PacificNet, Inc.
UNITED
STATES
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 1934
Date
of
Report (date of earliest event reported): August 14, 2006
PacificNet
Inc.
(Exact
name of registrant as specified in charter)
Delaware
(State
or
other jurisdiction of incorporation)
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000-24985
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91-2118007
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(Commission
File Number)
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(IRS
Employer Identification No.)
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c/o
PacificNet Inc.
23/F,
Tower A, TimeCourt, No.6 Shuguang Xili,
Chaoyang
District, Beijing, China 100028
(Address
of principal executive offices and zip code)
(Registrant's
telephone number including area code)
601
New Bright Building, 11 Sheung Yuet Road,
Kowloon
Bay, Kowloon, Hong Kong
(Registrant's
former name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of registrant under any of the following
provisions:
[
] Written communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
[
]
Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR
240.14a-12(b))
[
]
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.
On
August 14, 2006, PacificNet Inc. (the “Company”) issued a press release and
hosted a conference call during which the Company’s unaudited operating results
for the second quarter of 2006 and its expectation of profitability for 2006
were discussed.
A copy
of the press release is attached hereto as Exhibit 99.1, and a transcript of
the
conference call is attached hereto as Exhibit 99.2.
Item
9.01 Financial
Statements and Exhibits.
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Exhibit
No.
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Description
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99.1
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Press
Release dated August 14, 2006 - PacificNet Reports Record Second
Quarter
Results Q2 Revenues Increase 57%, Net Income Rises 61%, Gross Profit
Margins Increase From 22% to 25% Resulting in Quarterly EPS of 9
cents per
basic share
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99.2
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August
14, 2006 conference call
transcript
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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.
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PACIFICNET,
INC. |
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|
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| Date:
August
18, 2006 |
By: |
/s/ Victor
Tong |
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|
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Name:
Victor Tong
Title: President and Interim Chief Financial
Officer
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Exhibit
Index
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Exhibit
No.
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Description
|
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99.1
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Press
Release dated August 14, 2006 - PacificNet Reports Record Second
Quarter
Results, Q2 Revenues Increase 57%, Net Income Rises 61%, Gross Profit
Margins Increase From 22% to 25% Resulting in Quarterly EPS of 9
cents per
basic share
|
|
99.2
|
August
14, 2006 conference call
transcript
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