As filed with the Securities and Exchange Commission on March 26, 2002
Registration No. 333-62236
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Post-Effective Amendment No.1
To
FORM SB-2
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
Telecom Communications Inc.
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(Name of small business issuer in its charter)
Indiana 4813 35-2089848
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(State or jurisdiction (Primary Standard Industrial (I.R.S. Employer
of incorporation or Classification Code Number) Identification No.)
organization)
827 S. Broadway, Los Angeles, CA 90014
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(Address and telephone number of principal executive offices)
827 S. Broadway, Los Angeles, CA 90014 (213) 489-3486
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(Address of principal place of business or intended principal place of
business)
Mr. Tak Hiromoto, 827 S. Broadway, Los Angeles, CA 90014, (213) 489-3486
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(Name, address, and telephone number of agent for service)
Approximate date of proposed sale to the public: As soon as practicable
after the effective date of the registration statement and date of the
prospectus.
If any of the securities being registered on this Form are to be offered on
a delayed or continuous basis pursuant to Rule 415 of the Securities Act of
1933, check the following box: [X]
If this form is filed to register additional securities for an offering
pursuant to Rule 462(b) under the Securities Act, check the following box and
list the Securities Act registration statement number of the earlier effective
registration statement for the same offering. [ ]
If this form is a post-effective amendment filed pursuant to Rule 462(c)
under the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
for the same offering. [ ]
If this form is a post-effective amendment filed pursuant to Rule 462(d)
under the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
for the same offering. [ ]
If delivery of the prospectus is expected to be made pursuant to Rule 434,
check the following box. [ ]
DESCRIPTION OF ACTION
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Pursuant to Registration Statement No. 333-62236 on Form SB-2 as amended,
Telecom Communications, Inc. an Indiana corporation (the "Company"), registered
3,500,000 shares of its common stock which consisted of 1,000,000 shares of
common stock offered by selling security holders and 2,500,000 additional shares
of common stock to be offered by the Company through its officers and directors.
As of the date of this post-effective amendment, only 50,000 shares of common
stock have been sold by the Company to one unrelated investor yielding aggregate
offering proceeds of $25,000. The Company wishes to cancel the registration of
the remaining 2,450,000 shares of common stock pursuant to this registration
statement and close out the related offering of stock. The 1,000,000 shares of
common stock registered on behalf of selling security holders will remain
validly registered pursuant to Form SB-2 as filed with the Securities and
Exchange Commission on November 28, 2001. The proceeds from the sale of stock to
the one investor will be used as working capital for the corporation.
SIGNATURE PAGE FOLLOWS
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SIGNATURES
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Pursuant to the requirements of the Securities Act of 1933, the registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form SB-2 and has duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Los Angeles, State of California on this 26th day of
March, 2002.
TELECOM COMMUNICATIONS, INC.
Signature Title Date
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/s/ Tak Hiromoto Chairman of the Board, President, March 26, 2002
---------------- Chief Executive Officer, Director,
Tak Hiromoto Principal Accounting Officer
/s/ Elizabeth Hiromoto Treasurer and Director March 26, 2002
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Elizabeth Hiromoto