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): August 6, 2002
(August 6, 2002)
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.)
8100 South Akron, Suite 308
Englewood, Colorado 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
OnLine Power Supply, Inc. announced today that it was clarifying voting
procedures for its annual meeting to be held August 14, 2002 relating voting
instructions as distributed for the street name or brokerage account shareholder
mailing.
It isn't apparent that shareholders have a clear choice to vote "against"
an individual director nominee. OPS has taken steps to ensure that all
shareholders' right to vote against one or more nominees is recognized in the
voting process.
The beneficial owners are receiving from their brokers an instruction
ballot prepared by ADP Proxy Services, Inc. which has boxes "For All Nominees,"
"Withhold All Nominees," and "Withhold Authority To Vote For Any Individual
Nominee- Write Number(s) of Nominees Below." The numbers assigned to each
director nominee are listed on the front of ADP's instruction ballot. ADP's
instructions should follow our procedure for voting for directors precisely.
ADP's instructions do not have the same procedures for voting for directors as
OPS' proxy card.
WE WANT TO ELIMINATE THE CONFUSION CAUSED BY ADP'S METHOD IN LAYING OUT OUR
PROXY FORMAT. YOUR VOTES "WITHHOLD" WILL BE COUNTED AS VOTES "AGAINST."
OPS and its transfer agent will count instructions on ADP's box "Withhold
All Nominees" as a VOTE AGAINST ALL NOMINEES.
OPS and its transfer agent will count instructions on ADP's box "Withhold
Authority To Vote For Any Individual Nominee," followed by a number or numbers
indicating withhold authority for one or more of the directors (as numbered on
the instructions), as a vote AGAINST the individual director or directors
indicated.
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: August 6, 2002 By: /s/ Glenn M. Grunewald
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GLENN M. GRUNEWALD,
Chief Executive Officer
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