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Re: None

Tuesday, 09/03/2002 10:11:16 PM

Tuesday, September 03, 2002 10:11:16 PM

Post# of 11
8k Filed today, this paves the way for a PR I bet:

CMXS -- Cormax Business Solutions, Inc.
Com ($0.0001)

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest reported) August 26,2002

CORMAX BUSINESS SOLUTIONS INC.

(Exact name of registrant as specified in its chapter)

UTAH 000-11424 84-0959153
----------------------------- ----------- -------------------
(State or other jurisdiction (Commission (IRS Employer of incorporation)
incorporation File Number) Identification No.)


Suite 250, 708 11th Avenue SW, Calgary, Alberta T2R 0E4
---------------------------------------------- -----------
(Address of principal executive offices) (Postal Code)



Registrant's telephone number, including area code (403) 241-6391




ITEM 1. CHANGES IN CONTROL OF REGISTRANT

August 13, 2002 The Board of Directors has elected to repurchase Todd Violette's Class A
Preferred and
all common stock related to the Convertible Preferred under the terms outlined in the December 26,
2001
8-K. Mr. Violette has returned 100,000,000 million shares of common stock back to the treasury of
Cormax and holds only the 1,000,000 shares of Convertible Preferred. The Board expects to
complete the
repurchase October 31, 2002. Total outstanding in common stock will be 87,341,296 and 1,000,000
Preferred shares after the repurchase.


ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS

August 22, 2002 Cormax entered into a Share Purchase Agreement with Ingenuity Marketing (2000)
whereas Ingenuity Marketing (2000) has agreed to purchase 1,000,000 share of Class A Convertible
Preferred from Cormax in return for a.) Obtaining a three million dollar underwriting commitment b.)
Completing the acquisition of Identification Technologies Inc., and Alberta Company known as
Identex
www.identex.net c.) Pledge to obtain $8,000,000 dollars in revenue within twenty-four months of this
agreement. Closing is scheduled for October 31, 2002. Upon Closing Ingenuity Marketing will
become the
Majority shareholder of the company. The Majority shareholder of Ingenuity Marketing (2000) is Peter
Leeuwerke.


ITEM 3. BANKRUPTCY OR RECEIVERSHIP

None


ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT

None


ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE


ITEM 6. RESIGNATION OF REGISTRAR'S DIRECTORS

None


ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

(a) Not Applicable

It is impractical to provide the required audited financial statements and pro forma financial
information at the
time of the filing of this report. The required financial information will be filed within the time
prescribed by
Rule S-X.

(b) Not Applicable


(c) EXHIBITS

10.1 Share Purchase Agreement between Cormax Business Solutions, Inc. and Ingenuity Marketing

ITEM 8. CHANGE IN FISCAL YEAR

None


ITEM 9. REGULATION FD DISCLOSURE

None


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 hereunto duly authorized.

CORMAX BUSINESS SOLUTIONS INC.
(Registrant)


/s/ Todd Violette
Date 8/27/02 ------------------------------------
Todd Violette, President/CEO

With trading you must conquer your emotions and be very disciplined about your goals.

With trading you must conquer your emotions and be very disciplined about your goals.

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