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 29, 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 28, 2003, the Board of Directors of Nutek, Inc. (the "Company") made
a decision to extend the record date of the dividend of its subsidiary. The
new record date will be Friday, November 7, 2003. The reason for the extension
was to allow for time to fully explain and provide the NASD, transfer agent,
and shareholders information related to the dividend.
The dividend shares will be issued in one of the Company's subsidiaries, which
is a private company. The shares issued will be restricted securities, which
will thus have to be issued in certificate form.
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.
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.
There will be two ways for stockholders to receive their Dividend certificate,
as follows:
1. Obtaining Dividend For Nutek's Common Shares - If a stockholder is already
a record owner of the Company, holding certificates for Nutek common stock
issued in his, her or its name, no further action is needed. The transfer agent
will mail a Dividend certificate directly to the record owner. To prevent any
delay, we recommend shareholders confirm with the Company's transfer agent
their address in the transfer agent's records. If you have or think you may
have had a change of address since you were issued your stock certificate,
please notify the transfer agent in writing of your change of address. The
transfer agent's contact information is:
Transfer Online
227 SW Pine St., Suite 300
Portland, OR 97204
Attention: Myrna Singer
Fax No : (503) 227-2950
Tel: No : (503) 227-6874
Email : MYRNA@TRANSFERONLINE.COM
PLEASE NOTE: If a stockholder does not yet hold shares of the Company's common
stock in certificate form, but holds them in street name with a broker, such
beneficial stockholders can request a stock certificate from their broker
representing their ownership interest in the Company's common stock. If such
certificate is issued to a stockholder prior to the Record Date, that
stockholder need do nothing further. The Company's transfer agent will then
mail the Dividend certificate directly to those stockholders. To insure
receipt of their Dividend certificate, the Company urges all stockholders who
do not currently hold their shares of Nutek's common stock in certificate form,
and who wish to take part in the Dividend distribution, to immediately request,
in writing, from their broker an actual paper stock certificate representing
their shares of the Company's common stock. To assist stockholders in this
regard, a sample stockholder letter requesting a certificate evidencing their
ownership of Nutek has been posted on the Company's website WWW.NUTK.COM. If
you have requested a stock certificate from your broker and are experiencing
difficulties or unusual delays in obtaining your stock certificate, the Company
would like to hear from you immediately. You should notify the Company of any
such problems via e-mail at CERTIFICATES@NUTK.COM or via fax at (702) 262-0033.
Such notifications should include a copy of your brokerage statement reflecting
your claimed ownership interest in Nutek.
2. Relying on Your Broker's Beneficial Owner List - If you elect not to obtain
your stock certificate or a stock certificate that you requested is not issued
by the Record Date, your broker will be submitting to the Company's transfer
agent within five (5) business days after the Record Date a list of its
beneficial owners of Nutek common stock as of the Record Date to enable the
transfer agent to issue directly to such beneficial owners the Dividend
certificate(s). If you are a stockholder who elected not to request your stock
certificate or if you requested your stock certificate and do not receive it by
the Record Date, you should contact your broker promptly after the Record Date
to insure that your ownership interest in Nutek common stock, as of the Record
Date, is included properly on the beneficial owner list that your broker is
required to submit to the Company's transfer agent.
Stockholders and brokers should also note that Dividend certificates will be
issued first to registered stockholders who hold their shares in certificate
form in their name and then to those beneficial stockholders identified in the
beneficial owner lists submitted by the brokers. The Company will commence
mailing Dividend certificates to registered stockholders within ten (10)
business days after the Record Date. Accordingly, brokers must submit their
beneficial owner lists to the transfer agent within five (5) business days
after the Record Date to enable the transfer agent to process the Dividend
certificates.
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 29, 2003
NUTEK, INC.
By:
/s/ Murray N. Conradie
-----------------------
Murray Conradie, President