Item 8.01 Other Events
Ann Charles International Airport Inc. has acquired Air Cyprus Aviation Limited
for $90,000,000. USD, including the building of new phase one corporate
headquarters building. Ameri Metro, Inc. (the "Company") owns of 25% of the
non-voting interest in Ann Charles International Airport Inc.
The Company will record 25% of the ownership asset in the financial filings. All
future revenue will also be recorded in the Company's filings. The Air Cyprus
Aviation Limited purchase was in a combination of other valuable consideration
and equity of Ameri Metro, Inc.'s Class B Stock. Ann Charles International
Airport Inc. owned Class B shares of Ameri Metro, Inc. The stock value was
@$3,000.00 per share for this transaction. 30,000 shares were used as currency
for this transaction
Item 9.01 Exhibits
(d) Exhibits.
99.1Business Plan of Air Cypus Aviation Limited
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses