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) April 20, 1999
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Consumat Environmental Systems, Inc.
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(Exact name of registrant as specified in its charter)
Virginia
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(State or other jurisdiction of incorporation)
0-9253 54-0720128
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(Commission file number) (IRS Employer Identification No.)
8407 Erle Road, Mechanicsville, Virginia 23116
and
Post Office Box 9379, Richmond, Virginia 23227
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (804) 746-4120
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Item 6. Resignation of registrant's director
On April 20, 1999, the Company received notification from its Chairman,
Peter T. Socha that he had decided to resign as a director of the Company
effective as of the earlier of the next annual meeting or June 15, 1999.
In his letter, Mr. Socha stated that he did not feel that management of
the Company had kept the Board of Directors adequately informed of certain
recent occurrences, particularly as relates to the Company's financial default
position with its senior lender.
Management of the Company strongly disagrees with this assertion and
believes that it has attempted to keep its directors properly informed of all
significant corporate events in a timely manner.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
(c.) Exhibits:
Exhibit Number Description
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17 Resignation letter from Chairman of the Board Peter
T. Socha dated April 20, 1999.
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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 thereunto duly authorized.
Consumat Environmental Systems, Inc.
(Registrant)
Date: April 20, 1999 /s/ ROBERT L. MASSEY
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Robert L. Massey
Chief Executive Officer
Date: April 20, 1999 /s/ MARK E. HILLS
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Mark E. Hills
Chief Accounting Officer
PETER T. SOCHA
112 The Maine
Williamsburg, VA 23185
Board of Directors
Consumat Environmental Systems, Inc.
I have decided to resign as a Director of Consumat Environmental Systems, Inc..
This resignation will be effective at the earlier of the next annual meeting of
shareholders or June 15, 1999.
As many of you know, I have been very disturbed by the most recent surprise
regarding our financial default with Finova, formerly Sirrom Capital. This issue
was created on March 5, 1999 and should have been disclosed and discussed with
the full Board and Finova at the last regularly scheduled board meeting on March
25, 1999. It was not. This, combined with other past items, has created an
uncomfortable situation regarding the flow of information between management and
the Board of Directors.
Due to these facts and my past relationship with Sirrom, I do not believe that
it would be appropriate to participate in any discussions regarding any curative
actions with Finova.
Sincerely,
/s/ PETER T. SOCHA
