Xfone 8-K
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
Exchange Act of 1934
Date
of
Report (Date of earliest event reported): October
14, 2005
XFONE,
INC.
(Exact
name of registrant as specified in its charter)
Nevada
(State
or
other jurisdiction of incorporation or organization)
Commission
File No. 333-67232
11-3618510
(I.R.S.
Employer Identification Number)
960
High Road
London
N12 9RY, United Kingdom
(Address
of principal executive offices) (Zip Code)
011.44.8451087777
(Registrant’s
telephone number, including area code)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
oWritten
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
oPre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
8.01. Other Events.
The
Registrant's wholly-owned UK based subsidiary, Swiftnet Limited ("Swiftnet")
was
served with a claim on October 14, 2005 that was filed by MCI Worldcom Limited
("MCI") in an English court for the sum of English Sterling Pounds of
1,732,756.74, including interest, for telecommunication services MCI claims
it
provided to Swiftnet.
Swiftnet
has been in dispute with MCI regarding amounts due to MCI for telecommunications
services provided by MCI to Swiftnet and has been conducting discussions and
negotiations with MCI concerning this matter for the last few
months.
Swiftnet
alleges that the disputed charges were improperly billed by MCI to its
account for a long time and therefore MCI should credit Swiftnet for
a
certain amount of the claim.
Swiftnet's
financial statements have for some time carried the full amount due to MCI
based
on the invoices issued by MCI, as well as an appropriate provision for the
credit Swiftnet is claiming.
This
Current Report on Form 8-K may contain, among other things, certain
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, including, without limitation, statements with
respect to the Registrant’s plans, objectives, expectations and intentions and
other statements identified by words such as “may”, “could”, “would”, “should”,
“believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans” or similar
expressions. These statements are based upon the current beliefs and
expectations of the Registrant’s management and are subject to significant risks
and uncertainties. Actual results may differ from those set forth in the
forward-looking statements. These forward-looking statements involve certain
risks and uncertainties that are subject to change based on various factors
(many of which are beyond the Registrant’s control).
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.
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Date:
October 17, 2005
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Xfone,
Inc.
By:
/s/
Guy Nissenson
Guy
Nissenson
President
and Chief Executive Officer
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