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: OCTOBER 9, 2001
TRIDENT SYSTEMS INTERNATIONAL INC.
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(Exact name of registrant as specified in its charter)
NEVADA 000-30769 87-0419231
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
180 Newport Center Drive, Suite 100
Newport Beach, California 92660
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(Address of executive offices and Zip Code)
Registrant's telephone number, including area code: (949) 644-2454
not applicable
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(Former name or former address, if changed since last report)
Item 5. Other Material Events
A revaluation of "Marketable Securities" carried on the Company's
balance sheet at June 30, 2001 reflects a value of $1,199,975 rather than
$2,200,000 as contained in the Consolidated Financial Statements for the quarter
ended June 30, 2001.
Subsequent to June 30, 2001, the Company has determined that an
amicable resolution of its differences with JBE Electronics, Inc. cannot be
made. As such, the transaction has been rescinded.
As to Futronix, Inc., the Company remains unable to obtain current
financial statements at June 30, 2001. Discussions continue as to a resolution
of this matter.
Depending on the resolution of various matters, the Company will either
file an amended quarterly report for the six months ended June 30, 2001 or file,
as timely as possible, its quarterly report for the nine months ended September
30, 2001.
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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.
Date: October 9, 2001 By: \s\ Alan R. Sporn
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Alan R. Sporn
CEO and President
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