UNITED STATES 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 (Date of earliest event reported) March 31, 2003 Rapidtron, Inc. (Exact name of registrant as specified in charter) Nevada 88-0455472 (State of other jurisdiction of (I.R.S. Employer incorporation or organization) Identification Number) 800 N. Rainbow Blvd., Suite 208 Las Vegas, NV 89107-1103 (Address of Principal Executive Office) (Zip Code) (702) 948-5017 (Registrant's Executive Office Telephone Number) ITEM 1. CHANGES IN CONTROL OF REGISTRANT Not applicable. ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS Not applicable. ITEM 3. BANKRUPTCY OR RECEIVERSHIP Not applicable. ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT Not applicable. ITEM 5. OTHER EVENTS On March 31, 2003, the Registrant amended the Agreement and Plan of Merger dated January 17, 2003 by and among the Registrant, RTI Acquisition Subsidiary, Inc., a Nevada corporation and wholly-owned subsidiary of the Registrant ("RTI SUB"), and Rapidtron Inc., a Delaware corporation ("Rapidtron"). The amendment was necessary to (i) amend Section 1.11 of the Merger Agreement to alter the amount and timing of a $450,000 loan to Rapidtron; (ii) amend Section 6.1(b) of the Merger Agreement to extend the Termination Date to May 31, 2003; and (iii) amend Schedule 2.8 of the RPDT Disclosure Schedule to reflect adjustments made to the Registrant's liabilities listed in the Schedule. A copy of the Amendment is attached hereto as Exhibit 99. ITEM 6. RESIGNATIONS OF DIRECTORS AND EXECUTIVE OFFICERS Not applicable. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS Not applicable. ITEM 8. CHANGE IN FISCAL YEAR Not applicable. ITEM 9. REGULATION FD DISCLOSURE. Not applicable. EXHIBITS 99 Amendment #1 to Agreement and Plan of Merger dated March 31, 2003 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. Date: April 2, 2003 Rapidtron, Inc., a Nevada corporation By: /s/ Dr. John Veltheer Dr. John Veltheer, President