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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 and Exchange Act
June 16, 1999
Date of Report
(Date of earliest event reported)
ALPHATRADE.COM
(Exact name of registrant as specified in its charter)
Nevada 0-25631 Applied For
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(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
#400 B 1111 West Georgia Street
Vancouver, British Columbia, Canada
V6E 4M3
(Address of Principal Executive Offices)
(604) 681-7503
(Registrant's Telephone Number)
N/A
(Former Name or Former Address if changed Since Last Report)
Item 1. Changes in Control of Registrant.
None, not applicable.
Item 2. Acquisition or Disposition of Assets.
None, not applicable.
Item 3. Bankruptcy or Receivership.
None, not applicable.
Item 4. Changes in Registrant's Certifying Accountant.
None, not applicable.
Item 5. Other Events.
On June 8th, 1999, AlphaTrade.com was named as a defendant in a
Complaint filed in the District Court, Clark County, Nevada by WebData
Corp. and two of its shareholders. The Complaint alleges that
AlphaTrade.com and the other Defendants infringed upon trade secrets
and other intellectual property belonging to WebData. The Complaint
also alleges that WebData was deprived of certain corporate
opportunities. Damages and declaratory relief were requested.
AlphaTrade believes that the alleged technology described by WebData
in its Complaint is either in the public domain or uses rudimentary
parsing technology. Thus, AlphaTrade did not deprive WebData of any
corporate opportunity. AlphaTrade will vigorously defend this
position and the Company does not believe that the WebData lawsuit
will have a material effect on business.
Item 6. Resignations of Directors and Executive Officers.
None, not applicable.
Item 7. Financial Statements and Exhibits.
(a)Financial Statements of Businesses Acquired.
None, not applicable.
(b) Pro Forma Financial Information.
None, not applicable.
(c) Exhibits.
Description of Exhibit Exhibit Number
None, not applicable.
Item 8. Change in Fiscal Year.
None, not applicable.
Item 9. Sales of Equity Securities Pursuant to Regulation S.
None
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
ALPHATRADE.COM
DATED: June 25th, 1999 By: /s/ Rafael deNoyo
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Rafael deNoyo
Chief Technical Officer
Director
