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):
April 30, 2003 (April 25, 2003)
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 Street, Suite 308
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
On April 25, 2003, at a hearing in Federal District Court, Denver, Colorado
which had been scheduled for argument on Saturn's motion for injunctive relief
against the company, Saturn agreed to vacate their request for a preliminary
injunction, without setting a new date for hearing their motion, as part of
certain ongoing settlement discussions.
The parties have been in litigation since December 2002. For information on
the dispute, see the reports on Form 8-K dated January 8, 2003 and February 14,
2003.
The company and Saturn have reached an agreement in principle to settle the
dispute between the parties. If ongoing discussions on the details of a possible
settlement are successful, the company will announce that a settlement has been
reached in a further Form 8-K report. If the discussions do not result in
settlement, that will be announced in a Form 8-K report, in which event the
litigation would continue.
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: April 30, 2003 By: /s/ Richard L. Millspaugh
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RICHARD L. MILLSPAUGH
Chief Financial Officer
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