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): August 6, 1999
EVTC, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-20986 22-3005943
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
121 S. Norwood Drive, Hurst, Texas 76053
(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code: (817) 282-0022
N/A
(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 Disposal 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
EVTC, Inc. announced it has entered into an agreement to privately sell
792,800 shares of its common stock to a private investor for a purchase price of
$.75 per share. The shares will not be registered under the Securities Act of
1933, as amended and cannot be resold or otherwise transferred except in
accordance with the provisions of the Act. We intend to use the proceeds of the
sale, approximately $594,600, for working capital and general corporate
purposes.
Item 6. Resignation of Registrant's Directors
Not Applicable
Item 7. Financial Statements and Exhibits
(a) Financial statements of business acquired.
Not Applicable
(b) Pro forma financial information
Not Applicable
(c) Exhibits
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<PAGE>
Not Applicable
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.
EVTC, INC.
By: /s/ David Keener
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David Keener
Chief Financial Officer
Dated: August 6, 1999
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