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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM S-8
REGISTRATION STATEMENT UNDER
THE SECURITIES ACT OF 1933
POWDER RIVER BASIN GAS CORP.
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(Exact name of registrant as specified in its charter)
Colorado 84-1521645
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(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
P.O. Box 7500
Dallas, TX 75209
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(Address of Principal Executive Office) (Zip Code)
Commission File No.: 000-31945
Various Compensation Plans
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(Full title of the plan)
Gregory C. Smith, President
P.O. Box 7500
Dallas, TX 75209
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(Name and address of agent for service)
(214) 526-5678
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(Telephone number, including area code, of agent for service)
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CALCULATION OF REGISTRATION FEE
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Proposed Proposed
Title of Amount Maximum Maximum Amount of
Securities to to be Offering Price Aggregate Registration
Be Registered Registered Per Share (1) Offering Price (1) Fee
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Common Stock, 5,200,000 $0.045 $234,000 $61.78
par value $.0001
per share
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(1) Estimated solely for the purpose of calculating the amount of the
registration fee pursuant to Rule 457, based on the closing price of the Common
Stock, as reported by the OTC Bulletin Board, on February 7, 2003.
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EXPLANATORY NOTE
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In accordance with the instructional Note to Part 1 of Form S-8 as promulgated
by the Securities and Exchange Commission, the information specified by Part 1
of Form S-8 has been omitted from this Registration Statement on Form S-8 for
offers of Common Stock pursuant to the Plan.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE.
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The following documents previously filed with the Commission pursuant to
the 1934 Act are hereby incorporated in this prospectus by reference:
1. Powder River Basin Gas Corp.'s Annual Report on Form 10-K for the
year ended December 31, 2001;
2. Powder River Basin Gas Corp.'s Quarterly Report on Form 10-QSB for
the quarter ended September 30, 2002; and
3. All reports filed by Registrant pursuant to Section 13(a) or 15(d)
of the Exchange Act since November 14, 2000.
All documents filed by Powder River Basin Gas Corp., pursuant to Section
13(a), 13(c), 14 or 15(d) of the 1934 Act subsequent to the date of this
prospectus and prior to the termination of this offering, shall be deemed to be
incorporated by reference into this prospectus. Any information incorporated by
reference shall be modified or superseded by any information contained in this
prospectus or in any other document filed later with the Commission, which
modifies or supersedes such information. Any information that is modified or
superseded shall become a part of this prospectus as the information has been so
modified or superseded.
We will provide without charge to each person to whom a prospectus is
delivered, upon written or oral request of such person, a copy of any and all of
the information that has been incorporated by reference in this prospectus
(excluding exhibits unless such exhibits are specifically incorporated by
reference into such documents). Please direct such requests to Gregory C. Smith,
P.O. Box 7500 Dallas, TX 75209 at (214) 526-5678.
All documents filed by the Company with the Commission pursuant to Sections
13(a), 13(c), 14 or 15(d) of the Exchange Act after the date of this
Registration Statement and prior to the time a post-effective amendment which
indicates that the securities offered hereby have been sold or which deregisters
all securities then remaining unsold, shall be deemed to be incorporated by
reference into this Registration Statement and to be a part hereof from the date
of filing of such documents.
Any statement contained in any document incorporated or deemed to be
incorporated by reference herein shall be deemed to be modified or superseded
for purposes of this Registration Statement to the extent that a statement
contained herein or in any other subsequently filed document which also is or is
deemed to be incorporated by reference herein modifies or supersedes such
statement. Any such statement so modified or superseded shall not be deemed,
except as modified or superseded, to constitute a part of this Registration
Statement.
ITEM 4. DESCRIPTION OF SECURITIES
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Not applicable.
ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL
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None
ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.
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The Corporation Laws of the State of Colorado and Powder River Basin Gas Corp.'s
Bylaws provide for indemnification of 2-Infinity.com's Directors for liabilities
and expenses that they may incur in such capacities. In general, Directors and
Officers are indemnified with respect to actions taken in good faith in a manner
reasonably believed to be in, or not opposed to, the best interests of
2-Infinity.com, and with respect to any criminal action or proceeding, actions
that the indemnitee had no reasonable cause to believe were unlawful.
