<PAGE>   1

                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549


                                    FORM S-8


                        REGISTRATION STATEMENT UNDER THE
                             SECURITIES ACT OF 1933


                          NET MASTER CONSULTANTS, INC.
             -----------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)


            TEXAS                                                76-0270334
-------------------------------                              ------------------
(State or Other Jurisdiction of                               (I.R.S. Employer
 Incorporation or Organization)                              Identification No.)


        1818-1177 West Hastings Street, Vancouver, B.C.,     Canada  V6E 2K3
--------------------------------------------------------------------------------
              (Address of Principal Executive Offices)           (Zip Code)

                       Agreement for Consulting Services
--------------------------------------------------------------------------------
                            (Full Title of the Plan)

    James David Sifford, II, 3131 S.W. Freeway, Suite 42, Houston, TX 77098
--------------------------------------------------------------------------------
                    (Name and Address of Agent For Service)

                                 (713) 666-2783
--------------------------------------------------------------------------------
         (Telephone Number, Including Area Code, of Agent For Service)


                        CALCULATION OF REGISTRATION FEE

<TABLE>
<CAPTION>
================================================================================
                                     Proposed      Proposed
   Title of                           Maximum       Maximum
  Securities           Amount        Offering      Aggregate     Amount of
    to be              to be           Price       Offering     Registration
  Registered         Registered      Per Share      Price           Fee
--------------------------------------------------------------------------------
<S>                  <C>              <C>         <C>            <C>
Common Stock         52,500           $2.00       $105,000.00    $100.00 (1)

================================================================================
</TABLE>
 [FN]
(1) Calculated pursuant to Rule 457.
</FN>
<PAGE>   2
                                     PART I
                          INFORMATION REQUIRED IN THE
                            SECTION 10(A) PROSPECTUS

ITEM 1.  PLAN INFORMATION

         Information required by Part I to be contained in the Section 10(a)
Prospectus is omitted from the registration statement in accordance with Rule
428 under the Securities Act of 1933 and the Note to Part I of Form S-8.

ITEM 2.  REGISTRATION INFORMATION AND EMPLOYEE PLAN ANNUAL INFORMATION.

         Information required by Part I to be contained in the Section 10(a)
Prospectus is omitted from the registration statement in accordance with Rule
428 under the Securities Act of 1933 and the Note to Part I of Form S-8.

ITEM 3.  INCORPORATION OF DOCUMENTS BY REFERENCE

         The Company's Annual Report on Form 10-KSB for the year ended December\
31, 1999 and the Form 10-QSB's for fiscal quarters ended March 31, 2000 and June
30, 2000.

         All documents filed by the Company pursuant to Sections 13(a), 13(c),
14 or 15(d) of the Securities Exchange Act of 1934, as amended, subsequent to
the date hereof and prior to the filing of a post-effective amendment which
indicates that all securities offered hereby have been sold or which
de-registers all securities covered hereby then remaining unsold shall be deemed
to be incorporated by reference herein and to be a part hereof from the date of
filing of such documents, except as to any portion of any future Annual or
Quarterly Report to Stockholders which is deemed to be modified or superseded
for purposes of this Registration Statement to the extent that such statement is
replaced or modified by a statement contained in a subsequently dated document
incorporated by reference or contained in this Registration Statement.

ITEM 4.  DESCRIPTION OF SECURITIES

         Securities are registered under Section 12(g) of the Exchange Act.

ITEM 5.  INTERESTS OF NAMED EXPERTS AND COUNSEL NOT APPLICABLE

         Not Applicable


                                        2
<PAGE>   3

ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS:

         Article 2.02-1 of the Texas Business Corporation Act (the "Act")
provides that a corporation may indemnify its present or former directors,
officers, employees, agents and other persons in accordance with the procedure
contained in the Act.

