FORM 8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES ACT OF 1934
Date of Report (Date of earliest event reported): August 31, 1999
NetCommerce, Inc.
(Exact name of registrant as specified in its charter.)
Nevada
(State of incorporation or organization)
33-23430-D
(Commission File Number)
84-1091271
(I.R.S. Employee Identification No.)
4695 MacArthur Court, Suite 530, Newport Beach, California
(Address of principal executive offices)
92660
(Zip Code)
Registrant's telephone number, including area code: (949) 833-5381
Virtual Enterprises, Inc.
(Former name or former address, if changed since last report)
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Item 1. Changes in Control of Registrant
In conjunction with the restating and amending the Articles of
Incorporation discussed in Item 5. below, the Company increased its authorized
capital stock from Fifty Million (50,000,000) shares of $0.01 par value common
stock to Seventy Five Million (75,000,000) shares of $0.001 par value common
stock and Twenty Five Million (25,000,000) shares of $0.001 par value preferred
stock. There was no change to the current issued and outstanding stock as a
result of this action and all rights and preferences remain the same.
Item 2. Acquisition or Disposition of Assets
N/A
Item 3. Bankruptcy or Receivership
N/A
Item 4. Changes in Registrant's Certifying Accountant
N/A
Item 5. Other Events
On August 31, 1999, the Company received notice of filing and
acceptance by the Nevada Secretary of State of its restated and amended Articles
of Incorporation. In the process, the name of the Company was changed from
Virtual Enterprises, Inc. to NetCommerce, Inc. to better reflect its new
corporate direction. The new Cusip number is 641082 10 2. The new symbol for the
Company is NEET. The new symbol will be effective September 9, 1999.
Item 6. Resignation of Registrant's Directors
N/A
Item 7. Financial Statements and Exhibits
N/A
Item 8. Change in Registrant's Fiscal Year
N/A
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SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
NetCommerce, Inc.
(Registrant)
Dated: August 31, 1999 By: /s/ Fred G. Luke
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Fred G. Luke,
Chairman of the Board
and President
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