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): December 8, 1999
NetHoldings.Com, Inc.
(Exact name of registrant as specified in its charter.)
Nevada
(State of incorporation or organization)
0-17874 88-0199674
Commission File Number) (I.R.S. Employee Identification No.)
2929 Maryland Parkway Court, Las Vegas, Nevada
(Address of principal executive offices)
89109
(Zip Code)
Registrant's telephone number, including area code: (702) 699-5400
Xplorer, S.A..
(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
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 Xplorer, S.A. to NetHoldings,
Inc. to better reflect its new corporate direction. The new stock trading symbol
for the Company is NICO. The new symbol was effective December 8, 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.
NetHoldings, Inc.
(Registrant)
Dated: December 23, 1999 By: /s/ Leonard J. Roman
Leonard J. Roman
Treasurer, Chief Financial Officer
and Director
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