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 report) January 3, 2000
Commission file number 0-26105
AIR PACKAGING TECHNOLOGIES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 95-4337254
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(State or other jurisdiction (IRS Employer ID Number)
of incorporation of organization.)
25620 Rye Canyon Road, Valencia, CA 91355
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (661) 294-2222
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ITEM 1. CHANGES AND CONTROL OF REGISTRANT
N/A
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
N/A
ITEM 3. BANKRUPTCY RECEIVERSHIP
N/A
ITEM 4. CHANGES IN REGISTRANT'S CERTIFIED ACCOUNTANT
N/A
ITEM 5. OTHER EVENTS
Pursuant to shareholder approval on June 4, 1999, the outstanding shares of the
Company common stock were reverse split on a 1 new share for 10 old share basis,
effective January 4, 2000. In addition, the Articles of Incorporation of the
Company were amended to change the capitalization of the Company from
100,000,000 authorized common shares $0.001 par value to 50,000,000 authorized
common shares $0.01 par value. The effect of the reverse split is to reduce the
outstanding shares from 79,664,087 to approximately 7,966,409 shares. In
addition, all outstanding options, warrants and convertible debentures were
automatically adjusted to reflect the reverse split.
ITEM 6. RESIGNATION OF REGISTRANT'S DIRECTORS
N/A
ITEM 7. FINANCIAL STATEMENTS, PROFORMA FINANCIAL INFORMATION AND EXHIBITS
N/A
ITEM 8. CHANGE IN FISCAL YEAR
N/A
ITEM 9. SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S.
N/A
Pursuant to the requirement of the Securities Act of 1934, the registrant
has duly caused this report to be signed on its behalf of the undersigned
hereunto duly authorized.
Dated this 3 day of January, 2000
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AIR PACKAGING TECHNOLOGIES, INC.
By /s/ Donald M. Ochacher
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Donald M. Ochacher
CEO, President and Director
