-----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, JNPlcBXAObUhlrRFV4lzyWF1czBM7x142TGB4/M9x9IJnvMcilIn+IkN0lexWr6K ffxcnuBopyEoHXW2prmR3g== 0001193125-05-235068.txt : 20051201 0001193125-05-235068.hdr.sgml : 20051201 20051201152349 ACCESSION NUMBER: 0001193125-05-235068 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051130 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051201 DATE AS OF CHANGE: 20051201 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: 051237586 BUSINESS ADDRESS: STREET 1: 1101 NORTH KELLER RD CITY: ORLANDO STATE: FL ZIP: 32810 BUSINESS PHONE: 4074818007 MAIL ADDRESS: STREET 1: 1101 NORTH KELLER RD CITY: ORLANDO STATE: FL ZIP: 32810 FORMER COMPANY: FORMER CONFORMED NAME: ACTION PACKETS INC DATE OF NAME CHANGE: 19880818 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): November 30, 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.

 

On November 30, 2005, Action Products International, Inc. (the Company) issued a press release announcing that Lawrence H. Bernstein has been named President effective immediately.

 

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 November 30, 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/ JOHN R. OLIVER

   

John R. Oliver

Chief Financial Officer

Date: December 1, 2005

EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

 

Press Release

 

Lawrence H. Bernstein to be Named President of Action Products

 

ORLANDO, FL – November 30, 2005 –Action Products International, Inc. (NASDAQ-CM: APII), a leading toy designer and manufacturer of educational and positive, non-violent branded toys is pleased to announce Lawrence H. Bernstein has been named President effective immediately.

 

For nineteen years Mr. Bernstein held several positions with the Hasbro Corporation. Prior to leaving Hasbro in 1994, Mr. Bernstein was the President of the Hasbro Toy Division and Executive Vice President of Hasbro, Inc., Mr. Bernstein was part of the group that was responsible for the spectacular growth Hasbro experienced during the mid 80’s to the mid 90’s. Since leaving Hasbro, Mr. Bernstein has been involved in consulting with the management of several toy, hobby, and school supply/stationery companies. Mr. Bernstein holds a Bachelor of Science degree in Business Administration from Boston University with emphasis in Marketing and Economics.

 

Mr. Bernstein will take on all aspects of daily operations with a strong emphasis on sales, marketing, and product development.

 

“We are extremely pleased to have Larry Bernstein as President of Action Products,” commented Ron Kaplan, CEO. “Mr. Bernstein possesses the skills and abilities needed to take APII to a much higher level of rapid growth by delivering our current and future brands to greater prominence with our retailers and consumers. We look forward to more fully exploiting our opportunities to grow our revenue and earnings to benefit our customers and shareholders.”

 

“ I am enthusiastic about APII’s ability to take the next step in it’s growth. Firstly I am excited to see the talent base exists to grow the business. Ron Kaplan, our Chairman and CEO, has asked me to supply the sales and marketing leadership that will drive our existing brands, and give us the ability to add new brands to our mix. Based on our position in the toy industry I believe this company is positioned to meet and exceed those challenges” commented Mr. Bernstein.


About Action Products International, Inc.

 

Action Products International, Inc, based in Orlando Florida is a toy manufacturer, emphasizing educational and positive play brands, including JAY JAY THE JET PLANE Wooden Adventure System, the I DIG ® series, Space Voyagers® “The most authentic Space Toys on the Earth,” ToddWorld™ soft play toys, Climb@Tron™ window-climbing robots, Curiosity Kits® and IMADETHAT™. Its products are marketed and sold to toy stores, specialty retailers, Internet retailers, museums, zoos, theme parks, attractions, catalog companies and education markets in the United States and worldwide.

 

Visit the Company’s web sites at www.apii.com and www.curiositykits.com

 

Any statements that are not historical facts contained in this release are forward-looking statements. It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Such statements may involve risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, the effect of economic conditions, intellectual property rights, the outcome of competitive products, risks in product development, the results of financing efforts, the ability to complete transactions, and other factors discussed from time to time in the Company’s Securities and Exchange Commission filings. The Company undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made.

 

Contacts:   

Ray Oliver, Investor Relations Officer 407/481-8007 extension 723

Adam Ben-Evi SBW Alliance Group 407-647-9976

-----END PRIVACY-ENHANCED MESSAGE-----