content: 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): July 14, 2003
  
                                 MANGOSOFT, INC.
                                 ---------------
              (Exact Name of Registrant as Specified in its Charter)
  
       NEVADA                         0-30781                     87-0543565
       ------                         -------                     ----------
  (State or Other            (Commission File Number)          (I.R.S. Employer
  Jurisdiction of                                             Identification No.)
   incorporation)
  
  
              12 PINE STREET EXTENSION, NASHUA, NEW HAMPSHIRE 03060
              -----------------------------------------------------
                     (Address of Principal Executive Offices)
  
        Registrant's telephone number, including area code: (888) 886-2646
  
  
  
  <PAGE>
  
  
  ITEM 5.  OTHER EVENTS.
  
        On July 14, 2003, MangoSoft, Inc. (the "Company") amended the Rights
  Agreement, dated as of March 14, 2003, between the Company and Interwest
  Transfer Co., Inc., as Rights Agent (the "Rights Agreement"), increasing the
  initial exercise price thereunder from $125.00 per Right (as defined in the
  Rights Agreement) to $250.00 per Right.
  
        Amendment No. 1 to the Rights Agreement is filed as an exhibit hereto
  and is hereby incorporated by reference.
  
  ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
  
        (c) Exhibits.
  
        Exhibit 4.2       Amendment No. 1 to Rights Agreement, dated as of
  March 14, 2003, between MangoSoft, Inc. and Interwest Transfer Co., Inc.
  
  
  
  <PAGE>
  
                                    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.
  
                                        MANGOSOFT, INC.
  
  
                                        By: /S/ Dale Vincent
                                            ------------------------------
                                            Dale Vincent
                                            Chief Executive Officer
  
  July 14, 2003
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "e134368v2.txt", "secsgml_size_bytes": 2433}]
metadata_filer: {"company-data": {"conformed-name": "MANGOSOFT INC", "cik": "0000947969", "assigned-sic": "7373", "irs-number": "870543565", "state-of-incorporation": "NV", "fiscal-year-end": "0517"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-30781", "film-number": "03791631"}, "business-address": {"street1": "1500 W PARK DR", "street2": "STE 190", "city": "WESTBOROUGH", "state": "MA", "zip": "01581", "phone": "5088717300"}, "mail-address": {"street1": "1500 WEST PARK DRIVE", "street2": "SUITE 190", "city": "WESTBOROUGH", "state": "MA", "zip": "01581"}, "former-company": {"former-conformed-name": "FIRST AMERICAN CLOCK CO", "date-changed": "19950712"}}
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): July 14, 2003
  
                                 MANGOSOFT, INC.
                                 ---------------
              (Exact Name of Registrant as Specified in its Charter)
  
       NEVADA                         0-30781                     87-0543565
       ------                         -------                     ----------
  (State or Other            (Commission File Number)          (I.R.S. Employer
  Jurisdiction of                                             Identification No.)
   incorporation)
  
              12 PINE STREET EXTENSION, NASHUA, NEW HAMPSHIRE 03060
              -----------------------------------------------------
                     (Address of Principal Executive Offices)
  
        Registrant's telephone number, including area code: (888) 886-2646
  ITEM 5.  OTHER EVENTS.
  
        On July 14, 2003, MangoSoft, Inc. (the "Company") amended the Rights
  Agreement, dated as of March 14, 2003, between the Company and Interwest
  Transfer Co., Inc., as Rights Agent (the "Rights Agreement"), increasing the
  initial exercise price thereunder from $125.00 per Right (as defined in the
  Rights Agreement) to $250.00 per Right.
  
        Amendment No. 1 to the Rights Agreement is filed as an exhibit hereto
  and is hereby incorporated by reference.
  
  ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
  
        (c) Exhibits.
  
        Exhibit 4.2       Amendment No. 1 to Rights Agreement, dated as of
  March 14, 2003, between MangoSoft, Inc. and Interwest Transfer Co., Inc.
  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.
  
                                        MANGOSOFT, INC.
  
                                        By: /S/ Dale Vincent
                                            ------------------------------
                                            Dale Vincent
                                            Chief Executive Officer
  
  July 14, 2003