VIANET Technology Group, Ltd (VTGL)

[ScovilleUnits]

What the ??? - TGLC?

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3590545

Item 1.02 - TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT

As previously reported by Tradestream Global Corp. (formerly Vianet Technology Group Limited) ("Registrant") through news releases on July 1, 2005 and July 7, 2005, and a Current Report on Form 8K filed on July 7, 2005, the Registrant had entered into an agreement of merger with Vianet Direct, Inc., with the transaction being subject to the execution and approval of a definitive merger agreement as well as certain closing conditions and due diligence requirements.

As the Registrant and Vianet Direct, Inc. were not able to agree upon the definitive terms and conditions of the merger or the due diligence procedures, the Board of Directors of the Registrant, at a Special Meeting held on July 22, 2005, formally approved the decision by Management of the Registrant to terminate such merger negotiations with Vianet Direct, Inc., and the Registrant is currently proceeding with negotiations with other prospective merger or acquisition candidates.


ITEM 5.03 - AMENDMENTS TO ARTICLES OF INCORPORATION OR BY-LAWS

The Registrant has amended its Certificate of Incorporation to change its name to Tradestream Global Corp. effective immediately. The Registrant's new OTC trading symbol as of Thursday, July 28, 2005 is "TGLC".