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): October 17, 2003
Commission File No. 0-29935
20/20 NETWORKS, INC.
(Exact name of Registrant as specified in its charter)
Nevada, USA 33-0677140
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(State of Incorporation) (IRS Employer Identification No.)
20700 Ventura Blvd. Suite 227, Woodland Hills CA 91364
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(Address of principal executive offices)(Zip Code)
Company's telephone number, including area code: (818) 227-9494
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ITEM 1. Changes in Control of Registrant
On October 17, 2003, 20/20 Networks, Inc. (the "Company") terminated an
agreement with E-Z Arch, LLC due to non-performance and canceled the shares
issued to E-Z as part of this proposed transaction. The Board of Directors
removed Edward Gallagher as president and appointed Charles Smith as interim
president. Subsequently, shareholder consent was obtained and Mr. Gallagher and
Werner Grieder were removed as directors and the Board size was reduced to three
directors.
ITEM 2. Acquisition or Disposition of Assets.
See discussion above in Item 1.
ITEM 6. Resignations of Registrant's Directors.
As part of the proposed acquisition of EZA, two new directors were appointed as
the Board was increased to five. On October 20, 2003, these two directors were
removed and the board size reduced back to three directors.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the Registrant has duly caused this Report to be signed on its behalf by
the undersigned hereunto duly authorized.
October 21, 2003 20/20 Networks, Inc.
/s/ Charles Smith, President
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Charles Smith, President