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): October 27, 2000
Ursus Telecom Corporation
(Exact name of registrant as specified in its charter)
Florida 333-46197 65-0398306
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation or Organization File Number) Identification No.)
440 Sawgrass Corporate Parkway, Suite 112, Sunrise, Florida 33325
(Address of Principal Executive Offices)
Registrant's telephone number, including area code (954-846-7887)
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ITEM 5. OTHER EVENTS
On October 27, 2000 the Board of Directors of Ursus Telecom Corporation (the
"Company") asked the then President and Chief Operating Officer of the
Company, Jeffrey Chaskin, to take a temporary leave of absence. Following
this request, on October 30, 2000, Jeffrey Chaskin resigned as President and
Chief Operating Officer of the Company and on November 2, 2000 filed suit
against the Company alleging that the Company had breached the employment
agreement between the parties.
Mr. Luca Giussani, CEO of the Company, will assume management of the day-to-
day operations of the Company with assistance from Mr. Juan Jose Pino, Chief
Marketing Officer, and other senior managers of the Company.
Attached hereto as Exhibit 99 is the press release issued by the Company on
November 10, 2000.
ITEM 7. FINANCIAL STATEMENTS; PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits
99.1 Press release dated November 10, 2000.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
URSUS TELECOM CORPORATION
By: /s/ Johannes S. Seefried
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Johannes S. Seefried
Chief Financial Officer
and authorized officer of registrant
Dated: November 13, 2000