-----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, JVaviPy5QEFkbnFswTeqgShw62NMe1XNo5DPSbil20djLTGx/CkCqlpJ7QHSVRA+ TBrw7+FTOpZAHJNZZ2Zx4g== 0001144204-03-006236.txt : 20031015 0001144204-03-006236.hdr.sgml : 20031013 20031015121114 ACCESSION NUMBER: 0001144204-03-006236 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20031015 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ACTION PRODUCTS INTERNATIONAL INC CENTRAL INDEX KEY: 0000747435 STANDARD INDUSTRIAL CLASSIFICATION: GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944] IRS NUMBER: 592095427 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-106713 FILM NUMBER: 03941179 BUSINESS ADDRESS: STREET 1: 344 CYPRESS RD CITY: OCALA STATE: FL ZIP: 34472-3108 BUSINESS PHONE: 3526872202 MAIL ADDRESS: STREET 1: 344 CYPRESS ROAD CITY: OCALA STATE: FL ZIP: 34472-3108 FORMER COMPANY: FORMER CONFORMED NAME: ACTION PACKETS INC DATE OF NAME CHANGE: 19880818 424B3 1 form424b3.txt Prospectus Supplement SEC File No. 333-106713 (To Prospectus Dated July 31, 2003 Filed Pursuant to Rule 424(b)(3) and Prospectus Supplement Dated September 11, 2003) Action Products International, Inc. 3,272,092 Shares of Common Stock Underlying Common Stock Purchase Warrants This Prospectus Supplement supplements the Prospectus dated July 31, 2003, as supplemented on September 11, 2003, relating to the prior registration of our public offering of common shares issuable upon exercise of common stock purchase warrants. Additional Warrant Solicitation Agent We have appointed J.P. Turner & Co. LLC to act on a nonexclusive basis as a solicitation agent in connection with the exercise of the warrants pursuant to a Warrant Solicitation Agreement dated August 30, 2003 between us and J.P. Turner & Co. Pursuant to the Warrant Solicitation Agreement, we have agreed to pay J.P. Turner & Co. a cash fee of 10% of the total proceeds received from exercises of the Public Warrants, if o the market price of our common shares on the date the warrants are exercised is greater than $2.00, the exercise price of the warrants; o you designate in writing that the exercise of the warrants was solicited by J.P. Turner & Co. and the name of the broker-dealer to receive compensation for such exercise; o the warrants are not held in an account over which J.P. Turner & Co. has discretionary authority; o disclosure of compensation arrangements was made both at the time of the offering and at the time of exercise of the warrants; and o the solicitation of exercise of the warrant was not in violation of Regulation M promulgated under the Securities Exchange Act of 1934. GunnAllen Financial will also continue to serve, on a nonexclusive basis, as a solicitation agent in connection with the exercise of the warrants as described in the Prospectus Supplement dated September 11, 2003. The date of this Prospectus Supplement is October 15, 2003. -----END PRIVACY-ENHANCED MESSAGE-----