UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
COMMISSION FILE NO.: 0-28887
Date of Report: January 3, 2005
GREENWORKS CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 22-3328734
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(State of other jurisdiction of (IRS Employer
incorporation or organization Identification No.)
111 Howard Street, Suite 108, Mt. Arlington New Jersey 07856
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(Address of principal executive offices) (Zip Code)
(973) 398-8183
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(Registrant's telephone number including area code)
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))
Item 5.02 Election of Director
On January 3, 2005 GreenWorks' Board of Directors voted to increase the size
of the Board to two members, and to elect Kevin Kreisler to fill the vacancy
on the Board. Mr. Kreisler will not be sitting on any committees of the
Board, as there are no committees.
Mr. Kreisler is the sole owner of GreenSpace Capital, LLC. On October 27,
2004 GreenSpace Capital, LLC and Acutus Capital, L.L.C. sold to GreenWorks
all of the capital stock of GreenWorks Engineering Corp. Each of the sellers
received from GreenWorks preferred stock that was subsequently converted into
50,000,000 shares of GreenWorks common stock and a promissory note for
$100,000, which was satisfied during the following week. GreenSpace Capital
subsequently transferred its shares to GreenShift Corporation, which is also
owned by Mr. Kreisler.
EXHIBITS
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 hereunto duly authorized.
GREENWORKS CORPORATION
Dated: January 7, 2005 By: /s/ James L. Grainer
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James L. Grainer,
Chief Executive Officer