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 ACT OF 1934

       Date of Report (Date of earliest event reported): December 15, 1999

                          TRIPACIFIC DEVELOPMENT CORP.
             (Exact name of registrant as specified in its charter)

                                     Nevada
                            (State of Incorporation)

                                    000-26683
                            (Commission File Number)

                                   98-0204701
                     (I.R.S. Employer Identification Number)

                                   Suite 1500
                             885 West Georgia Street
                           Vancouver, British Columbia
                                     V6C 3E8
          (Address of principal executive offices, including zip code)

                                  (604)687-0717
              (Registrant's telephone Number, including area code)



<PAGE>



                    INFORMATION TO BE INCLUDED IN THE REPORT

ITEM 1.  CHANGES IN CONTROL OF REGISTRANT.

On  October  15,  1999,   seven  corporate   shareholders  and  four  individual
shareholders  reported on Schedule 13D under the  Securities and Exchange Act of
1934 that they had acquired  500,000  common shares of the Issuer or 100% of the
Issuer's issued common shares. Subsequent to the filing of the Schedule 13D, the
share  purchase  agreement  was  rescinded  resulting in the  Issuer's  original
shareholders  maintaining their interest in the Issuer's common shares.  Various
of the Issuer's  original  shareholders  have sold small amounts of the Issuer's
common shares in private  transactions which total less than 10% of the Issuer's
issued share capital.

The Issuer's  original  shareholders  were all party to lock up agreements which
are  described  in detail in the  Issuer's  Form 10SB  which was filed  with the
Securities  and  Exchange  Commission  on July  12,  1999.  The  share  purchase
agreement was entered into in  contemplation  of a business  acquisition  by the
Issuer which would have permitted termination of the original shareholders' lock
up agreements.



<PAGE>



ITEM 2.  ACQUISITION OR DISPOSITION OF ASSETS.

The Issuer has  acquired  the URL  www.fatbid.com.  The URL was  assigned to the
Issuer by a shareholder  at no cost to the Issuer.  The Issuer  proposes to have
current  management develop a business plan based upon this URL and described as
follows:

The  Issuer  is  seeking  to become  positioned  as one of the  fastest  growing
interactive auction companies doing business through the Internet.  The Issuer's
goal  is to be a  real-time  auction  web  site  that  provides  businesses  and
consumers with the opportunity to purchase  products and services securely in an
engaging and entertaining shopping format.

The  Issuer's   mission  is  to  become  a  leading   business-to-business   and
business-to-consumer  Internet  auction  site by  making  customer  service  and
customer  relationships  the primary focus of its business model.  The Issuer is
dedicated  to building  its brand as the auction  site that puts  reputable  and
legitimate sellers in a position to sell fully and accurately described products
and services which will meet the needs and expectations of an informed  customer
base.  The Issuer is creating a  community  that  carefully  screens and selects
vendors,  and protects  buyers with full product  specification  disclosure  and
consumer  education  resources.  The Issuer  will  provide  its  customers  with
information  and  support  services  that are  designed to help them make smart,
informed  buying  decisions in the  Industry's  most consumer  friendly  auction
environment.

The  Issuer  will  specialize  in  providing  leading  business-to-business  and
business-to-consumer  auction  services for brand name consumer  electronics and
computer  products,  and then expand its offerings to include sports memorabilia
and other products.  The Issuer's goal is to offer up to 1,000 products for sale
each week,  during two auction  periods within the first year of operation.  The
Issuer will grow its  business  through  cost-effective  grass  roots  marketing
efforts.  The Issuer has acquired the unique URL www.fatbid.com to achieve these
goals.

The Issuer's initial business purpose was to investigate business  opportunities
presented  to it by  persons  or firms who or which  desire  the  advantages  of
reporting  status under the Securities  Exchange Act of 1934. The Issuer did not
restrict  its  search  to  any  specific  business,  industry,  or  geographical
location.  After  conducting  due  diligence on a number of  potential  business
opportunities  and  corporate  targets  management  of the  Issuer  has made the
decision  to  build an  internet  auction  business  from  the  ground  up using
management's  resources  and access to  capital.  The  Issuer  may also,  in the
future,  acquire  assets  and  or  establish  wholly  owned  subsidiaries  which
compliment the Issuer's evolving business plan.

                                   SIGNATURES

Pursuant to the  requirements  of the  Securities  and Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned.

                                   TRIPACIFIC DEVELOPMENT CORP.

