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:
January 3, 2005
AMERICHIP INTERNATIONAL INC.
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(Exact Name of Registrant as Specified in Charter)
Nevada 000-33127 98-0339467
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(State of Incorporation) (Commission File Number) (IRS Employer
Identification No.)
Plymouth Trade Center
9282 General Drive, Suite 100
Plymouth, MI 48170-4607
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(Address of principal executive offices) (Zip Code)
(313) 341-1663
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(Registrant's telephone number)
Check the appropriate box below if the Form 8-K is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2 below):
[_] 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. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
On January 3, 2005, we announced the appointment of Richard Zyla as our
Vice President of Process Improvement which will be effective upon the closing
of our acquisition of KSI Machine & Engineering Inc. ("KSI"), a supplier of
large industrial castings and molds for the automotive and aerospace industries.
We announced the acquisition of KSI on December 22, 2004.
Mr. Zyla has over 24 years of experience in the manufacturing industry.
Mr. Zyla is currently serving as Vice President of Engineering at our
wholly-owned subsidiary, AmeriChip Tool and Abrasives, LLC ("ATA"), which he
joined in June 2004. Prior to joining ATA, Mr. Zyla served as Vice President of
Sales and Engineering for National Abrasives Systems Co. ("NASCO") between 1995
and 2004.
Mr. Zyla will be paid a base salary of $40,000 per year and shall be
eligible to receive a bonus. Mr. Zyla previously received 125,000 shares of our
common stock in connection with our acquisition of NASCO in August 2004.
Our press release announcing this hiring is filed as Exhibit 99.1 and
incorporated herein by reference. A copy of the Employment Agreement will be
filed by amendment or in our next periodic report.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits Furnished.
99.1 Press Release, dated January 3, 2005.
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.
By: /s/ Marc Walther
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Marc Walther
President and Chief Executive Officer
AMERICHIP INTERNATIONAL INC.
Date: January 5, 2005