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, 2011
AXCESS INTERNATIONAL INC.
(Exact name of registrant as specified in its charter)
Delaware |
| 0-11933 |
| 85-0294536 |
(State or other jurisdiction |
| (Commission File Number) |
| (I.R.S. Employer |
of incorporation) |
|
|
| Identification No.) |
16650 Westgrove Drive, Suite 600, Addison, Texas |
| 75001 |
(Address of principal executive offices) |
| (Zip Code) |
Registrant’s telephone number, including area code (972) 407-6080
Former Address: 3208 Commander Drive, Carrollton, Texas |
| 75006 |
(Former address of principal executive offices) |
| (Zip 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:
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 8.01 Other Events.
On February 15, 2011 and February 28, 2011 Axcess International Inc. (“AXCESS” or the “Company”) failed to pay all of its employees due to a lack of operating capital. The Company intends to pay all of its employees. Investment capital has been committed by multiple current investors but has been delayed in being provided. There can be no assurance that it will be provided.
Signature
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.
| AXCESS INTERNATIONAL, INC. | |
| (Registrant) | |
|
| |
|
| |
March 1, 2011 |
| /s/ ALLAN GRIEBENOW |
(Date) | Allan Griebenow | |
| President and Chief Executive Officer | |
