INTERNET STOCK MARKET RESOURCES INC
8-K, 1999-10-14
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                                    FORM 8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549



                                 CURRENT REPORT



                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934



                Date of Report (Date of earliest event reported)
                                 October 14, 1999



                      Internet Stock Market Resources, Inc.
                    (Formerly Internet Stock Exchange Corp.)
             (Exact name of registrant as specified in its charter)




             Delaware                  33-21481-FW             76-0246940
             --------                  -----------             ----------
     (State of Jurisdiction of        (File Number)             (Federal
  incorporation or organization)                             Identification
                                                                 Number)





                         405 Central Avenue, Lobby Level
                            St. Petersburg, FL 33701
                           ---------------------------
    (Address of principal Executive Offices and principal place of business)




                                 (727) 896-9696
              (Registrant's telephone number, including area code)



                                       1

<PAGE>
                                 ITEMS REPORTED




ITEM 5.  OTHER EVENTS

         A press release regarding the Company's quarterly S.E.C. filing made
yesterday, Internet Stock Market Resources, Inc. (OTC Bulletin Board symbol
ISMR) confirmed that the Company had achieved profitability for the quarter
ended August 31, posting earnings per share for the three months of eight cents.
(See Exhibit 99.1).

ITEM 7.  FINANCIALS AND EXHIBITS

        (C)  Exhibits

               99.1 Press Release from Internet Stock Market Resources, Inc.


                                       2

<PAGE>


                                   SIGNATURES


Pursuant of the requirements of the Securities Act of 1934, as amended, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                        Internet Stock Market Resources, Inc.
                                        (Registrant)



DATE:     10/14/99                      By: /s/ Anastasios Kyriakides
                                        ----------------------------
                                        Anastasios Kyriakides
                                        Chairman/Director


                                       3

<PAGE>


                                INDEX TO EXHIBITS



         Exhibit Number         Description

             99.1               Press Release of October 14, 1999 from
                                Internet Stock Market Resources, Inc.




Thursday, October 14, 1999 9:00 a.m. Eastern Time

Company Press Release

Internet Stock Market Resources, Inc. Achieves Profitability

St. Petersburg, Florida, October 14/PRNewswire/- In its quarterly S.E.C. filing
made yesterday, Internet Stock Market Resources, Inc. (OTC Bulletin Board symbol
ISMR) confirmed that the Company had achieved profitability for the quarter
ended August 31, posting earnings per share for the three months of eight cents.
Board Chairman Anastasios Kyriakides stated, "In today's business environment,
where so many Internet related companies are losing millions of dollars, our
company has now shown that positive net income in this industry is possible. It
takes a sustained commitment by the Company's personnel, and the work is never
finished; however, we are here for the long run, and this is just the beginning
of our story."

The Internet Stock Market Resources web site complex may be reached at
www.internetstockmarket.com General information regarding the Company may be
obtained by contacting Budd Morris, President, at (727) 896-9696 or via e-mail
through [email protected]

SAFE HARBOR - The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for forward-looking statements. Certain information included in
this press release (as well as information in oral statements or other written
statements made by or to be made by Internet Stock Market Resources, Inc.)
contain statements that are forward-looking, such as statements relating to the
future anticipated development activities, plans for future expansion, various
activities, planned capital expenditures, future funding sources, anticipated
sales growth and potential contracts. Such forward-looking information involves
important risks and uncertainties that could significantly affect anticipated
results in the future, and accordingly, such results may differ from those
expressed in any forward-looking statements made by or on behalf of Internet
Stock Market Resources, Inc. These risks and uncertainties include, but are not
limited to, those relating to development and expansion activities, dependence
on existing management, financing activities, domestic and global economic
conditions, changes in Federal or state laws and market competition factors.

SOURCE: Internet Stock Market Resources, Inc.





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