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
Date of Report: January 21, 2004
REVA, INC.
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(Exact name of registrant as specified in its charter)
COLORADO 0-26235 54-1921580
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(State or other (Commission (IRS Employer
Jurisdiction of File Number) Identification No.)
Incorporation)
212 North Oak Street, Suite A, Roanoke, TX 76262
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(Address)
Registrant's Telephone Number, Including Area Code: (817) 491-8385
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ITEM 1. CHANGES IN CONTROL OF REGISTRANT
None.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
None.
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
None.
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
None.
ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE
A special meeting was held on December 31, 2003 by the Board
of Directors for REVA, Inc. at the corporate headquarters at 212 North Oak St.,
Suite A, Roanoke, Texas 76262, to name new management and officers for REVA.
John G. Perry, Chief Executive Officer and Chief Financial Officer, has
submitted his resignation from REVA, Inc., as well as resigning his Directorship
on the Board, effective close of business on January 16, 2004.
Mr. James E. Ontiveros has been named to replace Mr. Perry as Chief
Executive Officer, effective close of business, January 16, 2004. Mr. Ontiveros,
former President of BOLD Communications Networks, L.L.C., has been President and
Chairman of the Board for REVA, Inc. since the company acquired BOLD in October,
2003, and will continue his role as Chairman of the Board of Directors.
Mr. Ontiveros received his MBA at Instituto Nacional de Administracion de
Empresas in 1977. He was employed in banking and finance from 1984 to 1996 with
Banco Nicaraquenese and Bank of America in Latin America, Asia and the United
States. In 1987, Mr. Ontiveros began his career in telecommunications with
SATELCO, a microwave telecom company that subsequently merged with ATC/LDDS. The
Telecom experience took a fast track as Mr. Ontiveros joined Sprint, then Wiltel
and eventually MCI, working the areas of Quality Assurance Management, Major
Accounts and National Accounts. In 1993, Mr. Ontiveros began his entrepreneur-
ial journey as he joined Network Concepts, Inc. of St. Louis, Missouri. This
offered him an opportunity in Mexico and Latin America, which included
experience with telecommunication equipment providers in the United States as
well as internationally. Network Concepts, Inc. provided evolutions including
spin-offs into the voice-over IP technology with Multi-Net Solutions and Vista
Net LLC and subsequently Global Transmedia Communications Corporation from
Florida. In March, 2003 Mr. Ontiveros' founded BOLD Communications Networks,
L.L.C., a Wireless Internet Service Provider in North Texas. Mr. Ontiveros has
been on the Board of Directors of BOLD Communications Networks since its
inception.
Mr. Don Dansby, CPA has been named Chief Financial Officer and
Treasurer of REVA, Inc., effective close of business January 16, 2004. Mr.
Dansby has managed his own accounting firm in Bowie, Texas for over 30 years. He
recently sold his business to focus on his duties with REVA, Inc. Mr. Dansby has
served as CFO for BOLD Communications Networks, L.L.C. and later as President of
BOLD, and has had a great influence on the growth and success of that company.
Paul Fisher, Ph.D., is the new Chief Technology Officer and Director,
for REVA, Inc. Dr. Fisher received his Bachelor of Science in Mathematics from
University of Utah; and received his Ph.D. in Electrical Engineering and
Computer Science from Arizona State University. Dr. Fisher is author of four
books on compression technology and winner of the R.J. Reynolds Distinguished
Professor of Computer Science Award at Winston-Salem University, where he is
currently on staff. With over sixty publications on wavelet and compression
technologies, Dr. Fisher is one of America's leading experts in the field. Dr.
Fisher works with an international research staff, specializing in the core tech
- -nologies of wavelet image compression, progressive tunneling, non-uniform
compression, and Lightning Strike Binary Compression.
John Diebold has been named Secretary for the Board of Directors,
effective immediately. Mr. Diebold received his Bachelors Degree in Business
Administration from Wichita State University in 1976. He joined the Horton
family of companies in 1976 where he has held several management positions and
increased sales and productivity dramatically for the company. In 1982 Mr.
Diebold became Vice President of Sales for Horton, Inc. where he increased sales
by 30% and gained international experience. Mr. Diebold was elected to the
Horton Board of Directors and took over the day-to-day operations of the
company. In 1997 Mr. Diebold became President and Secretary of Horton, Inc.,
and by end of first quarter 2004 will be a 46.8% stockholder in the company.
Cecil R. Fenoglio was appointed Director. Mr. Fenoglio received a busi-
ness degree from Draughons Business College in 1958. His career has spanned many
years and brings a wealth of experience in the areas of business management,
real estate and investment management. Mr. Fenoglio's early years were spent in
the areas of bookkeeping and sales. Mr. Fenoglio's entrepreneurial interests
lie primarily in the areas of real estate and investment management, and
offering financial support and equity investments. Mr. Fenoglio has served as a
Director for BOLD Communications Networks. He is a life-long resident of the
Wichita Falls, Texas area and a respected community leader.
David Tucker, M.D., was appointed as Advisory Director to the Board.
Dr. Tucker received his Bachelor of Science in Medicine at the University of
Kansas in 1975. He attended medical school at the University of Health Sciences
at Kansas City, Missouri in 1985, and performed his Residency at Via Christi
Family Medical Center from 1985-1989. He became Board Certified in Family
Practice in 1989, then entered private practice in Family Medicine from 1989 to
1994. Dr. Tucker became an Emergency Room Staff Physician at Via Christi
Regional Medical Center in Wichita, Kansas in 1994 and is currently serving in
that position. Dr. Tucker brings valuable experience to the Board and will serve
in an advisory capacity for REVA, Inc.'s telemedicine products.
ITEM 6. RESIGNATION OF REGISTRANT'S DIRECTORS
None.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Financial Statements: None
Exhibits: None
ITEM 8. CHANGE IN FISCAL YEAR
None.
ITEM 9. REGULATION FD DISCLOSURE
None.
ITEM 10. AMENDMENTS TO THE REGISTRANT'S CODE OF ETHICS, OR WAIVER OF A
PROVISION OF THE CODE OF ETHICS
None.
ITEM 11. TEMPORARY SUSPENSION OF TRADING UNDER REGISTRANT'S EMPLOYEE BENEFIT
PLANS
None.
ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
None.
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 thereunto duly authorized.
Date: January 21, 2004
Reva, Inc.
By: /s/James E. Ontiveros
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James E. Ontiveros, Chief Executive Officer