Along Mobile Technologies Inc – ‘8-K’ for 8/31/00

On:  Wednesday, 4/11/01, at 6:38pm ET   ·   As of:  4/12/01   ·   For:  8/31/00   ·   Accession #:  725752-1-500008   ·   File #:  0-12423

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Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                         2±    14K 

Document Table of Contents

FORM 8-K                                                                        

CURRENT REPORT                                                                  

FISCAL YEAR ENDING AUGUST 31, 2000                                              

ALLIED ARTISTS ENTERTAINMENT GROUP INC.                                         
(Exact name of Registrant as specified in its charter)                          
Nevada                  0-212423            942906927           
(State of Incorporation) (Commission File Number) (U.S. Employer ID Number)     

1801 Avenue of the Stars, Suite 600, Los Angeles, CA    90067   
(Address of principal executive offices)        (Zip Code)      

Registrant's Telephone Number, including Area Code: (310) 589-0466              

ITEM 1: Changes in Control of Registrant:                                       
N/A                                                             
ITEM 2: Acquisition or Disposition of Assets:                                   
N/A                                                             
ITEM 3: Legal Proceedings - Bankruptcy or Receivership:                         

There are no legal, bankruptcy and/or receivership proceedings. However,        
the Company is in the process of bringing the appropriate legal action          
against the former owner of Allied Entertainment Group, Inc. The Company        
has recently learned that it has been defrauded by K. Dean Richards. Richards   
led The Company to believe that it was acquiring the 90 year old company        
known as Allied Artists, when in fact Richards formed a Delaware company        
"Allied Entertainment Group" and falsely stated that it owned the 90 year       
old Allied Artists when in fact the Delaware Allied Entertainment Group         
was only a shell. Believing in the representations of Richards, The Company     
invested $600,000 in Allied Entertainment Group under the management of         
Richards. One of the reasons that The Company believed the representations      
of Richards is due to the fact that Richards was and or is the Chairman         
surviving Allied Artists of the 90 year old Allied Artists. The Company         
is preparing to sue Richards for specific performance, fraud, libel,            
slander, control of alliedartists.com, and other possible causes of actions.    
The company will launch its own web site in order to capitalize on the name     
of Allied Artists that it did acquire from Richards. Richards is now claiming   
that the Delaware corporation Allied Entertainment Group is really owned by     
Allied Artists International, a Nevada corporation. However, Nevada records     
reveal that Allied Artists International was only formed on September 14,       
2000 a date long after The Company had already purchased Allied Entertainment   
Group. Further to Richards attempt to cancel the sell of Allied Entertainment   
Group to the Company, on October 17, 2000 he caused Daniel Ramos to form        
Allied Artists Entertainment Group as a California corporation exactly copying  
the Company's new legal name.                                                   

Note                                                                            

ITEM 4:  Change in Registrant's Certifying Accountant:                          

    The accounting firm representing the Company shall continue to be:

Andrew M. Smith CPA                                           
3711 Long Beach Blvd, Suite 809                               
Long Beach, Ca 90807                                          

ITEM 5:  Other Events                                                           

ITEM 6:  Registrant Directors and Officers                                      

The Company is in the process of appointing a new president   

ITEM 7:  Market for the Registrant's Common Equity and Related Shareholder      
Matter:                                                       

The quotes below are from the OTC Bulletin Board, These numbers represent an    
average. The Company's stock was thinly traded in fiscal year ended.            

High    Low                                       
BID           $3.00    $.0625                                                   
ASK           $3.50    $.25                                                     

1)      As of August 31., 2000, the Company had approximately 1560 shareholders 
of record.                                                      
2)      The Company has not declared any cash dividends on its common stock.    

BUSINESS                                                                        

The Company's television division has signed a production and distribution deal 
with Apple Juice Productions, which has just completed a pilot for Kings Pawn,  
a comedy series. Several other series are currently in production, and will be  
announced at a later time.                                                      

Financial Statements and Supplementary Data:                                    

The Company filed its audited financial statements for the year ending          
August 31, 2000 with the Securities and Exchange Commission. The Company        
will amend its 10-K to decrease the value of its investment in Allied           
Entertainment Group.                                                            

SIGNATURES:                                                                     

Pursuant to the requirements of Section 13 or 15(d), 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.                            

ALLIED ARTISTS ENTERTAINMENT GROUP, INC.                                        

_____________________________L/S                                                
James Watkins, Corporate Secretary                                              
Dated April 3, 2001                                                             

3                                                                               

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing		Date		Other Filings
Filed as of:		4/12/01
Filed on:		4/11/01
		4/3/01
		10/17/00
		9/14/00
For Period End:		8/31/00		10-K
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