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: January 31, 2003
Accesspoint Corporation
(Exact name of registrant as specified in its charter)
Nevada 000-29217 95-4721385
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
6171 W. Century Blvd. Suite 200 LA, CA 90045
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (310) 846-2500
Not Applicable
(Former name or former address, if changed since last report.)
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Item 1. Changes in Control of Registrant
None.
Item 2. Acquisition or Disposition of Assets
None.
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Item 3. Bankruptcy or Receivership
None.
Item 4. Changes in Accountants
None.
Item 5. Other Events and Regulation FD Disclosure
In the meeting of the Board of Directors of the registrant on Tuesday
January 28, 2003, a committee was formed to explore the feasibility of
acquiring Merchants Billing Services, Inc. Merchants Billing Services is an
independent sales and service organization for the registrant, and acquires
merchants for processing through the registrant's credit card processing
platform. Merchants Billing Services is currently under contract to provide
underwriting, administrative, customer support and technical support
services to the Processing Source International subsidiary of the
registrant. The committee is comprised of the Chairman of the Board Mr.
Gene Valentine, Mr. Joe Byers and Mr. Michael Savage. Mr. William Barber is
the controlling shareholder of Merchants Billing Services, Inc. and serves
on its Board of Directors. Mr. Barber is the Chief Executive Officer of the
registrant and serves on its Board of Directors. Terms, conditions and
timing have not been discussed. No negotiations have taken place as of this
date.
Item 6. Resignation of Directors
None.
Item 7. Financial Statements Pro Forma Financial & Exhibits
None.
Item 8. Changes In Fiscal Year
None.
Item 9. Regulation FD Disclosures
See Items 1, 5 and 6, above.
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 thereunto duly authorized.
Date: January 31, 2003 Accesspoint corporation
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By:
/s/ William Barber
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William Barber
President
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