-----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, IRi2DsZt5nptHgpcGhs2u5lcHqy9uzJ4xMgWwx/UmdYsKhKOyqp98qovjBWTwyr6 YAlsuNr25VBNXhyPjXkrLA== 0000904896-04-000016.txt : 20040324 0000904896-04-000016.hdr.sgml : 20040324 20040324155642 ACCESSION NUMBER: 0000904896-04-000016 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040322 ITEM INFORMATION: Other events FILED AS OF DATE: 20040324 FILER: COMPANY DATA: COMPANY CONFORMED NAME: N-VIRO INTERNATIONAL CORP CENTRAL INDEX KEY: 0000904896 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 341741211 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21802 FILM NUMBER: 04687454 BUSINESS ADDRESS: STREET 1: 3450 W CENTRAL AVE STREET 2: STE 328 CITY: TOLEDO STATE: OH ZIP: 43606 BUSINESS PHONE: 4195356374 MAIL ADDRESS: STREET 1: 3450 WEST CENTRAL AVENUE SUITE 328 CITY: TOLEDO STATE: OH ZIP: 43606 8-K 1 doc1.txt 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 22, 2004 N-VIRO INTERNATIONAL CORPORATION (EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER) DELAWARE 0-21802 34-1741211 (STATE OR OTHER (COMMISSION (IRS EMPLOYER JURISDICTION FILE NUMBER) IDENTIFICATION NO.) OF INCORPORATION) 3450 W. CENTRAL AVENUE, SUITE 328 TOLEDO, OHIO 43606 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (419) 535-6374 ITEM 5. OTHER EVENTS N-Viro International Corporation announced today in a press release that its Board of Directors have approved a rights offering for the beneficial owners of its Common Stock, which is attached as Exhibit 99.1. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. N-VIRO INTERNATIONAL CORPORATION Dated: March 22, 2004 By: /s/ James K. McHugh ---------------- ------------------------ James K. McHugh Chief Financial Officer EX-99.1 3 doc2.txt Exhibit 99.1 ------------- NEWS RELEASE FOR IMMEDIATE RELEASE For More Information Contact: Terry J. Logan, Ph.D., N-Viro International Corp., tlogan@nviro.com (419) 535-6374 N-Viro Announces Rights Offering Toledo, Ohio, March 22, 2004 -N-Viro International Corp. (OTC Bulletin Board: NVIC:OB) announced today that its Board of Directors has approved a Rights Offering for the beneficial owners of its Common Stock. The Company will issue one Right to purchase one share of Common Stock, for each ten shares of stock beneficially owned. The Rights, which are being issued without registration, will be non-transferable and exercisable only by the beneficial owners in whose names they are issued. Phil Levin, Chairman of N-Viro's Board of Directors said, "In view of the recent private placement of Common Stock and the conversion of certain debt to Common Stock, the Board wanted to give an opportunity to our existing beneficial owners to maintain, generally, their percentage of ownership if they elect to do so. We will be filing a registration statement for the Common Stock to be issued upon exercise of the Rights (which will not be exercisable until the Registration Statement is effective) and the exercise price will be set at the time of effectiveness. Any proceeds received would be used to further improve the balance sheet, and to implement new marketing tools and expand research and development." N-Viro International Corporation develops and licenses its technology to municipalities and private companies. N-Viro's patented processes use lime and/or mineral-rich, combustion byproducts to treat, pasteurize, immobilize and convert wastewater sludge and other bio-organic wastes into biomineral agricultural and soil-enrichment products with real market value. More information about N-Viro International can be obtained by contacting the office or on the Internet at www.nviro.com or by e-mail inquiry to info@nviro.com. The Company cautions that words used in this document such as "expects," "anticipates," "believes" and "may," as well as similar words and expressions used herein, identify and refer to statements describing events that may or may not occur in the future. These forward-looking statements and the matters to which they refer are subject to considerable uncertainty that may cause actual results to be materially different from those described herein. For example, while the Company believes that trends in sludge treatment are moving in favor of the Company's technology, such trends may not continue or may never result in increased sales or profits to the Company because of the availability of competing processes. - 30 - -----END PRIVACY-ENHANCED MESSAGE-----