U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
Amendment No. 3
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: May 15, 2001
WASTE CONVERSION SYSTEMS, INC.
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(Exact Name of registrant as specified in its Charter)
Nevada 0-58972 22-280078
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(State of Incorporation) Commission File No. (IRS Employer
Identification No.)
4871 n. Mesa Drive, P.O.Box 69, Castle Rock, Co 80104-0069
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number,( 303 ) 419 - 2999
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(Registrant's former name and address)
Item 5. Other Events.
a. Current Plan of Business Operations.
The purpose of this current report amendment is to state the
registrant's current business plan of business operations. We are planning to
enter the scrap tire waste conversion business in the State of Minnesota. The
State of Minnesota currently ships all of its scrap tires to a dump facility in
Iowa. Minnesota produces approximately 4 million scrap tires annually.
We have developed a three phase plan for our proposed business
operations. The first phase will be implementing a tire collection system. The
second phase will be a scrap tire delivery system to an operating scrap tire
processing facility. The second phase will generate revenue from fees paid for
the scrap tires. We anticipate shredding the scrap tires with a portable
shredder to increase the shipping weights and reduce air space waste associated
with shipping whole tires. The third phase will entail the purchase or
construction of a proprietary scrap tire incinerator to process the scrap tires
we will collect.
b. Cautionary Statement Concerning Forward-looking Statements
This report contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, concerning our future operations. Forward-looking
statements are statements that estimate the happening of future events, are not
based on historical fact and are "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may be identified by the use of
forward-looking terminology such as "believes", "intends", "projects",
"forecasts", "predicts", "may", "will", "expects", "estimates", "anticipates",
"probable", "continue" or similar terms, variations of those terms or the
negative of those terms. In the particular case of this Current Report the terms
"planning" and "proposed" are forward-looking terms. The forward-looking
statements contained in this report has been compiled by our management based
upon assumptions they consider reasonable. These assumptions are subject to
significant business, economic and competitive uncertainties and contingencies,
many of which are beyond our control. Actual results could differ materially
from those currently anticipated due to a number of factors. Accordingly, there
can be no assurance that the plans will be realized. The plans and actual
results will likely vary and those variations may be material. We urge you and
your advisors to review the forward-looking statements, to consider the
assumptions upon which they are based and to ascertain their reasonableness.
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.
Waste Conversion Systems, Inc.
Dated: October 15, 2001
/s/ Glenna Price
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By: Glenna Price
Title: Secretary