-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VakVDvZIVe1kQjWq6S79MDdW96imiOpteNQidD3PQ0XpUeq4Rx/2ahr7RhkHlK/n 0+MkAgM3xVkgUElhFHeZwg== 0000897101-96-000439.txt : 19960629 0000897101-96-000439.hdr.sgml : 19960629 ACCESSION NUMBER: 0000897101-96-000439 CONFORMED SUBMISSION TYPE: 10-K/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19960131 FILED AS OF DATE: 19960627 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: VALUEVISION INTERNATIONAL INC CENTRAL INDEX KEY: 0000870826 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] IRS NUMBER: 411673770 STATE OF INCORPORATION: MN FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 10-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-20243 FILM NUMBER: 96586798 BUSINESS ADDRESS: STREET 1: 6740 SHADY OAK RD CITY: EDEN PRAIRIE STATE: MN ZIP: 55344-3433 BUSINESS PHONE: 6129475200 MAIL ADDRESS: STREET 1: 6740 SHADY OAK RAOD CITY: EDEN PRAIRIE STATE: MN ZIP: 55344-3433 10-K/A 1 U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K/A No. 2 [X] ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED] For the fiscal year ended January 31, 1996 OR [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED] For the transition period from to Commission File No. 0-20243 ValueVision International, Inc. (Exact Name of Issuer in Its Charter) Minnesota 41-1673770 (State or Other Jurisdiction (I.R.S. Employer of Incorporation or Organization) Identification No.) 6740 Shady Oak Road, Minneapolis, MN 55344 - 3433 (Address of Principal Executive Offices) (Zip Code) 612-947-5200 (Issuer's Telephone Number, Including Area Code) Securities registered under Section 12(b) of the Exchange Act: None Securities registered under Section 12(g) of the Exchange Act: Common Stock, $0.01 par value Check whether the issuer: (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes _X_ No ___ Indicate by checkmark if disclosure of delinquent filers in response to Item 405 of Regulation S-K is not contained in this form, and will not be contained, to the best of the registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. [x] Issuer's revenues for its most recent fiscal year: $88,909,853. As of April 23, 1996, 29,371,748 shares of the Registrant's Common Stock (the "shares") were outstanding. The aggregate market value of the Common Stock held by non-affiliates of the registrant on such date, based upon the last sale price of the Common Stock as reported by Nasdaq on April 23, 1996, was approximately $198,950,000. For purposes of this computation, affiliates of the registrant are deemed only to be the registrant's executive officers and directors. DOCUMENTS INCORPORATED BY REFERENCE None VALUEVISION INTERNATIONAL, INC. ANNUAL REPORT ON FORM 10-K/A NO. 2 FOR THE FISCAL YEAR ENDED JANUARY 31, 1996 TABLE OF CONTENTS PART IV Page Item 14. Exhibits, Lists and Reports on Form 8-K 3 SIGNATURES PART IV ITEM 14. EXHIBITS, LISTS AND REPORTS ON FORM 8-K EXHIBIT INDEX a) Exhibits
Exhibit Number 3(a) __ Sixth Amended and Restated Articles of Incorporation, as amended.**** 3(b) __ Bylaws, as amended.**** 10(a) __ Form of Financing Agreement between the Registrant and Owner of affiliated LPT stations (I) for which construction permits have been applied for and (ii) for which the Company has an option to purchase.* 10(b) __ Form of Financing Agreement between the Registrant and Owner of affiliated LPTV stations (I) for which construction permits have been granted and (ii) for which the Company has an option to purchase.* 10(c) __ Form of Financing Agreement between the Registrant and Owner of affiliated LPTV stations (I) for which construction permits have been applied for and (ii) for which the Company has a right of first refusal to purchase.* 10(d) __ Form of Financing Agreement between the Registrant and Owner of affiliated LPTV stations (I) for which construction permits have been granted and (ii) for which the Company has a right of first refusal to purchase.* 10(e) __ Financing Agreement Summary.* 10(f) __ Amended 1990 Stock Option Plan of the Registrant.*+ 10(g) __ Telecommunications Terminal Site Access Agreement for Channel 7.* 10(h) __ Assumption of Telecommunications Terminal Site Access Agreement for Channel 7, letter dated June 26, 1990.* 10(I) __ Option Agreement between the Registrant and Steve Cunningham dated April 15, 1992.*+ 10(j) __ Option Agreement between the Registrant and Mark A. Payne dated as of January 5, 1993.*+ 10(k) __ Option Agreement between the Registrant and Steve Cunningham dated as of June 24, 1993.**+ 10(l) __ Option Agreement between the Registrant and Marshall Geller dated as of June 24, 1993.** 10(m) __ Option Agreement between the Registrant and Robert Korkowski dated as of June 24, 1993.** 10(n) __ Option Agreement between the Registrant and Edward Karr dated as of July 8, 1993.**+ 10(o) __ Option Agreement between the Registrant and Stephen P. Cunningham dated as of August 30, 1993.**+ 10(p) __ Option Agreement between the Registrant and Michael Jones dates as of August 30, 1993.**+ 10(q) __ Option Agreement between the Registrant and Mark A. Payne dated as of August 30, 1993.**+ 10(r) __ Employment Agreement between the Registrant and Edward Karr dated as of July 8, 1993.**+ 10(s) __ Employment Agreement between the Registrant and Michael Jones dated as of August 30, 1993.**+ 10(t) __ Employment Agreement between the Registrant and Robert Johander dated as of September 1, 1993.