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) May 30, 2003 AMANASU ENVIRONMENT CORPORATION (Exact Name of Registrant as Specified in its Charter) NEVADA 0-32905 98 - 0347883 -------------- ---------------- -------------- (State or other (Commission file (IRS Employer jurisdiction of Number) Identification No.) incorporation) 701 FIFTH AVENUE, 36TH FLOOR, SEATTLE, WA 98109 ----------------------------------------------- (Address of principal executive offices) 206-262-8188 ------------ (Registrant's telephone number, including area code) Not applicable -------------- (Former name or former address if changed since last report) 1 Item 5. Other Events and Regulation FD Disclosure On May 30th, 2003, the Company entered into an agreement with Etsuro Sakagami (the Licensor) to license technology relating to the Ring Tube Desalinization Equipment on an exclusive worldwide basis. The licensing of the technology will remain in effect for 30 years from the date of this agreement. Effective the date of this agreement, the Company will immediately allot and issue by June 30, 2003, 1,000,000 fully paid and non assessable common shares to the Licensor. The Company will also, immediately allot and issue by June 30, 2003, fully paid common shares to F.C. Giken Kabushikigaisha as consideration for the referral fee. Item 6. Financial Statements and Exhibits (a) Financial statements of businesses acquired None (b) Pro forma financial information None (c) Exhibits 99.1 License Agreement SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Amanasu Environment Corporation By:/s/Atsushi Maki Atsushi Maki, President and CEO 2