-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Qi8ovgWwskJZZUu4DpVC1ZlLzoYYzV8jqermwtnZnd0+/Eahx3NNZD7Rp6h5uvvW H5LBmlVMpROH9EpnzCWBzw== 0001076542-03-000030.txt : 20030408 0001076542-03-000030.hdr.sgml : 20030408 20030407184638 ACCESSION NUMBER: 0001076542-03-000030 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030407 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030408 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL SCIENTIFIC CORP/AZ CENTRAL INDEX KEY: 0001022505 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 860837077 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-28745 FILM NUMBER: 03642035 BUSINESS ADDRESS: STREET 1: 24455 EAST CAMELBACK RD STREET 2: STE E160 CITY: PHOENIX STATE: AZ ZIP: 85018 BUSINESS PHONE: 6029541492 MAIL ADDRESS: STREET 1: 210 S. FOURTH AVE CITY: PHOENIX STATE: AZ ZIP: 85003 8-K 1 p0407-8k.txt FORM 8-K DATED 4/7/2003 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) April 7, 2003 ------------------------------- NATIONAL SCIENTIFIC CORPORATION - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) TEXAS 000-28745 86-0837077 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 14455 N. HAYDEN, SUITE 202, SCOTTSDALE, ARIZONA 85260 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (480) 948-8324 ----------------------------- N/A - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report.) ITEM 9. REGULATION FD DISCLOSURE. In conjunction with the Company's annual Form 10-KSB for its fiscal year ended September 30, 2002, and the Company's quarterly Form 10-QSB for the period ended December 31, 2002, accounts payable liabilities were presented that included approximately $150,000 to its largest creditor, a services firm. In late March of 2003, the Company came to a definitive settlement agreement with this creditor regarding this debt. The result of this agreement was the elimination of approximately $150,000 of short term liability previously owed by the Company to this creditor. The Company was able to eliminate these liabilities without the use of cash. This settlement is anticipated to result in a reduction in the Company's net losses of approximately $125,000 for the quarter ended March 31, 2003, as well as approximately a $25,000 increase in overall shareholders equity. Full operating results for that quarter are not yet available, but the results of operations for that quarter, including this settlement, are expected to be reported by the Company in its Form 10-QSB for the period ended March 31, 2003, which is expected to be filed on or before May 15, 2003. 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. NATIONAL SCIENTIFIC CORPORATION Date: April 7, 2003 By: /s/ Michael A. Grollman ---------------------------------- Michael A. Grollman Chief Executive Officer, Chairman 2 -----END PRIVACY-ENHANCED MESSAGE-----