8-K 1 d8k.htm FORM 8-K Form 8-K

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 25, 2005

 


 

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.)

 

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:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



Section 5 Corporate Governance and Management

 

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

 

Departure of Chief Financial Officer and Appointment of Interim Chief Financial Officer

 

On March 25, 2005, Action Products International, Inc. (the Company) issued a press release announcing that the Company’s Chief Financial Officer, Robert Burrows, resigned as of March 25, 2005. Mr. Burrows was paid his salary through March 25, 2005, and no severance payments have been paid or are owed to him. On the same date, Mr. Ronald S. Kaplan, the Company’s Chief Executive, was appointed as interim Chief Financial Officer. Mr. Kaplan will serve in this additional position until a new chief financial officer can be identified and hired. Mr. Kaplan, 40, has served as a director since 1994. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

 

The information in this report, including the exhibit hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended. The information contained herein and in the accompanying exhibit shall not be incorporated by reference into any filing with the Securities and Exchange Commission made by the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(a)    Financial Statements of Business Acquired: None
(b)    Pro Forma Financial Information: None
(c)    Exhibits:

 

Exhibit No.

 

Description


99.1   Press release, dated March 25, 2005, issued by Action Products International, Inc.


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/ RONALD S. KAPLAN


   

Ronald S. Kaplan

Chief Executive Officer

 

Date: March 28, 2005