SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 and 15(d) of the
Securities Exchange Act of 1934
Date of Report (date of earliest event reported): November 22, 2000
ONLINE POWER SUPPLY, INC.
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Exact Name of Registrant as Specified in its Charter)
Nevada 00-29669 84-1176494
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(State or other jurisdiction (Commission File No.) (I.R.S. Employer
of incorporation) Identification No.)
6909 South Holly Circle, Suite 200
Englewood, Colorado 80112 80112
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (303) 741-5641
Not Applicable
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(Former Name, Former Address or Former Fiscal Year,
if Changed From Last Report)
ITEM 5. OTHER EVENTS
We have been advised that a large wireless telecommunications company has
selected OnLine's "OPS-500-385" PFC Module for use in its new, innovative
telecommunications s The identity of the company and the value of the potential
orders is not disclosed by mutual agreement, pending finalization of formal
supplier agreements.
The company has advised us that they intend to place a purchase order
shortly for our devices. Finalization of a formal supplier agreement with us
would make this telecommunications company the first volume customer for our new
line of high efficiency power supplies. The process of finalizing and executing
the supplier agreement is expected to begin immediately and be completed in
December 2000.
The wireless telecommunications company earlier had ordered 800 units for
testing and evaluation.
FORWARD-LOOKING STATEMENTS
Except for the historical information, all of the information which is
contained in this Form 8-K are "forward-looking" statements within the meaning
of section 27A of the 1933 Act and section 21E of the Securities Exchange Act of
1934. Specifically, all statements regarding our business strategy and plans and
objectives of management for future operations are forward-looking statements.
These forward-looking statements are based on the beliefs of management, as well
as assumptions made by and information currently available to management. These
statements involve known and unknown risks, including the risks resulting from
economic and market conditions, accurately forecasting operating and capital
expenditures and capital needs, successful anticipation of competition which may
not yet be fully developed, the uncertainties of litigation, and other business
conditions. The use of the words "confident", "prove", "anticipate," "believe,"
"estimate," "expect," "may," "will," "continue" and "intend" and similar words
or phrases, are intended by us to identify forward-looking statements (also
known as "cautionary statements"). These statements reflect our current views
with respect to future events. They are subject to the realization in fact of
assumptions, but what we now think will happen may turn out to be inaccurate or
incomplete. Our actual operating results and financial performance may prove to
be very different from what we now predict or anticipate.
Although we believe that our expectations are reasonable, we cannot assure
you that our expectations will prove to be correct. Based on changing
conditions, should any one or more of these risks or uncertainties materialize,
or should any of our underlying assumptions prove incorrect, actual results for
the Company may vary substantially from what we now anticipate, believe,
estimate, expect or intend. All subsequent written and oral forward-looking
statements attributable to us are expressly qualified in their entirety by these
cautionary statements.
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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.
ONLINE POWER SUPPLY, INC.
Dated: November 27, 2000 By: /s/ Kris M. Budinger
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KRIS M. BUDINGER, President
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