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 (Date of earliest event reported) May 21, 1997
POWERTRADER, INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
000-22329 98-0163116
(Commission File Number) (IRS Employer Identification No.)
Suite 591, 885 Dunsmuir Street, Vancouver, British Columbia V6C 1N5
(Address of Principal Executive Offices) (Zip Code)
(604) 685-1529
(Registrant's Telephone Number, Including Area Code)
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Item 9. Sales of Equity Securities Pursuant to Regulation S
On May 21, 1997, PowerTrader, Inc. (the "Registrant") completed its sale of
100,000 units, each unit consisting of one share of the Registrant's common
stock, par value $0.01 per share ("Common Stock"), and one warrant to purchase
an additional share of Common Stock, to an institutional investor located in
Nuie for cash consideration in the amount of US$325,000. Such transaction was
consummated in reliance upon the exemptive provisions of Regulation S
promulgated under the Securities Act of 1933, as amended.
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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 hereto duly authorized.
Date: June 3, 1997
POWERTRADER, INC.
By:/s/ David C. Furlonger
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David C. Furlonger
Secretary, Chief Financial Officer
and Director
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