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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) April 12, 1999
CHATCOM, INC.
(Exact name of registrant as specified in its charter)
California
(State or other jurisdiction of incorporation)
0-20462 95-3746596
(Commission File Number) (I.R.S. Employer Identification No.)
9420 Lurline Avenue 91311
Chatsworth, California (Zip Code)
(Address of principal executive offices)
(818) 709-1778
(Registrant's telephone number, including area code)
Former Address
9600 Topanga Canyon Boulevard
Chatsworth, California 91311
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Item 5. Other Events.
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On April 12, 1999, ChatCom, Inc.'s ("ChatCom") received written
notification from HVVR, LLC ("HVVR") that HVVR had terminated the License
Agreement, dated as of August 28, 1998 between HVVR's assignors and ChatCom (the
"License Agreement") under which ChatCom had received a license to the Bright
Star product and technology. HVVR has alleged certain breaches of the License
Agreement as its basis for terminating this agreement. However, ChatCom does
not believe that it has breached the License Agreement and has advised HVVR that
ChatCom still considers the License Agreement to be in full force and effect.
ChatCom has been unsuccessful to date in raising the additional financing
it immediately requires to continue its operations. Although ChatCom is in
discussions with certain parties to obtain financing, ChatCom has no commitments
for such financing, and there can be no assurance that any such financing will
be obtained. There can be no assurance that ChatCom will prevail in its
assertion that the License Agreement is still in effect, and HVVR's notice of
termination of the License Agreement may have a materially adverse effect upon
ChatCom's ability to raise any additional financing.
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.
CHATCOM, INC.
Date: April 14, 1999 By /s/ E. CAREY WALTERS
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E. Carey Walters
Chief Executive Officer
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