U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-QSB
[X] Quarterly report pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934 for the quarterly period ended June 30, 2000.
[ ] Transition report pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
For the transition period from _____________ to _______________.
Commission File No. 0-23226
ROCHEM ENVIRONMENTAL, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
UTAH 76-0422968
(STATE OF (IRS EMPLOYER
INCORPORATION) IDENTIFICATION NUMBER)
610 N. MILBY ST.
HOUSTON, TEXAS 77003
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
Registrant's telephone number, including area code: (713) 224-7626
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
Yes [X] No [ ]
As of August 11, 2000, the registrant had 19,184,751 shares of Common
Stock, par value $0.001 per share, issued and outstanding.
Transitional Small Business Disclosure Format. (Check one):
Yes [ ] No [X]
<PAGE>
ROCHEM ENVIRONMENTAL, INC.
FORM 10-QSB REPORT INDEX
10-QSB PART AND ITEM NO.
Part I Financial Information
Item 1. Financial Statements (Unaudited)
Consolidated balance sheet as of
June 30, 2000................................... 3
Consolidated statement of operations for the
three months ended June 30, 2000 and 1999....... 4
Consolidated statement of operations for the
nine months ended June 30, 2000 and 1999........ 5
Consolidated statement of cash flows for the
nine months ended June 30, 2000 and 1999....... 6
Notes to consolidated financial statements....... 7
Item 2. Management's Discussion and Analysis of Financial
Condition and Results of Operations............. 9
Part II Other Information
Item 1. Legal Proceedings................................13
Item 2. Changes in Securities............................13
Item 3. Defaults Upon Senior Securities..................13
Item 4. Submission of Matters to a Vote of Security
Holders.........................................13
Item 5. Other Information................................13
Item 6. Exhibits and Reports on Form 8-K.................13
Signature.........................................................15
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ROCHEM ENVIRONMENTAL, INC AND SUBSIDIARY
CONSOLIDATED BALANCE SHEET
AS OF JUNE 30, 2000
ASSETS
Current assets:
Cash and cash equivalents ............................. $ 50,976
Trade accounts receivable ............................. 314,488
Inventory ............................................. 1,244,945
Prepaid expenses ...................................... 8,720
------------
Total current assets .......................... 1,619,129
Inventory ..................................................... 47,465
Property and equipment, net ................................... 551,470
Other assets .................................................. 13,989
------------
Total assets .................................. $ 2,232,053
============
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current liabilities:
Accounts payable ...................................... $ 152,429
Accrued expenses ...................................... 92,626
Notes Payable ......................................... 7,631
Notes payable to related parties ...................... 500,000
Payable to related parties ............................ 33,809
Customer deposits ..................................... 1,799,996
------------
Total current liabilities ..................... 2,586,491
Note payable to bank .......................................... 5,615
Note payable to related parties ............................... 480,136
------------
Total liabilities ............................. 3,072,242
Stockholders' equity (Deficit):
Common stock, $.001 par value, 50,000,000
shares authorized, 19,184,751 issued and
outstanding ................................... 19,185
Preferred stock, no par value, 10,000,000 shares
authorized, none outstanding .................. 0
Additional paid-in capital ............................ 10,331,330
Accumulated deficit ................................... (11,190,704)
------------
Total stockholders' equity .................... (840,189)
------------
Total liabilities and stockholders' equity .... $ 2,232,053
============
The accompanying notes are an integral part of the consolidated financial
statements.
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ROCHEM ENVIRONMENTAL, INC. AND SUBSIDIARY
CONSOLIDATED STATEMENT OF OPERATIONS
(UNAUDITED)
THREE MONTHS ENDED JUNE 30,
-----------------------------
2000 1999
------------ ------------
Revenues:
Service and lease ......................... $ 1,500 $ 233,919
Product sales .............................. 25,357 174,000
Product demonstrations ..................... 0 19,813
------------ ------------
Total revenues ........................ 26,857 427,732
Cost of sales:
Product Costs ............................. 21,886 204,693
Depreciation expense ...................... 0 44,856
------------ ------------
Total cost of sales .................... 21,886 249,549
------------ ------------
Gross profit ................................. 4,971 178,183
Selling, general and administrative
expenses:
Depreciation and amortization expense ..... 48,690 109,955
Other expenses ............................ 175,816 220,758
------------ ------------
Total selling, general and
administrative expenses ................ 224,506 330,713
Loss on sale of assets ....................... 5,924 0
Interest expense(income), net ................ 13,384 20,515
------------ ------------
Net loss .................................. (238,843) (173,045)
------------ ------------
Net loss applicable to common stock ....... $ (238,843) $ (173,045)
============ ============
Net loss per share ........................ $ (0.01) $ (0.01)
============ ============
Weighted average shares outstanding .......... 19,184,751 19,184,751
============ ============
The accompanying notes are an integral part of the consolidated financial
statements.
