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: December 22, 2000
iEntertainment Network, Inc.
(Exact name of registrant as specified in charter)
NORTH CAROLINA
(State of other jurisdiction of incorporation)
0-29750 56-2092059
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(Commission File Number) (IRS Employer Identification No.)
215 Southport Drive, Suite 1000, Morrisville, NC 27560
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(Address of principal executive offices) (Zip Code)
Registrant's telephone no. including area code: (919) 461-0722
ITEM 5. OTHER EVENTS
On December 15, 2000, we issued a press release to announce the
restructuring of our business.
The statements contained in this Form 8-K contain forward-looking
statements concerning revenue growth and profitability. The Private Securities
Litigation Reform Act of 1995 provides a safe harbor for forward-looking
statements. In order to comply with the terms of the safe harbor, we note that a
variety of factors could cause the actual results to differ materially from the
anticipated results expressed in the our forward-looking statements. Some of
these factors include those described from time to time in our filings with the
Securities and Exchange Commission, under "Risk Factors" and elsewhere,
including risks relating to history of operating losses, change in business,
failing to secure timely or adequate financing, delays in development and
introduction of new products, dependence on new product introductions which
achieve significant market acceptance and the uncertainties of consumer
preferences, the rate and degree of market acceptance of online gaming,
dependence on third party software developers for significant portion of new
products, risks of rapid technological change and platform changes, intense
competition, dependence upon third party distribution and other risks. We hereby
disclaim any obligation to update the information provided above, including
forward looking statements.
ITEM 7. EXHIBITS.
(c) Press Release issued on December 15, 2000 is filed herewith as Exhibit
99.1.
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.
iENTERTAINMENT NETWORK, INC.
Date: December 22, 2000 /s/ Michael Pearce
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Michael Pearce
Chief Executive Officer