<PAGE> 1
FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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 3, 1997
ReDOX TECHNOLOGY CORPORATION
(Formerly DCUSA Corporation)
(Exact name of registrant as specified in its charter)
Delaware 33-22142 55-0681106
(State of Jurisdiction (File Number) (Federal Identification
of incorporation or number)
organization)
340 North Sam Houston Parkway East, Suite #250
Houston, Texas 77060
(Address of principal Executive Offices and
principal place of business)
Registrant's telephone number, including area code:
(281) 445-0020
<PAGE> 2
ITEMS REPORTED
ITEM 5. OTHER EVENTS
A press release regarding the preliminary agreement on comprehensive
funding was sent by facsimile transmission to various businesses and
general news wire services. (See Exhibit 99.1)
ITEM 7. FINANCIALS AND EXHIBITS
(C) Exhibits
99.1 Press Release form REDOX Technology Corporation.
<PAGE> 3
SIGNATURES
Pursuant of the requirements of the Securities Act of 1934, as amended, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
REDOX TECHNOLOGY CORPORATION
(Registrant)
DATE: December 3, 1997 BY: /s/ Richard A. Szymanski
---------------- -------------------------
Richard A. Szymanski
President/Director
<PAGE> 4
INDEX TO EXHIBITS
Exhibit
Number
99.1 Press Release from REDOX Technology Corporation.
<PAGE> 1
EXHIBIT 99.1
REDOX TECHNOLOGY CORPORATION Contact:
340 N. Sam Houston Pkwy. East RICHARD SZYMANSKI
Suite 250 Houston, Texas 77060 President & Chairman
281/445-0020
Fax: 281-445-0022
==== P R E S S R E L E A S E ====
DECEMBER 3, 1997
REDOX REACHES PRELIMINARY AGREEMENT
ON COMPREHENSIVE FUNDING PACKAGE
HOUSTON--ReDox Technology Corporation (OTCBB-RDOX) announced that pre liminary
agreement has been reached with a group of international investors for
sufficient funding to complete development and production of all projects
currently in ReDox's queue.
Early in the first quarter of 1998, the Company will receive five million
dollars to cover costs involved with achieving operational status for ReDox,
completing developments of its technology, and bringing its first products to
market. As other project opportunities are approved, additional funding packages
will flow needed resources in the Company.
This is an important and long-awaited day for ReDox shareholders as well as
those who have labored with this financial package over the past couple of
years. The result is far better than what was anticipated. ReDox has entered
into a formidable strategic alliance which gives the Company access to the
capital needed to pursue viable projects. It also gives access to marketing and
distribution channels abroad, which will hasten ReDox's entry into lucrative
foreign markets.
President Richard Szymanski points out that the initial five-million dollars is
for the European marketing and distribution rights. This will not affect the
Company's capital structure.
ReDox controls patents on a new generation of batteries which are far stronger,
cheaper, totally safe, and environmentally friendly. The unique flexibility of
the technology and thin film manufacturing process means that by simply adding
layers and shaping and molding the battery sheets, the batteries can serve an
exceptionally wide range of industries from small portable electronics to
electric utilities.
