FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of July, 1998
TURBODYNE TECHNOLOGIES INC.
----------------------------------------------------------------------------
(Translation of registrant's name into English)
21700 Oxnard Street, Suite 1550, Warner Center, Woodland Hills, CA 91367
----------------------------------------------------------------------------
(Address of principal executive offices)
[Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20- F or Form 40-F.
Form 20-F X Form 40-F
[Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No X
[If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b):82
SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
TURBODYNE TECHNOLOGIES INC.
---------------------------
(Registrant)
Date: JULY 13, 1998 By: /S/ LEON E. NOWEK
----------------------- ----------------------
"LEON E. NOWEK"
----------------------
Director/Vice Chairman
*Print the name and title of the signing officer under his signature
1
<PAGE>
THIS IS THE FORM OF MATERIAL CHANGE REPORT REQUIRED UNDER SECTION 85(1) OF THE
SECURITIES ACT.
FORM 27
SECURITIES ACT
MATERIAL CHANGE REPORT UNDER SECTION 85(1) OF THE ACT
ITEM 1. REPORTING ISSUER
----------------
TURBODYNE TECHNOLOGIES INC.
Suite 510, 1090 West Pender Street
Vancouver, British Columbia V6E 2N7
Telephone: 604-682-8854
Facsimile: 604-688-8621
ITEM 2. DATE OF MATERIAL CHANGE
-----------------------
July 10, 1998
ITEM 3. PRESS RELEASE
-------------
July 10, 1998
ITEM 4. SUMMARY OF MATERIAL CHANGE
--------------------------
Turbodyne Technologies Inc. ("Turbodyne") announced the
permanent appointments of Mr. Khal Kader as Chief Financial
Officer, and Mr. Duane Rosenheim as Chief Operating Officer.
ITEM 5. FULL DESCRIPTION OF MATERIAL CHANGE
Turbodyne announced the permanent appointments of Mr. Khal
Kader as Chief Financial Officer, and Mr. Duane Rosenheim as
Chief Operating Officer.
"Mr. Kader joins Turbodyne from the international accounting
firm of KPMG Peat Marwick LLP ("KPMG")," said President & CEO
Walter Ware. "We are pleased to have a man of Mr. Kader's
background and expertise at Turbodyne. His experience working
with manufacturing concerns makes him more than qualified to
serve as the company's financial officer."
While at KPMG, Mr. Kader was responsible for managing
multiple financial audits, performing due diligence for
acquisitions, preparing financial statements,
2
<PAGE>
and preparing policy and procedure manuals for several private
and public sector clients, specializing in manufacturing. Mr.
Kader received his Bachelor of Science degree in Accounting
from the University of Southern California and he is a
Certified Public Accountant.
Mr. Rosenheim recently joined Turbodyne Systems, Inc. as Vice
President of Operations and is a veteran of General Motors'
Delco Systems Division. In his last position at Delco, he was
responsible for the overall commercialization of electronic
products into full scale production and all aspects of
manufacturing. He has a Bachelor of Science degree in
Electrical Engineering from Milwaukee School of Engineering
and a Masters degree in Management from the University of
Redlands.
"Since joining Turbodyne, Mr. Rosenheim has shown that he has
the skill and the know-how to take Turbodyne to the next
level," said Ware. "His hands-on experience with transitioning
new products into commercial production will contribute to
Turbodyne's continued success in becoming a world-class
manufacturing company."
These appointments replace the functions that were performed
by John Singleton, who has resigned and is no longer with
Turbodyne.
ITEM 6. RELIANCE ON SECTION 85(2) OF THE ACT
------------------------------------
Not applicable.
ITEM 7. OMITTED INFORMATION
-------------------
Not applicable.
ITEM 8. SENIOR OFFICERS
---------------
Mr. Walter F. Ware
President & Chief Executive Officer
c/o Turbodyne Technologies Inc.
21700 Oxnard Street
Suite 1550, Warner Center
Woodland Hills, California 91367
Telephone: (800) 350-2031
Facsimile: (818) 593-2284
3
<PAGE>
ITEM 9. STATEMENT OF SENIOR OFFICER
---------------------------
The foregoing accurately discloses the material change
referred to herein.
JULY 13, 1998
- ------------------------
Date
/S/ LEON E. NOWEK
- ------------------------
(signature)
LEON E. NOWEK
- ------------------------
Name
DIRECTOR/VICE CHAIRMAN
- ------------------------
Position
WOODLAND HILLS,CA
- ------------------------
Place of Declaration
4
<PAGE>
