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): February 11, 2002
MangoSoft, Inc.
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(Exact Name of Registrant as Specified in its Charter)
Nevada 0-30781 87-0543565
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
1500 West Park Drive, Suite 190, Westborough, MA 01581
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(Address of Principal Executive Offices)
Registrant's telephone number, including area code: (508) 871-7300
Item 5. Other Events.
Effective February 11, 2002, the Registrant acquired the fileTRUST
online data storage service and related assets from FleetBoston Financial
Corporation. As part of the transaction, FleetBoston and the Registrant entered
into a two-year enterprise license agreement for the internal use of fileTRUST
by FleetBoston's employees and the two companies will continue to market
fileTRUST. Terms of the agreement include the payment by the Registrant of an
undisclosed amount of cash to FleetBoston and issuance by the Registrant to
FleetBoston of a specified number of shares of common stock and warrants to
purchase common stock. FleetBoston will also have a seat on the Registrant's
Advisory Board.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
Exhibit 99.1 Press Release, issued on February 11, 2002.
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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.
MANGOSOFT, INC.
By: /s/ Robert E. Parsons
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Robert E. Parsons
Chief Financial Officer
February 12, 2002
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