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ROCHEM ENVIRONMENTAL, INC. AND SUBSIDIARY
CONSOLIDATED STATEMENT OF OPERATIONS
(UNAUDITED)
NINE MONTHS ENDED JUNE 30,
-----------------------------
2000 1999
------------ ------------
Revenues:
Service and lease ......................... $ 50,518 $ 634,696
Product sales .............................. 28,660 827,665
Product demonstrations ..................... 5,000 48,853
------------ ------------
Total revenues ........................ 84,178 1,511,214
Cost of sales:
Product Costs ............................. 88,430 834,866
Depreciation expense ...................... 36,531 126,337
------------ ------------
Total cost of sales .................... 124,961 961,203
------------ ------------
Gross profit (loss) .......................... (40,783) 550,011
Selling, general and administrative
expenses:
Depreciation and amortization expense ..... 116,223 328,601
Other expenses ............................ 563,951 699,580
------------ ------------
Total selling, general and
administrative expenses ................ 680,174 1,028,181
Loss on sale of assets ....................... 5,924 0
Interest expense(income), net ................ 47,669 61,367
------------ ------------
Net loss .................................. (774,550) (539,537)
------------ ------------
Net loss applicable to common stock ....... $ (774,550) $ (539,537)
============ ============
Net loss per share ........................ $ (0.04) $ (0.03)
============ ============
Weighted average shares outstanding .......... 19,184,751 19,184,751
============ ============
The accompanying notes are an integral part of the consolidated financial
statements.
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ROCHEM ENVIRONMENTAL, INC. AND SUBSIDIARY
CONSOLIDATED STATEMENT OF CASH FLOWS
NINE MONTHS ENDED JUNE 30,
---------------------------
2000 1999
------------ ------------
Cash flows from operating activities:
Net loss .......................................... $ (774,550) $ (539,537)
Adjustments to reconcile net loss to net
cash used in operating activites:
Depreciation and amortization ..... 152,754 454,938
Accretion of note discount ........ 6,796 20,403
Loss on assets sold ............... 5,924
Changes in assets and liabilities:
Trade accounts receivable ......... (241,687) (89,672)
Inventory ......................... (1,219,939) 55,125
Prepaid expenses .................. 2,029 16,606
Accounts payable .................. 32,595 (8,596)
Accrued expenses .................. 22,894 47,477
Deferred revenues ................. 1,799,996 (88,385)
Payable to related party .......... 13,252 335,762
------------ ------------
Net cash used in operating activities ............. (199,936) 204,121
------------ ------------
Cash flows from investing activities:
Capital expenditures .............. (2,982) (122,956)
Proceeds from the sale of assets .. 60,000 0
------------ ------------
Net cash provided by investing activities ......... 57,018 (122,956)
------------ ------------
Cash flows from financing activities:
Increase in restricted cash ......... 0 (6,144)
Proceeds from sale of common stock . 0 1,000
Loan Proceeds ...................... 0 22,468
Loan Payments ...................... (5,524) (3,314)
------------ ------------
Net cash used in financing activities ............. (5,524) 14,010
Net increase (decrease) in cash and cash
equivalents...................................... (148,442) 95,175
Cash and cash equivalents beginning of period ..... 199,418 226,207
------------ ------------
Cash and cash equivalents end of period ........... $ 50,976 $ 321,382
============ ============
Supplemental disclosure of cash flow information:
Interest paid ............................. $ 1,493 $ 1,782
Income tax paid ........................... 0 0
The accompanying notes are an integral part of the consolidated financial
statements.
