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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
Cotelligent, Inc.
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(Exact name of registrant as specified in its charter)
December 6, 2000
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Date of Report (Date of earliest event reported)
Delaware 0-25372 94-3173918
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation File Number) Identification No.)
101 California Street, Suite 2050
San Francisco, California 94111
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(Address of principal executive offices) (Zip Code)
(415) 439-6400
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(Registrant's telephone number, including area code)
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Item 5. Other Events.
On May 12, 2000, Cotelligent, Inc. (the "Company") filed a current report
on Form 8-K to disclose the fact that, on April 27, 2000, the Company caused its
indirectly wholly-owned subsidiary, CZG Mobile Ventures, Inc., a Delaware
corporation, to enter into an Operating Agreement with bSmart.to Technologies,
Inc., a Delaware corporation ("bSmart"), forming a joint venture entity called
bSmart.to LLC, a Delaware limited liability company (the "Joint Venture").
On August 8, 2000, the Company subsequently filed a current report on Form
8-K to disclose the fact that the parties had agreed to revise certain terms of
the transaction and, thus, executed an Amended and Restated Operating Agreement,
dated August 8, 2000, with revised transaction documents attached as exhibits
thereto, all of which were executed on August 8, 2000. The Company filed that
Form 8-K to disclose the final terms of the Joint Venture transaction.
On December 6, 2000, the Company announced that it terminated its Joint
Venture with bSmart, after determining that the wireless venture would require
substantial additional investment to remain viable which was not in the best
interest of the Company.
A copy of the press release announcing the Joint Venture termination is
attached as an Exhibit to this Current Report on Form 8-K.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
Exhibit No. Exhibit
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99 Press Release
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Signature
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 thereunto duly authorized.
COTELLIGENT, INC.
By: /s/ Daniel E. Jackson
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Name: Daniel E. Jackson
Titles: President, Chief Operating Officer
and Director
Dated: January 3, 2001
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EXHIBIT INDEX
Exhibit No. Description
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99 Press Release announcing the termination of Joint
Venture between Cotelligent, Inc. and bSmart.to
Technologies, Inc.
