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UNITED STATES 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: November 7, 2000
American Film Technologies, Inc.
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(Exact Name of Registrant as Specified in Its Charter)
Delaware 1-9748 23-2359277
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation or Organization) File Number) Identification Number)
300 Park Avenue, 17th Floor, New York, NY 10022
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(Address of Principal Executive Offices) (Zip Code)
(212)572-6370
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(Registrant's Telephone Number, Including Area Code)
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ITEM 5. OTHER EVENTS.
On November 7, 2000, the Registrant issued the press release attached as Exhibit
1 to this Current Report on Form 8-K.
The Board of Directors has accepted the resignations of Jeffrey Yapp, Chairman
and Chief Executive Officer of the Registrant, and Barry Sandrew, President and
Chief Operating Officer of the Registrant.
The Registrant continues to be in default under the terms of Settlement
Agreement, dated December 31, 1999, between the Registrant, Gerald Wetzler and
certain other individuals.
Representatives of the Registrant are engaged in discussions with Mr. Wetzler in
an attempt to resolve this matter. There can be no assurance that a solution can
be reached
The Board of Directors has authorized the Registrant to engage the firm of GTH
Capital to assist in the discussions with Mr. Wetzler.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
The following is filed as an exhibit to this report:
Exhibit Number Description
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1 Press Release
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
American Film Technologies, Inc.
Dated: November 7, 2000 By: /s/ Porter Bibb
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Porter Bibb
Director
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EXHIBIT INDEX
Exhibit Number Description of Document
1 Press Release
