UNITED STATES
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)
August 15, 2005
-----------------
CreditRiskMonitor.com, Inc.
(Exact name of registrant as specified in its charter)
Nevada 1-8601 36-2972588
(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation) Identification No.)
704 Executive Boulevard
Valley Cottage, NY 10989
(Address of principal executive offices, including zip code)
(845) 230-3000
(Registrant's telephone number, including area code)
--------------------------------------------------------------------------------
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 2.02. Results of Operations and Financial Condition
The information in this Form 8-K and the exhibit attached hereto shall not be
deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of
1934, as amended, or otherwise subject to the liability of that section, nor
shall it be deemed incorporated by reference in any filing under the Securities
Act of 1933, as amended, except as shall be expressly set forth by specific
reference in such a filing.
The Company's press release, dated August 15, 2005, contains certain financial
information regarding the Company for the three and six months ended June 30,
2005. A copy of the press release announcing these financial results and certain
other information is attached hereto as Exhibit 99.1. This Exhibit includes
references to the Company's pro forma net income, which as noted in such
Exhibit, excludes the effects of Litigation related activities recorded during
the applicable periods. A reconciliation of this non-GAAP financial measure to
what the Company believes is the most directly comparable U.S. GAAP financial
measure is provided in such Exhibit.
Management believes that pro forma net income is relevant and useful information
as it is a metric to measure the Company's ongoing operating performance. The
Company believes this non-GAAP financial measure provides additional perspective
on the Company's underlying business trends and provides useful information to
investors by excluding amounts from the Company's results that the Company
believes are not indicative of ongoing operating results.
Item 9.01. Financial Statements and Exhibits
(c) Exhibits
Exhibit No. Description
----------- -----------
99.1 Press Release issued on August 15, 2005
SIGNATURE
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.
CREDITRISKMONITOR.COM, INC.
Date: August 15, 2005 By: /s/ Lawrence Fensterstock
----------------------------
Lawrence Fensterstock
Chief Financial Officer