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
November 15, 2000
Date of Report
(Date of Earliest Event Reported)
TheNETdigest.com, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 38-2655325
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(State or other jurisdiction (IRS Employer
of incorporation) Identification No.)
1-13886
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(Commission File Number)
4950 West Prospect Road
Fort Lauderdale
Florida 33309
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(Address of principal executive offices (zip code))
1-954 745 8277
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(Registrant's telephone number, including area code)
<PAGE>
ITEM 5. Other Events.
We filed with the Secretary of the State of Delaware a Certificate of
Amendment to our Certificate of Incorporation to change our name to
theNETdigest.com, Inc. and increasing the number of authorized Common Stock to
fifty million (50,000,000) and the number of Preferred Stock to five million
(5,000,000), both with a par value of $0.001 per share. The new CUSIP number for
the Common Stock is 88 336 N 109 and the new stock symbol is NETD.
Attached hereto is a press release dated November 15, 2000 with respect to this
matter.
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.
SIGNATURES
TheNETdigest.com, Inc.
By: /s/ Steven Adelstein
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Steven Adelstein
President
November 17, 2000
<PAGE>
CAM Designs Inc. Changes Name
to theNETdigest.com, Inc.
Elects New Officers and Directors
FORT LAUDERDALE - (BUSINESS WIRE) - November 15, 2000
CAM Designs Inc. (NQBEQS "Pink Sheets": formerly FRTX) announced today its
corporate name has changed to theNETdigest.com, Inc. (NET) having a new stock
symbol of "NETD" and has relocated its corporate headquarters to 4950 West
Prospect Road, Fort Lauderdale, FL 33309.
As previously announced, CAM has acquired NET in an exchange of common shares.
TheNETdigest.com, Inc. based in Fort Lauderdale, Florida and CAM Designs Inc.
will leverage their combined strengths and synergies to produce premium
informational health and lifestyle websites.
On November 10, 2000, a new Board of Directors and Officers were elected
including Robert Hussey, Chairman of the Board; Dr. Howard Storfer (Board member
and Executive Vice President); Steven Adelstein (Board member and President);
Gus Guilbert, Jr. (Board member and Secretary); Franz Skryanz (Board member);
and Geoff Taylor (Board member).
NET (www.theNETdigest.com), a quality Internet publishing company, is developing
state-of-the-art informational websites for the end user on focused subject
matters. The first focused, in-depth website currently under construction is
www.theDIABETICdigest.com. The site will be available to the user in English,
Spanish and Portuguese. Research has demonstrated a strong market need for a
concentration of information on this serious disease. This site will offer an
Advisory Board consisting of prominent professionals in the industry, news
articles added daily and archived for future reference, up-to-date product
information and a healthcare provider database listing diabetic specialists
throughout the Country. Each article will by summarized by a brief paragraph
explaining its content so both patients and providers can access the archives
seeking specific articles and information. With a glossary, bulletin board and
chat room, this site will provide the resources and feedback diabetics, their
families and friends require in one website. The content is reputable, current
and entertaining, presented in an easy to understand format.
This site will feature a large section devoted specifically to Juvenile
Diabetes, with the newest information on research and activities for the parents
and physicians of children with diabetes. TheDIABETICdigest.com will also
include a complete section for children called the KidZone. Focusing on the
needs and concerns of children afflicted with diabetes, this section will
contain most of the information found on our main site, but written in a
language children can easily understand. It will contain its own glossary,
articles and feature a chat room for kids with diabetes to interact with each
other. Bold bright graphics, pictures and fun news items will entertain the
children as they learn to take better care of themselves. The section will soon
feature its own original animated theater-quality movie short and comic book
including characters and merchandising.
TheDIABETICdigest.com will be represented by spokesperson Michelle McGann, a
professional golfer on the LPGA tour. Michelle was diagnosed as a diabetic at
the age of 13 and is a role model for many younger diabetics.
The Company's business model of focused subject news and information,
distinguishes it from other web based publishing and informational sites.
TheDIABETICdigest.com has a search engine designed by the company that helps
facilitate the user in locating only requested information and provides a means
for the retrieval of their information at a later time. By generating revenues
from their Pharmaceutical sponsors, the company can direct it's resources away
from traditional selling, and focus on editing and updating the sites content on
a daily basis which assures it's users the most current and relevant data.
Dr. Howard Storfer, Executive Vice President of NET stated "we have made
significant progress in developing the finest informational website on diabetes.
Since being diagnosed as a diabetic myself, the vision was to develop a
comprehensive and up to date diabetic informational website, including the most
recent articles on the subject, having a summary paragraph on each, together
with exercise videos, recipes and a healthcare provider database. All of this on
one website location has been accomplished." Dr. Storfer continued, "We are
pursuing an aggressive growth strategy in developing other websites through
discretionary marketing and initiatives."
NET owns intellectual properties in excess of 170 Internet domain names and
plans to introduce in 1st Qtr. 2001 additional sites for Arthritis
(theARTHRITISdigest.com) and Vitamins (theVITAMINdigest.com). Each of these
websites is intended to develop and maintain state of the art informational data
for the end user.
For further information, visit the Company online at www.theNETdigest.com.
Please Note: "Safe Harbor" statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding
theNETdigest.com's business that are not historical facts are "forward-looking
statements" that involve risks and uncertainties. For a discussion of such risks
and uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see the Company's (Commission File
No. 1-13886) Annual Report on Form 10-K, filed August 30, 2000, for the
year-ended May 31, 2000 (and the amendment thereto), as well as the discussions
contained in its Quarterly Report on Form 10-QSB, filed October 16, 2000 for the
quarter ended August 31, 2000, and any subsequent SEC filings.
FOR CONTACT INFORMATION
LONDON MANHATTAN LIMITED
TEL/FAX: (212) 656 1129
EMAIL: [email protected]
