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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) April 3, 2000
WSi INTERACTIVE CORPORATION
(Exact name of registrant as specified in its charter)
BRITISH COLUMBIA, CANADA O-25860
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(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation) Identification No.)
Suite 200 - 1200 West Pender Street, Vancouver, BC V6E 2S9
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(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code 604-681-8589
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N/A
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(Former name or former address, if changed since last report)
Exhibit Index is on page 3
Page 1 of 7
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ITEM 5. OTHER EVENTS.
Pursuant to Form 8-K, General Instructions F, registrant hereby incorporates by
reference the press release attached hereto as Exhibit 99.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS
Exhibit No. Description
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Exhibit 99.1 WSi INTERACTIVE CORPORATION. Press Release
dated April 3, 2000.
Exhibit 99.2 WSi INTERACTIVE CORPORATION. Material Change
Report dated April 3, 2000.
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.
Dated: April 3, 2000.
WSi INTERACTIVE CORPORATION
By: /s/ JAMES L. HARRIS
__________________________________
Name: James L. Harris
Title: Secretary
Page 2 of 7
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EXHIBIT INDEX
Sequential
Number Exhibit Page Number
Exhibit 99.1 WSi INTERACTIVE CORPORATION 4
Press Release dated April 3, 2000
Exhibit 99.2 WSi INTERACTIVE CORPORATION. 6
Material Change Report dated April 3, 2000.
Page 3 of 7
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WSi INTERACTIVE CORPORATION Symbols: CDNX -- WIZ OTC -- WIZZF
NEWS RELEASE
APRIL 3, 2000
WSI INTERACTIVE ANNOUNCES PRIVATE PLACEMENT TO RAISE $C3,465,000
WSi Interactive Corporation ("WSi") is pleased to announce a private placement
of 1,100,000 units at $3.15 per unit to raise gross proceeds of $C3,465,000.
Each unit will consist of one share and one warrant to buy one share for two
years at $C3.70 for one year and $C5.00 thereafter. The proceeds of the
placement will be used for general working capital purposes. The placement is
subject to regulatory approval.
THE BUSINESS OF WSI
WSI INTERACTIVE CORPORATION is an innovative business development and marketing
firm whose objective is to capitalize on direct marketing opportunities on the
Internet. WSI builds, manages and markets online businesses in the financial,
e-tail and e-commerce, entertainment, and e-advertising sectors.
WSi revenue generating properties include: Medianetsolutions.com, a high-end Web
development and hosting company which has developed more than 100 websites
including some award winners; Targetpacks.com, an award-winning website and
opt-in list email marketing organization; Westernshores.com, a direct and
database marketing company with proprietary geodemographic and pinpoint
marketing capabilities; Stocksecrets.com, an investment website offering free
real-time quotes; Investmentworldnews.com, an online and print publication
distributed to over half a million investors across North America; and
Yourwinestore.com, with one of the world's most comprehensive databases of
wineries and wines. Yourwinestore.com is one of several websites which will
become part of a hospitality vertical portal now being developed.
In various stages of development are Healthcreator.com, a unique website that
customizes a daily health plan comprising daily meals, exercise and supplements;
and Flashcandy.com, an e-greetings company which offers rich media and sound
animated cards suitable for all occasions, owned 25% by WSi. In addition, WSi
has recently secured a Canada wide Fiber and Wireless Broadband Network license,
and has invested in the new convergence of television and the Internet.
To receive information on WSi by e-mail or fax, please forward your Internet
address / fax # to: [email protected] / fax: 1-877-499-5806.
For fax requests, please complete the following:
NAME: ______________________________________________
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COMPANY: ______________________________________________
E-MAIL: ______________________________________________
PHONE#: ______________________________________________
FAX#: ______________________________________________
Send by: E-mail or fax: yes / no. E-mail only: yes / no
Toll free: 1-888-388-4636
Fax: 1-877-499-5806
Website: www.ws-i.com
ON BEHALF OF THE COMPANY
"Theo Sanidas"
Theo Sanidas, President
This news release may contain forward-looking statements that involve risks and
uncertainties, including the impact of competitive products and pricing, and
general economic conditions as they affect the Company's clients. Actual results
and developments may therefore differ materially from those described in this
release. No regulatory authority has reviewed or accepted any responsibility for
the adequacy or accuracy of the contents of this release.
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This is a form of a material change report required under Section 85(1) of the
Securities Act and Section 151 of the Securities Rules.
FORM 27
SECURITIES ACT
MATERIAL CHANGE REPORT UNDER SECTION 85(1) OF THE ACT
NOTE: This form is intended as a guideline. A letter or other document may be
used if the substantive requirements of this form are complied with.
NOTE: Every report required to be filed under Section 85(1) of the Act shall
be sent to the Commission in an envelope addressed to the Commission
and marked "Continuous Disclosure".
NOTE: WHERE THIS REPORT IS FILED ON A CONFIDENTIAL BASIS PUT AT THE BEGINNING
OF THE REPORT IN BLOCK CAPITALS "CONFIDENTIAL - SECTION 85", AND
EVERYTHING THAT IS REQUIRED TO BE FILED SHALL BE PLACED IN AN ENVELOPE
ADDRESSED TO THE SECRETARY OF THE COMMISSION MARKED "CONFIDENTIAL".
Item 1. Reporting Issuer
WSI Interactive Corp.
Item 2. Date of Material Change
April 3, 2000
Item 3. Press Release
The press release was issued on April 3, 2000 and disseminated through
Canada News Wire and BC Emergis.
Item 4. Summary of Material Change
WSi Interactive Corporation ("WSi") is pleased to announce a private
placement of 1,100,000 units at $3.15 per unit to raise gross proceeds
of $C3,465,000.
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Item 5. Full Description of Material Change
WSi Interactive Corporation ("WSi") is pleased to announce a private
placement of 1,100,000 units at $3.15 per unit to raise gross proceeds
of $C3,465,000. Each unit will consist of one share and one warrant to
buy one share for two years at $C3.70 for one year and $C5.00
thereafter. The proceeds of the placement will be used for general
working capital purposes. The placement is subject to regulatory
approval.
Item 6. Reliance on Section 85(2) of the Act
Nothing in this form is required to be maintained on a confidential
basis.
Item 7. Omitted Information
Not applicable.
Item 8. Senior Officer
James L. Harris, Secretary
Telephone No. (604) 609-3068
Item 9. Statement of Senior Officer
The foregoing accurately discloses the material change referred to
herein.
Dated this 3rd day of April, 2000 at Vancouver, BC WSI Interactive Corp.
By: "James L. Harris"
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James L. Harris
Secretary
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(Official Capacity)
