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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
OCTOBER 26, 2000
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Date of Report (Date of earliest event reported)
PARTSBASE.COM, INC.
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(Exact name of Registrant as specified in its charter)
TEXAS 000-29727 76-0604158
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(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File Number) Identification No.)
621 NW 53RD STREET, BOCA RATON, FLORIDA 33487-8233
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(Address of Principal Executive Offices) (Zip Code)
(561) 953-0700
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(Registrant's telephone number, including area code)
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(Former name or former address, if changed since last report)
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ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS
In a letter dated October 26, 2000, but received by the Company on
November 20, 2000 Louis W. Storms IV resigned as member of the Company's Board
of Directors. The letter, a copy of which is attached as Exhibit 17.1 to this
Current Report on Form 8-K, states the following reasons for Mr. Storms'
resignation:
(i) he had placed seven phone calls to the Company over the past
four months inquiring about the business of the Company, but
had not received a response from the Company;
(ii) his advice regarding management matters and technology
development has been ignored by the Company; and
(iii) the Company has not requested his technical direction for an
extended period.
While, in the past, Mr. Storms had provided guidance to the Company on
technical matters, including website development and operation, the Company
believes that Mr. Storms' resignation will not have a material adverse impact on
the Company's operations because the Company over time has supplanted this
guidance with contributions from others, including management.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
17.1 Letter of Resignation from Louis W. Storms,
IV dated October 26, 2000.
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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.
PARTSBASE.COM, INC.
(Registrant)
Dated: December 5, 2000 By: /s/ ROBERT A. HAMMOND, JR.
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Robert A. Hammond, Jr.,
President, Chief Executive
Officer and Chairman
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