<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON DC 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) January 25, 1998
----------------
SEPTIMA ENTERPRISES, INC.
(Exact name of registrant as specified in its charter)
------------------------------------------------------
Colorado 33-25126-D 85-0368333
-------- ---------- ----------
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
600 Sandtree Drive, Suite 212, Lake Park, Florida 33403
----------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (561) 624-7299
--------------
Not Applicable
-------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
Exhibit Index on Page 2
1
<PAGE>
Item 6. Resignation of Registrant's Directors
-------------------------------------
By letters dated January 25, 1998, Ronald J. Costello, Roy H. Davidson,
and Darryl J. Dillenback notified the Company that they were resigning as
Directors effective January 25, 1998, due to the following: (1) the pending
closing of the Company's Lake Park, Florida, office, (2) the scaling back of
Company operations due to insufficient operating capital, and (3) the Company's
inability to continue to provide Directors & Officers Insurance coverage.
During the period prior to the resignations of the above-mentioned
Directors, there were no disagreements between the Company and any of the
Directors submitting their resignations.
Item 7. Exhibit
-------
(c) Exhibit
<TABLE>
<CAPTION>
Exhibit Number Exhibit Page
-------------- ------- ----
<S> <C> <C>
17.1 Letter from Ronald J. Costello 4
resigning as Director of Septima
Enterprises, Inc. effective Sunday,
January 25, 1998
17.2 Letter from Roy H. Davidson 5
resigning as Director of Septima
Enterprises, Inc. effective Sunday,
January 25, 1998
17.3 Letter from Darryl J. Dillenback 6
resigning as Director of Septima
Enterprises, Inc. effective Sunday,
January 25, 1998
</TABLE>
2
<PAGE>
SIGNATURE
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.
SEPTIMA ENTERPRISES, INC.
Date: January 30, 1998 By: /s/ R. Edwin Morgan
---------------------------------------
R. Edwin Morgan, Director and President
3
<PAGE>
EXHIBIT 17.1
RONALD J. COSTELLO
14346 CYPRESS ISLAND COURT
PALM BEACH GARDENS, FLORIDA 33410
January 25, 1998
Board of Directors
Septima Enterprises, Inc.
600 Sandtree Drive, Suite 212
Lake Park, Florida 33403
Gentlemen:
Please accept my resignation as a Director of Septima Enterprises, Inc.
effective Sunday, January 25, 1998.
Sincerely,
/s/ Ronald J. Costello
Ronald J. Costello
4
<PAGE>
EXHIBIT 17.2
ROY H. DAVIDSON
11990 SOUTH EDGEWATER DRIVE
PALM BEACH GARDENS, FLORIDA 33410
January 25, 1998
Board of Directors
Septima Enterprises, Inc.
600 Sandtree Drive, Suite 212
Lake Park, Florida 33403
Gentlemen:
Please accept my resignation as a Director of Septima Enterprises, Inc.
effective Sunday, January 25, 1998.
Sincerely,
/s/ Roy H. Davidson
Roy H. Davidson
Witness:
/s/ Charlotte Darling
1/25/98
5
<PAGE>
EXHIBIT 17.3
DARRYL J. DILLENBACK
3747 WASHINGTON STREET
ALLENTOWN, PENNSYLVANIA 18104
January 25, 1998
Board of Directors
Septima Enterprises, Inc.
600 Sandtree Drive, Suite 212
Lake Park, Florida 33403
Gentlemen:
Please accept my resignation as a Director of Septima Enterprises, Inc.
effective Sunday, January 25, 1998.
Sincerely,
/s/ Darryl J. Dillenback
Darryl J. Dillenback
6
