UNITED STATES
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) November 15, 1999
HealthStar Corp.
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(Exact name of registrant as specified in its charter)
Delaware 0-19499 91-1934592
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
15720 North Greenway-Hayden Loop, Suite 1, Scottsdale, Arizona 85260
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (888) 621-7900
9495 East San Salvador Drive, Scottsdale, Arizona 85258
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(Former name or former address, if changed since last report.)
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ITEM 1. CHANGES IN CONTROL OF REGISTRANT.
N/A
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
N/A
ITEM 3. BANKRUPTCY OR RECEIVERSHIP.
N/A
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS.
N/A
ITEM 5. OTHER EVENTS.
On August 19, 1999, HealthStar approved the purchase of a 49% interest in
Physiciansite.com, Inc., a privately-held Internet-based healthcare company. On
November 15, 1999, HealthStar announced that it had terminated the related
agreement. HealthStar was to have issued 4.0 million shares of its common stock
to an investment group in exchange for the right to acquire the interest in
Physiciansite.com through subsequent cash purchases of Physiciansite.com stock
totaling $7.2 million. The agreement was terminated due to adverse accounting
and tax issues.
ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS.
N/A
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
N/A
ITEM 8. CHANGE IN FISCAL YEAR.
N/A
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
HEALTHSTAR CORP.
Dated: November 22, 1999 By: /s/ Steven A. Marcus
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Steven A. Marcus
Its: Vice President, Chief Financial
Officer and Secretary
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