SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): February 5, 1999
Cornerstone Internet Solutions Company
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(Exact name of registrant as specified in its charter)
Delaware 1-13360 22-3272662
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
584 Broadway, Suite 509, New York, New York 10012
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(Address of principal executive offices)
Registrant's telephone number, including area code: (212) 343 3920
N/A
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(Former name or former address, if changed since last report.)
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Item 5. Other Events.
Cornerstone Internet Solutions Company (the "Company")
announced on February 5, 1999 that the Nasdaq SmallCap Market has advised the
Company that the Company's securities will continue to be listed on the Nasdaq
SmallCap Market. The Company had met with the Nasdaq Listing Qualification Panel
on January 7, 1999 to determine whether the Company's securities met the
requirements for continued listing.
Pursuant to customary practice, the Nasdaq Listing and Hearing
Review Council may, on its own motion, determine to review any decision by the
Panel within 45 days of the decision. If the Review Council determines to review
the decision that the Company's securities will continue to be listed, it may
affirm, modify, reverse, dismiss, or remand the decision to the Panel. While the
Company may also request a review of the decision within 15 days of the
decision, the Company does not anticipate doing so. The institution of any
review will not operate as a stay of the decision to continue listing of the
Company's securities.
SIGNATURE
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.
CORNERSTONE INTERNET SOLUTIONS COMPANY
Dated: February 5, 1999 By: /s/ Edward Schroeder
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Name: Edward Schroeder
Title: President and Chief Executive
Officer
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