-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, B+RR4LkO6cLuoD/4Wb2EV5S6wCliXjefLOCRVnocZGo5yPV1d1QFQq5juQMwcn3t el5tv9doFjpFwSuPD70wcg== 0001108890-04-000435.txt : 20040719 0001108890-04-000435.hdr.sgml : 20040719 20040719114833 ACCESSION NUMBER: 0001108890-04-000435 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040715 ITEM INFORMATION: Other events FILED AS OF DATE: 20040719 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BESTNET COMMUNICATIONS CORP CENTRAL INDEX KEY: 0000799694 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 861006416 STATE OF INCORPORATION: NV FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15482 FILM NUMBER: 04919506 BUSINESS ADDRESS: STREET 1: 5075 CASCADE ROAD SE STREET 2: SUITE A CITY: GRAND RAPIDS STATE: MI ZIP: 49546 BUSINESS PHONE: 616-977-9933 MAIL ADDRESS: STREET 1: 5075 CASCADE ROAD SE STREET 2: SUITE A CITY: GRAND RAPIDS STATE: MI ZIP: 49546 FORMER COMPANY: FORMER CONFORMED NAME: WAVETECH INTERNATIONAL INC DATE OF NAME CHANGE: 19980225 FORMER COMPANY: FORMER CONFORMED NAME: WAVETECH INC DATE OF NAME CHANGE: 19920703 8-K 1 bestnet8k071504a.txt PERIOD ENDED 07-15-04 SECURITIES AND EXHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------ FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OF 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) July 15, 2004 --------------- BestNet Communications Corporation ---------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) Nevada 001-15482 86-1006416 --------------------------- ---------------------- -------------------- (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification Number) 5075 Cascade Rd. SE, Suite A. Grand Rapids, MI 49546 ------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (616) 977-9933 --------------- ITEM 5. OTHER EVENTS. BestNet Communications Announces Management Change Exhibits Title 99 Press release, issued by BestNet Communications Corporation Dated July 15, 2004 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. BestNet Communications Corporation By: /s/ Richard Bourke -------------------------------- Richard Bourke Interim Chief Executive Officer By: /s/ Michael A. Kramarz -------------------------------- Michael A. Kramarz Principal Accounting Officer Date: July 19, 2004 EX-99 2 bestnetexhib99-071504a.txt PRESS RELEASE EX-99 BestNet Communications Announces Management Change GRAND RAPIDS, Mich.--(PR Newswire)--July 15, 2004--BestNet Communications Corporation (OTCBB: BESC - News) announced that its board of directors has accepted the resignation of Robert A. Blanchard, President and CEO, effective immediately. Mr. Blanchard will remain a director for a three-month transition period. The company said its board had voted to appoint Richard Bourke, 58, current Chairman of the Board, as interim CEO Stanley L. Schloz, a BestNet director, said, "The board wishes to express its thanks for the many contributions made by Robert Blanchard during his tenure as President and CEO. His was instrumental in helping BestNet build its proprietary technology platform and creating strong internal growth over the last 12 months. We wish him well in his future endeavors." Mr. Blanchard stated "It has been an honor and privilege to have the opportunity to provide leadership to BestNet during my tenure, and I look forward to assisting the company with the transition over the coming months." Richard Bourke said, "We understand the rapidly changing world of telecommunications services. While BestNet will continue to provide the highest quality, lowest cost and simplest solution to international calling, we will expand our product offerings to emphasize seamless business-to-business solutions through our recently completed Applications Program Interface (API). In addition, BestNet is uniquely position to take advantage of the international convergence of wireless and fixed line services. Our management team is committed to develop and implement strategies focused on value-added business solutions arising from our patented and proprietary technology." Mr. Bourke is a General Partner of Katsinam Partners, LP, an investment fund focused on micro and small-cap public companies located in Scottsdale, Arizona. Mr. Bourke has been Chairman of BestNet since October 2003. From July 2000 to December 2002, he was director and officer of Traffic Technology, Inc. a public company commercializing patented traffic signal technology. In 1998, he founded National Integrative Medicine, Inc. a startup healthcare services company. From 1994 to 1997, Mr. Bourke was Executive Vice-President and CFO of The Little Gym International, Inc. Prior to this he was involved in investment banking and venture capital. He has also held officer positions in entrepreneurial companies across several industries, including retail, services, manufacturing and industrial products. He holds a BA from Northwestern University and an MBA from Columbia University. About BestNet BestNet Communications is a global solutions provider of long distance; conference calling, ClicktoPhone and custom application-based communication services. BestNet's services are accessed worldwide via the Internet and wireless devices and are delivered using standard phone lines and equipment. This results in a cost effective high quality service for both businesses and consumers. Under the brand name Bestnetcall(TM) (WWW.BESTNETCALL.COM) the patented services offer subscribers premium quality calls and conference calling, at significantly lower rates. Calls and conference calls can also be launched via a desktop application or handheld devices including Palm(TM), Pocket PC(R) and Blackberry(TM) and used with any standard or wireless phone. In addition the company's new ClicktoPhone(TM) service (WWW.CLICKTOPHONE.COM) enables clients to add secure and anonymous voice communication connectivity anywhere in the world to web sites, web banners, pictures, electronic documents, and customized e-mail calling buttons. Contact BestNet at: investors@bestnetcom.com This release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the "safe harbor" created thereby. These statements include the plans and objectives of management for future operations, including plans and objectives. The forward-looking statements herein are based on current expectations that involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond control of the company. Although the company believes that the assumptions underlying the forward-looking statements are reasonable, any one of the assumptions could be inaccurate and, therefore, can be no assurance that the forward-looking statements included in this release will prove to be accurate. -----END PRIVACY-ENHANCED MESSAGE-----