SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES AND EXCHANGE ACT OF 1934
DECEMBER 27, 2000
DATE OF REPORT
(DATE OF EARLIEST EVENT REPORTED)
POWERCOLD CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
NEVADA 33-19584 23-2582701
(STATE OF INCORPORATION) (COMMISSION FILE NO.) (IRS EMPLOYER IDENT. NO.)
103 GUADALUPE DRIVE
CIBOLO, TEXAS 78108
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
210 659-8450
(REGISTRANT'S TELEPHONE NUMBER)
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ITEM 1 - CHANGES IN CONTROL OF REGISTRANT
None
ITEM 2 - ACQUISITION OR DISPOSITION OF ASSETS
None
ITEM 3 - BANKRUPTCY OR RECEIVERSHIP
None
ITEM 4 - CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
None
ITEM 5 - OTHER EVENTS
A Technology License Agreement by and between Steven J. Clark, Energy
Engineering, Inc., and Total Comfort Solutions, Inc. (Licensors) and PowerCold
Corporation (Licensee) was approved by the Registrant's Board of Directors on
December 27, 2000.
The Licensors have granted the Licensee an exclusive non-transferable
license for the Intellectual Property and a Patented Heating and Air
Conditioning System (U.S. Patent No. 5,183,102) known as the Integrated Piping
System Technology, which was developed and patented by Steven J. Clark and the
Montana Power Company, as an energy efficient heating and cooling system for
buildings.
The Registrant has incorporated a new wholly owned entity, Ultimate Comfort
Systems, Inc., to design, engineer, manufacture/package and market the
Technology. The Registrant has retained three key employees, including Steven
J. Clark, appointed President of Ultimate Comfort Systems, Inc.
ITEM 6 - RESIGNATIONS OF REGISTRANT'S DIRECTORS
None
ITEM 7 - FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
None
ITEM 8 - CHANGE IN FISCAL YEAR
None
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POWERCOLD CORPORATION
FORM 8-K
Signatures
In accordance with the requirements of the Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
POWERCOLD CORPORATION
/s/ Francis L. Simola
---------------------------------
Francis L. Simola
President and CEO
Date: December 27, 2000