FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: April 30, 2003 (date of earliest event reported January 28,2003) Commission File Number: 0-11596 ExperTelligence, Inc. (Exact name of registrant as specified in its charter) California 95-3506403 (State or Other Jurisdiction of (I.R.S. Employer Incorporation) Identification No.) 614 Chapala Street, Santa Barbara, California 93101 (Address of principal executive offices and zip code) Registrant's telephone number: (805) 962-2558 Item 5 - OTHER EVENTS On January 28, 2003, Expertelligence (the "Company") announced that it has re-acquired its controlling interest in 3DStockCharts.com, a privately-help California corporation. John McNamara resigned as both CEO of 3DStockCharts and as the last remaining board member. William Urschel, CEO of ExperTelligence, and Peter Thorsen, Product Manager for WebBase, an ExperTelligence subsidiary, were appointed to the 3DStockCharts board. Mr. Urschel was subsequently appointed CEO of 3DStockCharts. On April 30, 2002, ExperTelligence had sold all of its 8 million shares (about 70% of the issued stock) to an investor from the Midwest. Part of the purchase price was paid in the form of a promissory note, secured by those shares. The investor opted to relinquish those shares rather than pay off the note. At about the same time the company's directors and officers insurance lapsed, and the entire board (except for John McNamara) resigned. 3DStockCharts.com sells real-time stock market data. It combines live data from the six largest ECNs (Electronic Communications Networks) into a single real-time data stream. Moreover, this data includes the "full book," meaning it includes all bids and asks, not just the last executed price. The company sells this data in a variety of forms, including charts, graphs, tables, streaming tickers, and snap quotes. The data is available through the company's web site at www.3dstockcharts.com. The company's signature chart is a live, three-dimensional chart showing all bids and asks for a stock, with price and volume, updated every two seconds, showing changes over time. In essence, the entire activity in a stock -- as it is happening -- can be watched on a single screen. Stock traders use 3DStockCharts for gauging buying and selling pressure and momentum, watching the effect of minute-by-minute news on a stock, and (especially after-hours) taking advantage of arbitrage opportunities between ECNs. Longer-horizon investors use 3DStockCharts for timing their moves into and out of the market, squeezing the most profit out of each move. 3DStockCharts.com was started in 1999 as a subsidiary of ExperTelligence. In November, 1999, it was was spun off as a separate entity and raised $1 million in capital on its own, and then raised another $3 million in April of 2000 at a $32 million valuation. The company has facilities in New York City, with its corporate and development offices located in Santa Barbara, California. ExperTelligence Inc., founded in 1980, has operated as a technology incubator, creating over 15 separate products and 7 patents to date. Its flagship product is a new real-time profile-based advertising network called Advertising Commerce Network. The company has approximately 2.6 million shares outstanding, and is traded over the counter. The company's website is at www.expertelligence.com. 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 thereunto duly authorized. Dated: April 30, 2003 ExperTelligence, Inc. By: /s/ William Urschel Name: William Urschel Title: CEO ###