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: Novmeber 22, 2002 GLOBAL ASSETS AND SERVICES, INC. -------------------------------- (New name of registrant as specified in its charter) (successor registrant under Sec. 12(g)3 of the Securities Exchange Act of 1934) FLORIDA 33-41063-A 59-2960590 - ----------------- ------------- ------------------ (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No. incorporation post-merger) post-merger) 3816 W. Linebaugh Avenue, Suite 200, Tampa, FL 33624 ---------------------------------------------------------- (NEW ADDRESS) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (813) 960-0557 ITEM 1. CHANGES IN CONTROL OF REGISTRANT None. ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS None. ITEM 3. BANKRUPTCY OR RECEIVERSHIP None. ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT None. ITEM 5. OTHER EVENTS On October 25, 2002, Global Assets & Services entered into a Contract Agreement with GeoSystems, Inc., whereby GEO will provide to Global application development, sale and distribution services, on a 5 year exclusive basis, for C4 encryption products under Global's license, for Federal Goverment and commercial sectors. Global will provide either $500,000 or 400,000 shares of its restricted common stock to capitalize the effort. ITEM 6. RESIGNATION AND APPOINTMENT OF OFFICERS AND DIRECTORS None. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIALS, & EXHIBITS Financial Statements - None. Exhibits - 10.1 Contract 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 thereunto duly authorized. Date: November 22, 2002 GLOBAL ASSETS & SERVICES, INC. /s/Bertram Cutler --------------------------- Bertram Cutler, President