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): November 30, 1998
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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.)
Item 5. Other Events.
As of November 30, 1998, Cornerstone Internet Solutions
Company (the "Company") had over $2,000,000 in net tangible assets and,
accordingly, the Company believes it is in compliance with the net tangible
asset requirements of The Nasdaq Stock Market.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
(c) Exhibits.
99.1 Balance sheet of the Company as of November 30, 1998.
Such balance sheet is unaudited and is based on
information from the books and records of the Company
and certain information and footnote disclosures
normally included in financial statements prepared in
accordance with generally accepted accounting
principles have been omitted.
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SIGNATURE
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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: December 30, 1998 By:/s/ Kenneth Gruber
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Name: Kenneth Gruber
Title: Chief Financial Officer
and Secretary
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