         The Company's Articles of Incorporation provide: "Each Director and
officer or Former Director or officer or any person who may have served at the
request of this corporation as a Director or officer of another corporation in
which this corporation owns shares of capital stock or of which this corporation
is a creditor (and their heirs, executors, and administrators) may be
indemnified by the corporation against reasonable costs and expenses incurred by
him in connection with any action, suit, or proceeding to which he may be made a
party by reason of his being or having been such Director or officer, except in
relation to any actions, suits, or proceedings in which he has been adjudged
liable because of willful misfeasance, bad faith, gross negligence, or reckless
disregard of the duties involved in the conduct of his office, or in the event
of a settlement, each Director and officer (and his heirs, executors, and
administrators) may be indemnified by the corporation against payments made,
including reasonable costs and expenses, provided that such indemnity shall be
conditioned upon the prior determination by a resolution of two-thirds (2/3) of
those members of the Board of Directors of the corporation who are not involved
in the action, suit, or proceeding that the Director or officer has no liability
by reason of willful misfeasance, bad faith, gross negligence, or reckless
disregard of the duties involved in the conduct of his office, and proved
further that if a majority of the members of the Board of Directors of the
corporation are involved in the action, suit, or proceedings, such determination
shall have been made by a written opinion of independent counsel. Amount paid in
settlement shall not exceed costs, fees, and expenses which would have been
reasonable incurred if the action, suit, or proceeding had been litigated to a
conclusion. Such a determination by the Board of Directors, or by independent
counsel, and the payments of amounts by the corporation on the basis thereof
shall not prevent a shareholder from challenging such indemnification by
appropriate legal proceedings on the grounds that the person indemnified was
liable to the corporation or its security holders by reason of willful
misfeasance, bad faith, gross negligence, or reckless disregard of the duties
involved in the conduct of his office. The foregoing rights and indemnification
shall not be exclusive of any other rights to which the officers and Directors
may be entitled according to law."

         The Company's By-Laws provide: "The Corporation shall indemnify its
present or former Directors and officers, employees, agents and other persons to
the fullest extent permissible by, and in accordance with the procedures
contained in, Article 2.02-1 of the Texas Business Corporation Act. Such
indemnification shall not be deemed to be exclusive of any other rights to which
a director, officer, agent or other person may be entitled, consistent with law,
under any provision of the Articles or Incorporation or By-Laws of the
Corporation, any general or specific action of the Board of Directors, the terms
of any contract, or as many be permitted or required by common law."


                                        3
<PAGE>   4

ITEM 7.  EXEMPTION FROM REGISTRATION CLAIMED

         Not Applicable.

ITEM 8.  EXHIBITS

         The following is a list of exhibits filed as part of the Registration
Statement:

         5.1  Opinion of Carmine J. Bua, III, Esq. regarding the legality of the
              securities registered hereunder.

         23.1 Consent of Crouch Bierwolf & Chisholm, Certified Public
              Accountants.

         23.2 Consent of Counsel (included as part of Exhibit 5.1).

ITEM 9.  UNDERTAKINGS

         (a)  The undersigned registrant hereby undertakes:

              (1)  To file, during any period in which offers or sales are being
                   made, a post-effective amendment to this registration
                   statement:

                   (i)   To include any prospectus required by Section 10(a)(3)
                         of the Securities Act of 1933;

                   (ii)  To reflect in the prospectus any facts or events
                         arising after the effective date of the registration
                         statement (or the most recent post-effective amendment
                         thereof) which, individually or in the aggregate,
                         represent a fundamental change in the information set
                         forth in the registration statement. Notwithstanding
                         the foregoing, any increase or decrease in volume of
                         securities offered (if the total dollar value of
                         securities offered would not exceed that which was
                         registered) and any deviation from the low or high end
                         of the estimated maximum offering range may be
                         reflected in the form of prospectus filed with the
                         Commission pursuant to Rule 424(b) if, in the
                         aggregate, the changes in volume and price represent no
                         more than a 20 percent change in the maximum aggregate
                         offering price set forth in the "Calculation of
                         Registration Fee" table in the effective registration
                         statement.

                   (iii) To include any material information with respect to the
                         plan of distribution not previously disclosed in the
                         registration statement or any material change to such
                         information in the registration statement;


                                        4
<PAGE>   5
provided, however, that paragraphs (1)(a)(i) and (1)(a)(ii) do not apply if the
registration statement is on Form S-3, Form S-8 or Form F-3, and the information
required to be included in a post-effective amendment by those paragraphs is
contained in periodic reports filed with or furnished to the Commission by the
registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange
Act of 1934 that are incorporated by reference in the registration statement.

              (2)  That, for the purpose of determining any liability under the
                   Securities Act of 1933, each such post-effective amendment
                   shall be deemed to be a new registration statement relating
                   to the securities offered therein, and the offering of such
                   securities at that time shall be deemed to be the initial
                   bona fide offering thereof.

              (3)  To remove from registration by means of a post-effective
                   amendment any of the securities being registered which remain
                   unsold at the termination of the offering.

