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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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) August 6, 1998
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CASH TECHNOLOGIES, INC.
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(Exact name of Registrant as specified in charter)
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Delaware 000-24569 95-4558331
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
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1434 West 11th Street Los Angeles, California 90015
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (213)745-2000
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER ITEMS
On August 6, 1998, the Board of Directors of the Company voted to increase
the size of the Board of Directors from two (2) to five (5) persons. The new
directors of the Company are Messrs. Robert Fagenson, Edward G. Harshfield and
Vincent Carrino. The continuing directors are Mr. Bruce Korman and Mr. Richard
Miller. All of the Company's five directors will serve until the next annual
meeting of shareholders.
Mr. Fagenson is the managing partner of the New York Stock Exchange
specialist firm of Fagenson, Frankel & Streicher. Mr. Fagenson presently serves
as Vice Chairman of the New York Stock Exchange.
Mr. Harshfield is Vice Chairman of California Federal Bank FSB, one of the
nation's largest savings institutions.
Mr. Carrino is a founder and Managing Partner of Brookhaven Capital, a
California based investment firm with over $300 million in managed funds. Mr.
Carrino is also a director of Rentway, Inc. and Showpower, Inc. two publicly-
held companies.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits
None.
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SIGNATURE
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.
CASH TECHNOLOGIES, INC.
(Registrant)
By: /s/Bruce Korman
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Bruce Korman
Chief Executive Officer
Dated: August 10, 1998
