UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): JANUARY 21, 2003
PANASIA COMMUNICATIONS CORP.
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(Exact name of registrant as specified in its charter)
Nevada 0-25553 88-0419476
(State or other jurisdiction of (Commission File (IRS Employer
incorporation or organization) Number) Identification No.)
Suite 1001, 1166 Alberni Street
Vancouver, British Columbia, Canada V6E 3Z3
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(Address of principal executive offices) (Zip Code)
Issuer's telephone number
(including area code) (604) 648-2090
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(Former name, former address and former (Zip Code)
fiscal year, if changed since last report)
Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Securities Exchange Act during the past 12 months (or for
such shorter period that the registrant was required to file such reports), and
(2) has been subject to such filing requirements for the past 90 days.
Yes [X] No [ ]
ITEM 1. CHANGES IN CONTROL OF REGISTRANT
On January 21, 2003, the Board of Directors of the Company by Resolution, agreed
to a shares for debt exchange with creditor(s) totaling 1,030,636 Common Stock
at an exchange price per share of $0.015. These shares will be issued under the
conditions of Rule 144 and are to contain an appropriate restrictive legend.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
No events to report.
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
No events to report.
ITEM 4. CHANGES IN REGISTRANTS CERTIFYING ACCOUNTANT
No events to report.
ITEM 5. OTHER EVENTS
No events to report.
ITEM 6. RESIGNATION OF REGISTRANTS DIRECTOR
No events to report.
ITEM 7. FINANCIAL STATEMENTS
No events to report.
ITEM 8. CHANGE IN FISCAL YEAR
No events to report.
Exhibits:
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1. Resolution of the Board of Directors of PanAsia Communications Corp.
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.
PANASIA COMMUNICATIONS CORP.
/s/ Mark Glusing
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Mark Glusing, President
January 21, 2003
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Date