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 20, 2003
NUTEK, INC.
(Exact name of Registrant as specified in charter)
Nevada 0-29087 87-0374623
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification)
6330 McLeod Drive, Suite 1, Las Vegas, NV 89120
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (702) 262-2061
ITEM 5. OTHER ITEMS
On October 20, 2003, Nutek, Inc. (the "Company") issued a press release
announcing that the Company would be placing the patented TekPlate product and
various related licenses, marketing agreements, etc., into a subsidiary
corporation that will be spun off from the parent Nutek as a wholly owned
subsidiary and has declared a stock dividend in that company. The dividend will
take the form of a dividend certificate representing common stock, which will
be distributed to the Company's beneficial stockholders of record as of the
record date.
The stock dividend will be distributed to owners of the Company's common stock
as of the record date in a ratio of one share of dividend stock in the
subsidiary to be spun off, for every 300 shares of common stock owned in Nutek
Inc. A copy of the press release of the Company dated October 20, 2003 is
attached hereto as Exhibit 99.1 and incorporated by reference herein.
Certificates for the dividend stock will specify the name of the beneficial
owner of such shares and will be mailed directly to such beneficial owner soon
after the record date. If a stockholder is already a record owner of the
Company holding certificates issued in their name, they do not need to take any
further action, as a stock certificate for the dividend will be mailed to them.
However, if a stockholder does not yet hold their shares in the Company in
certificate form but hold them in street name with a broker, to ensure prompt
receipt of such dividend such a stockholder should immediately obtain from
their broker a physical certificate representing their shares of common stock
of the Company.
All such requests should be made by stockholders in writing. To assist
stockholders in this regard, a sample stockholder letter requesting
certification of their position has been posted on the Company's web site
(www.nutk.com), a copy of which is attached hereto as Exhibit 99.2 and
incorporated by reference herein.
Item 7. Exhibits.
99.1 Press Release of the Company, dated October 20, 2003.
99.2 Form of Stockholder Letter to Broker.
99.3 Notification of Dividend to NASD.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: October 20, 2003
NUTEK, INC.
By:
/s/ Murray N. Conradie
-------------------
Murray N. Conradie, President
INDEX TO EXHIBITS
Exhibit No. Description Page
- ----------- ----------- ----
99.1 Press Release of the Company, dated October 20, 2003. 5
99.2 Form of Stockholder Letter to Broker. 7
99.3 Notification of Dividend to NASD. 9