SCHEDULE 13D
INFORMATION REQUIREMENTS FOR FILING UPON ACQUISITION OF
FIVE PERCENT OF A CLASS OF EQUITY SECURITIES SUBJECT TO THE REPORTING
REQUIREMENTS OF THE 1934 ACT
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No.___ )*
WATCHOUT! INC..
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(Name of Issuer)
COMMON STOCK
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(Title of Classes of Securities)
941106106
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(CUSIP Number)
Jeffrey G. Klein
23123 State Road 7
Suite 350B
Boca Raton, Florida 33428
(561) 470-9010
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(Name, Address, and Telephone Number of Person
Authorized to Receive Notices and Communications)
September 1, 2000
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(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
<PAGE>
(1) NAME OF REPORTING PERSONS. S.S. or
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Cavalcade of Sports Networks, Inc. 65-0703836
Todd Violette (control person of
Cavalcade of Sports Networks, Inc. ###-##-####
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [ X ]
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(3) SEC USE ONLY
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(4) SOURCE OF FUNDS* OO
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(5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
NA
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(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Cavalcade of Sports Networks, Inc. is a Nevada corporation
Todd Violette is a United States citizen
<TABLE>
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<S> <C>
(7) SOLE VOTING POWER
Cavalcade of Sports Networks, Inc. 25,100,000
NUMBER OF SHARES Todd Violette is a control person of Cavalcade of Sports
BENEFICIALLY OWNED BY Networks, Inc.
EACH REPORTING PERSON ---------------------------------------------------------------
(8) SHARED VOTING POWER There is no
Shared voting power amongst the reporting persons.
However, Todd Violette is a control person of Cavalcade
of Sports Networks, Inc.
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(9) SOLE DISPOSITIVE POWER
Cavalcade of Sports Networks, Inc. 25,100,000
Todd Violette is a control person of Cavalcade of
Sports Networks, Inc.
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(10) SHARED DISPOSITIVE POWER There is no
shared dispositive power amongst the reporting persons.
However, Todd Violette is a control person of Cavalcade
of Sports Networks, Inc.
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<PAGE>
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Cavalcade of Sports Networks, Inc. 25,100,000
Todd Violette is a control person of Cavalcade
of Sports Networks, Inc. but does not otherwise
beneficially own any additional shares of issuer.
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(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
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(13) Percent of Class Represented by Amount in Row (11)
Cavalcade of Sports Networks, Inc. 50.5%
Includes shares beneficially owned by Todd Violette, a
control person of Cavalcade of Sports Networks, Inc.
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(14) Type of Reporting Person* Cavalcade of Sports Networks, Inc. Corporation
Todd Violette Individual
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</TABLE>
Item 1. Security and Issuer
WATCHOUT! INC.
Common Stock
20283 State Rd. 7, Suite 400
Boca Raton, FL 33428
Item 2. Identity and Background
1. (a) Cavalcade of Sports Networks, Inc.
(b) 7272 Wisconsin Ave., #300
Bethesda, MD 20814
EIN: 91-1853362
(c) Application Service Provider that offers complete
intranet infrastructure for small to medium sized
businesses.
(d) Not Applicable
(e) Not Applicable
(f) A Nevada corporation
<PAGE>
2. (a) Todd Violette
(b) 7272 Wisconsin Ave., #300
Bethesda, MD 20814
SS#: ###-##-####
(c) Businessman
(d) NA
(e) NA
(f) United States Citizen
ITEM 3: Source and Amount of Funds or Other Consideration
<TABLE>
<CAPTION>
AMOUNT PURCHASE
PURCHASER PURCHASED DATE COST SOURCE
<S> <C> <C> <C> <C>
Cavalcade of Sports
Networks, Inc 25,100,000 common shares 9/1/2000 $6,200,000 OO*
</TABLE>
*exchange of shares of subsidiary
ITEM 4. Purpose of Transaction
Obtain control of the board of directors of the issuer. It is the
intent of the reporting person to designate two out of three of said
directors.
ITEM 5. Interest in Securities of the Issuer:
(a) Number and Percentage of Shares of
Common Stock Beneficially owned:
25,100,000
50.5%
(b) Sole Power to Vote or to Direct the Vote
25,100,000 shares of common stock. There is no shared voting
power. Todd Violette is a control person of Cavalcade of
Sports Networks, Inc.
(c) See Item 3 above
<PAGE>
(d) Not Applicable
(e) Not Applicable
ITEM 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer
None
ITEM 7. Material to be Filed as Exhibits
10.1 Stock Exchange Agreement dated August 31, 2000
SIGNATURE
After reasonable inquiry and to the best of the knowledge and belief of
each of the undersigned, each of the undersigned certifies that the information
set forth on this statement is true, complete and correct.
September 26, 2000
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(Date)
CAVALCADE OF SPORTS, NETWORKS, INC.
By: /s/ Todd Violette
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Todd Violette, President
