SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
MAXIMUM DYNAMICS, INC.
(Exact Name of Registrant as Specified in Its Charter)
Colorado
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(State or Other Jurisdiction of Incorporation or Organization)
84-1556886
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(I.R.S. Employer Identification No.)
2 North Cascade Avenue, Suite 1100, Colorado Springs, Colorado 80903
- ---------------------------------------- ----------
(Address of Principal Executive Offices) (Zip Code)
Employee and Consulting Agreement with Carla Stephanie Sharpe, Victor Angel,
Keenan Lewis, Nadeem Adonis, Sakhumzi Gawushe, Ernesto Angel, Andrew Shaun
Bremer, Cindy Louise Ashley, Bronwin Murray, Craig John Ogilvy, Nomonde Felicia
Zondani, Gert du Toit, Gregg Phillip Branquinho, Gregory Allum, Johannes Mathys
van Loggerenberg, Giovanni Carlo Fantozzi, Leane van Loggerenberg, Lee Jason
Glanville, Liesl Clarke, Marisa Steyn, Mzukisi Peacemaker Mnqayi, Martha Phumela
Johnson, Peter Presto Fakude, Raoul Delano Moses, Petrus Stephanus Mans de Beer,
Shirley Mazoko, Vernon Reginal Philander, Veronique Isaacs, T'Christopher
Gardner, Charles Stephen Wilson, Michael Rhea Bennett, Henry Van Burean Jarrett
JR, Rina Broomberg, Francois Fehrsen, Chris Roed, Johannes Clausen, Francesco
Maccioni, Joshua Neale Wolcott, Troy Lynette and Tom Richfield; Consulting
Employee Agreement with Eric Majors.
(Full Title of Plans)
Eric Majors
2 North Cascade Avenue, Suite 1100, Colorado Springs, Colorado 80903
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(Name and Address of Agent for Service)
Unit 1, College House, Village Square, Parklands, South Africa 7441
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(Address of Global Operations Center) (Zip Code)
(719) 381-1728 in the U.S.A and 011.27.21.556.1155 in South Africa
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(Telephone Number, including Area Code, of Agent for Service)
CALCULATION OF REGISTRATION FEE
========================== ========================= ========================= ===================== ===================
TITLE OF SECURITIES AMOUNT PROPOSED MAXIMUM PROPOSED MAXIMUM AMOUNT OF
TO BE REGISTERED TO BE OFFERING PRICE AGGREGATE REGISTRATION FEE
REGISTERED(1) OFFERING PRICE
PER SHARE(2)
- -------------------------- ------------------------- ------------------------- --------------------- -------------------
Common Stock,
no par value 8,963,793 $0.041 $367,515.51 $46.56
========================== ========================= ========================= ===================== ===================
(1) Consists of shares issued pursuant to the Consulting Agreement with the
individuals named above.
(2) Estimated solely for the purpose of estimating the registration fee pursuant
to Rule 457(c) promulgated pursuant to the Securities Act of 1933, on the basis
of the average of the bid and ask price of the Registrant's Common Stock as
reported on the Over The Counter Bulletin Board on December 6, 2004.
1
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
ITEM 1. PLAN INFORMATION.
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The Registrant is offering the following shares of its common stock to the
following individuals for their services performed on the Registrant's behalf.
The issuance of these shares is being made pursuant to the Employee and
Consultant Agreements (the "Agreements") dated November 19, 2004 and adopted by
the Board of Directors on December 6,2004 with regard to Victor Angel, Keenan
Lewis, Nadeem Adonis, Sakhumzi Gawushe, Ernesto Angel, Andrew Shaun Bremer,
Cindy Louise Ashley, Bronwin Murray, Craig John Ogilvy, Nomonde Felicia Zondani,
Gert du Toit, Gregg Phillip Branquinho, Gregory Allum, Johannes Mathys van
Loggerenberg, Giovanni Carlo Fantozzi, Leane van Loggerenberg, Lee Jason
Glanville, Liesl Clarke, Marisa Steyn, Mzukisi Peacemaker Mnqayi, Martha Phumela
Johnson, Peter Presto Fakude, Raoul Delano Moses, Petrus Stephanus Mans de Beer,
Shirley Mazoko, Vernon Reginal Philander, Veronique Isaacs, T'Christopher
Gardner, Charles Stephen Wilson, Michael Rhea Bennett, Henry Van Burean Jarrett
JR, Rina Broomberg, Francois Fehrsen, Chris Roed, Johannes Clausen, Francesco
Maccioni, Joshua Neale Wolcott, Eric Majors, Troy Lynette, and Tom
Richfield and on December 7, 2004 in regard to Carla Stephanie Sharpe. Mr.