         (b)  The undersigned registrant hereby undertakes that, for purposes of
determining a liability under the Securities Act of 1933, each filing of the
registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to Section 15(d) of the
Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.

         (c)  Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers, and controlling
persons of the registrant pursuant to the foregoing provisions, or otherwise,
the registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer or controlling
person of the registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Act and will
be governed by the final adjudication of such issue.


                                       5
<PAGE>   6

                                   SIGNATURES

         THE REGISTRANT. Pursuant to the requirements of the Securities Act of
1933, the registrant certifies that it has reasonable grounds to believe that it
meets all the requirements for filing on Form S-8 and has duly caused this
registration statement to be signed on its behalf of the undersigned, thereunto
duly authorized, in the City of Vancouver, British Columbia, on August 22, 2000.


                                          NET MASTER CONSULTANTS, INC.

                                          BY:  /s/ Nora Coccaro
                                               ---------------------------------
                                               NORA COCCARO
                                               President and
                                               Chief Executive Officer


         Pursuant to the requirements of the Securities Act of 1933, this
registration statement has been signed below by the following persons in the
capacities and on the dates indicated.

<TABLE>
<CAPTION>
SIGNATURE                              TITLE                          DATE
---------             ---------------------------------------    ---------------
<S>                   <C>                                        <C>
 /s/ Nora Coccaro     Chairman of the Board                      August 22, 2000
------------------    President, Chief Executive Officer, and
NORA COCCARO          Treasurer (Principal Financial and
                      Accounting Officer) and Secretary
</TABLE>


                                        6
<PAGE>   7

                               INDEX TO EXHIBITS

<TABLE>
<CAPTION>
SEQUENTIALLY
EXHIBIT NUMBER    DESCRIPTION
--------------    --------------------------------------
<S>               <C>
 5.1              Opinion of Carmine J. Bua, III, Esq. regarding legality of the
                  securities registered hereunder.

23.1              Consent of Crouch, Bierwolf & Chisholm, Certified Public
                  Accounts.

23.2              Consent of Counsel (included as part of Exhibit 5.1.
</TABLE>


                                        7
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{"company-data": {"conformed-name": "NETMASTER INC", "cik": "0001099728", "assigned-sic": "9995", "irs-number": "760270334", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-44338", "film-number": "708467"}, "business-address": {"street1": "24843 DEL PRODO", "street2": "STE 318", "city": "DANA POINT", "state": "CA", "zip": "92626", "phone": "9492489561"}, "mail-address": {"street1": "24843 DEL PRODO", "street2": "STE 318", "city": "DANA POINT", "state": "CA", "zip": "92626"}}
1

                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM S-8

                        REGISTRATION STATEMENT UNDER THE
                             SECURITIES ACT OF 1933

                          NET MASTER CONSULTANTS, INC.
             -----------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)

            TEXAS                                                76-0270334
-------------------------------                              ------------------
(State or Other Jurisdiction of                               (I.R.S. Employer
 Incorporation or Organization)                              Identification No.)

        1818-1177 West Hastings Street, Vancouver, B.C.,     Canada  V6E 2K3
--------------------------------------------------------------------------------
              (Address of Principal Executive Offices)           (Zip Code)

                       Agreement for Consulting Services
--------------------------------------------------------------------------------
                            (Full Title of the Plan)

    James David Sifford, II, 3131 S.W. Freeway, Suite 42, Houston, TX 77098
--------------------------------------------------------------------------------
                    (Name and Address of Agent For Service)

                                 (713) 666-2783
--------------------------------------------------------------------------------
         (Telephone Number, Including Area Code, of Agent For Service)

                        CALCULATION OF REGISTRATION FEE
================================================================================
                                     Proposed      Proposed
   Title of                           Maximum       Maximum
  Securities           Amount        Offering      Aggregate     Amount of
    to be              to be           Price       Offering     Registration
  Registered         Registered      Per Share      Price           Fee
--------------------------------------------------------------------------------
Common Stock         52,500           $2.00       $105,000.00    $100.00 (1)

================================================================================
[FN]
(1) Calculated pursuant to Rule 457.
2
                                     PART I
                          INFORMATION REQUIRED IN THE
                            SECTION 10(A) PROSPECTUS

ITEM 1.  PLAN INFORMATION

         Information required by Part I to be contained in the Section 10(a)
Prospectus is omitted from the registration statement in accordance with Rule
428 under the Securities Act of 1933 and the Note to Part I of Form S-8.

