UNITED STATES
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): March 24, 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
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[_] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01 Other Events.
McKenzie Bay International, Ltd. (the "Company") issued a press release, dated
March 23, 2005 entitled-"MCKENZIE BAY UNVEILS NEXT GENERATION WIND TURBINE
DESIGN, ANTICIPATES COMMERCIAL INSTALLATIONS THIS SUMMER"; subtitle-"Blending
Function and Form, the WindStor(SM) Wind Turbine is Designed to be Safe and
Economical On or Near Urban Buildings"
The press release is in its entirety below:
Wednesday March 23, 10:00 am ET
MCKENZIE BAY UNVEILS NEXT GENERATION WIND TURBINE DESIGN, ANTICIPATES COMMERCIAL
INSTALLATIONS THIS SUMMER
Blending Function and Form, the WindStor(SM) Wind Turbine is Designed to be Safe
and Economical On or Near Urban Buildings
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--March 23, 2005-- McKenzie Bay
International Ltd. (OTCBB:MKBY - News) today introduces the commercial
production design of its WindStor(SM) Wind Turbine. A significant departure from
traditional, propeller-airplane-like wind turbines, this innovative design
features three curving blades coming together at the top of the mast, combining
grace, beauty, strength and efficiency. The design is believed to enjoy many
advantages over other wind turbine technologies for urban applications,
including innovative safety redundancies, noise reduction engineering and some
say it is beautiful! Illustrations of the new design can be viewed at the
company's website at www.mckenziebay.com ("About Us").
According to Guy Battle, founding partner of London, England based Battle
McCarthy Consulting Engineers and Landscape Architects, "The world is facing one
of its sternest challenges in the coming years. How do we continue to grow,
provide wealth, and yet respect and preserve the Earth? Part of the answer lies
in creating buildings that are not only resource efficient, but also actually
collect their own energy. This new approach by McKenzie Bay may be the perfect
solution."
"WindStor(SM)offers the prospect for the best of all worlds," says McKenzie Bay
President and CEO Gary Westerholm. "Assuming that WindStor(SM) performs as we
anticipate, business owners should be able to retain the stability of utility
power while enjoying energy cost savings without financial risks; utilities win
because distributed energy reduces stress on the grid; our country's homeland
security wins through diversification of our power supply; our shareholders win
because we expect to be cost competitive and earn a profit; and the environment
wins by reducing fossil fuel consumption and air pollution while helping to
build a secure and sustainable future."
McKenzie Bay's building integrated wind turbine solution will produce power
whenever there is sufficient wind. The turbine has been finely engineered and is
a result of over 20 years of research. It is robust, efficient, safe, and is
aesthetically pleasing to the eye.
Brian Douglas, Director of Business Development at the Association of Energy
Engineers says, "This breakthrough design is one of the most innovative we have
seen in years. We anticipate great things from this cutting edge wind power
design and system, which seems to embody both renewable energy benefits and
emerging technology advantages."
WindStor Power Co., a wholly owned McKenzie Bay subsidiary, intends to sell
electricity to customers and, after negotiating power purchase agreements, begin
to contract-manufacture and install WindStor Wind Turbines. WindStor Power Co.'s
ability to contract manufacture and install WindStor(SM)is dependant upon
sufficient wind power at specific sites, satisfactory resolution of all
regulatory issues, approval of site plans and its ability to obtain adequate
financial resources.
About McKenzie Bay: Michigan-based McKenzie Bay subsidiary WindStor Power Co is
the owner and developer of WindStor(SM), a wind energy system designed to
integrate distributed generation wind power installed on or near a building with
grid power. WindStor(SM) will feature WindStor Wind Turbines, a proprietary
system integrator and, if applicable, a battery.
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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Contact:
McKenzie Bay International Ltd.
Richard Kaiser, 800-631-8127
email: rich@yesinternational.com
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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:March 24, 2005
By: /s/ Gregory N. Bakeman
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Gregory N. Bakeman
Chief Financial Officer,
Treasurer and Director