Majors is subject to a separate agreement. The Board has equated the number of
these shares to the value of the services provided by these individuals as
indicated in the table below. The shares issued hereunder will not be subject to
any resale restrictions. The Agreements are not qualified under ERISA. The
following individuals will receive the number of shares listed next to their
names in exchange for the specific services listed:
CONSULTANT DESCRIPTION OF SERVICES Fees Shares
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Carla Stephanie Sharpe Accounting and compliance $3,448 73,681
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Victor Angel Bus Dev for POS in Mexico & Latin America $17,241 368,406
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Keenan Lewis Outsourced: Fleet Vehicle Driver $1,078 23,025
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Nadeem Adonis Outsourced: Fleet Vehicle Driver $1,078 23,025
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Sakhumzi Gawushe Outsourced: Fleet Vehicle Driver $1,078 23,025
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Ernesto Angel Bus Dev for POS in Mexico & Latin America $3,448 73,681
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Andrew Shaun Bremer IT Manager and systems development $6,466 138,152
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Cindy Louise Ashley Executive assistant in Ops management info $19,397 414,456
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Bronwin Murray Call Centre Operator $1,940 41,446
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Craig John Ogilvy Accounting & Financial Services $10,345 221,043
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Nomonde Felicia Zondani Cleaning services $1,078 23,025
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Gert du Toit Call Centre Operator $621 13,263
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Gregg Phillip Branquinho IT Technology: Progr. & Systems Analyst $1,724 36,841
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Gregory Allum Call Centre Operator $3,448 73,681
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Johannes M van Loggerenberg Project Manager: Mobile commerce $23,276 497,347
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Giovanni Carlo Fantozzi VP of Tagnet, Africa Region $23,276 497,347
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Leane van Loggerenberg Human Resources $8,621 184,203
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Lee Jason Glanville Technology Department $7,328 156,572
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Liesl Clarke Bookkeeping & Admin Services $1,724 36,841
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Marisa Steyn Group Technology: Graphic Designer $4,310 92,101
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Mzukisi Peacemaker Mnqayi Call Centre Operator $1,940 41,446
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Martha Phumela Johnson Call Centre Operator $1,940 41,446
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Peter Presto Fakude Business Dev. for Tagnet, Africa Region $31,061 663,690
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Raoul Delano Moses Software Technology Engineer $4,310 92,101
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Petrus S Mans de Beer Project Manager: Education $4,310 92,101
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Shirley Mazoko Receptionist $1,099 23,486
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
2
Vernon Reginal Philander Security & Logistic Services $4,685 100,114
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Veronique Isaacs Executive assistant in HR management info $2,155 46,051
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Charles Stephen Wilson Sales Consultant: refund of travel expenses $2,586 55,261
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Michael Rhea Bennett Project Manager: Internet solutions $8,621 184,203
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Henry Van Burean Jarrett JR Project Manager: Community development $8,621 184,203
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Johannes Clausen Managing Director, Tagnet $41,379 862,069
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Francesco Maccioni Infrastructure Development & Operations $41,379 862,069
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Joshua Neale Wolcott MXDY Global Operations, CFO MXDY $41,379 862,069
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Eric Majors CEO MXDY $41,379 862,069
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Troy Lynette Office Manager: Denver Operations $10,776 230,253
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
Tom Richfield Business Dev. for MXDY, USA Region $28,966 750,000
TOTAL 8,963,793
- ------------------------------------------ ----------------------------------------------------- ----------- -------------
The services for which these shares are being issued are not in connection with
any offer or sale of securities in a capital raising transaction and do not
directly or indirectly promote or maintain a market for the securities of the
Registrant.
