SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported): March 27, 2000
E*MACHINERY.NET, INC.
Delaware 033-26344 75-2254748
State of Incorporation Commission File No. (I.R.S. Employer
Identification No.)
1400 Medford Plaza
Route 70 & Hartford Road
Medford, New Jersey 08055
(Address of Principal Offices)
Telephone Number: (609) 953-7985
HARVARD FINANCIAL SERVICES CORP.
(Former Name)
Items 1 and 2 - Changes in Control of Registrant and Acquisition or Disposition
of Assets
On March 27, 2000, the Registrant held a Special Meeting of Shareholders
wherein the shareholders voted in favor of the acquisition of 100% of the
issued and outstanding common stock of e*machinery, inc., a privately owned
company based in Irving, Texas and Medford, New Jersey, in exchange for
12,213,133 shares of the Registrant's restricted common stock. e*machinery,
inc. is a start-up company that is in the process of designing a vertically
integrated portal to provide interplay between the manufacturers, rebuilders,
distributors, resellers and providers of support goods and services to the
construction and mining machinery industry worldwide. The Registrant will
assume the core business of e*machinery, inc. and e*machinery, inc. will be
dissolved sometime in the future.
In addition, the following Directors were voted in office for a period of
one year:
Name Age Director Since
Arthur A. O'Shea, III 39 2000
Stuart R. Matthews 34 2000
Kevin J. McAndrew 41 1998
Stanton M. Pikus 59 1994
Frank A. Cappiello* 74 2000
- ----------
* Independent Director
In addition, the shareholders voted in favor of Baratz & Associates, P.A.,
as the Company's Independent Public Auditors.
Following the Shareholder's meeting, the new Board of Directors held its
own meeting to appoint new officers of the Registrant. The new officers
appointed were as follows:
Name Position
---- --------
Arthur A. O'Shea, III President and Chief Executive Officer
Stuart Matthews Vice President and Treasurer
Kevin J. McAndrew Secretary and Chief Financial Officer
Item 5 - Other Events
e*machinery, inc., prior to the acquisition, completed its second Private
Placement of 2,500,000 shares for $1,000,000. These shares were exchanged as
part of the acquisition along with all other issued and outstanding shares of
e*machinery, inc. Frank Cappiello, who was elected a Director of the
Registrant at the Shareholder's meeting, purchased 70,000 shares in the Private
Placement for $28,000. In addition, the Registrant issued 278,133 shares of
restricted common stock to Canterbury Information Technology, Inc. for
outstanding liabilities for services previously provided to e*machinery, inc.
prior to the acquisition. As a result of the transactions effected today, the
Registrant's issued and outstanding shares are approximately 13,413,133 shares.
The above summary information does not purport to be complete, and is
qualified in its entirety by reference to the Amendment to the Certificate of
Incorporation filed as Exhibit 1 to Form 8-K filed February 17, 2000 and
Agreement Concerning the Exchange of Stock Between Harvard Financial Services
Corp. and Shareholders of e*machinery, inc. filed as Exhibit 2 to Form 8-K
and the amended Agreement Concerning the Exchange of Stock Between
e*machinery.net, inc. and Shareholders of e*machinery, inc. filed as Exhibit
2(a) to Form the Form 8-K/A filed on March 8, 2000 as well as the Definitive
Proxy Statement filed on March 17, 2000.
SIGNATURES
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.
E*MACHINERY.NET, INC.
BY:/s/Kevin J. McAndrew
Kevin J. McAndrew
Chief Financial Officer and Secretary
Dated: March 28, 2000
