-----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, OA3/kklP0hOwTWkJ8Cbzm9Osd1hra49clmkmHgBZR37kD9dXXVsdjnRIOtkc9zSm MkSCb7VhrohJHZB1yLfyng== 0001144204-09-010190.txt : 20090220 0001144204-09-010190.hdr.sgml : 20090220 20090220160950 ACCESSION NUMBER: 0001144204-09-010190 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090217 ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090220 DATE AS OF CHANGE: 20090220 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13118 FILM NUMBER: 09625254 BUSINESS ADDRESS: STREET 1: 1101 NORTH KELLER RD STREET 2: SUITE E CITY: ORLANDO STATE: FL ZIP: 32810 BUSINESS PHONE: 4074818007 MAIL ADDRESS: STREET 1: 1101 NORTH KELLER RD STREET 2: SUITE E CITY: ORLANDO STATE: FL ZIP: 32810 FORMER COMPANY: FORMER CONFORMED NAME: ACTION PACKETS INC DATE OF NAME CHANGE: 19880818 8-K 1 v140942_8k.htm Unassociated Document
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): February 17, 2009
 
Action Products International, Inc.
(Exact name of registrant as specified in its charter)
 
Florida
  
000-13118
  
59-2095427
(State of incorporation)
  
(Commission File Number)
  
(I.R.S. Employer Identification No.)
 
1101 N. Keller Road, Suite E
Orlando, Florida 32810
(Address of principal executive office, including zip code)
 
(407) 481-8007
(Telephone number, including area code)


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:
 
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))
 
 
 
 
 
Item 3.02 – Unregistered Sales of Equity Securities.

Action Products International, Inc. (the “Company”), has received $135,000 in cash pursuant to the consummation of certain Securities Purchase Agreements (the “Agreements”) effective on the dates noted in the table below.  Pursuant to the Agreements, four investors purchased an aggregate of 615,000 shares of Common Stock of the Company.

Date
Title
Amount
Aggregate Purchase
Price
2/4/2009
Common Stock
200,000
 $    50,000
2/17/2009
Common Stock
240,000
 $    60,000
2/19/2009
Common Stock
175,000
 $    25,000
 
The issuance is exempt from registration under the Securities Act of 1933 (the “Act”) pursuant to Section 4(2) of the Act and/or Regulation D promulgated under the Act.  Each investor has represented to the Company that it is an “accredited investor” as defined in Regulation D and that the Common Stock is being acquired for investment.  The Company has not engaged in a general solicitation or advertising with regard to the issuance of the Common Stock and has not offered securities to the public in connection with the issuance of the Common Stock.


Item 9.01                      Financial Statements and Exhibits.
 
(d)
  
Exhibits: None
 
 
 
 
 
 
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/ NEIL SWARTZ
   
Neil Swartz
Chief Executive Officer
   
Date: February 20, 2009

 
 
 

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