8-K

                       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): JULY 16, 2001


                             E-TREND NETWORKS, INC.
             (Exact name of registrant as specified in its charter)


          DELAWARE                      0-28879                  98-0348508
(State or other jurisdiction of       (Commission              (IRS Employer
       incorporation)                 File Number)          Identification No.)



            5919 - 3RD STREET, S.E., CALGARY, ALBERTA, CANADA T2H 1K3
               (Address of principal executive offices) (Zip Code)


                                 (403) 252-7766
               Registrant's telephone number, including area code




                                       N/A
          (Former name or former address, if changed since last report)







Exhibit index on consecutive page 2





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 AND REGULATION FD DISCLOSURE

         Pursuant to General Instruction F., the registrant incorporates by
         reference the information contained in the press release filed as
         Exhibit 20 to this Form 8-K.

ITEM 6.  RESIGNATIONS OF REGISTRANT'S DIRECTORS

         Not Applicable.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

         (a)      Financial statements of businesses acquired:  Not applicable.

         (b)      Pro forma financial information:  Not applicable

         (c)      Exhibits

                      REGULATION
                      S-K NUMBER                  DOCUMENT

                          20           Press release dated July 16, 2001

ITEM 8.  CHANGE IN FISCAL YEAR

         Not applicable.

ITEM 9.  REGULATION FD DISCLOSURE

         Not applicable.


                                       2





                                   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.

                                     E-TREND NETWORKS, INC.


July 16, 2001                        By: /s/ CAROLINE ARMSTRONG
                                        -------------------------------------
                                       Caroline G. Armstrong, President and CEO

                                        3

EX-20

           E-TREND NETWORKS, INC. RECEIVES $10 MILLION FIRM COMMITMENT
                 FUNDING AGREEMENT FROM INSTITUTIONAL INVESTOR



FORT LAUDERDALE--(PR  NEWSWIRE)--July 16, 2001--E-Trend  Networks,  Inc. (OTCBB:
ETDN)("E-Trend"),  announced  today the execution of a firm  commitment  funding
agreement with an  institutional  investor for the purchase of up to $10 million
of E-Trend common shares.

Caroline Armstrong, President and CEO of E-Trend, stated: "We are very pleased
to have a long-term partner in place for our financing needs. The funding
agreement will provide E-Trend with working capital to continue to grow both its
on-line and traditional distribution businesses as E-Trend works to become North
America's leading seller of entertainment software."

The three-year  funding agreement  provides for the purchase of common shares in
an aggregate amount up to $10 million. Funding under the agreement will occur in
periodic  draws,  as  determined  by  E-Trend.  Funding is  conditioned  upon an
effective   registration  statement  and  will  be  subject  to  certain  volume
limitations of E-Trend's common stock.

E-Trend owns and operates  EntertainMe.com,  America's Entertainment  eStore(TM)
(WWW.ENTERTAINME.COM), an online  destination  for  'everything  entertainment':
movies  (theatrical  and  home  video),  music,  games  and  more,  and  Langara
Distribution  Inc.,  a  worldwide  distributor  of  movies  and  music  to  both
traditional retail and on-line merchants.


STATEMENTS IN THIS RELEASE ARE MADE PURSUANT TO THE "SAFE HARBOR"  PROVISIONS OF
THE PRIVATE  SECURITIES  LITIGATION REFORM ACT OF 1995.  INVESTORS ARE CAUTIONED
THAT THE FOREGOING NEWS RELEASE CONTAINS  FORWARD-LOOKING  STATEMENTS.  FOR THIS
PURPOSE,  ANY STATEMENTS  CONTAINED IN THIS NEWS RELEASE THAT ARE NOT STATEMENTS
OF  HISTORICAL  FACT MAY BE DEEMED  TO BE  FORWARD-LOOKING  STATEMENTS.  WITHOUT
LIMITING  THE  FOREGOING,  WORDS  SUCH AS "MAY,"  "WILL,"  "EXPECT,"  "BELIEVE,"
"ANTICIPATE,"  "ESTIMATE," "CONTINUE," OR COMPARABLE TERMINOLOGY ARE INTENDED TO
IDENTIFY FORWARD-LOOKING STATEMENTS.  FORWARD-LOOKING STATEMENTS BY THEIR NATURE
INVOLVE  SUBSTANTIAL  RISKS AND  UNCERTAINTIES  AND  ACTUAL  RESULTS  MAY DIFFER
MATERIALLY  DEPENDING ON A VARIETY OF FACTORS,  INCLUDING,  WITHOUT  LIMITATION,
CONTINUED  ACCEPTANCE OF E-TREND'S  PRODUCTS AND SERVICES,  INCREASED  LEVELS OF
COMPETITION,   SERVICE  INTERRUPTIONS  AND  DEPENDENCE  ON  THE  PERFORMANCE  OF
E-TREND'S MANAGEMENT.

For further information contact:

Caroline Armstrong, President & C.E.O.,
Telephone: 1.877.90.MOVIE
eMail: carolinea@etrendnetworks.com