content: <PAGE>
  
                       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 (Date of earliest event reported): September 14, 1999
  
  
  
                                 SOLOPOINT, INC.
               (Exact Name of Registrant as Specified in Charter)
  
  
  
          California                   0-21037                  77-0337580
          ----------                   -------                  ----------
  (State or Other Jurisdiction  (Commission File Number)     (I.R.S. Employer
        of Incorporation)                                   Identification No.)
  
  
                               130-B Knowles Drive
                               Los Gatos, CA 95032
          (Address of principal executive offices, including zip code)
  
                                 (408) 364-8850
              (Registrant's telephone number, including area code)
  <PAGE>
  
                                INTRODUCTORY NOTE
  
  On September 13, 1999 SoloPoint, Inc. (the "Company") completed a private
  placement of 2,904,829 shares of its Common Stock (the "Private Placement")
  which resulted in net proceeds to the Company of approximately $3,100,000. The
  attached proforma condensed balance sheet at September 14, 1999 reflects the
  issuance of the Common Stock in the Private Placement and the receipt by the
  Company of the net proceeds therefrom.
  
  
  ITEM 1. CHANGE OF CONTROL
  
  Effective September 13, 1999 the Company sold 2,904,829 shares of its Common
  Stock at a price of $1.0844 per share to a group of investors including certain
  directors and a lead investor venture capital organization. In connection with
  the issuance of the shares the Company agreed to issue 1,300,000 warrants at a
  price of $3.00 per share. The warrants shall be exercisable during the 18 month
  period commencing September 13, 1999. As of the closing of the financing,
  September 13, 1999, the lead investor will currently own approximately 46% of
  the issued and outstanding shares of Common Stock of the Company.
  
  
  ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
  
          (b)  PRO FORMA FINANCIAL INFORMATION (UNAUDITED)
  
  The following unaudited pro forma financial statements are provided for
  informational purposes only. The pro forma financial statements are based on
  the historical financial statements and the notes thereto of Registrant. These
  pro forma financial statements should be read in conjunction with the
  historical consolidated financial statements and the related notes thereto of
  Registrant:
  <PAGE>
  
                                  SOLOPOINT, INC.
                           (A DEVELOPMENT STAGE COMPANY)
  
                              CONDENSED BALANCE SHEET
                               (PROFORMA-UNAUDITED)
  
  <TABLE>
  <CAPTION>
                                                                      July 31,                                   Proforma
                                                                        1999             Adjustments             9/14/99
                                                                  -----------------     ---------------    -------------------
  <S>                                                             <C>                   <C>                <C>
  Current assets:
                Cash                                                     $ 198,851          $3,150,000            $ 3,348,851
                Accounts receivable, net                                   217,319                                    217,319
                Inventories                                                282,857                                    282,857
                Other current assets                                        66,186                                     66,186
  total current assets                                                     765,213                                  3,915,213
  
  Furniture and equipment, at cost:
                Computers and software                                     282,696                                    282,696
                Furniture and fixtures                                     284,963                                    284,963
                Accumulated depreciation and amortization                 (463,177)                                  (463,177)
  
  other non-current assets                                                  87,997             (50,000)                37,997
  
  Total assets                                                           $ 957,692                                $ 4,057,692
  
  
  Current liabilities:
                Accounts payable                                         $ 882,143                                  $ 882,143
                Accrued compensation                                        19,533                                     19,533
                Other accrued liabilities                                   29,463                                     29,463
                Notes payable, current portion                              36,720                                     36,720
  Total current liabilities                                                967,859                                    967,859
  
  Notes payable, non-current portion                                        22,865                                     22,865
  
  Shareholders' equity:
                Common stock                                            15,956,449           3,100,000             19,056,449
                Deficit accumulated during the development stage       (15,929,711)                               (15,929,711)
                Notes payable from shareholders                            (59,770)                                   (59,770)
  Total shareholders' equity                                               (33,032)                                 3,066,968
  
  Total liabilities and shareholders' equity                             $ 957,692                                $ 4,057,692
  </TABLE>
  
  Note: The $3,150,000 adjustment to cash is the financing funds being released
        from Escrow on 9/13/99 for sale of Common Stock
        Adjustment of $50,000 from non-current assets is recording of prepaid
        expenses associated with financing
        Adjustment of $3,100,000 is the net impact of the sale of Common Stock
  
  
                                    SIGNATURES
  
       Pursuant to the requirements of the Securities and Exchange Act of 1034,
  the Registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
                                                  SOLOPOINT, INC.
  