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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Unaudited)
1. GENERAL:
The accompanying consolidated financial statements are unaudited, but, in the
opinion of management, include all adjustments necessary for a fair
presentation of the consolidated financial position and results of operations
for the periods presented. Please refer to the audited financial statements
for the year ended September 30, 1999, for details of accounting policies and
accounts.
2. SIGNIFICANT CUSTOMERS AND RELATED PARTY:
The Company had sales constituting approximately 81% of revenue from one
customer during the three months ended June 30, 2000. The Company had sales
constituting approximately 30% of revenue from one customer during the nine
months ended June 30, 2000. Service and lease revenue constituting
approximately 6% of revenue from one customer during the nine months ended
June 30, 2000. The Company had service and lease revenue constituting
approximately 60% from four customers, of which 17% was with a related party,
during the nine months ended June 30, 2000.
3. NOTES PAYABLE:
Notes payable as of June 30, 2000 are as follows:
Notes payable to banks
Woodforest Bank $ 11,148
Citizens Bank & Trust $ 2,098
--------
$ 13,246
Notes payable to related party
10.5%, $500,000 face value, interest
imputed at 14.7%, unsecured, principal
and interest due May 31, 2000 $500,000
========
4. SUBSEQUENT EVENT:
In December 1999, the Company received notice from Pall Corporation that it
intended to pursue the termination of the Distributor Agreement if the
Company did not pay its outstanding accounts payable owed to Pall
Corporation. In July 2000, the Company executed a promissory note with Pall
Corporation for the principal sum of $480,136.67, together with interest
thereon at a rate of 10% per annum on the unpaid balance. Upon execution of
the note, interest was paid on the unpaid balance of the principal from
December 31, 1999. Interest will be paid on a quarterly basis, beginning
September 30, 2000. The entire principal is due and payable on or before
December 31, 2002. In addition, the Company executed a Letter of Intent with
Pall Corporation whereby Pall Corporation will return 8,589,714 shares of our
Company
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common stock and give up their seat on the board. In return, the Company
agrees to terminate its Distributor Agreement with Pall dated September 1,
1993. This transaction will be voted upon by the shareholders at the annual
meeting scheduled for September 20, 2000.
In September 1998, the Company obtained a $500,000 loan from Rochem Group SA,
an affiliate of Fluid Separation Systems. The loan, which bears an interest
rate of 10.5% per annum, with interest payable upon maturity had an original
maturity date of December 31, 1999 and was subsequently extended to May 31,
2000. In July 2000, the Company entered into a separate Letter of Intent with
Rochem Group, an affiliate of Rochem AG and Fluid Separation Systems, whereby
Rochem Group has agreed to extend its loan of $500,000 which was due on
December 31, 1999 until July 31, 2001. In addition, the interest rate will be
reduced from 10.5% per annum to 10% per annum. To date, the Company has not
made any principal or interest payment on this loan. Past interest is to be
paid at the execution of the final agreement. Thereafter, interest will be
paid on a quarterly basis. The letter of intent also provides for an
exclusive agency agreement for Rochem's grey water and black water treatment,
as well as, bilge and ballast water treatment for the marine shipping market,
including naval applications.
On August 3, 2000 the Company announced the resignation of Mr. Neuman as
chairman, chief executive officer, chief financial officer and secretary of
the Company. The board of directors appointed Mr. Philip LeFevre, a current
board member, to succeed Mr. Neuman effective immediately as chairman, chief
executive officer, chief financial officer and secretary of the Company. Mr.
Neuman will remain as a member of the board of directors and the Company's
President allowing him to focus his efforts of further development of key
business lines.
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ITEM 2 MANAGEMENT'S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS
This section contains forward-looking statements that are based on current
Company expectations and are subject to a number of factors that could cause
actual results to differ materially. Such factors include, but are not limited
to, market demand, competitive pricing considerations, regulatory approval and
market acceptance of new technologies.