ITEM 2. REGISTRANT INFORMATION AND EMPLOYEE PLAN INFORMATION.
The participants shall be provided a written statement notifying them that upon
written or oral request they will be provided, without charge, (i) the documents
incorporated by reference in Item 3 of Part II of this registration statement,
and (ii) other documents required to be delivered pursuant to Rule 428(b). The
statement will inform the participants that these documents are incorporated by
reference in the Section 10(a) prospectus, and shall include the address (giving
title or department) and telephone number to which the request is to be
directed.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.
We incorporate the following documents by reference in this Registration
Statement:
(a) Our latest Quarterly Report on Form 10-QSB for the period ended
September 30, 2004, filed with the Securities and Exchange Commission on
December 3, 2004 and our latest Annual Report on Form 10-KSB for the year ended
December 31, 2004 filed with the Securities and Exchange Commission on April 19,
2004; and
(b) All other documents filed by the company after the date of this
Registration Statement pursuant to Sections 13(a), 13(c), 14 and 15(d) of the
Exchange Act, prior to the filing of a post-effective amendment to this
Registration Statement which de-registers all securities then remaining unsold,
shall be deemed to be incorporated by reference in this Registration Statement
and to be a part hereof from the date of filing such documents.
ITEM 4. DESCRIPTION OF SECURITIES.
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Not applicable.
ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.
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Not applicable.
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ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.
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Our Bylaws and the Colorado Business Corporation Act provide for indemnification
of directors and officers against certain liabilities. Pursuant to our Bylaws,
our officers and directors are indemnified, to the fullest extent available
under Colorado law, against expenses actually and reasonably incurred in
connection with threatened, pending or completed proceedings, whether civil,
criminal or administrative, to which an officer or director is, was or is
threatened to be made a party by reason of the fact that he or she is or was one
of our officers, directors, employees or agents. We may advance expenses in
connection with defending any such proceeding, provided the indemnitee
undertakes to repay any such amounts if it is later determined that he or she
was not entitled to be indemnified by us.
Insofar as indemnification for liabilities arising under the Securities Act of
1933 may be permitted to our directors, officers and controlling persons
pursuant to the foregoing provisions, or otherwise, we have been advised that in
the opinion of the Securities and Exchange Commission such indemnification is
against public policy as expressed in the Act, and is, therefore, unenforceable.
ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.
- --------------------------------------------
Not applicable.
ITEM 8. EXHIBITS.
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3.1 Articles of Incorporation*
3.2 Bylaws*
3.2.1 Articles of Amendment to Articles of Incorporation*
4.1 Consulting Agreement with Carla Stephanie Sharpe, Victor Angel, Keenan
Lewis, Nadeem Adonis, Sakhumzi Gawushe, Ernesto Angel, Andrew Shaun
Bremer, Cindy Louise Ashley, Bronwin Murray, Craig John Ogilvy, Nomonde
Felicia Zondani, Gert du Toit, Gregg Phillip Branquinho, Gregory Allum,
Johannes Mathys van Loggerenberg, Giovanni Carlo Fantozzi, Leane van
Loggerenberg, Lee Jason Glanville, Liesl Clarke, Marisa Steyn, Mzukisi
Peacemaker Mnqayi, Martha Phumela Johnson, Peter Presto Fakude, Raoul
Delano Moses, Petrus Stephanus Mans de Beer, Shirley Mazoko, Vernon
Reginal Philander, Veronique Isaacs, T'Christopher Gardner, Charles
Stephen Wilson, Michael Rhea Bennett, Henry Van Burean Jarrett JR, Rina
Broomberg, Francois Fehrsen, Chris Roed, Johannes Clausen, Francesco
Maccioni, Joshua Neale Wolcott, Troy Lynette and Tom Richfield
4.2 Consulting Agreement with Eric Majors
5 Opinion of AGMB LLP
23.1 Consent of AGMB LLP**
23.2 Consent of Cordovano & Harvey, P.C.
* Previously filed as exhibits to Registration Statement on Form SB-2 filed on
February 25, 2002.
