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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): April 1, 1998
ELECTROSCOPE, INC.
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(Exact name of Registrant as specified in its charter)
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Colorado 0-28604 84-1162056
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(State or other jurisdiction (Commission File Number) (IRS Employer No.)
of Incorporation)
4828 Sterling Drive
Boulder, CO 80301
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(Address of principal executive office)
(303) 444-2600
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(Registrant's telephone number,
including area code)
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ITEM 5. OTHER EVENTS
1. On April 22, 1998, the Board of Directors of the Registrant
elected Mr. Vern Kornelsen, a former Officer and Director
of the Registrant, to fill the vacant seat on the Board
of Directors, to serve until his successor is duly
elected and qualified.
2. Mr. Kornelsen and CMED Partners, LLLP filed a
Schedule 13D on April 1, 1998 with the Securities and Exchange
Commission indicating in part that Mr. Kornelsen owns
beneficially and has sole voting power and sole dispositive
power over 1,944,321 shares of Registrant's Common Stock,
representing 36.1% of the outstanding shares of Common Stock.
3. Roger Odell, formerly Chairman of the Board of Directors of the
Registrant, on April 1, 1998 transferred 779,000 shares
(88% of his direct holdings) of the Registrant to CMED
Partners, LLLP in exchange for limited partnership
interests in CMED Partners, LLLP. These shares are
included in the 1,944,321 shares referred to in
paragraph 2 above. Mr. Odell continues as a Director
of the Registrant.
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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 thereunto duly authorized.
ELECTROSCOPE, INC.
By: /s/ Karl D. Hawkins
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Chief Financial Officer
Date: April 29, 1998
