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 July 26, 2002 ---------------------------- (Date of Earliest Event of Report) ISNI.NET, INC. ------------- (Exact Name of Registrant as Specified in Its Charter) DELAWARE -------- (State or Other Jurisdiction of Incorporation) 000-28065 56-2489419 ---------- ---------- (Commission File Number) (IRS Employer Identification No.) 204 East McKenzie Street, Unit # D Punta Gorda, Fl. 33950 --------------------------------------------------------- (Address of Principal Executive Offices) (941) 575-7878 -------------- (Registrant's Telephone Number, Including Area Code) Item 1. Changes in Control of Registrant Not Applicable Item 2. Acquisition or Disposition of Assets Not Applicable Item 3. Bankruptcy or Receivership Not Applicable Item 4. Changes in Registrant's Certifying Accountant Not Applicable Item 5. Other Events On July 26, 2002, the Board of Directors voted to issue shares of the Company's common stock to Ray Bolouri and Torsten Josupeit as compensation for services rendered to the Company. Both Mr. Bolouri and Mr. Josupeit have performed services for the Company without compensation since joining the Company's employ. Item 6. Resignation of Registrant's Director Item 7 Financial Statements and Exhibits Item 8 Change in Fiscal Year Not Applicable 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. ISNI.Net, Inc. Dated: July 26, 2002 By: /s/ Ray Bolouri ------------------------------- Ray Bolouri Chief Executive Officer