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)   February 15, 2001
                                                   -----------------

                            U.S. DATA AUTHORITY, INC.
               ---------------------------------------------------
               (Exact name of Company as specified in its charter)



       Florida                          000-28251                65-0693150
----------------------------       -----------------         -------------------
(State or other jurisdiction       (Commission File            (IRS Employer
 or incorporation)                     Number)               Identification No.)



        3500 NW Boca Raton Boulevard, Building 811, Boca Raton, Florida 33431
        ---------------------------------------------------------------------
          (Address of principal executive offices, including zip code)


Company's telephone number, including area code      (561) 368-0032
                                                     --------------


          (Former name or former address, if changed since last report)





<PAGE>

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

         On February  15, 2001,  pursuant to two  Subscription  Agreements,  the
Company  raised  $250,000  through  the  issuance  of one year  10%  Convertible
Debentures (the  "Debentures") to the Company's Chief Executive  Officer and its
Chairman of the Board, respectively. Interest on the Debentures shall be paid in
monthly  installments.  The principal and interest due under the  Debentures may
not be  prepaid  by the  Company.  The  principal  and  interest  due  under the
Debentures shall be convertible, at the option of the holder, into shares of the
Company's newly designated  Class A Convertible  Preferred Stock (the "Preferred
Stock")  for $.20 per  share.  Holders of the  Preferred  Stock (i) shall not be
entitled to receive  dividends with respect to their Preferred Stock, (ii) shall
have no preference on liquidation  with respect to their  Preferred  Stock,  and
(iii)  shall be  entitled  to ten (10) votes for each share of  Preferred  Stock
held,  on all matters  submitted to a vote of the  shareholders  of the Company.
Each share of Preferred Stock shall be  automatically  converted into 1 share of
the  Company's  common  stock,  par value $.02 per share  ("Common  Stock"),  on
February 15, 2004 (subject to standard  anti-dilution  provisions).  The Company
shall have no right to redeem the shares of Preferred Stock.

         Upon  conversion of the Debentures in full, Mr. Shamy would have 37.79%
of the votes on any matter submitted to a vote of the Company's shareholders.

         The foregoing  summary of the Subscription  Agreements,  Debentures and
Articles  of  Amendment  to  the  Articles  of   Incorporation  of  the  Company
designating the Preferred Stock is qualified in its entirety by reference to the
actual agreements and documents filed with this Report on Form 8-K.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
        -------------------------------------------------------------------

      (a)    Financial Statements and Pro Forma Financial Information

             None.

      (b)    Exhibits.

             3.1  Articles of Amendment to  the Articles of Incorporation of the
                  Company designating the Preferred Stock,  dated March 2, 2001.

             10.1 Subscription  Agreement dated February 15, 2000 by and between
                  the Company and Joseph Shamy.

             10.2 Subscription  Agreement dated February 15, 2000 by and between
                  the Company and David P. Lonski.



<PAGE>



             10.3 Convertible  Promissory Note  dated February 15, 2001 from the
                  Company to Joseph Shamy.

             10.4 Convertible  Promissory  Note dated February 15, 2001 from the
                  Company to David P. Lonski.




<PAGE>

                                    SIGNATURE

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

                                                     U.S. DATA AUTHORITY, INC.


                                                     By: /s/ Joseph Shamy
                                                     ---------------------------
                                                     Joseph Shamy
                                                     Its C.E.O. and President

Dated: March 2, 2001
[{"type": "8-K", "sequence": "1", "filename": "0001.txt", "description": "8-K", "secsgml_size_bytes": 4904}]
{"company-data": {"conformed-name": "US DATA AUTHORITY INC", "cik": "0001022962", "assigned-sic": "7011", "irs-number": "650693150", "state-of-incorporation": "FL", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-28251", "film-number": "1562144"}, "business-address": {"street1": "3500 NW BOCA RATON BLVD", "street2": "BUILDING 811", "city": "BOCA RATON", "state": "FL", "zip": "33431", "phone": "9549226070"}, "mail-address": {"street1": "3500 NW BOCA RATON BLVD", "street2": "BUILDING 811", "city": "BOCA RATON", "state": "FL", "zip": "33431"}, "former-company": {"former-conformed-name": "SUNVEST RESORTS INC", "date-changed": "19990223"}}
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)   February 15, 2001
                                                   -----------------

                            U.S. DATA AUTHORITY, INC.
               ---------------------------------------------------
               (Exact name of Company as specified in its charter)

       Florida                          000-28251                65-0693150
----------------------------       -----------------         -------------------
(State or other jurisdiction       (Commission File            (IRS Employer
 or incorporation)                     Number)               Identification No.)

        3500 NW Boca Raton Boulevard, Building 811, Boca Raton, Florida 33431
        ---------------------------------------------------------------------
          (Address of principal executive offices, including zip code)

Company's telephone number, including area code      (561) 368-0032
                                                     --------------

          (Former name or former address, if changed since last report)
Item 5.  Other Events.
         ------------

         On February  15, 2001,  pursuant to two  Subscription  Agreements,  the
Company  raised  $250,000  through  the  issuance  of one year  10%  Convertible
Debentures (the  "Debentures") to the Company's Chief Executive  Officer and its
Chairman of the Board, respectively. Interest on the Debentures shall be paid in
monthly  installments.  The principal and interest due under the  Debentures may
not be  prepaid  by the  Company.  The  principal  and  interest  due  under the
Debentures shall be convertible, at the option of the holder, into shares of the
Company's newly designated  Class A Convertible  Preferred Stock (the "Preferred
Stock")  for $.20 per  share.  Holders of the  Preferred  Stock (i) shall not be
entitled to receive  dividends with respect to their Preferred Stock, (ii) shall
have no preference on liquidation  with respect to their  Preferred  Stock,  and
(iii)  shall be  entitled  to ten (10) votes for each share of  Preferred  Stock
held,  on all matters  submitted to a vote of the  shareholders  of the Company.
Each share of Preferred Stock shall be  automatically  converted into 1 share of
the  Company's  common  stock,  par value $.02 per share  ("Common  Stock"),  on
February 15, 2004 (subject to standard  anti-dilution  provisions).  The Company
shall have no right to redeem the shares of Preferred Stock.

         Upon  conversion of the Debentures in full, Mr. Shamy would have 37.79%
of the votes on any matter submitted to a vote of the Company's shareholders.

         The foregoing  summary of the Subscription  Agreements,  Debentures and
Articles  of  Amendment  to  the  Articles  of   Incorporation  of  the  Company
designating the Preferred Stock is qualified in its entirety by reference to the
actual agreements and documents filed with this Report on Form 8-K.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
        -------------------------------------------------------------------

      (a)    Financial Statements and Pro Forma Financial Information

             None.

      (b)    Exhibits.

             3.1  Articles of Amendment to  the Articles of Incorporation of the
                  Company designating the Preferred Stock,  dated March 2, 2001.

             10.1 Subscription  Agreement dated February 15, 2000 by and between
                  the Company and Joseph Shamy.

             10.2 Subscription  Agreement dated February 15, 2000 by and between
                  the Company and David P. Lonski.
10.3 Convertible  Promissory Note  dated February 15, 2001 from the
                  Company to Joseph Shamy.

             10.4 Convertible  Promissory  Note dated February 15, 2001 from the
                  Company to David P. Lonski.
SIGNATURE

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

                                                     U.S. DATA AUTHORITY, INC.

                                                     By: /s/ Joseph Shamy
                                                     ---------------------------
                                                     Joseph Shamy
                                                     Its C.E.O. and President

Dated: March 2, 2001