ITEM 2.  REGISTRATION INFORMATION AND EMPLOYEE PLAN ANNUAL INFORMATION.

         Information required by Part I to be contained in the Section 10(a)
Prospectus is omitted from the registration statement in accordance with Rule
428 under the Securities Act of 1933 and the Note to Part I of Form S-8.

ITEM 3.  INCORPORATION OF DOCUMENTS BY REFERENCE

         The Company's Annual Report on Form 10-KSB for the year ended December\
31, 1999 and the Form 10-QSB's for fiscal quarters ended March 31, 2000 and June
30, 2000.

         All documents filed by the Company pursuant to Sections 13(a), 13(c),
14 or 15(d) of the Securities Exchange Act of 1934, as amended, subsequent to
the date hereof and prior to the filing of a post-effective amendment which
indicates that all securities offered hereby have been sold or which
de-registers all securities covered hereby then remaining unsold shall be deemed
to be incorporated by reference herein and to be a part hereof from the date of
filing of such documents, except as to any portion of any future Annual or
Quarterly Report to Stockholders which is deemed to be modified or superseded
for purposes of this Registration Statement to the extent that such statement is
replaced or modified by a statement contained in a subsequently dated document
incorporated by reference or contained in this Registration Statement.

ITEM 4.  DESCRIPTION OF SECURITIES

         Securities are registered under Section 12(g) of the Exchange Act.

ITEM 5.  INTERESTS OF NAMED EXPERTS AND COUNSEL NOT APPLICABLE

         Not Applicable

                                        2
3

ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS:

         Article 2.02-1 of the Texas Business Corporation Act (the "Act")
provides that a corporation may indemnify its present or former directors,
officers, employees, agents and other persons in accordance with the procedure
contained in the Act.

         The Company's Articles of Incorporation provide: "Each Director and
officer or Former Director or officer or any person who may have served at the
request of this corporation as a Director or officer of another corporation in
which this corporation owns shares of capital stock or of which this corporation
is a creditor (and their heirs, executors, and administrators) may be
indemnified by the corporation against reasonable costs and expenses incurred by
him in connection with any action, suit, or proceeding to which he may be made a
party by reason of his being or having been such Director or officer, except in
relation to any actions, suits, or proceedings in which he has been adjudged
liable because of willful misfeasance, bad faith, gross negligence, or reckless
disregard of the duties involved in the conduct of his office, or in the event
of a settlement, each Director and officer (and his heirs, executors, and
administrators) may be indemnified by the corporation against payments made,
including reasonable costs and expenses, provided that such indemnity shall be
conditioned upon the prior determination by a resolution of two-thirds (2/3) of
those members of the Board of Directors of the corporation who are not involved
in the action, suit, or proceeding that the Director or officer has no liability
by reason of willful misfeasance, bad faith, gross negligence, or reckless
disregard of the duties involved in the conduct of his office, and proved
further that if a majority of the members of the Board of Directors of the
corporation are involved in the action, suit, or proceedings, such determination
shall have been made by a written opinion of independent counsel. Amount paid in
settlement shall not exceed costs, fees, and expenses which would have been
reasonable incurred if the action, suit, or proceeding had been litigated to a
conclusion. Such a determination by the Board of Directors, or by independent
counsel, and the payments of amounts by the corporation on the basis thereof
shall not prevent a shareholder from challenging such indemnification by
appropriate legal proceedings on the grounds that the person indemnified was
liable to the corporation or its security holders by reason of willful
misfeasance, bad faith, gross negligence, or reckless disregard of the duties
involved in the conduct of his office. The foregoing rights and indemnification
shall not be exclusive of any other rights to which the officers and Directors
may be entitled according to law."

         The Company's By-Laws provide: "The Corporation shall indemnify its
present or former Directors and officers, employees, agents and other persons to
the fullest extent permissible by, and in accordance with the procedures
contained in, Article 2.02-1 of the Texas Business Corporation Act. Such
indemnification shall not be deemed to be exclusive of any other rights to which
a director, officer, agent or other person may be entitled, consistent with law,
under any provision of the Articles or Incorporation or By-Laws of the
Corporation, any general or specific action of the Board of Directors, the terms
of any contract, or as many be permitted or required by common law."

