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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
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Date of Report (Date of earliest event reported) October 25, 1999
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REGISTRY MAGIC INCORPORATED
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(Exact name of registrant as specified in its charter)
Florida 0-24283 65 062 3427
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(State or other jurisdiction (Commission File (IRS Employer
or incorporation) Number) Identification No.)
One South Ocean Boulevard, Suite 206, Boca Raton, Florida 33486
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(Address of principal executive offices, including zip code)
Registrant's telephone number, including are code (561) 367-0408
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N/A
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
The Company has entered into a Settlement Agreement and General Releases
with its former President, Chief Executive Officer and member of its Board of
Directors, Mr. Walter Nawrocki. Under the terms of the Agreement with Walt
Nawrocki and Elizabeth Nawrocki (the "Nawrockis"), the Company dismissed with
prejudice a pending action (Registry Magic Incorporated, a Florida corporation,
Plaintiffs vs. Walt Nawrocki and Elizabeth Nawrocki, Defendants, Case No.
CL '99-8014A1 in the Circuit Court of the 15th Judicial Circuit, in and for Palm
Beach County, Florida). Also, as part of the Settlement Agreement, the
Nawrockis sold to the Company 300,000 shares of Common Stock owned by the
Nawrockis for $30,000. The parties exchanged general releases as part of the
Settlement Agreement.
In addition, the Company also entered into an Agreement with its former
Vice President of Business Development, Mr. Neal Bernstein. Under the terms of
the Agreement with Neal Bernstein and Leslie Bernstein (the "Bernsteins"), the
Bernsteins have sold to the Company 300,000 shares of Common Stock owned by the
Bernsteins for an undisclosed amount. The parties exchanged general releases as
part of the Agreement.
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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.
REGISTRY MAGIC INCORPORATED
By: /s/ Bruce Carlsmith
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Bruce Carlsmith
Acting Principal Executive Officer
DATED: October 29, 1999
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