Furthermore, the personal liability of the Directors is limited as provided in
Powder River Basin Gas Corp.'s Articles of Incorporation.
ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.
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Not applicable
ITEM 8. EXHIBITS.
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3.1 Articles of Incorporation of the Company, as amended (1)
3.2 By-laws of the Company, as amended (1)
5.1 Opinion of Michael S. Krome, P.C. (2)
23.1 Consent of Chisholm & Associates, CPA's, Independent Auditor (2)
24.1 Consent of Michael S. Krome, P.C.(included in Exhibit 5.1)
(1) Incorporated by reference from the Company's Amended Report on Form 10-KSB,
filed with the Commission on November 14, 2000, and as amended thereafter,
and incorporated herein by reference.
(2) Filed herewith
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ITEM 9. UNDERTAKINGS.
The undersigned, the Company, hereby undertakes:
(a)(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 of 1933 (the "Securities Act");
(ii) To reflect in the prospectus any facts or events arising
after the effective date of the registration statement (or the most recent
post-effective amendment thereof) which, individually or in the aggregate,
represents a fundamental change in the information set forth in the registration
statement;
(iii) To include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any
material change to such information in the registration statement.
PROVIDED, HOWEVER, that paragraphs (a)(1)(i) and (a)(1)(ii) do not
apply if the information required to be included in a post-effective amendment
by those paragraphs is contained in periodic reports filed by the Company
pursuant to Section 13 or Section 15(d) of the Exchange Act that are
incorporated by reference in the registration statement.
(2) That, for the purpose of determining any liability under 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 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.
(b) The undersigned the Company hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the Company's
annual report pursuant to Section 13(a) or Section 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.
(c) Insofar as indemnification for liabilities arising under 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
advised that in the opinion of the Securities and Exchange Commission such
indemnification is against pubic policy as expressed in the Act and is,
therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the Company of expenses incurred or
paid by a director, officer or controlling person of 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 the matter
has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public
policy as expressed in the Securities Act and will be governed by the final
adjudication of such issue.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Company
certifies that it has reasonable grounds to believe that it meets 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, hereunto duly
authorized, in City of Dallas, State of Texas on February 10, 2003.
Powder River Basin Gas Corp.
By: /s/ Gregory C. Smith
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Gregory C. Smith
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below
constitutes and appoints Gregory C. Smith, his attorney-in-fact and agent, with
full power of substitution, for him and in his name, place and stead, in any and
all capacities, to sign any or all amendments to this Registration Statement,
and to file the same, with all exhibits thereto, and other documents in
connection therewith, with the Securities and Exchange Commission, granting unto
said attorney-in-fact and agent full power and authority to do and perform each
and every act and thing requisite and necessary to be done in and about the
premises, as fully to all intents and purposes as he might or could do in
person, hereby ratifying and confirming all that said attorney-in-fact and
agent, or his substitute or substitutes, may lawfully do or cause to be done by
virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed below by the following persons in the
capacities and on the date indicated:
Signature Title Date
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(1) Principal Executives
/s/ Gregory C. Smith President, CEO February 10, 2003
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Gregory C. Smith
(2) Directors
/s/ Gregory C. Smith Sole Director February 10, 2003
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Gregory C. Smith
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EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION
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3.3 Articles of Incorporation of the Company, as amended (1)
3.4 By-laws of the Company, as amended (1)
5.2 Opinion of Michael S. Krome, P.C. (2)
23.1 Consent of Chisholm & Associates, CPA's, Independent Auditor (2)
24.2 Consent of Michael S. Krome, P.C.(included in Exhibit 5.1)
(3) Incorporated by reference from the Company's Amended Report on Form
10-KSB, filed with the Commission on November 14, 2000, and as amended
thereafter, and incorporated herein by reference.
Filed herewith
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