-----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, HXyzSQ95DQ1f50L1EvfvVapV4f/xD97ey1Hn/GErfGU5QBvlbv5ICZT7MTtNV2Ko YUhrKB+2f7b+g3VVWBfGWA== 0000950137-04-007099.txt : 20040825 0000950137-04-007099.hdr.sgml : 20040825 20040825152144 ACCESSION NUMBER: 0000950137-04-007099 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040816 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20040825 DATE AS OF CHANGE: 20040825 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PLANET POLYMER TECHNOLOGIES INC CENTRAL INDEX KEY: 0000896861 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH [8731] IRS NUMBER: 330502606 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26804 FILM NUMBER: 04996332 BUSINESS ADDRESS: STREET 1: 9985 BUSINESS PARK AVE STE A CITY: SAN DIEGO STATE: CA ZIP: 92131 BUSINESS PHONE: 8585495130 MAIL ADDRESS: STREET 1: 9985 BUSINESSPARK AVE STREET 2: STE A CITY: SAN DIEGO STATE: CA ZIP: 92131 FORMER COMPANY: FORMER CONFORMED NAME: PLANET POLYMER TECHNOLOGY INC DATE OF NAME CHANGE: 19950511 8-K 1 a01492e8vk.htm FORM 8-K Planet Polymer Technologies, Inc.
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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): August 16, 2004

Planet Polymer Technologies, Inc.

(Exact name of registrant as specified in its charter)

California
(State or other jurisdiction of incorporation)

     
0-26804   33-0502606
(Commission File No.)   (IRS Employer Identification No.)

6835 Flanders Drive, Suite 100
San Diego, California 92121
(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (619) 291-5694

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ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
ITEM 9.01. EXHIBITS
SIGNATURE
EXHIBIT 99.4

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ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

     On August 16, 2004, Planet Polymer Technologies, Inc. (OTC BB: POLY.OB) a San Diego advanced materials company (“Planet”) reported a loss for the six months ending June 30, 2004 of $244,591 and a loss from operations of $255,306 compared to net income of $181,202 and a loss from operations of $106,286 for the same period in 2003. Planet incurred increased accounting and legal expenses due to the proposed transaction between Planet and Allergy Free, LLC. For the six months ended June 30, 2004 loss per share was $0.04, compared to net income of $0.03 per share for the same period in 2003.

LIMITATION ON INCORPORATION BY REFERENCE.

     In accordance with general instruction B.6 of Form 8-K, the information in this report and the attached exhibit is furnished pursuant to Item 2.02 and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.

ITEM 9.01. EXHIBITS

  99.4   Press Release dated August 24, 2004

This Current Report on Form 8-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends that such statements shall be protected by the safe harbors provided for in such sections. Such statements are subject to risks and uncertainties that could cause the Company’s actual results to vary materially from those projected in such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to those discussed in the section entitled “Risk Factors,” and in “Item 6 — Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s latest Form 10-KSB filed with the S.E.C.

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SIGNATURE

     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.
         
  PLANET POLYMER TECHNOLOGIES, INC.
 		  
Dated: August 24, 2004  By:   /s/ H.M. Busby    
    H.M. Busby   
    Chief Executive Officer and President   
 

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EX-99.4 2 a01492exv99w4.txt EXHIBIT 99.4 EXHIBIT 99.4 PRESS RELEASE PLANET POLYMER TECHNOLOGIES, INC. ANNOUNCES ROYALTY AGREEMENT WITH RYER, INC. AND SIX MONTH PERIOD ENDED JUNE 30, 2004 FINANCIAL RESULTS San Diego, CA-August 24, 2004-On August 16, 2004, Planet Polymer Technologies, Inc. (OTC BB: POLY.OB) a San Diego advanced materials company ("Planet") reported a loss for the six months ending June 30, 2004 of $244,591 and a loss from operations of $255,306 compared to net income of $181,202 and a loss from operations of $106,286 for the same period in 2003. Planet incurred increased accounting and legal expenses due to the proposed transaction between Planet and Allergy Free, LLC. For the six months ended June 30, 2004 loss per share was $0.04, compared to net income of $0.03 per share for the same period in 2003. In addition, Planet reported that the patent rights relating to the AQUAMIM(R) products were assigned, with Planet's approval, by Ryer Enterprises, LLC to Ryer, Inc. As part of the assignment, Planet received a payment from Ryer, Inc. of approximately $161,000 to satisfy the remaining balance of the note relating to the AQUAMIM(R) products and the original Royalty Agreement between Planet and Ryer Enterprises, LLC. On August 13, 2004, Planet filed an Amended 10KSB for the annual period ending December 31, 2003, and an Amended 10QSB for the three month period ending March 31, 2004. For further information contact H. Mac Busby at (619) 291-5694. Except for the historical information contained herein, this news release contains forward-looking statements which involve risks and uncertainties, including the risk that actual results could differ materially from the results that may be indicated by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the market acceptance of new products and technologies, and market conditions as well as other risks detailed from time to time in Planet Polymer's SEC reports, including the report on Form 10-KSB for the year ended December 31, 2003. -----END PRIVACY-ENHANCED MESSAGE-----