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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
Date of Report
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January 11, 2001
Crosswalk.com, Inc.
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(Exact name of registrant as specified in its Charter)
Delaware
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(State or other jurisdiction of incorporation)
00-22847
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(Commission File Number)
54-1831588
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(IRS Employer Identification No.)
4100 Lafayette Center Dr., Suite 110
Chantilly, Virginia 20151
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(Address of principal executive offices) (Zip Code)
(703) 968-4808
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(Registrant's telephone number, including area code)
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
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Item 5. Other
On January 11, 2001, Crosswalk.com, Inc. ("Crosswalk") issued a press release
announcing the implementation of a company restructuring. The restructuring
will, among other things, (see Item 6 below), involve the consolidation of
functions to the Chantilly, VA headquarters, implementation of more
cost-effective means of generating content and further proficiency in utilizing
viral marketing. This action will result in staff reduction of fifteen, bringing
total employment to forty-nine. A copy of Crosswalk's press release announcing
this action is attached as Exhibit 99.1 hereto and is incorporated by reference
into this Report.
Item 6. Resignation of Registrant's Directors.
On January 11, 2001, Crosswalk issued a press release announcing the
implementation of a company restructuring which, among other things, (see Item 5
above), includes the appointment of Scott Fehrenbacher as President, CEO and
director, succeeding William Parker, effective as of January 11, 2001. There was
no dispute by Mr. Parker in this regard. Mr. Fehrenbacher was Vice President,
Editor in Chief of Crosswalk. A copy of Crosswalk's press release announcing
this change is attached as Exhibit 99.1 hereto and is incorporated by reference
into this Report.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) not applicable
(b) not applicable
(c) Exhibit 99.1 Press Release dated January 11, 2001 regarding Crosswalk.com,
Inc.'s announcement of a company restructuring which includes the appointment of
Scott Fehrenbacher as President, CEO and director, succeeding William Parker,
effective as of January 11, 2001.
SIGNATURES
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 hereunto duly authorized.
Crosswalk.com, Inc.
Date: January 11, 2001 By: /s/ J. Scott Fehrenbacher
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J. Scott Fehrenbacher
Chief Executive Officer and
President
