UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                      Pursuant to Sections 13 or 15(d) of
                    The Securities and Exchange Act of 1934

--------------------------------------------------------------------------------
     Date of Report (Date of earliest event reported): November 18th, 1997
--------------------------------------------------------------------------------

                         WAVERIDER COMMUNICATIONS INC.
               (Exact name of registrant as specified in charter)

                                     NEVADA
         (State or other jurisdiction of incorporation or organization)

               0-25680                           33-0264030
      (Commission File Number)    (I.R.S. Employer Identification Number)

              204-595 Howe Street, Vancouver, BC., Canada, V6C 2T5
             (Address of Principal Executive Offices and Zip Code)

                                 (604) 482-1211
              (Registrant's telephone number, including area code)

         700-555 West Hastings Street, Vancouver, BC., Canada, V6B 4N5
         (Former name or former address, if changed since last report)

--------------------------------------------------------------------------------

<PAGE>


Item 5.   Other Events

On November 18th, 1997 the Board appointed Bruce Sinclair as the Chief Executive
Officer of the Company.
On December 15th, 1997, the resignations of Charlie Rodriguez, Robert Clarke and
Walter  Pickering as Directors of the Company were received and  accepted.  They
were replaced on the Board of Directors by Bruce Sinclair,  William E. Krebs and
William  Laird.  On the same date Robert  Clarke  resigned as  President  of the
Company and Walter  Pickering  resigned as Secretary.  The Board appointed Bruce
Sinclair as President of the Company and William E. Krebs as Secretary. All such
appointments  shall be effective  until the next annual  meeting  unless  sooner
terminated pursuant to the By-laws of the Company.
The said  resignations were not submitted as a result of a disagreement with the
Company but were submitted and the subsequent  appointments were made as part of
the on-going reorganization plans of the Company.

On December  1st,  1997 the Company moved it's  principal  executive  offices to
Suite 204, 595 Howe Street, Vancouver, B.C., V6C 2T5. The Company's phone number
has remained the same.


Signatures:

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly caused this current  report on Form 8-k to be signed on its
behalf by the undersigned thereunto duly authorized.


Dated:  December 15th, 1997
                                                 WaveRider Communications Inc.

                                        Per: /s/ Bruce Sinclair
                                                 -------------------------
                                                 Bruce Sinclair, President
[{"type": "8-K", "sequence": "1", "description": "CURRENT REPORT", "secsgml_size_bytes": 3085}]
{"company-data": {"conformed-name": "WAVERIDER COMMUNICATIONS INC", "cik": "0000844053", "assigned-sic": "6770", "irs-number": "330264030", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-25680", "film-number": "98528452"}, "business-address": {"street1": "700-555 WEST HASTINGS STREET", "city": "VANCOUVER B C CANADA", "state": "A1", "zip": "00000", "phone": "6044821211"}, "former-company": [{"former-conformed-name": "CHANNEL I INC", "date-changed": "19950324"}, {"former-conformed-name": "CHANNEL I LTD", "date-changed": "19931119"}, {"former-conformed-name": "ATHENA VENTURES INC", "date-changed": "19920703"}]}
UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                      Pursuant to Sections 13 or 15(d) of
                    The Securities and Exchange Act of 1934

--------------------------------------------------------------------------------
     Date of Report (Date of earliest event reported): November 18th, 1997
--------------------------------------------------------------------------------

                         WAVERIDER COMMUNICATIONS INC.
               (Exact name of registrant as specified in charter)

                                     NEVADA
         (State or other jurisdiction of incorporation or organization)

               0-25680                           33-0264030
      (Commission File Number)    (I.R.S. Employer Identification Number)

              204-595 Howe Street, Vancouver, BC., Canada, V6C 2T5
             (Address of Principal Executive Offices and Zip Code)

                                 (604) 482-1211
              (Registrant's telephone number, including area code)

         700-555 West Hastings Street, Vancouver, BC., Canada, V6B 4N5
         (Former name or former address, if changed since last report)

--------------------------------------------------------------------------------
Item 5.   Other Events

On November 18th, 1997 the Board appointed Bruce Sinclair as the Chief Executive
Officer of the Company.
On December 15th, 1997, the resignations of Charlie Rodriguez, Robert Clarke and
Walter  Pickering as Directors of the Company were received and  accepted.  They
were replaced on the Board of Directors by Bruce Sinclair,  William E. Krebs and
William  Laird.  On the same date Robert  Clarke  resigned as  President  of the
Company and Walter  Pickering  resigned as Secretary.  The Board appointed Bruce
Sinclair as President of the Company and William E. Krebs as Secretary. All such
appointments  shall be effective  until the next annual  meeting  unless  sooner
terminated pursuant to the By-laws of the Company.
The said  resignations were not submitted as a result of a disagreement with the
Company but were submitted and the subsequent  appointments were made as part of
the on-going reorganization plans of the Company.

On December  1st,  1997 the Company moved it's  principal  executive  offices to
Suite 204, 595 Howe Street, Vancouver, B.C., V6C 2T5. The Company's phone number
has remained the same.

Signatures:

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly caused this current  report on Form 8-k to be signed on its
behalf by the undersigned thereunto duly authorized.

Dated:  December 15th, 1997
                                                 WaveRider Communications Inc.

                                        Per: /s/ Bruce Sinclair
                                                 -------------------------
                                                 Bruce Sinclair, President