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
September 25, 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.
NOTICE TO LEEP SHAREHOLDERS
LEEP was recently caught in between fundings for operations and could not pay
the cost associated with its Auditor's Opinion Letter for the fiscal year ending
April 30, 2002. Financials were Auditor reviewed for the three quarters ending
July 31, 2001, October 30, 2001 and January 31, 2002. LEEP completed the last
quarter financials without auditor assistance and even though filed to GAAP
standards with the SEC, NASDAQ regulators temporarily suspended LEEP's trading
on the OTC Bulletin Board until the 10-KSB with Auditor Opinion is filed for the
fiscal year ending April 30, 2002. Completion of the Audit work will be done
when short-term financing is in place. The planned corporate funding objectives
include receiving short-term financing within 30 days.
We recommend you study this year's 10-KSB as filed with the SEC and posted on
www.leepinc.com. It shows the whole LEEP Company with intact: Product, Market
and Manufacturing, for which we have worked and you have invested. It also shows
why lead investors and insiders privately invested an additional $3 million over
the last three years to bring the Company together with integrated
manufacturing, certified testing and domestic and international patent filings.
Additionally, funding negotiations for long-term debt financing are going well
and early short-term funding is planned.
The required 15-C-211 paperwork was filed with NASDAQ earlier this week advising
them that LEEP will trade on the OTC Pink Sheet System. The Frankel Company (NJ)
plans to make a market in LEEP shares shortly. LEEP will be trading under our
well-known "LEEP" symbol. LEEP is a more advanced-stage company than is
typically seen trading on the Pink Sheet/OTC system. The move to this new venue
will expose LEEP to a new national group of securities dealers. At this pivotal
stage this could be positive for LEEP's market value. We will see.
Forward Looking Statement:
The above material 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 future stock trading and
acquisition of long and short-term capitalization. Actual results may differ
materially. Factors that might cause such differences include the possibility
that financing negotiations may not be successful, as well as events that are
discussed in the Risk Section of the Company's report filed with the Securities
and Exchange Commission on Form 10-K for the year ended April 30, 2002.
Grant C. Record,
CEO
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: September 25, 2002 Leading Edge Earth Products, Inc.
Registrant
/S/ GRANT C. RECORD
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Grant C. Record,
CEO