UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of the Securitites and Exchange Act of 1934
August 27, 2003
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Date of Report
ENVIROKARE TECH INC
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(Exact Name of Registrant as Specified in its Charter)
Nevada
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(State or Other Jurisdiction of Incorporation)
000-26095 88-0412549
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(Commission File Number (IRS Employer Identification No.)
5850 T.G. Lee Blvd, Suite 535, Orlando, Florida 89120
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(address of Principal Executive Offices)(Zip Code)
(407) 856-8882
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(Registrant's Telephone Number, Including Area Code)
Not Applicable
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(Former Name or Former Address, if Changed since last Report)
Item 5. Other Events and Regulation FD Disclosure
In order to facilitate the Company's move toward experienced industry
management, Steve Pappas, Chairman of the Board of Directors and major
shareholder, has entered into a "blind trust" arrangement placing all of his
shares in the Company in trust for a period of three (3) with Dr. Walter V.
Gerasimowicz, giving him sole control over these shares as trustee.
Dr. Walter V. Gerasimowicz served as a Director of Advisory Services and Chief
Investment Strategist for high net worth investors in Lehman's Private Client
Services Division. As a Senior Vice-President he was responsible for portfolio
allocation, construction and rebalancing both on a global and on a domestic
basis, as well as for risk management and performance attribution. In his work
he deals with all security classes (fixed-income and equity), as well as with
index, derivative products and alternative investments such as private equity
and hedge funds, which can be utilized both to diversify and implement long
and/or short-term allocation decisions. Additionally, tax and monetization
strategies are an integral part of his work.
Prior to assuming his duties at Lehman Brothers, Dr. Gerasimowicz was Head of
the International Portfolio Advisory Group at J.P. Morgan where he pioneered
state-of-the art risk management techniques including downside risk measures and
methodologies. He also specialized in global and international fixed-income
strategies as it related to benchmark design, replication and out-performance
for major institutions including central banks, state pension funds and large
endowment funds. Additionally, he has worked closely with sovereign entities in
managing debt (re) issuance on liability side of the balance sheet. Prior to
joining J.P. Morgan he worked as a Senior Scientist for the U.S.D.A. and the
Naval Research Laboratories (NLR) in Washington, D.C. where he specialized in
multiple-quantum nuclear magnetic resonance and solid-state thermodynamic
research.
Dr. Gerasimowicz has a B.S. in Chemistry from Ursinus College, MS and Ph.D
degree in Physical Chemistry from Villanove University and an MBA in Finance
from Wharton School of the University of Pennsylvania.
Item 7. Financial Statements and Exhibits
c) Exhibits
Exhibit No. Description of Document
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99.1 Press Release dated August 25, 2003
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: August 27, 2003 Envirokare Tech Inc
/s/ George Kazantzis
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George Kazantzis, President