-----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, ArAeizXF/hVq/NQqhtJLI7DHD28ogOTDk3M77ArglRp5fyTl2spZyhZie97CQ0S9 dKQHKDM4XGmJH3y1N+d30Q== 0000950124-01-502952.txt : 20010820 0000950124-01-502952.hdr.sgml : 20010820 ACCESSION NUMBER: 0000950124-01-502952 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010816 ITEM INFORMATION: Other events FILED AS OF DATE: 20010817 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTEGRAL VISION INC CENTRAL INDEX KEY: 0000719152 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823] IRS NUMBER: 382191935 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-12728 FILM NUMBER: 1717828 BUSINESS ADDRESS: STREET 1: 38700 GRAND RIVER AVE CITY: FARMINGTON HILLS STATE: MI ZIP: 48335 BUSINESS PHONE: 8104773900 MAIL ADDRESS: STREET 1: 38700 GRAND RIVER AVENUE CITY: FARMINGTON HILLS STATE: MI ZIP: 48335 FORMER COMPANY: FORMER CONFORMED NAME: MEDAR INC DATE OF NAME CHANGE: 19920703 8-K 1 k64656e8-k.txt FORM 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 Date of Report (date of earliest event reported) August 16, 2001 ------------------------------ INTEGRAL VISION, INC. - -------------------------------------------------------------------------------- (exact name of registrant as specified in its charter) MICHIGAN 0-12728 38-2191935 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 38700 GRAND RIVER AVE., FARMINGTON HILLS, MICHIGAN 48335 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (248) 471-2660 ------------------------------ 2 INTEGRAL VISION, INC. FORM 8-K Item 5. Other Events On August 16, 2001, Integral Vision issued the following press release announcing that its stock was to move to the Over the Counter Bulletin Board (OTCBB) effective with its delisting from The Nasdaq SmallCap Market with the open of business August 16, 2001. The Company was informed by Nasdaq that the delisting was decided by the Nasdaq Listing Qualifications panel which approved the Nasdaq's staff decision to delist the stock due to its failing to maintain a minimum bid price of $1.00 for 30 consecutive trading days as required by Marketplace Rule 4450(a)(5) for continued listing. INTEGRAL VISION, INC. NEWS RELEASE CONTACT: CHARLES J. DRAKE CHAIRMAN & CEO (248) 471-2660 INTEGRAL VISION STOCK MOVES TO OTCBB Farmington Hills, MI (August 16, 2001) - Integral Vision, Inc. (OTCBB: INVI) announced today that its stock will move to the Over the Counter Bulletin Board (OTCBB) effective with its delisting from The Nasdaq SmallCap Market with the open of business August 16, 2001. The Company was informed yesterday by Nasdaq that the delisting was decided by the Nasdaq Listing Qualifications panel which approved the Nasdaq's staff decision to delist the stock due to its failing to maintain a minimum bid price of $1.00 for 30 consecutive trading days as required by Marketplace Rule 4450(a)(5) for continued listing. Integral Vision's stock was previously moved to the Nasdaq SmallCap Market (INVIC) on August 2, 2001 under an exception from the market listing requirements. Under this exception, the Company's stock price was required to achieve and maintain a bid price of $1.00 per share by August 15, 2001. Although the bid price of the Company's stock did increase by approximately 100% during the period, it did not reach the $1.00 level. Information on the current quotes on the stock, which will continue to use the ticker symbol INVI, are available at the OTCBB's website, www.otcbb.com and most financial information portals, such as that provided at http://finance.yahoo.com or http://quote.bloomberg.com. Integral Vision will continue to provide information through filings with the Securities and Exchange Commission (SEC) as required for continued listing on the OTCBB. These filings can be found at the SEC's website www.sec.gov. Charles J. Drake, Chairman and CEO of Integral Vision commented, "Although we are disappointed in not being able to remain on Nasdaq, we believe that the many advancements made in information technology and the OTCBB make the over-the-counter market a viable, fair market for our stock." Integral Vision, Inc., an ISO 9001 registered firm, offers two machine vision-based inspection systems to industrial manufacturers. Vision systems are used to supplement human inspection or provide quality assurance when production rates exceed human capability. Additional information on Integral Vision, Inc. can be found at its website, www.iv-usa.com. 3 With the exception of historical factual information, the statements made in this press release, including those regarding the ability of the Company's common stock to trade on the OTCBB, and those that contain the words "believe", and words of similar import, constitute forward - looking statements. These statements are based upon current expectations and are made pursuant to the safe harbor provisions of the Private Litigation Reform Act of 1995. Such forward-looking statements involve certain known and unknown assumptions, risks and uncertainties that could cause actual result to differ materially from those included in or contemplated by the statements. These assumptions, risks and uncertainties include, but are not limited to, those discussed or indicated in the Company's Annual Report on Form 10-K for the year ended December 31, 2000 and in all documents filed by the Company with the Securities and Exchange Commission. In particular, there can be no assurance that the current market makers and other broker-dealers will continue to make a market in the Company's common stock when it begins trading on the OTCBB, or that the Company's common stock continues to trade at the same price, or in the same price range on the OTCBB as it has historically traded on The Nasdaq National Market. The Company disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this press release. ### 4 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. INTEGRAL VISION, INC. (Registrant) DATE: August 17, 2001 By: /S/ VINCENT SHUNSKY -------------------------- ---------------------------------- Vincent Shunsky, Treasurer and Director (Acting Chief Financial Officer) -----END PRIVACY-ENHANCED MESSAGE-----