LAREDO INVESTMENT CORP
8-K, 2000-08-23
NON-OPERATING ESTABLISHMENTS
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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 Exchange Act of 1934


Date of report (Date of earliest event reported) August 22, 2000 (July 12, 2000)


                             LAREDO INVESTMENT CORP.
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               (Exact Name of Registrant as Specified in Charter)



 NEVADA                           000-27959               77-0517964
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(State or Other Jurisdiction      (Commission             (IRS Employer
of Incorporation)                 File Number)            Identification No.)



SUITE 1450, 1075 WEST
GEORGIA STREET, VANCOUVER, BC, CANADA                                     V6B3C9
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(Address of Principal Executive Offices)                              (Zip Code)


Registrant's telephone number, including area code:               (604) 460-8440
                                                   -----------------------------

                                 Not applicable
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         (Former Name or Former Address, if Changes Since Last Report)

<PAGE>

Item 2.  Acquisition or Disposition of Assets

         On July 12, 2000, Laredo Investment Corp., (the "Company") acquired all
of the outstanding  Capital Stock of WST Web Search Technologies Inc., a company
incorporated under the laws of the province of Saskatchewan ("WST"). Pursuant to
an  Acquisition  Agreement  (the  "Agreement")  among the  Company,  WST and Dr.
Mengchi Liu, ("Dr.  Liu"),  the sole shareholder of WST, Dr. Liu sold 100 shares
of common  stock of WST,  which  represents  100% of the issued and  outstanding
common stock of WST, to the Company for  consideration  consisting of 10,000,000
shares of  common  stock of the  Company.  A copy of the  Agreement  is filed as
Exhibit 2.1 hereto, and such document is incorporated by reference herein.

Item 7.   Financial Statements, Pro Forma Financial Information and Exhibits

          (a) Financial Statement of Business Acquired

                As of the date of filing of this Current  Report on Form 8-K, it
        is  impracticable  for the Company to provide the  financial  statements
        required by this Item 7(a). In accordance with Item 7(a)(4) of Form 8-K,
        such financial  statements  shall be filed by amendment to this Form 8-K
        no later than 60 days after the date this Current Report must be filed.


          (b) Pro Forma Financial Information

                As of the date of filing of this Current  Report on Form 8-K, it
        is  impracticable  for the  Company to provide  the pro forma  financial
        information  required by this Item 7(b). In accordance with Item 7(b)(2)
        of Form 8-K, such  financial  statements  shall be filed by amendment to
        this Form 8-K no later than 60 days after the date this  Current  Report
        must be filed.


          (c) Exhibits

         2.1  Acquisition Agreement by and among the  Company,  WST Web  Search
              Technologies Inc. and Dr. Mengchi Liu.


                                       2

<PAGE>






                                    SIGNATURE

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this  report  on Form 8-K to be signed on its
behalf by the undersigned hereunto duly authorized.

                                             LAREDO INVESTMENT CORP.

                                             /s/ Richard Pierce
                                             ----------------------
                                             Richard Pierce
                                             Chief Executive Officer

Date:  August 22, 2000

                                       3
<PAGE>


                                  EXHIBIT INDEX


Exhibit No.                                   Description
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    2.1                                       Acquisition Agreement




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