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, 2000 MAX Internet Communications, Inc. (Exact name of registrant as specified in its charter) Nevada 0-24273 75-2715335 ---------------------- ------------------- ------------------ (State of incorporation) (Commission File No.) (IRS Employer Identification No.) 8115 Preston Road, Eighth Floor East, Dallas, Texas 75225 --------------------------------------------------------- (Address of principal execute offices, including zip code) (214)691-0055 -------------------------------------------------- (Registrant's telephone number, including area code) Item 2. Acquisition or Disposition of Assets. On February 11, 2000 the company completed an agreement to sell the stock of its 100% owned subsidiary, MAX Internet Communications do Brasil Ltda (Brasil), to Brasil's management. The sale was made effective December 31, 1999, for a sales price of approximately $320,000. After the sale, Brasil continues to sell and service the company's products within its designated territories under a distributorship agreement between the companies. Item 7. Financial Statements and Exhibits (a) Not applicable (b) Not applicable (c) Exhibits 10.13 Stock Purchase Agreement with Clear Springs Investments, Ltd effective December 31, 1999 for the sale of MAX Internet Communications do Brasil Ltda (filed as Exhibit 10.13 to the company's Form 10-QSB as of December 31, 1999 and incorporated herein by reference). 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. February 24, 2000 MAX INTERNET COMMUNICATIONS, INC. /s/ Donald G. McLellan --------------------------------- Donald G. McLellan, President