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) July 21, 1997
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IMSCO TECHNOLOGIES, INC.
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(Exact Name of Registrant as Specified in Its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
0-24520 04-3021770
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(Commission File Number) (IRS Employer Identification No.)
40 Bayfield Drive, North Andover, Massachusetts 01845
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(Address of Principal Executive Offices) (Zip Code)
(508) 689-2080
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. OTHER EVENTS
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On July 11, 1997, Hughes, Edwards & Price, Inc. ("Hughes") notified
Imsco Technologies, Inc. (the "Company") of its desire to terminate the
Marketing Agreement ("Agreement") entered into with the Company on September
20, 1996, in order to pursue other opportunities such as restaurant
management. Termination of the Agreement was brought about by mutual
consent and is effective immediately. The Company is currently in
discussions with Newco Enterprises ("Newco") about prospective terms and
conditions for a new marketing agreement to market the Company's
decaffeination technology and products to the institutional coffee maker
marketplace in North America. Although Hughes was appointed the exclusive
representative to market the Company's decaffeination technology and
products to the institutional coffee maker marketplace, such as restaurants
and hotels, in North America for a period of 3 years, Hughes had not yet
sold any products for the Company.
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.
IMSCO TECHNOLOGIES, INC.
(Registrant)
By: /S/ Sol L. Berg
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Sol L. Berg
President, and
Chief Executive Officer
Dated: July 21, 1997