RESULTS OF OPERATIONS
Rochem Environmental, Inc., a Utah corporation (the "Company"), is
primarily engaged in the business of providing equipment and services for the
recovery of high quality water and the removal of contaminants from industrial
and hazardous waste water streams using membrane separation technology. Prior to
July 2000, the Company had been utilizing patented reverse osmosis and
nanofiltration technology that was licensed exclusively to it through a
distributor agreement from Pall Rochem (formerly, Rochem Separation Systems,
Inc.), a wholly owned subsidiary of Pall Corporation. In July 2000, the Company
executed a letter of intent with Pall Corporation whereby Pall Corporation will
return 8,589,714 shares of the Company common stock and give up their seat on
the board and the Company in turn will terminate its distributor agreement with
Pall dated September 1, 1993. The Company's shareholders are scheduled to vote
on this transaction in September 2000. During the fourth quarter of Fiscal 1999,
the Company realized an asset impairment of $3,488,058 related to the write down
of the remaining value of the distributor agreement from Pall Rochem, reducing
the cost to $0. The Company entered into a separate letter of intent with Rochem
Group, an affiliate of Rochem AG, whereby Rochem Group will provide an exclusive
agency agreement for Rochem's FM module for use in the marine shipping market,
including naval applications. Management believes this process is superior to
other membrane technologies in its ability to cost effectively treat a wide
variety of wastewaters with the recovery of relatively pure water and the
concentration of products and by-products for reuse or disposal.
The Company had performed water treatment services at a refinery until
July 1999. Due to a change in maintenance procedures, the Company's services
were no longer required for this work. As a result, the Company's consolidated
revenues decreased by 94% to $84,178 for the nine months ended June 30, 2000,
from $1,511,214 for the nine months ended June 30, 1999. The Company has been
unsuccessful in replacing that revenue stream. The consolidated revenues
decreased to $26,857 for the three months ended June 30, 2000, from $427,732 for
the three months ended June 30, 1999. All of the Company's resources have been
focused on the successful installation and acceptance of two grey water systems.
There can be no assurances that final acceptance and payment will be received
from the client.
The revenue generated by product sales decreased dramatically during the
nine months ended June 30, 2000 with $28,660 of revenue as compared to $827,665
of revenue for the nine months ended June 30, 1999. Revenue from service and
lease related activities of $50,518 is lower for the nine months ended June 30,
2000, from $634,696 for the nine months ended June 30, 1999. During the three
months ended June 30, 2000 revenue generated by product sales decreased to
$25,357 compared to $174,000 for the
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same period in Fiscal 1999. Revenue associated with service and lease activities
was $1,500 for the three months ended June 30, 2000 compared to $233, 919 for
the three months ended June 30, 1999.
Gross profit decreased to a loss of $40,783 for the nine months ended June
30, 2000 as compared to gross profit of $550,011 for the nine months ended June
30, 1999. For the three months ended June 30, 2000 the gross profit decreased to
$4,971 as compared to $178,183 for the three months ended June 30, 1999.
Selling, general and administrative expenses decreased to $680,174 for the
nine months ended June 30, 2000 from $1,028,181 for the nine months ended June
30, 1999, of which approximately $116,223 and $328,601, respectively, were
non-cash expenses associated with amortization and depreciation. Selling,
general and administrative expenses for the three months ended June 30, 2000
decreased to $224,506 as compared to $330,713 for the period ended June 30,
1999.
Net loss increased to $774,550 for the nine months ended June 30, 2000
from $539,537 for the nine months ended June 30, 1999. This increase is
primarily due to the loss of the service contract in July 1999 and the Company's
inability to replace that income.
As of June 30, 2000, the Company had a total of 5 employees, 2 of whom
were involved in field operations and testing, 1 devoted to sales and
demonstration activities and 2 involved in the general administrative and
financial areas.
LIQUIDITY AND CAPITAL RESOURCES
As of August 21, 2000 the Company's cash reserves were only sufficient to
allow it to continue operations through the month of August 2000. If the Company
is unable to secure financing, the Company will need to liquidate assets.
As of June 30, 2000, the Company had a working capital deficit of $967,362
and a quick ratio of 0.1 to 1.0 as compared to net working capital deficit of
$611,194 and a quick ratio of 0.5 to 1.0 on June 30, 1999. This increase in
working capital deficit is primarily due to the increase in current liabilities.
