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
August 21, 2002
DATE OF REPORT
(DATE OF EARLIEST EVENT REPORTED)
LEADING-EDGE EARTH PRODUCTS, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Oregon 93-67656-S 93-1002429
(STATE OF INCORPORATION) (COMMISSION FILE NUMBER) (I.R.S. EMPLOYER)
200 S. Wacker Dr. #4000
Chicago IL 60606
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
800-788-3599
(U.S. Message Center)
REGISTRANT'S TELEPHONE NUMBER
ITEM 5. OTHER EVENTS.
Leading Edge Earth Product, Inc., Chicago, Illinois, (OTC BB: "LEEP"), reports
that because of financial constraints, the company is cutting back operations
and focusing on performance to SEC filing requirements and catching up with
Landlord and Vendor overdue accounts. Should the company not make its annual
10-KSB filing by September 2, 2002, LEEP's stock would only be listed on the OTC
trading screen until the SEC's receipt of the filing of the company's 10-KSB
report for fiscal year ending April 30, 2001. Manufacturing operations can
proceed when space rent is brought current.
Management's announcement of these issues constitutes additive risks to the
risks listed in the company's 10-KSB report to the SEC for the fiscal year ended
April 30, 2001.
Based on relationships the company has developed with a representative
group of leading Modular Building Manufacturers and LEEP's in-place
manufacturing capability to support its market penetration phase, management is
confident that contemplated financings will materialize that enable the company
to comply with securities filing requirements, satisfy vendor payable
obligations and resume manufacturing operations, however, no guarantees can be
provided.
The Company manufacturers a proprietary component and building system
known as LeepCore(TM). The product is designed to construct exceptionally
high-performance buildings. Unique features include; fast design and build
cycles for floor, roof and wall construction; peerless thermal insulation
properties; and fire, insect, moisture, dry rot, mold, corrosion, termite, wind
and earthquake resistance.
Forward-Looking Statements
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This filing contains certain forward-looking statements within the meaning of
the Securities Act of 1933 as amended. Such forward-looking statements include
statements regarding the company's acquisition of certain assets and expansion
of the company's production capacity. Actual results may differ materially.
Factors that might cause such a difference include the possibility that
financing negotiations may not be successful, as well as other matters discussed
in the company's filing with the Securities and Exchange Commission, including
"Management's Discussion and Analysis of Financial Condition" and "Results of
Operations" in the company's report on Form 10-Q for the quarter ended January
31, 2002 and Form 10-KSB for the year ended April 30, 2001.
This notice and all announcements concerning it will be posted on the company's
website: www.leepinc.com.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date: August 21, 2002 Leading Edge Earth Products, Inc.
Registrant
/S/ GRANT C. RECORD
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Grant C. Record,
CEO