SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
DATE OF REPORT: October 19, 2000
(Date of earliest event reported)
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VENTURI TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
NEVADA 000-25183 87-0580279
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(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation) Identification
Number)
6295 EAST 56TH AVENUE
COMMERCE CITY, COLORADO 80022
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (303) 444-4444
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763 NORTH 530 EAST, OREM, UTAH 84097
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(Former Name or Former Address if Changed Since Last Report)
ITEM 5: OTHER EVENTS
On October 19, 2000, Venturi Technologies, Inc. issued a press
release announcing that it had signed a letter of intent to sell to Saugatuck
Capital Company Limited Partnership IV of Stamford, Connecticut shares of a new
senior preferred stock with warrants for a purchase price of between $5 million
and $7 million. A copy of the letter of intent is attached hereto as Exhibit
10.77 and a copy of the press release is attached hereto as Exhibit 99.1. The
letter of intent and press release are each incorporated by reference into this
Item 5 and the foregoing description of these documents is qualified in its
entirety by reference to these exhibits.
ITEM 7: FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS.
10.77 Letter of Intent dated October 5, 2000 and executed
on October 18, 2000, between Saugatuck Capital
Company Limited Partnership IV and Venturi
Technologies, Inc.
99.1 Press Release dated October 19, 2000 announcing the
letter of intent between Venturi Technologies, Inc.
and Saugatuck Capital Company Limited Partnership IV.
SIGNATURES
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.
VENTURI TECHNOLOGIES, INC.
/s/ Michael F. Dougherty
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Michael F. Dougherty
President and Chief Executive Officer
Date: October 25, 2000
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