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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: February 10, 2000 - Commission File No. 0-17746
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SAFE TECHNOLOGIES INTERNATIONAL INCORPORATED
(Formerly Safe Aid Products Incorporated)
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(Exact name of Registrant as specified in its Charter)
Delaware 22-2824492
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(State or other jurisdiction of (IRS Employer ID No.)
incorporation or organization)
249 Peruvian Avenue
Suite F2
Palm Beach, Florida 33480
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(Address of principal executive (Zip Code)
offices)
Registrant's telephone number,
including area code: (561) 832-2700
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<PAGE>
Item 5. Other Events
The Company issued a statement regarding a management report to
Shareholders. The information contained in the statement, a copy of which
is attached hereto as Exhibit 99.1 is incorporated herein by reference.
<PAGE>
Signatures
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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.
SAFE TECHNOLOGIES INTERNATIONAL INCORPORATED
By: /s/ Barbara Tolley
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Barbara Tolley, CEO & Chairman
Dated: February 10, 2000
[logo]
EXHIBIT 99.1
SAFE TECHNOLOGIES ISSUES
MANAGEMENT REPORT TO SHAREHOLDERS
PALM BEACH, Fl., February 10, 2000 - Safe Technologies
International, Inc., (SFAD) issued a report statement
today.
Brad Tolley, V.P. of Investor Relations, said,
"Management is currently devoting a preponderance of
their time to the tasks relating to end of the year
reports, filling, etc. SFAD, being, a fully SEC
reporting company since 1986, and having moved from a
Development Stage Company to an Operating Company in
1998, with, now, three wholly owned subsidiaries, is
currently undergoing financial audits of each entity,
in preparation for the filling of SFAD's Consolidated
Financials, the annual 10KSB, due on or before
March 31, 2000.
Mr. Tolley concluded by saying, "Additionally,
Management has been, and continues to be in serious
discussion with several entities relating to planned
growth for the Company, designed to increase Shareholder
value. We would hope to substantially conclude
negotiations within 30 days."
SOURCE: Safe Technologies International, Inc.,(SFAD)
CONTACT: Brad Tolley VP Investor Relations
TEL: 561-832-2700
EMAIL: [email protected]
HTTP:// www.safetechnologies.com
Forward-Looking Statements: Except for the historical
information contained herein, this news release may contain
forward looking statements within the meaning of Section 27A
of the Securities Act of l934, as amended, that may involve
risks and uncertainties, including those relating to the
availability of suitable financial resources, the availability
of management, unproven market for SFAD's products and services
as well as other risks detailed from time to time in the
Company's SEC reports, including reports on Form 10KSB for the
year ended December 31, 1998 and Form 10-QSB for the quarter
ended September 30, 1999.
