FORM 8-K
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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 reported) September 27, 2002
USA VIDEO INTERACTIVE CORP.
(Exact name of registrant as specified in its chapter)
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WYOMING 0-29651 06-15763-91
(State or other jurisdiction (Commission (IRS Employer
of incorporation File Number) Identification No.)
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70 ESSEX STREET, MYSTIC, CONNECTICUT 06355
(Address of principal executive offices) (Zip Code)
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(800) 625-2200
Registrant's telephone number, including area code
Not Applicable
(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE.
On September 27, 2002, the Registrant announced that four employees of its
wholly owned subsidiary USVO Inc. have filed a complaint with the Connecticut
Department of Labor with respect to outstanding wages. The Registrant has been
in contact with the Connecticut Department of Labor. The Registrant intends to
satisfy this obligation forthwith.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Exhibit 99.1 News Release dated September 27, 2002
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.
USA VIDEO INTERACTIVE CORP.
Date: September 27, 2002 By: /s/ Anton J. Drescher
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ANTON J. DRESCHER,
CORPORATE SECRETARY
September 27, 2002 - MYSTIC, CONNECTICUT - USA Video Interactive (OTCBB: USVO;
TSX: US; BSE/FRANKFURT: USF; HTTP://WWW.USVO.COM/) wishes to advise that four
employees of its wholly owned subsidiary USVO Inc. had filed a complaint with
the Connecticut Department of Labor with respect to outstanding wages. The
Company has been in contact with the Connecticut Department of Labor. The
Company intends to satisfy this obligation forthwith.
ABOUT USA VIDEO INTERACTIVE
USVO is a developer and supplier of Internet media delivery services, systems,
and innovative end-to-end solutions. The Company developed its StreamHQ
architecture to provide a wide range of business customers with value-added
media delivery services. USVO holds the pioneering patent for store-and-forward
video, filed in 1990 and issued by the United States Patent and Trademark Office
on July 14, 1992; it has been cited by at least 145 other patents. USVO holds
similar patents in Germany, Canada, England, France, Spain, and Italy. For more
information, visit www.usvo.com.
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USA VIDEO INTERACTIVE Corporate Headquarters Office: 70 Essex Street, Mystic,
CT 06355 (860) 572-1560; Canada Office: 507 - 837 West Hastings Street,
Vancouver, BC V6C 3N6. Trading symbol on the OTCBB: USVO; Trading symbol on
the TSX Venture Exchange US; Trading symbol on the Berlin and Frankfurt Stock
Exchanges: USF. CUSIP 902924208. The TSX Venture Exchange (TSX) has not
reviewed and does not accept responsibility for the adequacy or accuracy of this
release. For more information contact Edwin Molina (860) 572-1560;
info@usvo.com
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The press release may contain forward-looking statements. Actual results may
differ materially from those projected in any forward-looking statements.
Investors are cautioned that such forward-looking statements involve risk and
uncertainties, which may cause actual results to differ from those described.