SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): January 03, 2005
MCKENZIE BAY INTERNATIONAL, LTD.
(EXACT NAME OF REGISTRANT AS
SPECIFIED IN ITS CHARTER)
DELAWARE 000-49690
(STATE OR OTHER JURISDICTION OF INCORPORATION) (COMMISSION FILE NUMBER)
51-0386871
(IRS EMPLOYER
IDENTIFICATION NO.)
975 SPAULDING
ADA, MICHIGAN
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
49301
(ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER,
INCLUDING AREA CODE: (616) 940-3800
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Item 8.01 Other Events.
McKenzie Bay International, Ltd. (the "Company") issued a press release, dated
January 03, 2005 entitled-"Corrections to The Ann Arbor News Article".
The press release is in its entirety below:
Corrections to The Ann Arbor News Article
Monday January 3, 3:04 pm ET
BRIGHTON, MI, Jan. 3 /PRNewswire-FirstCall/ - McKenzie Bay International Ltd.
(OTCBB:MKBY - News) was the subject of an article published in The Ann Arbor
News on December 28, 2004. The following are corrections to several
incorrect statements in the article.
- McKenzie Bay is an Ada, Michigan based company.
- McKenzie Bay has 14 non-binding site evaluation agreements with
parties who have expressed interest in WindStor System installations
and no contracts for any installations. Prior to any installation of
WindStor, McKenzie Bay and each prospective party must be satisfied
that adequate wind power exists at the respective location to provide
sufficient electricity production from a DERMOND Wind Turbine to
create an economically feasible WindStor facility. While wind testing
is being conducted, zoning, permitting and site location issues will
be addressed. If wind power is sufficient, all regulatory issues are
resolved, site plans are approved, McKenzie Bay is able to obtain
adequate financial resources, McKenzie Bay successfully obtains
working prototypes and pricing terms are agreed upon by prospective
customers, McKenzie Bay intends to begin to manufacture and install
WindStor. Mackenzie Bay has not received orders for any products.
- McKenzie Bay does not make a market in or trade its stock. McKenzie
Bay's stock is quoted on the OTC Bulletin Board and all trading
activity is conducted thru registered brokers. The OTC Bulletin Board
is not an exchange. To remain listed on the OTC Bulletin Board,
McKenzie Bay must file certain reports and other information with the
SEC in accordance with the Securities Exchange Act of 1934. The
listing does not affect any regulation applicable to McKenzie Bay or
its securities.
- Unless McKenzie Bay's stock price exceeds a certain price, brokers are
severely limited in recommending McKenzie Bay's stock to investors.
Mackenzie Bay has no idea if the listing of its stock on the OTC
Bulletin Board has or will have any effect on its share price or any
institutional recommendations.
- McKenzie Bay has not sold any WindStor Wind Turbines and/or WindStor
Systems and cannot determine or predict the number, if any, that it
will sell.
- McKenzie Bay has produced one WindStor Wind Turbine prototype and no
complete WindStor Systems. No meaningful testing has yet been
accomplished on the prototype which has recently been installed.
- Although McKenzie Bay has submitted a Request For Proposal for the
Freedom Tower vertical wind farm project, it is not aware of its
status in the selection process.
- McKenzie Bay has offices in Ada, MI; Montreal, QC Canada and
Rouyn-Noranda, QC Canada and small offices in Brighton, MI; Ann Arbor,
MI; London, ONT Canada and Toronto, ONT Canada, and 8 employees.
- McKenzie Bay does not presently intend to release any projections.
Contact: Investor Relations - Richard Kaiser - 800-631-8127
(001-757-306-6090)
McKenzie Bay International Ltd - info@mckenziebay.com
This information statement contains statements that are forward-looking
statements. In some cases, you can identify forward-looking statements by
terminology such as 'estimates,' 'anticipates,' 'plans,' 'believes,' 'projects,'
'expects,' 'intends,' 'predicts,' 'future,' 'may,' 'potential,' 'contemplates,'
'will,' 'should,' 'could,' 'would' or the negative of such terms or other
comparable terminology. These statements relate to the company's future
operations and financial performance or other future events. These statements
are only predictions and not guarantees of future success. Many of the forward-
looking statements are based on assumptions about future events that may prove
inaccurate. Actual events, results, performance or achievements may differ
materially from the events, results, performance or achievements discussed in
the forward-looking statements. These differences may result from a variety of
factors, including the following: lack of operating history; unavailability of
future equity infusions and other financing alternatives; failure or delays in
further developing proprietary processes or effectively commercializing such
processes; dependence on the success of entering the energy production market;
and concentration of ownership of the company's common stock by directors and
officers. These and other factors that may emerge could cause decisions to
differ materially from current expectations. Mckenzie bay undertakes no
obligation to revise, update or clarify forward-looking statements to reflect
events or conditions after the date of this information statement.
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Source: McKenzie Bay International Ltd.
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.
MCKENZIE BAY INTERNATIONAL, LTD.
Date:January 03, 2005
By: /s/ Gregory N. Bakeman
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Gregory N. Bakeman
Chief Financial Officer,
Treasurer and Director