7.4.2003
In einer seit 2001 schwelenden Klage [1] wurde im Januar 2003 Cell Tech Products, Inc. [2] verurteilt. Bei der SEC sind Teile der Dokumente [3] zu diesem Prozeß einsehbar. Ich zitiere im folgenden 2 amtliche Files der SEC hierzu vollständig, vom Server der SEC : den Katalogisierungsteil und das eigentliche Dokument.
Aribert Deckers
------------------------------------------------------------------------------- <SEC-DOCUMENT>0001144204-03-001455-index.html : 20030401 <SEC-HEADER>0001144204-03-001455.hdr.sgml : 20030401 <ACCEPTANCE-DATETIME>20030401162637 ACCESSION NUMBER: 0001144204-03-001455 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030114 ITEM INFORMATION: Other events FILED AS OF DATE: 20030401 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CELL TECH INTERNATIONAL INC CENTRAL INDEX KEY: 0001015194 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 223345046 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21015 FILM NUMBER: 03634615 BUSINESS ADDRESS: STREET 1: 1300 MAIN STREET CITY: KLAMATH FALLS STATE: OR ZIP: 97601 BUSINESS PHONE: 5418825406 MAIL ADDRESS: STREET 1: 1300 MAIN STREET CITY: KLAMATH FALLS STATE: OR ZIP: 97601 FORMER COMPANY: FORMER CONFORMED NAME: HUMASCAN INC DATE OF NAME CHANGE: 19960523 </SEC-HEADER> <DOCUMENT> <TYPE>8-K <SEQUENCE>1 <FILENAME>doc1.txt <TEXT> [LINK --> http://www.sec.gov/Archives/edgar/data/1015194/000114420403001455/doc1.txt] </DOCUMENT> </SEC-DOCUMENT> -------------------------------------------------------------------------------
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<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>doc1.txt
<TEXT>
UNITED STATES
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
JANUARY 14, 2003
Date of Report (Date of earliest event reported)
__________________
CELL TECH INTERNATIONAL INCORPORATED
(Exact Name of Registrant as Specified in Charter)
DELAWARE
(State or Other Jurisdiction
of Incorporation)
0-21015
(Commission File No.)
22-3345046
(IRS Employer
Identification No.)
565 CENTURY COURT, KLAMATH FALLS, OREGON 97601
(Address of principal executive offices, including Zip Code)
(541) 882-5406
(Registrant's telephone number, including area code)
<PAGE>
ITEM 5. OTHER EVENTS
In October of 2001, Teachers for Truth in Advertising filed an action in
the Superior Court of Tulare County, California alleging that Cell Tech
Products, Inc. engaged in unfair business practices and misleading advertising.
In January 2003, the Superior Court of Tulare County issued a Tentative
Decision stating that Teachers for Truth in Advertising was entitled to an
injunction prohibiting Cell Tech from making deceptive representations in its
advertising or literature disseminated in California and ordering Cell Tech to
refund the purchase price paid by California customers for Cell Tech's algae
products from the date four years prior to the filing of the action through the
trial date in November of 2002.
In response to the Tentative Decision, Cell Tech's counsel filed a Request
for Statement of Decision on January 23, 2003. On February 20, 2003, the
Superior Court issued its Final Decision, which essentially affirms the
Tentative Decision. Plaintiff has submitted a proposed judgment to the court
consistent with the Tentative and Final Decisions. Upon entry of judgment, Cell
Tech intends to file post-judgment motions and an appeal. The refund to
California customers, if required to be made in accordance with the Final
Decision, will be in an amount that would have a material adverse impact on Cell
Tech's business and financial position.
<PAGE>
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.
Dated: March 31, 2003 CELL TECH INTERNATIONAL INCORPORATED
By /s/ MARTA C. CARPENTER
---------------------------------------
Marta C. Carpenter
President and Chief Executive Officer
</TEXT>
</DOCUMENT>
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Anmerkungen :
------------------------------------------------------------------------------- Consumer Health Digest #02-27 Weekly Update of News and Reviews, July 2, 2002 Cell Tech and its owners in financial trouble. Reports in the Klamath Falls (Oregon) Herald and News indicate that Cell Tech's owners, Daryl and Marta Kollman, have been battling over their divorce and property rights for more than a year. [Gibson K., Hard times at Cell Tech, Herald and News, Jan 20, 2002] (http://news.mywebpal.com/news_tool_v2.cfm?pnpid=670&show=archivedetails&ArchiveID=726430&om=1) The reports state: * Court records and financial statements show that Cell Tech sold close to a billion dollars worth of algae products since its founding in 1982, grossing $200 million as recently as 1995. However, since 1997, gross product sales have fallen steadily from $125 million million in 1997 to $30 million in 2001 and the company has lost a total of $12 million from 1999 through 2001. * Cell Tech hasn't harvested algae for the past two seasons, relying on frozen inventory to supply customers. Its stock trades for a small fraction of what it once went for. * In 1996, Daryl Kollman pleaded guilty to a federal charge of tax evasion, was sentenced to 30 days in prison, and agreed to pay $20 million in back taxes and penalties, about $13 million of which is still owed. For further information, search the Herald and News (http://www.heraldandnews.com/) archives for "Kollman" and read the 10K and 10Q reports to the Securities and Exchange Commission that are accessible by searching Free Edgar (http://www.sec.gov/edgar/searchedgar/companysearch.html) for "Cell Tech." -------------------------------------------------------------------------------(Deutsche Übersetzung: http://www.mlm-beobachter.de/celltech/ncahf20020702.htm)
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Aribert Deckers