-----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, JQve66/YmpQ+9hQ5/Nbum3HxHi8CcRrs1Mv5Ejd/KwlCTn8SUqbsc8KHZRengCv7 5uEDohmPZLpiHZxqYbtSzw== 0000919607-98-000149.txt : 19980417 0000919607-98-000149.hdr.sgml : 19980417 ACCESSION NUMBER: 0000919607-98-000149 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980416 ITEM INFORMATION: FILED AS OF DATE: 19980416 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: VECTOR AEROMOTIVE CORP CENTRAL INDEX KEY: 0000830664 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 330254334 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-10559 FILM NUMBER: 98595565 BUSINESS ADDRESS: STREET 1: 975 MARTIN AVENUE CITY: GREEN COVE SPRINGS STATE: FL ZIP: 32043 BUSINESS PHONE: 9045290092 MAIL ADDRESS: STREET 1: 975 MARTIN AVENUE CITY: GREEN COVE SPRINGS STATE: FL ZIP: 32043 8-K 1 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): April 16, 1998 VECTOR AEROMOTIVE CORPORATION (Exact name of Registrant as specified in its charter) Nevada (State of incorporation) 00-17303 (Commission File Number) 33-0254334 (IRS Employer Identification No.) 975 Martin Avenue, Green Cove Springs, Florida 32043 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (904) 529-0092 Item 5. Other Events. The Board of Directors as of April 1, 1998, elected T. J. Enright as President of the Company and Thomas Hallquest as Secretary of the Company. The Board of Directors also appointed an Executive Committee consisting of R. W. Welty, T. J. Enright and Thomas Hallquest; a Compensation Committee consisting of R. W. Welty, Lilly Beter and Michael J. Kimberley; and an Audit Committee consisting of R. W. Welty and Thomas Hallquest. American Dream International Limited, a corporation organized under the laws of The Bahamas, is attempting to raise equity capital in the public markets to, among other things, provide the Company with enough capital to commence full scale operations and operate for the foreseeable future. American Dream International Limited has an option to purchase 60,000,000 shares of Common Stock from the Company and other shares from V'Power Corporation. American Dream International Limited also has the right to nominate a majority of the Board of Directors of the Company. Lilly Beter Capital Group, Inc., an affiliate of Lilly Beter, a director of the Company, is acting as financial advisor to American Dream International Limited. There can be no assurance that American Dream International Limited will be able to obtain an underwriter for its securities or successfully raise the capital sought. The Company plans to race its M12 at the nationally televised Toshiba Copiers & Fax Nevada Grand Prix at Las Vegas Motor Speedway. The race is scheduled for April 26, 1998. * * * * * * * Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VECTOR AEROMOTIVE CORPORATION /s/ Timothy J. Enright Timothy J. Enright, President Date: April 16, 1998 -----END PRIVACY-ENHANCED MESSAGE-----