UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 30549
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) March 8, 2002
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ENTER TECH CORP.
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(Exact name of registrant as specified in its charter)
Nevada 0-21275 84-1349553
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
430 East 6th Street, Loveland, Colorado 80537
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 970-669-4918
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ITEM 6. RESIGNATION OF REGISTRANTS' DIRECTORS
On March 8, 2002, Enter Tech Corporation ("Company") received the
resignations of Messrs. Sam Lindsey and Gregory J. Kaiser from the Board of
Directors and Mr. Lindsey's resignation as Chief Executive Officer. A copy of
their resignation letter is attached hereto as Exhibit 17.1. As reasons for
their resignations their letter, in pertinent part, states:
"The actions that precipitate their resignations are as follows. On June
15, 2001 a Comprehensive Licensing Agreement between Enter Tech Corporation
(a public, fully reporting company) and Global Marketing Consultants (a
sole proprietorship) was entered into between the parties.
The Comprehensive License Agreement licensed a Joint Venture Agreement
dated March 21, 2001 between Enter Tech and Northern Communications Group,
Inc. (a private corporation) and a fund raising vehicle named "QuickGold"
to Global Marketing Consultants. The agreement called for specific
reporting requirements on a quarterly basis by Global Marketing to Enter
Tech for disclosure purposes and for standard accounting requirements.
Upon requesting the specified reporting requirements from Global marketing
for the quarter ended December, 2001, Enter Tech was informed that no
contract has been signed and Global Marketing Consultants abruptly
terminated the Comprehensive License Agreement.
It had been our understanding that Global Marketing had raised funds for
the Joint Venture projects. Upon review and understanding for circumstances
according to Global marketing Consultants, it has become clear that we are
no longer able to provide valuable service to the Company as officer or
directors."
It is the position of the Company, that Global Marketing submitted all
required reports prior to the termination of the contract with the Company.
Following these resignations the remaining director, Mark Thomas, appointed
his father, D. William Thomas, and a substantial stockholder of the Company to
the Board of Directors on March 9, 2002. Also on that date D. William Thomas was
elected as President and Mark Thomas was elected Secretary of the Company.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
The following Exhibit is filed as an Exhibit to this report:
Exhibit No. Description
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17.1 Letter of Resignation of Directors dated
February 25, 2002
SIGNATURES
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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.
ENTER TECH CORP.
Dated: March 13, 2002 By: /s/ D. William Thomas
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D. William Thomas, President
and Chief Executive Officer