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
July 27, 2001
Date of Report
(Date of Earliest Event Reported)
ENVIRONMENTAL PRODUCTS & TECHNOLOGIES CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware 77-0096608
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(State or other jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)
5380 NORTH STERLING CENTER DRIVE
WESTLAKE VILLAGE, CA 91361
(Address of principal executive offices including zip code)
(818) 865-2205
(Registrant's Telephone number, including area code)
NOT APPLICABLE
(Former Name, Former Address, and Former Fiscal Year,
if changed Since Last Report)
ITEM 1. RESIGNATION OF CERTAIN OFFICERS AND DIRECTORS
In the past few months, Environmental Products & Technologies Corporation
("EPTC") has been unable to secure additional funding and is faced with limited
prospects upon which to carry on the business of the company. Consequently, the
following persons have resigned:
Patrick Dalton, President
Joel Wadman, CFO
Grant Brimhall, Director
Frank Blaszcak, Director
Kenneth Hickman, Director
Greg Jackson, Director
In order to allow EPTC the opportunity to seek new sources of funding, JNC
Opportunity Fund has agreed to release the UCC-1 it is holding on the assets of
EPTC.
Marvin Mears continues to serve as Chairman and CEO of EPTC, and the company
intends to go forward with the demonstration and sale of its bioreactor
technology currently targeted at the dairy and hog industries. To accomplish
these goals EPTC is seeking new financing. However, the company may not be able
to find adequate financing and if it does it may not be on terms favorable to
the interest of current shareholders.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Environmental Products and Technologies Corporation
(Registrant)
Date: July 27, 2001
By: /s/ Marvin Mears
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Marvin Mears
Chairman & CEO