U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: September 26, 2003
TRANSAX INTERNATIONAL LIMITED
formerly known as "Vega-Atlantic Corporation"
(Exact name of small business issuer as specified in its charter)
COLORADO
(State or other Jurisdiction as Specified in Charter
00-27845 84-1304106
(Commission file number) (I.R.S. Employer Identification No.)
7545 Irvine Center Drive
Suite 200
Irvine, California 92618
(Address of Principal Executive Offices)
(949) 623-8316
(Issuer's telephone number)
Items 1 through 6 not applicable.
Item 8. Change in Fiscal Year
On September 22, 2003, the Board of Directors of Transax International
Limited, a Colorado corporation (the "Company"), approved a change in fiscal
year end of the Company from March 31st to a calendar year-end of December 31st.
The Board of Directors' decision to change the fiscal year end was based upon
consummation of the merger between Transax Limited and Vega-Atlantic Corporation
and the resulting continuation of the corporate entity Trasax Limited, which has
a calendar fiscal year end.
The date of the Company's fiscal year end is December 31, 2003.
Therefore, the Company's quarterly report on Form 10-QSB for the quarterly
period ended September 30, 2003 will cover such transition period and be for a
nine-month period ended September 30, 2003.
Item 7. Financial Statements and Exhibits.
(a) Financial Statements of Businesses Acquired.
Not applicable.
(b) Pro Forma Financial Information
Not applicable.
(c) Exhibits.
Not applicable.
SIGNATURES
In accordance with 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.
TRANSAX INTERNATIONAL LIMITED
By: /s/STEPHEN WALTERS
------------------------------
Stephen Walters, President and
Chief Executive Officer