UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
____________________________________________________
FORM 8-K/A
AMENDMENT NO. 1
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 10, 2004
AMERICAN COMMERCE SOLUTIONS, INC.
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation or organization)
33-98682 05-0460102
(Commission File Number) (IRS Employer Identification No.)
1400 CHAMBER DRIVE, BARTOW, FLORIDA 33830
(principal executive offices) (Zip Code)
(863) 533-0326
(Registrant's telephone number, including area code)
ITEM 1.02. TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT.
On September 10, 2004, American Commerce Solutions, Inc. (the "Registrant")
and Blue Flame Enterprises, Inc. agreed to rescind the acquisition of Crystal
Clear Entertainment, Inc. and its subsidiary, Elite Distribution, Inc. by the
Registrant, which was previously reported in Registrant's Current Report on Form
8-K, filed with the Commission on June 10, 2004. The planned acquisition of
Crystal Clear Entertainment, Inc. and Elite Distribution, Inc. by the Registrant
(the "Acquisition") was rescinded by means of an agreement between the parties
due to the prohibitively high costs of the anticipated raise of capital. The
Acquisition was rescinded effective August 14, 2004. The Registrant incurred no
termination penalties as a result of the rescission of the Acquisition.
ITEM 9.01. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) Financial Statements.
----------------------
None.
(b) Exhibits.
--------
None.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Current Report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: September 14, 2004
AMERICAN COMMERCE SOLUTIONS, INC.
By /s/ Daniel L. Hefner
------------------------------------
Daniel L. Hefner, President