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Technology Stocks : GlobalNet Corporation (GLBT)

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To: jmhollen who started this subject6/13/2001 4:50:04 PM
From: jmhollen   of 60
 
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 - June 11, 2001
(Date of Earliest Event Reported)

GLOBALNET, INC.
(Exact name of registrant as specified in its charter)

Commission File No. 0-27469

NEVADA 87-0635536
------------------------------ --------------------------------------
(State of Incorporation) (I.R.S. Employer Identification No.)

1919 South Highland Avenue, Suite 125-D
LOMBARD, ILLINOIS 60148
----------------------------------------------- ------------------
(Address of principal (Zip Code)
executive offices)

Registrant's telephone number, including area code: (630) 652-1300

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

--------------------------------------------------------------------------------8-K · Last Page of 2 TOC · 1st · Previous · Next · Bottom · Just 2nd--------------------------------------------------------------------------------

ITEM 6. Resignation of Registrant's Directors.

On June 11, 2001, Mr. Robert H. Kohn resigned as a member of the
Company's Board of Directors. Mr. Kohn's resignation was not occasioned by any
disagreement with the Company on any matter relating to the Company's
operations, policies or practices and, in so resigning, Mr. Kohn confirmed to
the Company that his resignation was due to other personal commitments that
prevented him from devoting the time and attention otherwise necessary in acting
as a director of the Company.

Item 7. Financial Statements, PRO FORMA Financial Information and Exhibits

(a) Financial Statements.

Not applicable.

(b) Pro Forma Financial Information.

Not applicable.

(c) Exhibits

EXHIBIT DESCRIPTION

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 hereunto duly authorized.

GLOBALNET, INC.

By /s/ Robert J. Donahue
------------------------
Name: Robert J. Donahue
Title: Chairman and Chief Executive Officer

Dated: June 12, 2001
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