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 4, 2007
InfoTech USA, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 0-22693 | 11-2889809 |
7 Kingsbridge Road, Fairfield, New Jersey 07004 | ||
Registrant’s telephone number, including area code: (973) 227-8772 |
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 (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry Into a Material Definitive Agreement
Pursuant to a letter dated September 28, 2007, Ingram Micro Inc. (“Ingram”) authorized Wells Fargo Bank, N.A. (“Wells Fargo”) to terminate the $250,000 line of credit issued in favor of InfoTech USA, Inc., a Delaware corporation (the “Company”), a copy of which has previously been publicly filed by the Company. A copy of the termination agreement is filed as Exhibit 10.1 to this Current Report on Form 8-K. Wells Fargo acknowledged the termination on October 1, 2007. The outstanding line of credit remaining between the company and Ingram is in the amount of $250,000.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
10.1 Letter dated September 28, 2007, from Ingram Micro Inc. to InfoTech USA, Inc. |
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.
| INFOTECH USA, INC. | |
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| By: | /s/ J. Robert Patterson |
| Name: | J. Robert Patterson |
| Title: | Vice President, Chief Financial Officer, Secretary, |
Dated: October 4, 2007
INDEX TO EXHIBITS
Exhibit Number | Description |
10.1 | Letter dated September 28, 2007, from Ingram Micro Inc. to InfoTech USA, Inc. |