UNITED STATESSECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-KCURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest reported) January 7, 2002
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Adatom.com, Inc.
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(Exact name of registrant as specified in its chapter)
Delaware0-22967 43-17719999
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(State or other jurisdiction (Commission (IRS Employer
of incorporation File Number) Identification No.)
1156 Shadow Hill Way
Beverly Hills, CA90210
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (310) 274-9467
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9800 S. Sepulveda Blvd., Suite 625
Los Angeles, CA90049
(Former name or former address, if changed since last report)
ITEM 1. CHANGES IN CONTROL OF REGISTRANT.
Under the Stock Exchange Agreement (the "Exchange Agreement") between
Adatom.com Inc., a Delaware corporation, ("Adatom") and The International
Monetary Reserve, a foreign corporation, ("IMR") dated as of January 7, 2002, a
change in control of Adatom will occur at closing on January 31, 2002. Under the
Exchange Agreement, Adatom will issue a total of 25,000,000 restricted shares of
its $0.01 par value common stock in exchange for 10,000 shares of common stock
of Global Reserve Corp. held by IMR. As a result, IMR will own 57% voting
control of Adatom at closing.
On January 1, 2002, Elvira Gamboa, President of IMR, was appointed to
the company's board of directors and as President of Adatom.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
As a result of the Exchange Agreement described above, following the
closing on January 31, 2002, IMR will acquire 25,000,000 shares of Adatom or 57%
of the issued and outstanding shares, representing control of the assets owned
by the registrant.
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On January 7, 2002, Stefanou & Company LLP ("Stefanou") resigned as
Adatom's independent auditors. Stefanou was engaged to issue a report on
Adatom's balance sheet as of December 31, 2000 and the related statements of
operations, stockholders' deficiency and cash flows for the year then ended.
This audit was never completed.
There were no disagreements with Stefanou on any matter of accounting
principles or practices, financial statement disclosure or auditing scope or
procedure during the period from December 31, 2000 to the date of their
dismissal.
On January 12, 2002, the board of directors of Adatom voted to engage
the accounting firm of Tax & Accounting 2010 located at 2340 Plaza del Amo,
Suite 215, Torrance, California90501 to perform its annual audit for the year
ended December 31, 2000 and December 31, 2001. Prior to that date, Adatom did
not consult with Tax & Accounting 2010 regarding any accounting matters.
ITEM 5. OTHER EVENTS
As a result of the change of control transaction set forth in Item 1,
Adatom engaged a new attorney and transfer agent. Adatom's new attorney is Kevin
Quinn located at 122 Ocean Park Boulevard, Suite 411, Santa Monica, California90405. Adatom's transfer agent is First Global Stock Transfer located at 2431
Pech Center Court, Suite No. 106, Las Vegas, Nevada89128, where its telephone
number is (702) 656-4919.
ITEM 7. EXHIBITS.Exhibit 10.1 Stock Exchange Agreement
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 on January 24, 2002.
Adatom.com Inc.
/s/ Gordon Lee
Name: Gordon Lee
Title: President
