OPAL TECHNOLOGIES INC
8-K, 2000-12-21
BLANK CHECKS
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                       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): December 14, 2000




                             OPAL TECHNOLOGIES, INC.
              ----------------------------------------------------
             (Exact name of Registrant as specified in its charter)


                                   33-18834-LA
                            ------------------------
                            (Commission file number)

                  Nevada                                        87-0306464
---------------------------------------------             ----------------------
State or other jurisdiction of incorporation)                  (I.R.S. Employer
                                                          Identification Number)


                  Unit 2810, 28/F, Shun Tak Centre, West Tower,
                     200 Connaught Road Central, Hong Kong
                -------------------------------------------------
               (Address of principal executive offices) (Zip code)


                                011-852-2517-7674
               --------------------------------------------------
              (Registrant's telephone number, including area code)


          (Former name or former address, if changed since last report)



<PAGE>


Item 5.  Other Events

         On December  14,  2000,  Beijing  Opal  Agricultural  and  Biochemistry
Company Limited ("Beijing  Opal"), a Sino-foreign  joint venture partly owned by
Triple Star Group Limited (TSG) a wholly owned subsidiary of Opal  Technologies,
Inc.  ("Opal")  completed the  necessary  procedure to increase its capital from
US$6,000,000  to  US$12,000,000.   Because  the  additional   capital  is  being
contributed  solely by TSG,  TSG's  equity  interest in the joint  venture  will
increase from 55% to 77.5% while the Chinese  partner's  equity interest will be
diluted from 45% to 22.5%  accordingly.  With production at the Beijing facility
scheduled  to  begin  soon,   this  will   significantly   enhance  the  overall
profitability of Beijing-Opal and Opal.

         Opal  is  engaged  in  the   manufacturing  and  marketing  of  organic
agricultural fertilizers in both liquid and granular forms. The Company has been
in the  development  stage  since  inception,  but  expects to begin  commercial
production in early 2001.


                                   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 hereunto duly authorized.


                                                       OPAL TECHNOLOGIES,  INC.

                                                       By: /s/ Eric Cheng
                                                          ----------------------
                                                          Eric Cheng, President



Date: December 21, 2000



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