** Contained in its opinion filed as Exhibit 5 to this Registration Statement.
ITEM 9. UNDERTAKINGS.
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The undersigned registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being made, a post-
effective amendment to this registration statement:
(i) to include any prospectus required by Section 10(a)(3) of the
Securities Act;
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(ii) to specify in the prospectus any facts or events occurring after
the effective date of this Registration Statement (or the most recent
post-effective amendment thereof) which, individually or in the aggregate,
represent a fundamental change in the information specified in this Registration
Statement. Notwithstanding the foregoing, any increase or decrease in volume of
securities offered (if the total dollar value of the securities offered would
not exceed that which was registered) and any deviation from the low or high end
of the estimated maximum offering range may be specified in the form of
prospectus filed with the Securities and Exchange Commission pursuant to Rule
424(b) (Section 230.424(b) of this chapter) if, in the aggregate, the changes in
volume and price represent no more than a 20% change in the maximum aggregate
offering price set forth in the "Calculation of Registration Fee" table in the
effective registration statement; provided, however, that paragraphs (1)(i) and
(1)(ii) shall not apply if the information required to be included in a
post-effective amendment by those clauses is specified in periodic reports filed
by the Company pursuant to the provisions of Section 13 or Section 15(d) of the
Exchange Act that are incorporated by reference in this Registration Statement;
(iii) to include any material information with respect to the plan of
distribution not previously disclosed in this Registration Statement or any
material change to such information in this Registration Statement.
(2) That, for the purpose of determining any liability pursuant to the
Securities Act, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities offered at that time shall be deemed to be the
initial bona fide offering thereof.
(3) To remove from registration by means of a post-effective amendment any of
the securities being registered which remain unsold at the termination of the
offering.
The company hereby undertakes that, for purposes of determining any liability
pursuant to the Securities Act, each filing of the company's annual report
pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable,
each filing of an employee benefit plan's annual report pursuant to Section
15(d) of the Exchange Act) that is incorporated by reference in the registration
statement shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time
shall be deemed to be the initial bona fide offering thereof.
Insofar as indemnification for liabilities arising pursuant to the Securities
Act may be permitted to directors, officers and controlling persons of the
company pursuant to the foregoing provisions, or otherwise, the company has been
informed that in the opinion of the Securities and Exchange Commission such
indemnification is against public policy as expressed in the Securities Act and
is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the company in the
successful defense of any action, suit or proceeding) is asserted by such
director, officer or controlling person in connection with the securities being
registered, the company will, unless in the opinion of its counsel that matter
has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by the company is against
public policy as expressed in the Securities Act and will be governed by the
final adjudication of such issue.
5
POWER OF ATTORNEY
The company, as the registrant hereunder, and each person whose signature
appears below, hereby appoints Eric Majors as attorney-in-fact, with full power
of substitution, to execute, in the name and on behalf of the company and on
behalf of each person, individually and in each capacity stated below, one or
more post-effective amendments to this Registration Statement as the
attorney-in-fact, and to file any such post-effective amendments to this
Registration Statement with the Securities and Exchange Commission.
SIGNATURES
Pursuant to the requirements of the Securities Act, the company certifies it has
reasonable grounds to believe that the company satisfies all of the requirements
for filing on Form S-8 and has duly caused this Registration Statement to be
signed on its behalf by the undersigned, thereunto duly authorized, in the City
of Cape Town, South Africa, on this 8th day of December 2004.
MAXIMUM DYNAMICS, INC.,
a Colorado corporation
/s/ Eric Majors
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Eric Majors
President, Chief Executive Officer and
Director
Pursuant to the requirements of the Securities Act of 1933, this Registration
Statement has been signed by the following persons in the capacities indicated
on December 8, 2004 who are the directors of the Registrant's board of
directors and who shall administer and enforce the Consulting Agreement with the
above named individuals.
/s/ Eric Majors
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Eric Majors
President, Chief Executive Officer and
Director
/s/ Joshua Wolcott
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Joshua Wolcott
Chief Financial Officer and
Director
/s/ Paul Stabnow
- -----------------------------------------------
Paul Stabnow
Chief Technical Officer and
Director