UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or Section 15(d) Of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) July 8, 2003
Eurotech, Ltd.
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(Exact name of registrant as specified in its charter)
District of Columbia 000-22129 33-0662435
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
8665 Sudley Road, #608
Manassas, Virginia 20110
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (703) 244-5886
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Not Applicable
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(Former name or former address, if changed since last report)
Item 5. Other Events and Regulation FD Disclosure.
On July 8, 2003, the registrant issued a press release with respect to (i) its
action by written consent to remove all the current directors of Markland
Technologies, Inc., a Florida corporation ("Markland"), and to appoint new
directors to serve on the Markland board of directors, and (ii) as previously
announced, the resignation of Don V. Hahnfeldt as President and Chief Executive
Officer, and the appointment of Carey Naddell as President and Chief Executive
Officer.
The directors so removed include Kenneth P. Ducey, Robert Tarini and Delmar
Kintner, and each other person, if any, who is a director.
The directors newly appointed are, Carey Naddell, Don V. Hahnfeldt, Randolph A.
Graves, Jr. and Leonid Khotin.
The registrant, which holds approximately 140,000,000 shares of Markland common
stock, representing more than 50% of the outstanding shares of common stock of
Markland, is effecting the removal pursuant to Section 607.0704 of the Florida
Business Corporation Act.
A copy of the press release announcing this information is filed herewith and
incorporated herein by reference as Exhibit 99.28.
Item 7. Financial Statements and Exhibits.
Set forth below is a list of Exhibits included as part of this Current Report.
Exhibit
No. Description and Location Reference
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99.28 Press release issued July 8, 2003.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
July 8, 2003 EUROTECH, LTD.
BY: /s/ Carey Naddell
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Carey Naddell
President and CEO