                                        3
4

ITEM 7.  EXEMPTION FROM REGISTRATION CLAIMED

         Not Applicable.

ITEM 8.  EXHIBITS

         The following is a list of exhibits filed as part of the Registration
Statement:

         5.1  Opinion of Carmine J. Bua, III, Esq. regarding the legality of the
              securities registered hereunder.

         23.1 Consent of Crouch Bierwolf & Chisholm, Certified Public
              Accountants.

         23.2 Consent of Counsel (included as part of Exhibit 5.1).

ITEM 9.  UNDERTAKINGS

         (a)  The undersigned registrant hereby undertakes:

              (1)  To file, during any period in which offers or sales are being
                   made, a post-effective amendment to this registration
                   statement:

                   (i)   To include any prospectus required by Section 10(a)(3)
                         of the Securities Act of 1933;

                   (ii)  To reflect in the prospectus any facts or events
                         arising after the effective date of the registration
                         statement (or the most recent post-effective amendment
                         thereof) which, individually or in the aggregate,
                         represent a fundamental change in the information set
                         forth in the registration statement. Notwithstanding
                         the foregoing, any increase or decrease in volume of
                         securities offered (if the total dollar value of
                         securities offered would not exceed that which was
                         registered) and any deviation from the low or high end
                         of the estimated maximum offering range may be
                         reflected in the form of prospectus filed with the
                         Commission pursuant to Rule 424(b) if, in the
                         aggregate, the changes in volume and price represent no
                         more than a 20 percent change in the maximum aggregate
                         offering price set forth in the "Calculation of
                         Registration Fee" table in the effective registration
                         statement.

                   (iii) To include any material information with respect to the
                         plan of distribution not previously disclosed in the
                         registration statement or any material change to such
                         information in the registration statement;

                                        4
5
provided, however, that paragraphs (1)(a)(i) and (1)(a)(ii) do not apply if the
registration statement is on Form S-3, Form S-8 or Form F-3, and the information
required to be included in a post-effective amendment by those paragraphs is
contained in periodic reports filed with or furnished to the Commission by the
registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange
Act of 1934 that are incorporated by reference in the registration statement.

              (2)  That, for the purpose of determining any liability under the
                   Securities Act of 1933, each such post-effective amendment
                   shall be deemed to be a new registration statement relating
                   to the securities offered therein, and the offering of such
                   securities at that time shall be deemed to be the initial
                   bona fide offering thereof.

              (3)  To remove from registration by means of a post-effective
                   amendment any of the securities being registered which remain
                   unsold at the termination of the offering.

         (b)  The undersigned registrant hereby undertakes that, for purposes of
determining a liability under the Securities Act of 1933, each filing of the
registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to Section 15(d) of the
Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.

         (c)  Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers, and controlling
persons of the registrant pursuant to the foregoing provisions, or otherwise,
the registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer or controlling
person of the registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Act and will
be governed by the final adjudication of such issue.

                                       5
6

                                   SIGNATURES

         THE REGISTRANT. Pursuant to the requirements of the Securities Act of
1933, the registrant certifies that it has reasonable grounds to believe that it
meets all the requirements for filing on Form S-8 and has duly caused this
registration statement to be signed on its behalf of the undersigned, thereunto
duly authorized, in the City of Vancouver, British Columbia, on August 22, 2000.

                                          NET MASTER CONSULTANTS, INC.

                                          BY:  /s/ Nora Coccaro
                                               ---------------------------------
                                               NORA COCCARO
                                               President and
                                               Chief Executive Officer

         Pursuant to the requirements of the Securities Act of 1933, this
registration statement has been signed below by the following persons in the
capacities and on the dates indicated.
SIGNATURE                              TITLE                          DATE
---------             ---------------------------------------    ---------------
/s/ Nora Coccaro     Chairman of the Board                      August 22, 2000
------------------    President, Chief Executive Officer, and
NORA COCCARO          Treasurer (Principal Financial and
                      Accounting Officer) and Secretary
6
7

                               INDEX TO EXHIBITS
SEQUENTIALLY
EXHIBIT NUMBER    DESCRIPTION
--------------    --------------------------------------
5.1              Opinion of Carmine J. Bua, III, Esq. regarding legality of the
                  securities registered hereunder.

23.1              Consent of Crouch, Bierwolf & Chisholm, Certified Public
                  Accounts.

23.2              Consent of Counsel (included as part of Exhibit 5.1.
7