Current assets at June 30, 2000 were $1,244,954 as compared to $623,035 as of
June 30, 1999. Inventory increased to $1,244,945 as of June 30, 2000 from
$122,128 as of June 30, 1999. This increase is due to the current installation
of the two grey water systems. Once the client accepts the grey water systems,
the revenue and costs associated with the sale of the systems will be
recognized. There can be no assurances that final acceptance and payment will be
received from the client.
Net cash used in operating activities in the nine months ended June 30,
2000 was $199,936 compared to $204,121 provided by operating activities for the
nine months ended June 30, 1999.
Net cash used for the purchase of capital equipment during the nine months
ended June 30, 2000 was $2,982 as compared to $122,956 during the nine months
ended June 30, 1999. Investing activities also provided $60,000 from the sale of
fixed assets during the nine months ended June 30, 2000.
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During the nine months ended June 30, 2000, financing activities used net
cash of $5,524. For the nine months ended June 30, 1999, financing activities
provided net cash of $14,010.
In December 1999, the Company received notice from Pall Corporation that
it intended to pursue the termination of the Distributor Agreement if the
Company did not pay its outstanding accounts payable owed to Pall Corporation.
In July 2000, the Company executed a promissory note with Pall Corporation for
the principal sum of $480,136.67, together with interest thereon at a rate of
10% per annum on the unpaid balance. Upon execution of the note, interest was
paid on the unpaid balance of the principal from December 31, 1999. Interest
will be paid on a quarterly basis, beginning September 30, 2000. The entire
principal is due and payable on or before December 31, 2002. In addition, the
Company executed a Letter of Intent with Pall Corporation whereby Pall
Corporation will return 8,589,714 shares of the Company common stock and give up
their seat on the board. In return, the Company agrees to terminate its
Distributor Agreement with Pall dated September 1, 1993. This transaction will
be voted upon by the shareholders at the annual meeting scheduled for September
20, 2000.
In September 1998, the Company obtained a $500,000 loan from Rochem Group
SA, an affiliate of Fluid Separation Systems S.A. The loan, which bears an
interest rate of 10.5% per annum, with interest payable upon maturity had an
original maturity date of December 31, 1999 and was subsequently extended to May
31, 2000. The Company entered into a separate letter of intent, subject to a
future definitive agreement, with Rochem Group that states the following:
A. Rochem will give an exclusive agency agreement to REI for "the products"
for the marine shipping market, including naval applications. The
agreement language will have safeguards to protect Rochem from
nonperformance or insolvency.
B. Rochem Group will extend its loan of $500,000 which was due on 31 December
1999 until 31 July 2001 at a reduced interest rate of 10%/annum. Past
interest to be paid at the execution of the final agreement(s). Ongoing
interest will be paid on a quarterly basis.
C. Rochem will reimburse REI for the expenses it incurred in shipping
materials for the installation of the Rochem systems aboard the Mercury
(approx. $74.5k) and Galaxy (approx. $67.3k) within 14 days of signing
this agreement. Rochem has already reimbursed $50k of these costs. Rochem
and REI further agree to settle the labor expenses on pro rata share based
on the amount recovered from the client for labor expenses.
D. REI will execute an agreement with Pall Corporation that will convert the
existing accounts payable into a promissory note. The principal on the
note will be due no earlier than 31 December 2002.
E. REI will return existing license to Pall in return for not less than 90%
of their shares. The returned shares will go to REI Treasury.
F. E. Neuman will continue to be employed by REI until the deliveries to the
Celebrity vessels have been accepted and paid.
There can be no assurances that the Company will be able to execute a
final agreement with Rochem Group.
Although it is unfortunate that the Company will no longer be a
distributor for Pall's Disc Tube systems, the Company's efforts over the last
year have primarily been
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directed at selling the Rochem grey water systems in
the US cruise ship market. In November 1999, the Company was awarded a major
contract to supply grey water treatment systems to a major cruise line. Under
this contract, the Company has delivered two Rochem grey water systems at a
total contract price of approximately $2,000,000. The contract also allows the
customer the option to purchase three more systems at the same pricing. However,
there are no assurances that the customer will exercise this option and final
approval from the ships for the initial two units has yet to be obtained.
