Information Statement Pursuant to Section 14(c) of the
Securities Exchange Act of 1934
(Amendment No. )
Filed by the Registrant [x]
Filed by the Party other than the Registrant [ ]
Check the appropriate box:
[X] Preliminary Information Statement
[ ] Definitive Information Statement
[ ] Confidential, for use of the Commission only (as permitted by Rule
14c-5(d)(2)
SKINTEK LABS, INC.
(Name of Registrant as Specified In Its Charter)
SKINTEK LABS, INC.
(Name of Person(s) Filing Proxy Statement)
Payment of Filing Fee (Check the appropriate box):
[X[ No Fee Required.
[ ] Fee computed on table below per Exchange Act Rules 14c-5(g) and 0-11.
(1) Title of each class of securities to which transaction applies:
(2) Aggregate number of securities to which transaction applies:
(3) Per unit price or other underlying value of transaction
computed pursuant to Exchange Act Rule 0-11:
(4) Proposed maximum aggregate value of transaction:
[ ] Check box if any part of the fee is offset as provided by Exchange Act Rule
0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number, or
the Form or Schedule and the date of its filing.
(1) Amount Previously Paid:
(2) Form, Schedule or Registration Statement No.:
(3) Filing Party:
(4) Date Filed:
SKINTEK LABS, INC.
1400 Quail Street, Suite 138
Newport Beach, California 92660
INFORMATION STATEMENT
Mailing Date: August 29, 2002
WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE
REQUESTED NOT TO SEND US A PROXY
General
This Information Statement is furnished to the holders of Common Stock,
$.001 par value per share (the "Common Stock"), of Skintek Labs, Inc. (the
"Company") on behalf of the Company in connection with a proposed amendment to
the Certificate of Incorporation of the Company to change the name of the
Company to Hunno Technologies, Inc. The proposed amendment will better reflect
the Company's business and its recent acquisition of Hunno Technologies, Inc., a
Korean corporation. This amendment has already been approved by the consent of
persons holding a majority of the outstanding shares. YOU ARE NOT BEING ASKED
FOR A PROXY NOR TO VOTE ON THIS MATTER. THIS DOCUMENT IS FOR INFORMATIONAL
PURPOSES ONLY.
The cost of this Information Statement will be borne by the Company.
Record Date
The close of business on August 23, 2002, which is the date of the
consent action by shareholders approving the amendment to its articles, was
fixed as the record date pursuant to Section 228 of the Delaware General
Corporation Law ("DGCL").
The voting securities of the Company are the shares of its Common
Stock, of which 18,339,935 shares were issued and outstanding as of August 23,
2002. All outstanding shares of Common Stock are entitled to one vote on each
matter submitted for voting at the Meeting.
Beneficial Ownership of Common Stock
Effective at closing on July 31, 2002, the Registrant acquired 90% of
the outstanding shares of Hunno Technologies, Inc., ("Hunno") a Korean
corporation engaged in developing and marketing fingerprint identification
technology. The acquisition was effected pursuant to an Exchange Agreement dated
July 22, 2002 between the parties and the exchange (the Exchange?) of shares by
90% of the Hunno shareholders for 14,815,832 shares of the Registrant's common
stock. Immediately prior to the acquisition, there were outstanding 3,524,102
shares of the Registrant's common stock, resulting in a total of 18,339,935
shares outstanding following consummation of the Exchange.
Principal Shareholders, Directors and Officers. The following table
sets forth the beneficial ownership of the Company's Common Stock as of August
23, 2002 by each person known to the Company to own more than five percent (5%)
of the Company's Common Stock and by each of the Company's current directors,
and by all directors and officers of the Company as a group. The table has been
prepared based on information provided to the Company by each shareholder.
Name Number of Shares Percent
Kim Sang-Gyun
Chairman, Ceo and President 4,380,761 24.1%
Seo Bo-Kun
Chief Financial Officer -- --
Kim, Kyung-sik
Director -- --
Paeng Moon-Bo
Director 1,453,513 8.0%
Lawrence Hartman
Director -- --
All executive
officers and
directors 5,834,274 32.1%
as a group (5
persons)
(1) As used in this table, "beneficial ownership" means the sole or shared
power to vote, or to direct the voting of, a security, or the sole or
shared investment power with respect to a security (i.e., the power to
dispose of, or to direct the disposition of a security). The address of
this person is c/o the Company.
As of August 23, there were approximately 35 shareholders of record.
PROPOSAL NO. 1:
AMENDMENT OF ARTICLES OF INCORPORATION
NAME CHANGE
The Shareholders holding a majority of the common stock have approved
an amendment to Article 1 of the Company's Certificate of Incorporation to
change the name of the Company to Hunno Technologies or any similar name. The
name change will better reflect the Company's business, carried out through its
90% owned Korean subsidiary, Hunno Technologies, Inc.
The amendment will be filed with the Delaware Secretary of State no
less than twenty days after the mailing of the Information Statement.