UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) March 12, 2001
N-VISION TECHNOLOGY, INC.
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(Exact name of registrant as specified in its charter)
75-22268672 Delaware 0-18656
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(IRS Number) (State of (Commission
Incorporation) File No.)
11931 Wickchester, Suite 201, Houston, TX 77043
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(Address of Principal executive offices)
(281)556-1375
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(Registrant's telephone number)
Item 5. Other
Effective March 1, 2001 N-Vision Technology, Inc., entered into a letter of
intent to acquire Fremont Exploration, Inc., a private company, for
approximately $12.5 million in cash. Under the terms of the acquisition,
N-Vision and Fremont's selling shareholders will form a jointly owned operating
company to operate the oil and gas properties acquired by N-Vision. The
acquisition, which excludes certain defined non oil and gas assets, has been
approved by the Board of Directors of both companies. Closing is subject to an
independent engineering evaluation of Fremont's oil and gas reserves, upward
adjustments for additional wells and work in progress, and the signing of a
definitive agreement, expected to take place by March 28, 2001. The Letter of
Intent anticipates a closing date on or before May 1, 2001.
Exhibits
2.1 Press Release
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Current Report on Form 8-K to be signed on its
behalf by the undersigned hereunto duly authorized.
N-VISION TECHNOLOGY, INC.
Dated: February 20, 2001
By: /s/ Joseph T. Kaminski
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Joseph T. Kaminski
Chief Executive Officer