REDOX TECHNOLOGY CORP
8-K, 1999-11-15
INVESTORS, NEC
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<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)
                                NOVEMBER 9, 1999



                          ReDOX TECHNOLOGY CORPORATION
                          (Formerly DCUSA Corporation)
             (Exact name of registrant as specified in its charter)




<TABLE>
<S>                                 <C>                 <C>
          Delaware                    33-22142                    55-0681106
          --------                    --------                    ----------
 (State of Jurisdiction of          (File Number)       (Federal Identification Number)
incorporation or organization)
</TABLE>





                 340 North Sam Houston Parkway East, Suite #250
                               Houston, Texas 77060

                               --------------------

    (Address of principal Executive Offices and principal place of business)




                                 (281) 445-0020
              (Registrant's telephone number, including area code)
<PAGE>   2

                                 ITEMS REPORTED



ITEM 5.  OTHER EVENTS

         A press release regarding further information on the India Project was
         sent by facsimile transmission to various businesses and general news
         wire services (10/21/99).

         A press release regarding credentials of the India COO was sent by
         facsimile transmission to various businesses and general news wire
         services (10/26/99).

         A press release regarding the finalization agreements of the India
         Project was sent by facsimile transmission to various businesses and
         general news wire services (11/04/99).

         (See Exhibit 99.1)

ITEM 7.  FINANCIALS AND EXHIBITS

         (C) Exhibits

                 99.1 Press Release from ReDOX Technology Corporation
                    (10/21/99).

                 99.1 Press Release from ReDOX Technology Corporation
                    (10/26/99).

                 99.1 Press Release from ReDOX Technology Corporation
                    (11/04/99).
<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:    November 10, 1999                    by:   /s/ Richard A. Szymanski
       --------------------                        -----------------------------
                                              Richard A. Szymanski
                                              President/Director
<PAGE>   4
                               INDEX TO EXHIBITS



  Exhibit Number              Description
  --------------              -----------
       99.1                   Press Release from REDOX Technology Corporation.

       99.2                   Press Release from REDOX Technology Corporation.

       99.3                   Press Release from REDOX Technology Corporation.

<PAGE>   1
                          ReDOX TECHNOLOGY CORPORATION
                                 PRESS RELEASE

FOR RELEASE TO: PR NEWSWIRE
- --------------------------------------------------------------------------------

ReDOX TECHNOLOGY CORPORATION PROVIDES
FURTHER INFORMATION ON INDIA PROJECT

October 21, 1999
Houston, Texas - ReDOX Technology Corporation has now provided further
information on its plans for a subsidiary domiciled in India.  In a press
release yesterday, the company announced its impending plans to form ReDOX
Technology Corporation  - India to carry out development of a manufacturing
facility in that country and to appoint Ansul Gupta as Liaison and COO of the
unit.  Today, ReDOX made available a letter, related to its plans that it has
received.  Dated October 5, 1999, from the Office of [the] Minister, (Hill
Region), Government of Uttar Pradesh, India, and pursuant to sustained
discussions and a proposal submitted previously by ReDOX, the letter in
official translation states, in part, "Your proposal has been sent to the
Development Commissioner of the Hill Region which is chaired by the Chief
commissioner for development for the Hill Region...  The department of
development of the Hill Region of Uttar Pradesh, India will do its best to give
you all possible assistance within their powers to enable you to carry out
development activities by your company..."

ReDOX Technology Corporation Chairman Richard A. Szymanski stated, "Obtaining
that communication from the Office of the Minister of the Hill Region of Uttar
Pradesh was a significant step forward in our development plans for the Asian
theatre of ReDOX's business model."  Szymanski indicated that matters had
proceeded beyond the October 15 status, but he declined to provide details,
saying, "Although we have a duty to provide material information in a timely
manner, events are moving quickly on the ground; as such, it is prudent for us
to wait, at least briefly, before further elaboration."

ReDOX Technology Corporation holds proprietary technology for high energy
density storage devices.  The Company's Common stock trades on the
Over-the-Counter (OTC) Electronic Bulletin Board Service of the National
Association of Securities Dealers (NASD) under the symbol RDOX.

SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS:  except for historical information
contained herein, the statements in this press release are forward-looking
statements that are made pursuant to the safe harbor provisions of the Private
Securities Reform Act 1995.  Forward-looking statements involve known and
unknown risks and uncertainties that may cause the Company's actual results in
the future periods to differ materially from forecasted results.

- --------------------------------------------------------------------------------
 Phone: (281) 445-0020     ReDOX TECHNOLOGY CORPORATION    Fax: (281) 445-0022
         340 N. Sam Houston Pkwy E. * Suite 250 * Houston, Texas 77060

<PAGE>   1
                          ReDOX TECHNOLOGY CORPORATION
                                 PRESS RELEASE

FOR RELEASE TO: PR NEWSWIRE
- --------------------------------------------------------------------------------

ReDOX TECHNOLOGY CORPORATION DETAILS CREDENTIALS OF REDOX - INDIA COO
October 26, 1999

Houston, Texas - ReDOX Technology Corporation this morning released further
information on the prospective chief operations officer for its planned, first
deployment in Asia under ReDOX Technology Corporation - India.  In an October
21, 1999 press release, ReDOX Chairman Richard A. Szymanski stated that Ansul
Gupta would be appointed COO of ReDOX - India and act as Liaison Officer to the
parent company's planned operations.  Szymanski said today that the Company
wants its shareholders to view Mr. Gupta's credentials to fully understand the
strength he brings to the firm.