While the Company has been successful in securing letter of intents from
it's two largest creditors, Pall Corporation and Rochem AG, there can be no
assurances that final agreements will be executed. Failure to execute the final
agreements with both creditors and the prolonged installation of the units on
the cruise ships will significantly impact the Company's ability to continue
operations. The Company continues to implement cost cutting measures as it
struggles to operate as a viable operation. In an effort to reduce its overhead
cost, the Company has announced its intention to relocate its headquarters to
15001 Walden Road, in Montgomery, Texas. Monthly rent at the new facility will
be reduced from approximately $10,500 per month at 610 North Milby to $700 per
month at the new location. Philip LeFevre, the newly appointed CEO of the
Company, beneficially owns the office complex in Montgomery, Texas. As of this
date, no deposit or rent payments have been made to Mr. LeFevre for the new
facility. In addition, Lefco Environmental Technology is currently providing the
operating personnel onboard the two cruise ships. While Lefco is invoicing the
Company for the services provided by the Lefco personnel, no payments have been
made as of this date. There can be no assurances that Lefco Environmental
Technology will be willing to continue to provide this assistance. Failure to
continue to provide this assistance will significantly impact the Company's
ability to continue operations.
Notwithstanding this situation, the Company continues to evaluate and
explore financing opportunities to provide working capital and restructure the
Company. The Company plans to re-issue the shares obtained back from Pall
Corporation in return for new financing. If this can be achieved, the Company
will have obtained refinancing without shareholder dilution but it is possible
that additional shareholder dilution may occur. If the Company is unable to
secure financing and finalize the agreements with Pall Corporation and Rochem
AG, the Company will need to liquidate assets and seek protection from its
creditors. Outside the letters of intent, the Company will need additional
funding to operate.
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PART II - OTHER INFORMATION
ITEM 1. LEGAL PROCEEDINGS
None.
ITEM 2. CHANGES IN SECURITIES
None
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY
HOLDERS
None
ITEM 5. OTHER INFORMATION
None
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
(a) The following exhibits are incorporated by reference thereto:
EXHIBIT
NUMBER IDENTIFICATION OF EXHIBIT
------- -------------------------
2.1(1) - Reorganization Agreement
3.1(2) - Amended and Restated Articles of Incorporation
3.2(5) - Bylaws
4.1(5) - Common Stock Specimen
4.2(4) - Certificate of Designation of Preferences, Rights and
Limitations of Series A Preferred Stock
4.3(4) - Certificate of Designation of Preferences, Rights and
Limitations of Series B Preferred Stock
10.1(2) - Distributor Agreement
10.2(4) - Asset Purchase Agreement
10.3(2) - Term Sheet
10.4(6) - Facilities Lease Agreement
10.5(6) - Termination Agreement Between Company and GH Venture
Group
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10.6(6) - Agreement Between Company and Lefco Environmental
Technology, Inc.
10.7(6) - Agreement Between Company and Rochem Separation
Systems, Inc.
10.8(6) - Agreement Between Company and Rochem AG
10.9(7) - Employment Agreement With Erick Neuman
10.10(8) - Letter of Intent Between Company and Rochem Group
10.11(8) - Letter of Intent Between Company and Pall Corporation
16.1(3) - Letter regarding change in certifying accountant
16.2(3) - Letter regarding change in certifying accountant
--------------------
(1) Previously filed as an exhibit on Form 8-K dated July 20, 1993.
(2) Previously filed as an exhibit on Form 8-K dated September 30,
1993.
(3) Previously filed as an exhibit on Form 8-K dated November 5,
1993.
(4) Previously filed as an exhibit on Form 8-K dated November 19,
1993.
(5) Previously filed as an exhibit on Form 8-K dated January 13,
1994.
(6) Previously filed as an exhibit on Form 10-KSB for the fiscal
year ended September 30, 1995.
(7) Previously filed as an exhibit on Form 8-K dated October 24,
1997.
(8) Filed as an exhibit herewith.
(b) Reports on Form 8-K
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
ROCHEM ENVIRONMENTAL, INC.
--------------------------------------
(Registrant)
Date: August 21, 2000 By: /s/ PHILIP LEFEVRE
--------------------------------------
Philip LeFevre
Secretary; Chief Executive Officer,
And Principal Accounting Officer
Date: August 21, 2000 By: /s/ WILLIAM E. BRACKEN
--------------------------------------
William E. Bracken, Vice-President
15
