UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) November 17, 2005
-----------------
Ovation Products Corporation
- --------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in Its Charter)
Delaware
- --------------------------------------------------------------------------------
(State or Other Jurisdiction of Incorporation)
000-51145 02-0510323
- --------------------------------------------------------------------------------
(Commission File Number) (IRS Employer Identification No.)
395 EAST DUNSTABLE ROAD
NASHUA, NEW HAMPSHIRE 03062
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
(603) 891-3224
- --------------------------------------------------------------------------------
(Registrant's Telephone Number, Including Area Code)
- --------------------------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
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 (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 8.01 OTHER EVENTS
On November 17, 2005, Ovation Products Corporation tested a new version
of its distiller, which was designed to be the production version and a
commercially-viable unit. In day long testing of the new distiller, a
progressive series of adjustments increased the output flow of distilled water
from 12 gallons per hour to 22 gallons per hour, which is in the targeted range
of the new design and is a higher output than achieved from earlier designs that
were more than twice the size and weight. The new unit is approximately three
feet tall and one foot in diameter - about the size of a fire hydrant. The
output water was tested and achieved the purity expected of distilled water. The
unit used approximately 54 watt-hours of electricity per gallon of distilled
water, and Ovation anticipates that the production units will achieve the design
goal of 40 watt-hours per gallon, which translates into an electrical energy
cost of approximately $0.004 per gallon.
Ovation is in the process of releasing parts orders for a pilot run of
11 units. Ovation anticipates that those pilot units will be assembled in the
first half of 2006, and may be available for testing by existing and prospective
strategic partners in the second quarter of 2006. Ovation anticipates that it
will be in commercial production in the third quarter of 2006. Any delays in
Ovation's ability to secure funding will have a negative impact on the timeline
to reach commercial production.
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: November 22, 2005 Ovation Products Corporation
By: /s/ Robert MacDonald
----------------------------------
Name: Robert MacDonald
Title: Chief Executive Officer