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): June 28, 2012
ABAKAN INC.
(Exact name of registrant as specified in its charter)
Nevada
000-52784
98-0507522
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)
2665 S. Bayshore Drive, Suite 450, Miami, Florida 33133
(Address of principal executive offices) (Zip code)
Registrant’s telephone number, including area code: (786) 206-5368
n/a
(Former name or former address, if changed since last report.)
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:
□
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
□
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
□
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
□
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
ITEM 8.01
OTHER EVENTS
On June 21, 2012 Mr. Edward Schneider published an article titled Abakan: An Overvalued Short
Candidate on Seeking Alpha, a website dedicated to offering market analysis and opinions. Mr. Schneider
followed up this article with another dated June 26, 2012 titled Abakan: An Overvalued Short Candidate
(Part II).
Since Mr. Schneider’s articles state that Abakan Inc.’s (the “Company”) share price is overvalued based
on his own erroneous assumptions, misunderstanding of development stage companies, misplaced
comparisons and incorrect factual conclusions, management has determined that it is in the best interests
of its shareholders that the Company set the record straight.
Attached hereto as Exhibit 99 is a copy of that response to be provided to the Company’s shareholders in
connection with the aforesaid articles written by Mr. Schneider.
_____________________________________________________________________________________
ITEM 9.01
FINANCIAL STATEMENTS AND EXHIBITS
_____________________________________________________________________________________
(d)
Exhibits
The exhibits required to be attached by Item 601 of Regulation S-K are filed herewith.
Exhibit No.
Page No.
Description
99
Attached
Management’s Response to Shareholders in Connection with the Edward
Schneider Article of June 21, 2012
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.
Abakan Inc.
Date
By: /s/ Robert H. Miller
June 28, 2012
Name: Robert H. Miller
Title: Chief Executive Officer
2
