AGTSPORTS INC
8-K, 1997-07-21
BLANK CHECKS
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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 (Date of earliest event reported) July 19, 1997
                                                          -------------



                                AGTsports, Inc.
              ----------------------------------------------------
             (Exact name of registrant as specified in its charter)



       Colorado                     33-4309-D                  84-1022287
 ----------------------       ----------------------     ----------------------
(State of incorporation)     (Commission File Number)   (IRS Employer ID number)



               5031 S. Ulster Street, Suite 205, Denver, CO 80237
               --------------------------------------------------
               (Address of principal executive office) (Zip code)


                                 (303) 220-8686
               --------------------------------------------------
              (Registrant's telephone number, including area code)




<PAGE>


                                    Form 8-K

                                 Current Report
                     Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934


Item 1.    Changes in Control of Registrant.
           --------------------------------
            Not Applicable

Item 2.    Acquisition or Disposition of Assets.
           ------------------------------------
            See Item 5 below

Item 3.    Bankruptcy or Receivership.
           --------------------------
            Not Applicable

Item 4.    Changes in Registrant's Certifying Accountant.
           ---------------------------------------------
            Not Applicable

Item 5.    Other Events.
           ------------

               On July 19, 1997, the Company  implemented  it's golf  tournament
               scoring  system at the JAL Big Apple  Classic at Wykagyl  Country
               Club in New York. The system which has been under development and
               testing  for  about 18  months  is a custom  application  written
               specifically for use by the Ladies  Professional Golf Association
               (LPGA) at their tour events.

               The  Company's  wholly  owned  subsidiary,  Tee Times of America,
               Inc.,  has  released  it's  Version  2.0  of its  TeeMaster  2000
               Automated  Reservation  System. The new version  incorporates the
               powerful  tools  of  previous  versions  into a  state-of-the-art
               Windows NT  (Windows  '95  compatible)  32 bit  application.  The
               TeeMaster 2000 features include  Electronic Tee Sheet,  Caller ID
               Module, Voice Mail / Automated Attendant, Customized Reports, and
               Pricing Options.

               Although  management can provide no assurance the effect of these
               systems will result in any specific  benefit for the Company,  in
               the view of management, the potential long term economic benefits
               over time may have a favorable  material  impact on the Company's
               ability to secure  new  sources  of  financing  and on the future
               revenues and earnings of the Company.



<PAGE>



                                   SIGNATURES
                                   ----------


Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  Registrant  has duly  caused  this report to be signed on its
behalf by the  undersigned,  thereunto duly authorized on this 19th day of July,
1997.



                                         By:  /S/  CORY J. COPPAGE
                                              ----------------------------------
                                              Cory J. Coppage
                                              Secretary and Director

Dated:  July 19, 1997





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