**+ 10(u) __ Employment Agreement between the Registrant and Nicholas Jaksich dated as of September 1, 1993.**+ 10(v) __ Short Form Agreement between the Registrant and Continental Cablevision dated as of July 1, 1993.** 10(w) __ Short Form Agreement between the Registrant and Newhouse Broadcasting Corporation dated as of August 31, 1993.** 10(x) __ Transponder Lease Agreement between the Registrant and Hughes Communications Galaxy, Inc. dated as of July 23, 1993 as supplemented by letters dated as of July 23, 1993.** 10(y) __ Transponder Service Agreement between the Registrant and Hughes Communications Satellite Services, Inc.** 10(z) __ Option Agreement between the Registrant and Stuart R. Romenesko dated March 31, 1994.***+ 10(aa) __ Civil Complaint filed against Registrant by Bruce Efron in the United States District Court for the District of Minnesota-Third Division.*** 10(bb) __ Complaint filed against Registrant by National Media Corporation and John J. Turchi, Jr.*** 10(cc) __ Asset Purchase Agreement between Registrant and Pray, Inc. dated October 31, 1993.*** 10(dd) __ Lease Agreement between Registrant and Eldred Thomas dated as of March 28, 1994.*** 10(ee) __ Asset Purchase Agreement between Registrant and Group One Broadcasting Limited Partnership dated November 23, 1993.*** 10(ff) __ Stock and Asset Purchase Agreement Amending and Restating Stock Purchase Agreement between Registrant and National Capital Christian Broadcasting, Inc. and WTII, Inc.*** 10(gg) __ Convertible Secured Debenture between the Registrant and Capital Television Network, Inc. dated March 28, 1994.*** 10(hh) __ Asset Purchase Agreement between the Registrant and White Sage Broadcasting Company dated April 19, 1994.*** 10(ii) __ Asset purchase agreement between Registrant and Bridgeways Communications Corporation.**** 10(jj) __ Option Agreement between the Registrant and Gary Kazmer dated as of June 7, 1994.****+ 10(kk) __ Option Agreement between the Registrant and Arthur Laffer dated as of June 16, 1994.**** 10(ll) __ Industrial Space Lease Agreement between Registrant and Shady Oak Partners dated August 31, 1994.**** 10(mm) __ Letter of Intent/Agreement in Principle between the Registrant and Montgomery Ward & Co., Incorporated dated December 4, 1994.***** 10(nn) __ Option Agreement between the Registrant and Mark A. Payne dated as of March 14, 1995+ 10(oo) __ Option Agreement between the Registrant and Stuart R. Romenesko dated May 1, 1995.+ 10(pp) __ Option Agreement between the Registrant and Gary Kazmer dated June 1, 1995.+ 10(qq) __ Option Agreement between the Registrant and Marshall Geller dated August 8, 1995.+ 10(rr) __ Option Agreement between the Registrant and Robert Korkowski dated August 8, 1995.+ 10(ss) __ Option Agreement between the Registrant and Arthur Laffer dated August 8, 1995.+ 10(tt) __ Option Agreement between the Registrant and Edward Karr dated August 24, 1995.+ 10(uu) __ Employment Agreement between the Registrant and Scott Lindquist dated November 30, 1995.+ 10(vv) __ Employment Agreement between the Registrant and Edward Karr dated September 1, 1995.+ 10(ww) __ Option Agreement between the Registrant and Dominic Mangone dated November 15, 1995.+ 10(xx) __ Option Agreement between the Registrant and Scott Lindquist dated November 10, 1995.+ 10(yy) __ Option Agreement between the Registrant and Stuart R. Romenesko dated January 5, 1996.+ 10(zz) __ Option Agreement between the Registrant and Scott Lindquist dated January 5, 1996.+ 10(aaa) __ Asset Sale Agreement between Registrant and Paxson Communications Corp. dated as of August 23, 1995.****** 10(bbb) __ Asset Purchase Agreement between the Registrant and NW TV, Inc. dated September 27, 1995.****** 10(ccc) __ Agreement and Mutual Release between the Registrant and National Capital Christian Broadcasting, Inc. and Capital Television Network, Inc. dated April 11, 1996.****** 21 __ Subsidiaries of the Registrant.****** 24(d) __ Consent of Arthur Andersen LLP.
- ------------------------------- * Incorporated herein by reference to Registration Statement No. 33-38374 and Form S-1, as amended on Form SB-2. ** Incorporated herein by reference to Registration Statement No. 33-70256 on Form S-3, as amended. *** Incorporated herein by reference to the Company's Form 10-K/A, as amended for the year ended January 31, 1994. **** Incorporated herein by reference to the Company's Form 10-QSB, for the quarter ended August 31, 1994, filed on September 13, 1994. ***** Incorporated by reference to the Company's Report on Form 8-K dated December 4, 1994, filed on December 7, 1994. ****** Previously Filed + Management compensatory plan/arrangement. b) Reports on Form 8-K None. SIGNATURES Pursuant to the requirements of 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this amended report to be signed on its behalf by the undersigned, thereunto duly authorized on May 28, 1996. ValueVision International, Inc. (registrant) By: /s/ Stuart R. Romenesko Stuart R. Romenesko Vice President and Chief Financial Officer (Principal Financial and Accounting Officer) EX-24.D 2 Exhibit 24(d) CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS As independent public accountants, we hereby consent to the incorporation of our report included in this Form 10-K, into the Company's previously filed Registration Statements File Nos. 33-93006, 33-68648, 33- 68646, 33-60549 and 33-86616. ARTHUR ANDERSEN LLP Minneapolis, Minnesota, June 25, 1996 -----END PRIVACY-ENHANCED MESSAGE-----