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SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 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 31, 1997
Medical Technology & Innovations, Inc.
(Exact name of registrant as specified in this charter)
Florida 33-27610-A 59-2954561
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification Number)
3125 Nolt Road, Lancaster, PA 17601
(Address of principal executive offices)
Registrant's telephone number, including area code (717) 892-6770
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Item 1. Changes in Control of Registrant
Not Applicable
Item 2. Acquisition or Disposition of Assets
Not Applicable
Item 3. Bankruptcy or Receivership
Not Applicable
Item 4. Changes in Registrant's Certifying Accountant
Not Applicable
Item 5. Other Events
Not Applicable
Item 6. Resignation of Registrant's Directors
On or about January 31, 1997 the Company received a letter of resignation from
Thomas Penaluna. Mr. Penaluna had no disagreement with the registrant on any
matter relating to the registrant's operations, policies, or practices. Mr. Penaluna
resigned to more actively pursue other business interests.
Item 7. Financial Statements and Exhibits
(c) Exhibits
17.1 Director Resignation Letter
Item 8. Change in Fiscal Year
Not Applicable
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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
undersigned hereunto duly authorized.
Date: February 10, 1997
Medical Technology & Innovations, Inc.
(Registrant)
By: /s/ JEREMY FEAKINS
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Jeremy Feakins, Chief Executive Officer
CBE
CREDIT BUREAU ENTERPRISES, INC.
EXHIBIT 17.1
Thoma R. Penaluna
President and C.E.O.
January 20, 1997
Mr. Jeremy Feakins
President and C.E.O.
Medical Technology & Innovations, Inc.
3125 Nolt Road
Lancaster, PA 17601
Dear Jeremy:
I am sending this letter to inform you that I must submit my resignation from
the MTI Board of Directors effective immediately.
My business and its demands are making it impossible for me to do any justice to
MTI as a board member.
I remain very positive and stand ready to assist when I can.
Sincerely,
/s/ Thomas R. Penaluna
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Thoma R. Penaluna
TRP/smy
3362 University Avenue o P.O. Box 900 o Waterloo, Iowa 50704-0900
(319) 234-6686 o FAX (319) 235-1996
