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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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): December 31, 2007
REGENT TECHNOLOGIES, INC.
(Exact name of registrant as specified in charter)
Colorado 000-09519 84-0807913
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
6727 Hillcrest Ave., Suite E
Dallas, Texas 75205
(Address of principal executive offices)
(214) 507 9507
(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 (see General Instruction A.2. below):
[ ] 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))
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Item 1.01 Entry into a Material Definitive Agreement.
Litigation Settlement
Regent Technologies, Inc. has settled all outstanding claims regarding the
litigation initiated in November, 2005 by W.T. Leake in the 101st State District
Court of Dallas County against the Company and the stock transfer agent. Under
the terms of the settlement, the Company is granting Leake a total of 100,000
shares of restricted common stock for previously incurred legal fees. Claims
between the Company and the tranfer agent were settled with the payment of
$10,000 to cancel disputed accounts payable for over $32,000.
The Company is also dismissing its counter-claim against 34 defendants which
sought a declaratory judgment for the cancellation of approximately 16,000,000
shares as void for lack of Director approval and failure of consideration.
As of January 1, 2008, the Company has received from the defendants stock
certificates or lost stock certificate notarized resolutions representing a
return of 15,692,338 shares, of which 750,000 shares have been cancelled and
the balance of the shares are held in treasury. The Company plans to seek a
default judgment against one defendant for the recovery of an additional 120,000
voidable shares of common stock.
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.
Date: January 14, 2007
REGENT TECHNOLOGIES, INC.
By: /s/ David A. Nelson
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David A. Nelson
President and Chief Executive Officer