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): December 12, 2001 NETCURRENTS INFORMATION SERVICES, INC. (Exact Name of Registrant as Specified in Charter) Delaware 0-16410 95-4233050 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 9720 Wilshire Boulevard, Suite 700 Beverly Hills, California 90212 (Address of Principal Executive Offices) (310) 860-0200 (Registrant's Telephone Number) Item 5. OTHER EVENTS. Reference is made to the press release issued on December 12, 2001, which is incorporated herein by this reference. A copy of the press release is attached to this Form 8-K as Exhibit 99.1. Item 7. FINANCIAL STATEMENTS AND EXHIBITS (a) Financial Statements. None. (b) Pro Forma Financial Information. None. (c) Exhibits. Exhibit 99.1 Press Release dated December 12, 2001 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. December 12, 2001 NETCURRENTS INFORMATION SERVICES, INC. By: /s/ Irwin Meyer ------------------------------------------ Irwin Meyer Chief Executive Officer EXHIBIT INDEX EXHIBIT 99.1 Press release announcing resignation of Arthur Bernstein and Michael Iscove, dated December 12, 2001. ARTHUR BERNSTEIN AND MICHAEL ISCOVE RESIGN AS OFFICERS AND DIRECTORS OF NETCURRENTS INFORMATION SERVICES Beverly Hills, CA, December 12, 2001 - NetCurrents Information Services, Inc. (NCIS.OB) announced today the resignation of its Executive Vice-President, Secretary and Director, Arthur Bernstein, and its Chief Financial Officer and Director, Michael Iscove. Neither Mr. Bernstein or Mr. Iscove have received compensation since May, 2001, and resigned based on the Company's failure to meet its contractual monetary obligations to them. Irwin Meyer, Chairman and CEO commented, "Both Arthur and Michael have been loyal and dedicated employees and directors for many years. Unfortunately, the Company's current financial condition and inability, to date, to raise additional working capital to support its full operations caused them to resign. I wish them both best of luck in their future endeavors." For more information, please contact: Mr. Irwin Meyer 310-860-0200