U.S. SECURITIES AND EXCHANGE
COMMISSION WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Act of 1934
Date of Report (Date of earliest event reported): October 30, 2005
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HIENERGY TECHNOLOGIES, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 0 - 32093 91-2022980
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(State or other (Commission (I.R.S. Employer
Jurisdiction File Number) Identification No.)
of incorporation)
1601-B ALTON PARKWAY, UNIT B
IRVINE, CALIFORNIA 92606
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 949.757.0855
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(Former name or former address, if changed since last report)
HiEnergy Technologies, Inc. ("we", "us" or the "Company") files this report on
Form 8-K to report the following:
ITEM 8.01. OTHER EVENTS
On October 30, 2005, our research team reported that under certain laboratory
conditions our SIEGMA(TM) 3E3 explosive detection system was able to
consistently detect a simulant of the explosive known as TATP (triacetone
triperoxide), a home-made explosive used by terrorists in the recent London
bombings and commonly in terrorist bombings in Israel.
TATP, a highly explosive crystal powder, is generally easy to synthesize using
readily available chemicals, but is very difficult to detect mainly because of
its chemical composition. TATP does not contain nitrogen, which is the
"dominant" signature of most explosives, and its chemical formula (C9H18O6)
resembles the chemical formula for many common and non-explosive products, such
as sugar (C6H12O6). To our knowledge, there are no explosive detection devices
available in today's market that can non-invasively and chemically identify
TATP.
For purposes of our experiment, we used a sample of 4 Kg of TATP stimulant which
we measured using our SIEGMA(TM) 3E3 system. The key components of the empirical
chemical formula of the simulant were within 1% to 5% to that of TATP. Our
SIEGMA(TM) 3E3 was able to detect the chemical formula with a probability of
detection (PoD) of approximately 70%, with a False Alarm Rate (FAR) of only 2.5%
in less than 10 minutes. Our results have not been independently verified,
although we intend to schedule double-blind tests of TATP detection with the
participation of industry experts in order to independently verify these and
future results.
All research related to TATP detection has been developed independently by us
without the assistance of any governmental funds and, thus, is not subject to
any federal regulations or limitations governing its ownership and use. There is
no guarantee that the results we achieved in a laboratory and experimental
setting will successfully translate into real-world conditions.
FORWARD-LOOKING STATEMENTS
Any statements made in this report which are not historical facts contain
certain forward-looking statements, as such term is defined in the Private
Litigation Reform Act of 1995, concerning potential developments affecting the
business, prospects, financial condition and other aspects of the company to
which this report pertains. The actual results of the specific items described
in this disclosure, may differ materially from what is projected in such
forward- looking statements. These forward looking statements involve known and
unknown risks, uncertainties and other factors that may cause our actual
results, levels of activity, performance, or achievements to be materially
different from any future results, levels of activity, performance, or
achievement expressed or implied by such forward looking statements. Moreover,
neither we nor any other person assumes responsibility for the accuracy and
completeness of such statements. In some cases, you can identify forward looking
statements by terminology such as "may," "will," "should," "could," "intend,"
"expects," "plan," "anticipates," "believes," "estimates," "predicts,"
"potential," or "continue" or the negative of such terms or other comparable
terminology.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
HIENERGY TECHNOLOGIES, INC.
November 1, 2005 By: /s/ Bogdan C. Maglich
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(Date) Name: Bogdan C. Maglich
Title: Chief Executive Officer,
Chairman of the Board, President
and Treasurer