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 ( date of earliest event reported) : April 21st, 2005 ORGANITECH U.S.A. INC. (Exact name of Registrant as specified in its charter) Delaware 0-XXXXXX 0969365 -------- -------- ------- (State or other jurisdiction (Commission File No.) (IRS Employer of incorporation) Identification No.) YOQNEAM INDUSTRIAL AREA P.O. BOX 700, YOQNEAM 20692, ISRAEL 972-4-959-0515 (Address of principal place of business or intended principal place of business) LIOR HESSEL, PRESIDENT AND CHIEF EXECUTIVE OFFICER YOQNEAM INDUSTRIAL AREA P.O. BOX 700, YOQNEAM 20692, ISRAEL 972-4-959-0515 (Name, address and telephone number of agent for service) ITEM 8.01 OTHER EVENTS Yoqneam, April 21st, 2005 On April 12, 2005, OrganiTECH was notified by the NASDAQ that its securities were ineligible for further quotation on the OTC Bulletin Board and were delisted as of April 14, 2005. OrganiTECH's securities are eligible for quotation on the pink sheet so that its new symbol is currently ORGT.PK. The above event followed a hearing with the NASDAQ in order for the Company to explain the reasons for the delayed auditor opinion of the 2002 - 2003 reports. The Company filed its form 10KSB for 2003 - 2002 with the SEC. The SEC advised the Company that its Auditors (RRBO) for the year 2002 were not known by the SEC, and advised RRBO to request approval to practice before the Commission and therefore, advised OrganiTECH that the RRBO Audit reports do not comply with SEC Regulation. The Company had engaged APM as its Auditors for 2003. Since then, APM has been conducting an audit of OrganiTECH's 2003 (comparative to 2002) financial statements and, at the same time, was engaged by RRBO to request qualification to practice before the Commission. Once the SEC has made its determination that RRBO (now Oren Horowitz) has met the SEC qualifications to practice before the SEC, and APM completes its audit, the Company will be able to file an Audited 10KSB for 2002 and 2003 and then will do its best to fully comply with all listing requirements in order to be relisted on the NASDAQ as soon as possible. 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. Date: April 21st, 2005 OrganiTECH U.S.A., INC. By: /s/ Lior Hessel ------------------- Lior Hessel, President