SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15 (d) of the Securities and Exchange Act of 1934 Date of Report (Date of earliest event reported) July 30, 1996 (June 4, 1996) MANAGEMENT TECHNOLOGIES, INC. - ------------------------------------------------------- Exact name of Registrant as specified in its Charter) NEW YORK - ------------------------------------------------------- (State of other jurisdiction of incorporation) 0-17206 13-3029797 - -------------------- ------------------------- Commission File No. I.R.S. Employer Identification 335 Madison Avenue, New York, NY 10017 - -------------------------------- ------------------------- Address of principal Zip Code executive offices (212) 557-0022 - ------------------------- Registrant's telephone number, including area code ITEM 5. OTHER EVENTS On June 4, 1996, the Registrant (the "Company") entered into Regulation S Distribution Agreement with U.S. Milestone Corporation to place an offering consisting of 1,000,000 shares of common stock of the Company for a consideration of $500,000. On June 4, 1996, the Company completed transactions to sell 1,000,000 shares of common stock to Silverstone International Corp. ("Silverstone") pursuant to Regulation "S" under the Securities Act of 1933 for a consideration of $500,000 representing $0.50 per share. The Company paid an escrow fee in the amount of $2,500. Silverstone is not an affiliate of the Company. ITEM 7: EXHIBITS 10.205 Copy of Regulation S Distribution Agreement between the Company and U.S. Milestone Corporation dated June 4, 1996. 10.206 Copy of Amendment to DistributionAgreement between the Company and U.S. Milestone Corporation dated June 11, 1996. 10.207 Copy of Offshore Securities Subscription Agreement between the Company and Silverstone International Corp. dated June 4, 1996 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 thereunto duly authorized. Dated: New York, N.Y. July 30, 1996 MANAGEMENT TECHNOLOGIES, INC. (Registrant) /s/ Peter Morris -------------------------------- PETER MORRIS