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) July 6, 2004
Internet Business's International, Inc.
(Exact name of registrant as specified in its charter)
Nevada 33-0845463
(State or other (IRS Employer
jurisdiction of incorporation) Identification No.)
2250 East Tropicana, Suite 19-309, Las Vegas, Nevada 89119
(Address of Principal Executive Offices)
Registrant's Telephone Number, Including Area Code: (775) 588-2387
None
(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS
Internet Business's International, Inc. (the "Company") expects to complete the
establishment of its creditor trust today, July 6, 2004.
Pursuant to the terms and conditions of the trust agreement, shares of the
Company's common stock will be transferred in trust to KFC LLC, which has
accepted the appointment as trustee.
The Internet Business's International, Inc. Creditor Trust has been established
to return the maximum amount to beneficiaries and to allow the Company to
continue to operate without interruption.
Following the submission of claims and validation of such claims, the trustee
will liquidate the trust property and distribute the proceeds to the trust
beneficiaries in a manner the trustee deems most beneficial.
A copy of the trust agreement is attached hereto as Exhibit 99.1.
ITEM 7. EXHIBITS
(c) Exhibits
Exhibit No. Description
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99.1 Internet Business's International, Inc. Creditor Trust
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following persons on behalf of the registrant and
in the capacities and on the dates indicated.
INTERNET BUSINESS'S INTERNATIONAL, INC.
Date: July 6, 2004 By /s/ Albert R. Reda
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Albert R. Reda
President