Ansul Gupta graduated from the City University of New York and Columbia
University, specializing in the economies of the United States, the former
Soviet Union, and the People's Republic of China.  Mr. Gupta's grandfather is
the late Rai Sahib of Panchitgahn Meerui Lala Ram Asray Prasad.  His father is
Shri Janardan Prasad Gupta, former chairman of AJ Gupta & Cop. Pvt Ltd.  Ansul
Gupta's sister, Neeta Gupta, is Editor of the cultural magazine Atharva Bharat,
his other sister, Namika Gupta, is Manager of the magazine.

From 1984 to 1986, Ansul Gupta was Deputy Chairman of three joint ventures in
Beijing; the aggregate value of these ventures was US$ 161 million.  From 1986
to 1988, he was the Chairman and CEO of Delta Oil Corporation, and CEO of
Canadian Petroleum SA.  From 1988 to 1990, Mr. Gupta was the Chairman and CEO
of Dole Corp. International.  From 1991 to 1993, Mr. Gupta was Chairman of
Western Global Technologies and served as an economic and strategic political
adviser in Moscow on economic issues under the sponsorship of the Supreme
Soviet.  From 1994 to 1998, he was Group Finance Director of the Asian Pacific
Group, its worldwide affiliates and subsidiaries.

"We are indeed fortunate to have a man of Ansul Gupta's caliber be a part of
ReDOX," Szymanski said.  "I believe that his embrace of the ReDOX mission and
technologies is a clear indication that we are on track and well positioned for
the new millennium."

- --------------------------------------------------------------------------------
 Phone: (281) 445-0020     ReDOX TECHNOLOGY CORPORATION    Fax: (281) 445-0022
         340 N. Sam Houston Pkwy E. * Suite 250 * Houston, Texas 77060

<PAGE>   1

                          ReDOX TECHNOLOGY CORPORATION
                                 PRESS RELEASE

FOR RELEASE TO: PR NEWSWIRE                           November 4, 1999
- --------------------------------------------------------------------------------

ReDOX INVITED BY THE MINISTER FOR DEVELOPMENT IN THE GOVERNMENT OF UTTAR
PRADESH, INDIA - TO FINALIZE AGREEMENTS.

Houston, Texas - ReDOX Technology Corporation (OTC Bulletin Board: RDOX - news)
is in the process of finalizing an agreement in the State of Uttar Pradesh in
India through the help of the Government of Uttar Pradesh for developing a 1500
acre technology park for Redox Technology Corporation which would include a
research and development laboratory, a huge service center and a major
manufacturing facility.  The manufacturing facility will produce various
products using ReDOX Technologies for the Indian market of one billion people
along with the markets which India has bi-lateral agreements.  The development
of the 1500 acres will be developed by a series of international corporations
headed by SOMC, a Saudi based operation company.  All of this complex will be
owned and managed by the ReDOX Technology Corporation.

ReDOX Technology Corporation Chairman Richard A. Szymanski stated today's
announcement, "consistent with the negotiations and finalizations has learned
that ReDOX, director of development, at the invitation of the Honorable
Minister of Development of Uttaranchal Region of Uttar Pradesh, Government of
Uttar Pradesh, will be leaving for India in the next few days".

The Government of Uttar Pradesh in India is waiting for the arrival of a trade
delegation of ReDOX Technology Corporation headed by its Chairman Mr. Richard
Szymanski to finalize the implementation of its work in India.  The Uttaranchal
Region of Uttar Pradesh, India has give assurances of all possible assistance
to ReDOX Technology Corporation including relief in areas where it is possible
to give relief in order to assist ReDOX Technology Corporation in completing
its project plans in India.  The estimated projected annual revenue is
estimated to be around USD 500 million from the ReDOX Technology Corporation's
manufacturing facility.

ReDOX Technology Corporation holds proprietary technology for high energy
density storage devices.  The Company's Common stock trades on the
Over-the-Counter (OTC) Electronic Bulletin Board Service of the National
Association of Securities Dealers (NASD) under the symbol RDOX.

SAFE HARBOR - This release contains forward-looking statements.  These
statements are subject to certain risks and uncertainties that could cause
actual results to differ materially from those anticipated in the
forward-looking statements.  Readers should not place undue reliance on
forward-looking statements, which reflect management's view only as of the date
hereof.  The Company undertakes no obligation to publicly revise these
forward-looking statements to reflect subsequent events or circumstances.
Readers should carefully review the risk factors described in this release.
SOURCE ReDOX Technology Corporation

- --------------------------------------------------------------------------------
 Phone: (281) 445-0020     ReDOX TECHNOLOGY CORPORATION    Fax: (281) 445-0022
         340 N. Sam Houston Pkwy E. * Suite 250 * Houston, Texas 77060


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