SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
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): August 11, 1998
CREATIVE RECYCLING TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
GEORGIA 0-28704 84-1122431
(State or other jurisdic (Commission File (IRS Employer
tion of incorporation) Number) Identification No.)
3500 PARKWAY LANE, SUITE 435, NORCROSS, GEORGIA 30092
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (770)729-9010
Not Applicable
(Former name or former address, if changed since last report)
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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
ACCOUNTANTS.
Not Applicable.
ITEM 5. OTHER EVENTS.
Not Applicable.
ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS.
On August 11, 1998, James Robert Shaw resigned as an officer and director of
the Registrant. Mr. Shaw's resignation letter stated the reason for his
resignation as follows: "The reason for my resignation is because of the very
poor working relationship between CEO Frank Pringle and myself." The
Registrant does not disagree with the reasons stated in Mr. Shaw's letter.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial statements of businesses acquired: Not Applicable.
(b) Pro forma financial information: Not Applicable.
(c) Exhibits:
17.1 Resignation letter of James Robert Shaw.
ITEM 8. CHANGE IN FISCAL YEAR.
Not Applicable.
ITEM 9. SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S.
Not Applicable.
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.
CREATIVE RECYCLING TECHNOLOGIES, INC.
Date: August 31, 1998 By:/s/ F.G. Pringle
Frank Pringle
Chief Executive Officer
[Letterhead of Creative Recycling Technologies, Inc.]
August 11, 1998
To Whom it May Concern: I hereby resign as an officer and director of
Creative Recycling Technologies, Inc.
The reason for my resignation is because of the very poor working
relationship between CEO Frank Pringle and myself.
Sincerely
/s/ James R. Shaw
James R. Shaw