UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934
Date of Report (Date of earliest reported event): October 17, 2003
YP.NET, INC.
(Exact name of registrant as specified in charter)
NEVADA 000-24217 85-0206668
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
4840 EAST JASMINE STREET, SUITE 105, MESA, ARIZONA 85205
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (480) 654-9646
ITEM 5. OTHER EVENTS AND REQUIRED FD DISCLOSURE
On August 26, 2003, Telco Billing, Inc. ("Telco"), a wholly-owned subsidiary of
YP.Net, Inc. (the "Company"), entered into a three-year agreement with
Integrated Payment Systems Inc., a unit of First Data Corporation (NYSE:FDC) and
a leading provider of payment reconciliation and backroom processing services.
The Company offers an incentive check as part of its marketing effort. First
Data will serve as an additional third-party verification of new customers
signing up for the Company's Internet Advertising Package. The agreement
requires the Company to pay monthly fees depending upon usage. The minimum
monthly fee is $1,500.
Effective September 1, 2003, Telco also entered into an agreement with UDS
Directory Corp., d/b/a go2 Directory Systems, for an initial term of
three-years. Go2 Directory Systems is a leading provider of wireless content.
With go2, the Company's customers' listings may be found in a prominent position
on wireless and handheld devices provided by Palm, AT&T Wireless, Qwest, Verizon
and many other providers. The agreement required the Company to pay an
implementation fee of $20,000. The Company will also pay a fee per listing of
$.05 to $.30.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits. The following documents are filed as exhibits to this
report:
10.1 Basic Listing Reseller Agreement, between UDS Directory
Corp., d/b/a go2 Directory Systems and Telco Billing, Inc.,
effective as of September 1, 2003
10.2 Processing Agreement, between Integrated Payment Systems,
Inc. and Telco Billing, Inc., dated as of August 26, 2003
99.1 Press release dated October 17, 2003
99.2 Press release dated October 20, 2003
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.
YP.NET, INC.
Date: October 21, 2003 /s/ ANGELO TULLO
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Angelo Tullo,
Chief Executive Officer
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