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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) August 8, 1996
Wilshire Technologies, Inc.
(Exact Name of Registrant as Specified in charter)
California 0-20866 33-0433823
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation File Number) Identification No.)
5441 Avenida Encinas, Suite A Carlsbad, California 92008
(Address of Principal Executive Offices)
Registrant's telephone number, including area code (619) 929-7200
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Item 5. Other Events.
At the August 8, 1996 meeting of the Board of Directors of
Wilshire Technologies, Inc. ("Wilshire or "the Company") Mr. Stephen
P. Scibelli, Jr., the Company's President and Chief Executive
Officer tendered his resignation from such offices and as a director
of the Company, effective September 9, 1996. Mr. Scibelli will be
an advisor to the Company for the six months commencing
September 9, 1996.
Mr. William J. Hopke, a director of the Company for four
years, was elected as President, Chief Executive Officer and
Chairman of the Board effective September 9, 1996. Mr. Hopke is
currently the Chief Operating Officer of Trilon Dominion Partners,
LLC, the holder of 72% of the common stock of Wilshire.
At the same Board meeting Mr. Charles H. Black resigned as a
director since he has reached the mandatory retirement age. The vacancy on the
Board was filled by the election as a director of Mr.
Jack Hunter, President of Hunter Capital.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
(a) Financial Statements of Businesses Acguired.
None
(b) Pro Forma Financial Information.
None
(c) Exhibits.
Exhibit 3(i)(a) Restated Articles of Incorporation filed in
the office of the Secretary of State of
California on May 24, 1996.
Exhibit 3(i)(b) Certificate of Amendment of Articles of
Incorporation filed in the office of the
Secretary of State of California on June 10,
1996.
Exhibit 99(a) Press Release dated August 12, 1996.
Exhibit 99(b) Description of Capital Stock of
Wilshire Technologies, Inc.
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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 hereunto duly authorized.
WILSHIRE TECHNOLOGIES, INC.
August 14, 1996 By /s/ JAMES W. KLINGLER
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James W. Klingler
Chief Financial Officer
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EXHIBIT INDEX
Exhibit No. Description
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Exhibit 3(i)(a) Restated Articles of Incorporation
filed in the office of the
Secretary of State of California on May 24, 1996.
Exhibit 3(i)(b) Certificate of Amendment of
Articles of Incorporation filed
in the office of the Secretary
of State of California on June 10,
1996.
Exhibit 99(a) Press Release dated August 12, 1996
Exhibit 99(b) Description of Capital Stock of
Wilshire Technologies, Inc.
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