FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): February 11, 1997
EFTEK CORP.
(Exact name of registrant as specified in its charter)
Nevada 33-26789-NY 93-0996501
(State or other juris- (Commission (IRS Employer
diction of incorporation) File Number) Identification No.)
Bloomfield Business Park
408 Bloomfield Drive
Units 1 & 2
Berlin, New Jersey 08009
(Address of Principal Executive Offices)
Registrant's telephone number: (609) 767-2300
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FORM 8-K
ITEM 9. SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S
The following information is furnished in accordance with Item 701 of
Regulation S-B as to all equity securities of the Registrant sold by the
Registrant that were not registered under the Securities Act of 1933 ("Act") in
reliance upon Regulation S under the Act.
A. Title and Amount of Securities Sold and Date of the Transactions.
(i) 96,300 shares of $.001 par value common stock sold at $.375
per share with nets funds received by the Registrant on February 11, 1997.
(ii) 198,470 shares of $.001 par value common stock sold at $.375
per share with net funds received by the Registrant on February 13, 1997.
(iii) 176,650 shares of $.001 par value common stock sold at
$.375 per share with net funds received by the Registrant on February 18, 1997.
(iv) 180,600 shares of $.001 par value common stock sold at $.375
per share with net funds received by the Registrant on February 24, 1997.
B. Name of Placement Agent - Berkshire International Finance, Inc.
C. Consideration Received
(i) Total consideration paid was $36,112.50 ($.375 per share)
with Registrant receiving net funds of $35,860.48.
(ii) Total consideration paid was $74,397.00 ($.375 per share)
with Registrant receiving net funds of $73,900.00.
(iii) Total consideration paid was $66,242.76 ($.375 per share)
with Registrant receiving net funds of $15,492.00.
(iv) Total consideration paid was $67,725.00 ($.375 per share)
with Registrant receiving net funds of $67,030.08.
D. Persons or Classes of Persons to Whom the Securities Were Sold
and Exemption from Registration Claimed - Non-U.S. persons eligible for utiliza-
tion of Regulation S under the Act as not being a "U.S. person" as defined in
Rule 902(o), which person(s) has warranted and represented in an Offshore
Securities Subscription Agreement that he or it is eligible to utilize such
exemptions as afforded to non-U.S. persons in accordance with aforesaid
Regulation S under the Act.
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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 under-
signed hereunto duly authorized.
EFTEK CORP.
BY: /s/FRANK WHITMORE
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FRANK WHITMORE, President
EFTEK\2-97.8-K
