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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
February 2, 2000
Austin Funding.com Corporation
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation)
000-26815 74-2923677
(Commission File Number) (I.R.S. Employer Identification Number)
823 Congress Avenue, Suite 515
Austin, Texas 78701
(Address of principal executive offices)
Registrant's telephone number, including area code:
(512) 481-8000
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ITEM 5. OTHER EVENT
On January 26, 2000, Austin Funding.com Corporation issued the press
release attached hereto as Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(C) Exhibits.
The following exhibits are filed as part of this report:
NUMBER DOCUMENT
99.1 Press release dated January 26, 2000.
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SIGNATURES
Pursuant to the requirement 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.
AUSTIN FUNDING.COM CORPORATION
By: /s/ Bradley J. Farley
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Bradley J. Farley
President and Chief Executive Officer
Dated: February 2, 2000
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EXHIBIT 99.1
AUSTIN FUNDING MAKES ANNOUNCEMENT
AUSTIN, Texas - (Jan. 26, 2000) - Shawn Stewart, Vice President of
Operations of Austin Funding (OTCBB: AFUN), announced today that at a meeting of
the Board of Directors held on January 13, 2000, Bradley J. Farley was elected
President and CEO.
Mr. Farley will be replacing past president Glenn LaPointe.
Brad Farley comes to Austin Funding with over 12 years experience in
investment, personal and corporate finance. Mr. Farley, who has been taking an
active role in the management of the day-to-day operations of AFUN, felt it was
a natural fit to assume leadership position of the company.
"I am flattered with the board's confidence in me and am excited about
our future. We have had an increase in loan production with our volume in
December of 1998 of $880,000 versus December of 1999 of $4,400,000 - an increase
of approximately 387%" said Brad Farley.
Austin Funding, a HUD-approved portfolio lender, has been serving the
mortgage brokerage community since April 1997 as a wholesale conduit to the
brokerage community for Single Family Residence 1 to 4 units.
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