Internet America Inc. (fka GEEK)

[tehp1]

Item 8.01 Other Events.

On June 25, 2015, pursuant to the Company’s plan of liquidation, the Company completed the first distribution by the Company to its shareholders of substantially all proceeds from the previously reported and completed sale of substantially all of its operating assets (other than those amounts currently held in escrow which shall be distributed when those funds are released) and from cash in the bank in an amount equal to $0.68 per share of the Company’s common stock (the “First Asset Sale Distribution”). The company will continue with it’s plan of liquidation and other possible distributions, and a copy of the Plan of Liquidation filed as Exhibit 2.2 to, the Company’s Current Report on Form 8-K, filed with SEC on June 16, 2015, and as incorporated herein by reference.

http://www.sec.gov/Archives/edgar/data/1001279/000114420415039295/v414144_8k.htm