8-K 1 v144274_8k.htm

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
 
Date of report (Date of earliest event reported):  March 27, 2009
 
QPC LASERS, INC.
(Exact name of registrant as specified in its charter)
 
Nevada
 
000-28153
 
20-1568015
(State or other jurisdiction
 
(Commission
 
(I.R.S. Employer
of incorporation)
 
File Number)
 
Identification No.)
         
15632 Roxford Street, Sylmar, California
 
91342
(Address of principal executive offices)
 
(Zip Code)
         
Registrant’s telephone number, including area code: (818) 986-0000
         
N/A
(Former name or former address, if changed since last report.)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see   General Instruction A.2. below):
 
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
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Section 2 - Financial Information

Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance
Sheet Arrangement.

Notice of  Disposition of Collateral under 2007 Debentures

QPC Lasers, Inc. (the “Company”) has received a formal notice of Disposition of Collateral on March 24, 2009 from Bristol Investment Fund, Ltd. Acting as  of the collateral agent for the holders of its April 2007 10% Secured Convertible Debentures. The agent has notified the Company that it will sell all or part of the Pledged Securities on April 6, 2009.  The Pledged Securities consist of all of the outstanding shares of Quintessence Photonics Corporation, the Company’s wholly-owned subsidiary which owns all of the Company’s operating assets.

A copy of the notice is attached hereto as Exhibit 1.

Safe Harbor Statement
 
This Current Report on Form 8-K may contain, among other things, certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements with respect to the Company's financing plans, objectives, expectations and intentions and other statements identified by words such as may, could, would, should, believes, expects, anticipates, estimates, intends, plans or similar expressions. These statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties, including those risks identified in the Company's annual report on Form 10-KSB and other filings made by the Company with the Securities and Exchange Commission. Actual results may differ from those set forth in the forward-looking statements.
 
[Signature page follows.]
 
 
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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 hereunto duly authorized.
 
 
QPC LASERS, INC.
     
     
Dated: March 27, 2009
By:
/s/ George Lintz
   
George Lintz
   
Chief Financial Officer

 
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