                                                  By: /s/ Arthur G. Chang
                                                  ---------------------------
                                                  Arthur G. Chang
  Dated:  14-Sep-99
metadata_documents: [{"type": "8-K", "sequence": "1", "description": "FORM 8-K", "secsgml_size_bytes": 6986}]
metadata_filer: {"company-data": {"conformed-name": "SOLOPOINT INC", "cik": "0001017545", "assigned-sic": "3669", "irs-number": "770337580", "state-of-incorporation": "CA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-21037", "film-number": "99711855"}, "business-address": {"street1": "130-B KNOWLES DR", "city": "LOS GATOS", "state": "CA", "zip": "95030", "phone": "4083648850"}, "mail-address": {"street1": "130-B KNOWLES", "city": "LOS GATOS", "state": "CA", "zip": "95030"}}
text: 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 (Date of earliest event reported): September 14, 1999
  
                                 SOLOPOINT, INC.
               (Exact Name of Registrant as Specified in Charter)
  
          California                   0-21037                  77-0337580
          ----------                   -------                  ----------
  (State or Other Jurisdiction  (Commission File Number)     (I.R.S. Employer
        of Incorporation)                                   Identification No.)
  
                               130-B Knowles Drive
                               Los Gatos, CA 95032
          (Address of principal executive offices, including zip code)
  
                                 (408) 364-8850
              (Registrant's telephone number, including area code)
  INTRODUCTORY NOTE
  
  On September 13, 1999 SoloPoint, Inc. (the "Company") completed a private
  placement of 2,904,829 shares of its Common Stock (the "Private Placement")
  which resulted in net proceeds to the Company of approximately $3,100,000. The
  attached proforma condensed balance sheet at September 14, 1999 reflects the
  issuance of the Common Stock in the Private Placement and the receipt by the
  Company of the net proceeds therefrom.
  
  ITEM 1. CHANGE OF CONTROL
  
  Effective September 13, 1999 the Company sold 2,904,829 shares of its Common
  Stock at a price of $1.0844 per share to a group of investors including certain
  directors and a lead investor venture capital organization. In connection with
  the issuance of the shares the Company agreed to issue 1,300,000 warrants at a
  price of $3.00 per share. The warrants shall be exercisable during the 18 month
  period commencing September 13, 1999. As of the closing of the financing,
  September 13, 1999, the lead investor will currently own approximately 46% of
  the issued and outstanding shares of Common Stock of the Company.
  
  ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
  
          (b)  PRO FORMA FINANCIAL INFORMATION (UNAUDITED)
  
  The following unaudited pro forma financial statements are provided for
  informational purposes only. The pro forma financial statements are based on
  the historical financial statements and the notes thereto of Registrant. These
  pro forma financial statements should be read in conjunction with the
  historical consolidated financial statements and the related notes thereto of
  Registrant:
  SOLOPOINT, INC.
                           (A DEVELOPMENT STAGE COMPANY)
  
                              CONDENSED BALANCE SHEET
                               (PROFORMA-UNAUDITED)
  July 31,                                   Proforma
                                                                        1999             Adjustments             9/14/99
                                                                  -----------------     ---------------    -------------------
  Current assets:
                Cash                                                     $ 198,851          $3,150,000            $ 3,348,851
                Accounts receivable, net                                   217,319                                    217,319
                Inventories                                                282,857                                    282,857
                Other current assets                                        66,186                                     66,186
  total current assets                                                     765,213                                  3,915,213
  
  Furniture and equipment, at cost:
                Computers and software                                     282,696                                    282,696
                Furniture and fixtures                                     284,963                                    284,963
                Accumulated depreciation and amortization                 (463,177)                                  (463,177)
  
  other non-current assets                                                  87,997             (50,000)                37,997
  
  Total assets                                                           $ 957,692                                $ 4,057,692
  
  Current liabilities:
                Accounts payable                                         $ 882,143                                  $ 882,143
                Accrued compensation                                        19,533                                     19,533
                Other accrued liabilities                                   29,463                                     29,463
                Notes payable, current portion                              36,720                                     36,720
  Total current liabilities                                                967,859                                    967,859
  
  Notes payable, non-current portion                                        22,865                                     22,865
  
  Shareholders' equity:
                Common stock                                            15,956,449           3,100,000             19,056,449
                Deficit accumulated during the development stage       (15,929,711)                               (15,929,711)
                Notes payable from shareholders                            (59,770)                                   (59,770)
  Total shareholders' equity                                               (33,032)                                 3,066,968
  
  Total liabilities and shareholders' equity                             $ 957,692                                $ 4,057,692
  Note: The $3,150,000 adjustment to cash is the financing funds being released
        from Escrow on 9/13/99 for sale of Common Stock
        Adjustment of $50,000 from non-current assets is recording of prepaid
        expenses associated with financing
        Adjustment of $3,100,000 is the net impact of the sale of Common Stock
  
                                    SIGNATURES
  
       Pursuant to the requirements of the Securities and Exchange Act of 1034,
  the Registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
                                                  SOLOPOINT, INC.
  
                                                  By: /s/ Arthur G. Chang
                                                  ---------------------------
                                                  Arthur G. Chang
  Dated:  14-Sep-99