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) JUNE 3, 1999 HEURISTIC DEVELOPMENT GROUP, INC. ------------------------------------------ (EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER) DELAWARE 0-29044 95-4491750 - -------------------------------------------------------------------------------- (STATE OR OTHER (COMMISSION (IRS EMPLOYER JURISDICTION OF FILE NUMBER) IDENTIFICATION INCORPORATION) NUMBER) 1219 MORNINGSIDE DRIVE, SUITE 102, MANHATTAN BEACH, CALIFORNIA 90266 - -------------------------------------------------------------------------------- (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) (310) 378-1749 - -------------------------------------------------------------------------------- (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE) - -------------------------------------------------------------------------------- (FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT) ITEM 5. OTHER EVENTS On June 3, 1999, Heuristic Development Group, Inc., a Delaware corporation ("HDG"), announced the signing of a definitive Agreement and Plan of Merger, dated June 2, 1999, with Virtual Communities, Inc., a Delaware Corporation ("VCI"). Under the terms of the agreement, a subsidiary of HDG will merge with VCI in an all stock transaction in which VCI's stockholders will receive approximately 11.5 million shares of HDG common stock (subject to adjustment), representing approximately 88% of HDG's common stock after the merger (assuming no exercise of either company's warrants or options.) HDG's existing common stock and Class A and Class B warrants will remain outstanding. A copy of the press release announcing the signing of the merger agreement is attached hereto as Exhibit 99.3 and incorporated herein by this reference. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS The following Exhibits are filed herewith as part of this current Report: Exhibit Description of Document ------- ----------------------- 99.3 Press Release, dated June 3, 1999 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HEURISTIC DEVELOPMENT GROUP, INC. June 9, 1999 By: /s/ Theodore Lanes - -------------- ------------------------------------ (Date) Theodore Lanes Chief Financial Officer -2-