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): January 25, 2001
                                                         -------------------


                         WATERFORD STERLING CORPORATION
              ----------------------------------------------------
             (Exact name of Registrant as specified in its charter)


                                     0-27929
                             -----------------------
                            (Commission file number)

                  Delaware                                    62-1655508
- ---------------------------------------------          -------------------------
(State or other jurisdiction of incorporation)         (I.R.S. Employer
                                                        Identification Number)


              200 South Knowles Avenue, Winter Park, Florida 32790
              ----------------------------------------------------
               (Address of principal executive offices) (Zip code)


                                 (407) 622-2040
                        ---------------------------------
              (Registrant's telephone number, including area code)


                             Skreem.com Corporation
                        ---------------------------------
              (Former name, former address and formal fiscal year,
                          if changed since last report)




Item 2.  Acquisition or Disposition of Assets

     On January 31, 2001, the Registrant  executed an Exchange Agreement for the
acquisition of all of the issued and  outstanding  shares of Waterford  Florida,
Inc. (formerly Waterford Sterling  Corporation) in exchange for 7,000,000 shares
of the Registrant's common stock.

     Waterford  Florida,  Inc.  is  engaged in the  sourcing  and  marketing  of
furniture and accessories to the  hospitality  and time share market.  This will
now become the principal business activity of the Registrant.

Item 5.  Other Events

     On January 25,  2001,  the  Registrant  filed  Articles of Amendment to its
Articles of Incorporation  with the Secretary of State for the State of Delaware
changing its name from Skreem.com Corporation to Waterford Sterling Corporation.
As a result of this name change, the Registrant trading symbol was also changed.
Effective  Wednesday,  January 31, 2001, the Registrant now trades on the OTC:BB
under the symbol WTFD.

Item  7. Financial Statements and Exhibits

     a.   Financial Statements of Business Acquired (to be furnished)

     b.   Proforma Financial Information (to be furnished)

     c.   Exhibits:

          2.1  Exchange  Agreement  between Waterford  Sterling  Corporation and
               Waterford Florida, Inc.
          3.1  Certificate of Amendment of the Articles of Incorporation

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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.

                                               WATERFORD STERLING CORPORATION


                                               By: /s/ Thomas Tedrow
                                                  ---------------------------
                                                  Thomas Tedrow, President and
                                                  Chief Executive Officer

         Date: February 2, 2001

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