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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 earlier event reported): December 26, 1997
NUTRONICS INTERNATIONAL, INC.
(Exact Name of Registrant as specified in its Charter)
Delaware 0-28144 13-3859706
(State of Incorporation (Commission File No.) (IRS Identification Number)
or other Jurisdiction)
51 Hudson Point Lane
Ossining, New York 10562
(Address of Principal Executive Officers)
(914) 941-2863
Registrant's telephone number
including area code
(Former Name or Former Address,
if Changed Since Last Report)
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Item 1. Change in Control of Registrant.
See Item 5.
Item 5. Other Events.
The Company has reached an agreement in principal to acquire (the
"Acquisition") all of the issued and outstanding capital stock of four holding
corporations (the "Targets"), in exchange for 10,000,000 shares of common stock,
par value $.01 per share (the "Common Stock") of the Company. The Targets and
their affiliates collectively own controlling interests of three Moldovian
corporations (the "Asset Entities"). The operations of the Asset Entities
consist of a bank, an insurance company and a hotel, all of which entities
conduct their operations in Moldovia. Closing of the proposed Acquisition is
subject to a number of conditions precedent including, but not limited to,
satisfactory due diligence by both of the parties, execution of definitive
documentation relating to the Acquisition and the Company effectuating a reverse
stock split of the outstanding shares of Common Stock of the Company so that
immediately prior to the Acquisition the Company will have issued and
outstanding 1,000,000 shares of Common Stock. No assurance can be given when, if
ever, that the Acquisition will be completed, or if completed, on any of the
terms discussed herein.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
None.
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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.
NUTRONICS INTERNATIONAL, INC.
Dated: As of December 26, 1997 By:/s/ Edward Cowle
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Name: Edward Cowle
Title: President
