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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 APRIL 14, 2000
(Date of earliest event reported: April 9, 2000)
BULLET ENVIRONMENTAL TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
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<S> <C> <C>
Delaware 1-15165 98-0208402
(State of incorporation) (Commission File Number) (IRS Employer Identification No.)
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1177 West Hastings Street, #1818
Vancouver, British Columbia
Canada
(604) 602-1717
(Address, including zip code, and telephone number,
including area code, of registrant's principal executive offices)
Not applicable.
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
Registrant has terminated its negotiations with Somerset Financial
Partners, Inc, ("Somerset") for Registrant's acquisition of Somerset. Registrant
and Somerset executed a mutual termination and release agreement as of April 9,
2000. Registrant is not currently engaged in any business.
ITEM 7. EXHIBITS
99. Press release announcing mutual termination and release
agreement.
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.
BULLET ENVIRONMENTAL TECHNOLOGIES, INC.
Date /s/
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G.W. Norman Wareham,
President
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Exhibit 99.
Press Release
BULLET ENVIRONMENTAL TECHNOLOGIES, INC.
PRESS RELEASE
BULLET ENVIRONMENTAL TECHNOLOGIES, INC. ANNOUNCES TERMINATION OF ACQUISITION
OF SOMERSET FINANCIAL PARTNERS INC.
VANCOUVER, BRITISH COLUMBIA, April 13, 2000 -- Bullet Environmental
Technologies, Inc. (Electronic Pink Sheets - BLLE) announced today that it has
agreed with the shareholders of Somerset Financial Partners Inc. (Somerset) to
terminate the proposed transaction pursuant to which Bullet was to acquire 100%
of the capital stock of Somerset. Bullet is now seeking other opportunities for
acquisition.
Bullet is a publicly reporting "shell" company seeking acquisitions.
Statements made in this press release that are not historical or current facts
are "forward looking statements" made pursuant to the safe harbor provisions of
federal securities laws. Forward looking statements represent management's best
judgment as to what may occur in the future, but are subject to certain risks
and uncertainties that could cause actual results and events to differ
materially from those presently anticipated or projected.
SOURCE: Bullet Environmental Technologies, Inc.
