8-K 1 a2081974z8-k.txt FORM 8-K 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 (Date of earliest event reported): JUNE 4, 2002 NETWORK ACCESS SOLUTIONS CORPORATION ------------------------------------ (Exact name of registrant as specified in its charter) DELAWARE 000-25945 54-1738938 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification incorporation) Number) 13650 DULLES TECHNOLOGY DRIVE, HERNDON, VIRGINIA 20171 ------------------------------------------------- ----- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 703-793-5000 NOT APPLICABLE ------------------------------------------------------------- (Former name or former address, if changed since last report) ITEM 1. CHANGES IN CONTROL OF REGISTRANT Not applicable. ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS Not applicable. ITEM 3. BANKRUPTCY OR RECEIVERSHIP On June 4, 2002, Network Access Solutions Corporation, a Delaware corporation (the "Company"), and one of its subsidiaries filed voluntary petitions for protection under Chapter 11 of the United States Bankruptcy Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"). ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT Not applicable. ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE On June 4, 2002, the Company postponed its annual meeting of shareholders from June 11, 2002 to a date to be determined. ITEM 6. RESIGNATION OF REGISTRANT'S DIRECTORS Not applicable. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS Not Applicable. ITEM 8. CHANGE IN FISCAL YEAR Not applicable. ITEM 9. REGULATION FD DISCLOSURE 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, thereunto duly authorized. Date: June 6, 2002 NETWORK ACCESS SOLUTIONS CORPORATION By: /s/ JONATHAN P. AUST --------------------------------------- Jonathan P. Aust Chairman and Chief Executive Officer

SECURITIES AND EXCHANGE COMMISSIONWashington, DC 20549FORM 8-KCURRENT REPORTPursuant to Section 13 or 15(d)of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 25, 2002

NETWORK ACCESS SOLUTIONS CORPORATION

(Exact name of registrant as specified in its charter)Delaware 000-25945 54-1738938(State or other (Commission (IRS Employerjurisdiction of File Identification

incorporation) Number) Number)

13650 Dulles Technology Drive, Herndon, Virginia 20171

(Address of principal executive offices) (Zip Code)Registrant's telephone number, including area code: 703-793-5000_____________________Not Applicable___________________(Former name or former address, if changed since last report)Item 1. Changes in Control of RegistrantNot applicable.Item 2. Acquisition or Disposition of AssetsNot applicable.Item 3. Bankruptcy or ReceivershipNot applicable.Item 4. Changes in Registrant's Certifying AccountantNot applicable.Item 5. Other Events and Regulation FD DisclosureSee Item 9 of this Form 8-K.Item 6. Resignation of Registrant's DirectorsNot applicable.Item 7. Financial Statements and ExhibitsNot applicable.Item 8. Change in Fiscal YearNot applicable.Item 9. Regulation FD Disclosure

On January 25, 2002, we paid to Wells Fargo Equipment Finance, or Wells Fargo, $5,747,001.30 to satisfy and discharge in full a November 16, 2001 judgment rendered in favor of Wells Fargo in a case filed in the United States District Court for the Eastern District of Virginia in July 2001. The payment represents the entire amount of the judgment, including $19,867.70 in interest.

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, thereunto duly authorized.Date: January 25, 2002NETWORK ACCESS SOLUTIONS CORPORATIONBy: /s/ Jonathan P. Aust____________________________Jonathan P. AustChairman andChief Executive OfficerBy: /s/ William R. Smedberg______________________________William R. SmedbergExecutive Vice President, Finance and Strategic Development

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