8-K: Current report
Published on May 3, 2000
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
Pursuant to Section 13 of 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 18, 2000
DELTA CAPITAL TECHNOLOGIES, INC.
Delaware, USA 98-0187705
(State of Other jurisdiction of incorporation or (IRS Employer ID No.)
organization)
SUITE 255, 999 - 8TH STREET, SW
CALGARY, ALBERTA T2R 1J5 CANADA
(Address of Principal Executive Offices)
(403) 244-7300
(Issuer's Telephone Number, Including Area Code)
FORM 8-K
DELTA CAPITAL TECHNOLOGIES, INC.
ITEM 2 - ACQUISITION OF ASSETS
On April 18, 2000, Delta Capital Technologies, Inc. ("Delta") acquired 100% of
the issued and outstanding common shares of The Matridigm Corporation
("Matridigm") , a privately held marketing and communications company in
Calgary, Alberta pursuant to an Exchange Agreement dated for reference January
1, 2000 (the "Exchange Agreement"). The shares were acquired directly from
Matridigm's shareholders and in consideration the Company issued the following
restricted securities and paid a total of Cdn$100,000 as follows:
The warrants issued as part of the consideration are exercisable at US$2.00
until April 13, 2007.
The amount of consideration paid was negotiated between the parties and the
funds used for the Cdn$100,000 cash payment to Matridigm were funds obtained
from two private placements which closed in April, 2000.
Michael Steele, a shareholder of The Matridigm Corporation entered into an
employment agreement with the Company commencing January 1, 2000 and was
appointed to the Company's Board of Directors and as Senior Vice President
Marketing and Development.
ITEM 7 - FINANCIAL STATEMENTS, PRO FORMA CONDENSED FINANCIAL INFORMATION
AND EXHIBITS
(a) Financial Statements:
Financial Statements for The Matridigm Corporation to be filed on Form
8-K/A approximately 3 weeks from the date of this Form 8-K.
(b) Pro Forma Financial Information:
Not applicable.
(c) Exhibits:
2.1 Share Exchange Agreement between the Company, The Matridigm
Corporation, Michael Steele, Cecilia Lanz, Diana Steele, Andre
Lanz and Robert Sweetman dated for Reference January 1, 2000.
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, on this 3rd day of May, 2000.
Dated May 3rd, 2000
/s/ Paul Davis
Paul Davis, President
INDEX TO EXHIBITS