UNITED STATES 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: June 15, 1999
Q-SEVEN SYSTEMS, INC.
(FORMERLY - DOWNSTREAM INCORPORATED - DSI)
(Exact name of registrant as specified in its charter)
UTAH 333-06440 87-0567618
(State of incorporation) (Commission File Number) (IRS Employer ID No.)
Frohnkamp 18, Monheim, Germany
(Address of principal executive offices)
40789
(Zip Code)
(011) 49-2173-330-3630
Registrant's telephone number, including area code
6337 Highland Drive, Salt Lake City, Utah 84121
(Former name or former address, if changed since last report)
-------------------------
<PAGE>
Item 5. Other Events.
a) On June 10, 1999 a special shareholders meeting was held at the offices of
the Registrant and the name of the Registrant was changed from Downstream
Incorporated - DSI to Q-Seven Systems, Inc. Of the 12,500,000 shares issued
and outstanding, the beneficial owners of 9,741,000 of those shares were
present at the meeting, either in person or telephonically. All 9,741,000
shares voted in favor of the proposed name change. 0 opposed.
Articles of Amendment reflecting said name change were filed with the State
of Utah the same day and the Amendment to the Registrant's Articles of
Incorporation was approved and recorded in the Corporate Records of the
State of Utah on June 11, 1999.
b) On June 10, 1999, the OTC Bulletin Board was asked to assign the
Registrant's common stock a new trading symbol more closely related to the
new name of the Registrant. On June 15, 1999, the Registrant's common stock
began trading under its new symbol:
QSSY.
2
<PAGE>
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, thereto duly authorized.
Date: June 15, 1999
Registrant: Q-SEVEN SYSTEMS, INC.
(formerly: DOWNSTREAM INCORPORATED - DSI).
By:/s/ Philipp Kriependorf
---------------------------
Philipp Kriependorf
President and CEO
