1
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) 12/15/99
-----------
Zaxis International Inc.
(Exact Name of Registrant as Specified in Its Charter)
Delaware 0-15476 68-008060
-------- ------- ---------
(State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer
Incorporation or Organization) Identification No.)
1890 Georgetown Road, Hudson, Ohio 44236
- ---------------------------------------- ------
(Address of Principal Executive Offices) (Zip Code)
(Registrant's Telephone Number, Including Area Code) (330) 650-0444
-------------
2
Item 5. Other Events
Pursuant to the Termination of Consulting Agreement and Full and Final Release
described in and filed as an Exhibit to the Company's 10-QSB for the quarter
ended September 30, 1999 and pursuant to actions taken by the Board of
Directors, effective December 16, 1999 all of the then incumbent members of the
Board of Directors (Conaly Bedell, Leonard A. Duval, Craig Jones, Alan Scott and
Calvin Wible) resigned as Directors and elected the following as Directors of
the Company: Mr. Stephen N. Anderson, San Francisco, CA, Dr. Malvin L. Eutick,
Northbridge, NSW, Australia, Mr. Steve Ficyk, Brunswick, Ohio, Mr. Melvin
Weisblatt, Orange, Ohio and Mr. Ronald Hanson, Cleveland, Ohio.
Effective December 16, 1999 Conaly Bedell resigned as President and Chief
Executive Officer.
At meetings of the Board of Directors held on December 16, 1999 and December 22,
1999 the newly elected Board of Directors elected Ronald Hanson as Chairman of
the Board and elected John Hrobsky as President and Chief Executive Officer.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
Exhibit 7 A. Termination of Consulting Agreement and Full and Final Release
3
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.
Zaxis International Inc.
Date: December 28, 1999 /s/ John Hrobsky
----------------- -------------------------------------
John Hrobsky
President and Chief Executive Officer
Zaxis International Inc.
4
Exhibit Index
Exhibit Number Exhibit Description
-------------- -------------------
7 A. Termination of Consulting Agreement and
Full and Final Release previously filed with
the Company's 10-QSB for the quarter
ended September 30, 1999, which is
incorporated herein by reference.