                                   Per:  /s/ Jason John, President and Director
                                        ----------------------------------------
                                            Jason John, President and Director
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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 ACT OF 1934

       Date of Report (Date of earliest event reported): December 15, 1999

                          TRIPACIFIC DEVELOPMENT CORP.
             (Exact name of registrant as specified in its charter)

                                     Nevada
                            (State of Incorporation)

                                    000-26683
                            (Commission File Number)

                                   98-0204701
                     (I.R.S. Employer Identification Number)

                                   Suite 1500
                             885 West Georgia Street
                           Vancouver, British Columbia
                                     V6C 3E8
          (Address of principal executive offices, including zip code)

                                  (604)687-0717
              (Registrant's telephone Number, including area code)
INFORMATION TO BE INCLUDED IN THE REPORT

ITEM 1.  CHANGES IN CONTROL OF REGISTRANT.

On  October  15,  1999,   seven  corporate   shareholders  and  four  individual
shareholders  reported on Schedule 13D under the  Securities and Exchange Act of
1934 that they had acquired  500,000  common shares of the Issuer or 100% of the
Issuer's issued common shares. Subsequent to the filing of the Schedule 13D, the
share  purchase  agreement  was  rescinded  resulting in the  Issuer's  original
shareholders  maintaining their interest in the Issuer's common shares.  Various
of the Issuer's  original  shareholders  have sold small amounts of the Issuer's
common shares in private  transactions which total less than 10% of the Issuer's
issued share capital.

The Issuer's  original  shareholders  were all party to lock up agreements which
are  described  in detail in the  Issuer's  Form 10SB  which was filed  with the
Securities  and  Exchange  Commission  on July  12,  1999.  The  share  purchase
agreement was entered into in  contemplation  of a business  acquisition  by the
Issuer which would have permitted termination of the original shareholders' lock
up agreements.
ITEM 2.  ACQUISITION OR DISPOSITION OF ASSETS.

The Issuer has  acquired  the URL  www.fatbid.com.  The URL was  assigned to the
Issuer by a shareholder  at no cost to the Issuer.  The Issuer  proposes to have
current  management develop a business plan based upon this URL and described as
follows:

The  Issuer  is  seeking  to become  positioned  as one of the  fastest  growing
interactive auction companies doing business through the Internet.  The Issuer's
goal  is to be a  real-time  auction  web  site  that  provides  businesses  and
consumers with the opportunity to purchase  products and services securely in an
engaging and entertaining shopping format.

The  Issuer's   mission  is  to  become  a  leading   business-to-business   and
business-to-consumer  Internet  auction  site by  making  customer  service  and
customer  relationships  the primary focus of its business model.  The Issuer is
dedicated  to building  its brand as the auction  site that puts  reputable  and
legitimate sellers in a position to sell fully and accurately described products
and services which will meet the needs and expectations of an informed  customer
base.  The Issuer is creating a  community  that  carefully  screens and selects
vendors,  and protects  buyers with full product  specification  disclosure  and
consumer  education  resources.  The Issuer  will  provide  its  customers  with
information  and  support  services  that are  designed to help them make smart,
informed  buying  decisions in the  Industry's  most consumer  friendly  auction
environment.

The  Issuer  will  specialize  in  providing  leading  business-to-business  and
business-to-consumer  auction  services for brand name consumer  electronics and
computer  products,  and then expand its offerings to include sports memorabilia
and other products.  The Issuer's goal is to offer up to 1,000 products for sale
each week,  during two auction  periods within the first year of operation.  The
Issuer will grow its  business  through  cost-effective  grass  roots  marketing
efforts.  The Issuer has acquired the unique URL www.fatbid.com to achieve these
goals.

The Issuer's initial business purpose was to investigate business  opportunities
presented  to it by  persons  or firms who or which  desire  the  advantages  of
reporting  status under the Securities  Exchange Act of 1934. The Issuer did not
restrict  its  search  to  any  specific  business,  industry,  or  geographical
location.  After  conducting  due  diligence on a number of  potential  business
opportunities  and  corporate  targets  management  of the  Issuer  has made the
decision  to  build an  internet  auction  business  from  the  ground  up using
management's  resources  and access to  capital.  The  Issuer  may also,  in the
future,  acquire  assets  and  or  establish  wholly  owned  subsidiaries  which
compliment the Issuer's evolving business plan.

                                   SIGNATURES

Pursuant to the  requirements  of the  Securities  and Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned.

                                   TRIPACIFIC DEVELOPMENT CORP.

                                   Per:  /s/ Jason John, President and Director
                                        ----------------------------------------
                                            Jason John, President and Director