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 earliest event reported) October 07, 1999
AMERICAN ACCESS TECHNOLOGIES, INC.
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(Exact name of registrant as specified in its charter
Florida 59-3410234
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(State or other jurisdiction (IRS Employer Identification No.
of incorporation)
37 Skyline Dr. Suite 1101, Lake Mary, FL 32746
Registrant's telephone number, including area code: (407) 333-1446
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Item 5. Other Events
On October 7, 1999, a lawsuit in the U.S. District Court for the
Eastern District of New York against CAPITAL INTERNATIONAL SECURITIES GROUP,
SERGIO M. ROVNER, DAVID RUBIN, KEITH FELDMAN, WILLIAM ZELAYA, JOHN ZELAYA,
AMERICAN ACCESS TECHNOLOGIES, INC., VICTOR E. MURRAY, RICHARD A. MURRAY, BOBBY
STORY, JOHN W. COONEY, VICTOR D. PHILLIPS, JOHN PRESLEY, STEVEN K. ROBINSON,
ERIK WIISANEN, BRIDGE BANK, LTD., HUGO SOTO, and ANDRES MANDEL was served on the
Registrant. The suit seeks damages in an unknown amount but believed by
plaintiffs to be in excess of $30,000,000 and also includes a request for treble
damages, The suit alleges that the defendants manipulated and artificially
inflated the market price of our common stock.
Item 6. Resignation of Registrant's Directors
On August 25, 1999, Charles Frampton resigned as a director and Chief
Financial Officer.
On October 1, 1999, Victor D. Phillips resigned as a director.
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 hereunto duly authorized.
AMERICAN ACCESS TECHNOLOGIES, INC.
October 19, 1999 By: /s/John Presley
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John Presley, President
