8-K 1 form8k.txt 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) August 30, 2003 ---------- Action Products International, Inc. (Exact name of registrant as specified in its charter) Florida 001-13118 59-2095427 (State of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 390 N. Orange Ave., Suite 2185 Orlando, Florida 32801 (Address of principal executive office, including zip code) (407) 481-8007 (Telephone number, including area code) Item 5. Other Events and Regulation FD Disclosure. On August 30, 2003, Action Products International, Inc. and J.P. Turner & Co. LLC entered into a Warrant Solicitation Agreement which provides that J.P. Turner & Co. will act on a nonexclusive basis as solicitation agent for Action Products in connection with the exercise of Action Products' public warrants. Action Products will pay J.P. Turner & Co. a solicitation fee of 10% of the proceeds from the exercise of warrants properly solicited by J.P. Turner & Co. The public warrants were distributed on June 30, 2003 by Action Products to its shareholders of record on June 12, 2003. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (a) Financial Statements of Business Acquired: None (b) Pro Forma Financial Information: None (c) Exhibits: Exhibit No Description ---------- ----------- 10.1 Warrant Solicitation Agreement by and between Action Products International, Inc. and J.P. Turner & Co. LLC dated August 30, 2003. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. ACTION PRODUCTS INTERNATIONAL, INC. By: /s/ Robert L. Burrows ---------------------------------------- Robert L. Burrows Chief Financial Officer Date: October 15, 2003