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) FEBRUARY 17, 2000
AUTOTRADECENTER.COM INC.
(Exact name of registrant as specified in its charter)
ARIZONA 333-78659 86-0879572
(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) Identification No.)
8135 EAST BUTHERUS, SUITE 3, SCOTTSDALE, ARIZONA 85260 (Address of
principal executive offices) (Zip Code)
(480) 951-8040
Registrant's telephone number, including area code
NOT APPLICABLE
(Former name or former address, if changed since last report)
Exhibit index on consecutive page 2
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ITEM 1. CHANGES IN CONTROL OF REGISTRANT
Not Applicable.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
Not Applicable.
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
Not Applicable.
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Not Applicable.
ITEM 5. OTHER EVENTS
Pursuant to General Instruction D to this Form, the registrant hereby
incorporates by this reference the information contained in the press
release dated February 17, 2000, filed as an exhibit to this report.
ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS
Not Applicable.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial statements of businesses acquired: Not Applicable.
(b) Pro forma financial information: Not Applicable.
(c) Exhibits:
REGULATION CONSECUTIVE
S-K NUMBER DOCUMENT PAGE NUMBER
20.1 Press release dated February 17, 2000 4
ITEM 8. CHANGE IN FISCAL YEAR
Not applicable.
2
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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.
AUTOTRADECENTER.COM INC.
February 17, 2000 By: /S/ ROGER L. BUTTERWICK
-------------------------------------
Roger L. Butterwick, President
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AUTOTRADECENTER.COM INC. RECEIVES $5 MILLION EQUITY
INFUSION
AutoTradeCenter.com Inc. (OTC BB:AUTC - NEWS) announced today that it closed a
second round of financing for $5 million from three investor groups representing
private investors. With the addition of this equity funding the Company intends
to immediately pursue its application for its stock to be traded on NASDAQ.
The Company will utilize the funds for expansion of operations and additional
working capital needs. A registration statement will be filed with the SEC
within 30 days to register the underlying securities to be issued under the
terms of the funding agreement.
Company President Roger L. Butterwick stated, "We are pleased to have the
support of the investment community and specifically the commitment made by our
most recent private investors. This funding enables us to move forward in the
execution of our business plan and, more significantly, allows us to actively
pursue our application to NASDAQ. Excitement continues to build in the way our
company is revolutionizing the automotive Internet business- to-business
marketplace. I think the investment community will heartily embrace our approach
to providing e-automotive solutions."
AutoTradeCenter.com is a leading Internet-based "business-to-business"
automotive wholesale and remarketing company. On its web site,
WWW.AUTOTRADECENTER.COM, the company markets its services to its national dealer
base, to automotive lease and rental companies, and to banks and financial
institutions across the U.S. who can use the site's many features for more
efficient buying, selling and trading. The site also is designed to provide
large dealership groups a virtual private network internal inventory service
through controlled security access.
For more information on AutoTradeCenter.com Inc., please visit
HTTP://WWW.AUTOTRADECENTER.COM/.
Statements regarding financial matters in this press release other than
historical facts are "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of
1934, and as that term is defined in the Private Securities Litigation Reform
Act of 1995. The company intends that such statements about the company's future
expectations, including future revenues and earnings, and all other forward-
looking statements be subject to the safe harbors created thereby. Since these
statements (future operational results and sales) involve risks and
uncertainties and are subject to change at any time, the company's actual
results may differ materially from expected results.
Contact:
de Jong & Associates
Ron de Jong
Phone (877) 943-9065
Fax (760) 943-7164
email [email protected]
HTTP://WWW.DEJONG.ORG
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