(Exact name of issuer as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
000-31653 95-4766094
(Commission File Number) (IRS Employer Identification No.)
17337 Ventura Boulevard, Suite 224, Encino, CA 91316
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (818) 784-0040
Item 1. Changes in Control of Registrant.
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NOT APPLICABLE
Item 2. Acquisition or Disposition of Assets.
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On Friday, April 18, 2003, Registrant's Board of Directors approved and
agreed to a debt conversion agreement between Registrant, Registrant's wholly
owned subsidiary, Advanced Knowledge, Inc., a Delaware corporation, and Mr.
Buddy Young, an officer and director of Registration and its subsidiary. Mr.
Young agreed to convert all of the debt owed to him by the subsidiary of
approximately $434,000, except for $25,000, to equity and to assume the balance
of the subsidiary's liabilities and assets, which liabilities exceed the value
of the assets, in exchance for 1,000,000 shares of the subsidiary's common
stock. Registrant owns all 1,750,000 of the subsidiary's issued and outstanding
stock. Registrant transferred 1,000,000 of the subsidiary's shares to Mr. Young
in conjunction with the execution of a Debt Conversion Assignment and Assumption
Agreement. As a result, other than the $25,000 debt to Mr. Young, the subsidiary
has no assets or liabilities.
Item 3. Bankruptcy or Receivership.
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NOT APPLICABLE
Item 4. Change in Registrant's Certifying Accountants
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NOT APPLICABLE
Item 5. Other Events.
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Item 6. Resignations of Registrant's Directors.
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NOT APPLICABLE
Item 7. Financial Statements and Exhibits.
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NOT APPLICABLE
Item 8. Change in Fiscal Year.
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NOT APPLICABLE
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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.
BECOR COMMUNICATIONS, INC.,
A California corporation (Registrant)
Date: April 28, 2003 By: /s/ Buddy Young
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BUDDY YOUNG, Chief Executive
Officer
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