SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------------------------------- Form 8-K Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 Date of Report (Date of earliest event reported): February 19, 2004 OCEAN BIO-CHEM, INC. (Exact name of registrant as specified in charter) Florida 2-70197 59-1564329 (State or other (Commission File Number) (IRS Employer jurisdiction Identification No.) of Incorporation) 4041 S.W. 47 Avenue, Fort Lauderdale, Florida 33314 (Address of principal executive office) (Zip Code) Registrant's telephone number, including area code: 954/587-6280 Item 2. Acquisition or Disposition of Assets On December 29, 2003, the Registrant executed a Letter of Intent to acquire the operating assets of Clear Cote Corporation of St. Petersburg, Florida. As of this date the respective parties have reached an impasse and, accordingly the Letter of Intent and the contemplated transaction have been terminated without a successful conclusion. SIGNATURES Pursuant to the requirement of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. OCEAN BIO-CHEM, INC. Date: February 20, 2004 By: /s/ Peter G. Dornau -------------------- Name: Peter G. Dornau Title: Chairman of the Board of Directors and Chief Executive Officer Date: February 20, 2004 By: /s/ Edward Anchel ------------------- Name: Edward Anchel Title: Chief Financial Officer