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 event reported): August 27, 2000
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RMS TITANIC, INC.
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(Exact name of registrant as specified in charter)
FLORIDA 000-24452 59-2753162
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
401 CORBETT ST., SUITE 470 CLEARWATER, FLORIDA 33756
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(Address of principal executive offices) (Zip Code)
Registrant's telephone Number, including area code (727) 443-1912
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N/A
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(Former name or former address, if changed since last report)
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ITEM 5. Other Events
On August 27, 2000, the Board of Directors terminated the services of G.
Michael Harris, including his duties as Executive Vice President, Chief
Operating Officer, and Secretary because of his wrongful conduct. Mr. Harris
wrongfully caused monies belonging to the Registrant to be appropriated for his
own benefit. Payments from the Registrant's operating account were made, amongst
other things, for payment of a personal loan of Mr. Harris. Registrant has
retained outside independent counsel to continue to investigate Mr. Harris'
conduct. The Company will initiate appropriate proceedings to have all monies
recovered that were wrongfully appropriated by Mr. Harris.
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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.
RMS TITANIC, INC.
Date: September 6, 2000 By: /s/ Arnie Geller
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Arnie Geller
President
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