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TOPIC: DTEK - Display technologies, Inc.

DTEK - Display technologies, Inc. 13 years 7 months ago #1078

  • azzman
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[Re: DTEK - Display technologies, Inc.]
November 9, 2006

Item 5.01 Changes in Control of Registrant.

On November 2, 2006, Century Capital Partners, LLC (“Century”) completed the sale of 90,000,000 shares (the “Shares”) of common stock of Display Technologies, Inc. (the “Company”) to Jeko International, Inc. (“Jeko”), a Delaware corporation, pursuant to a Stock Purchase and Sale Agreement between the parties. After giving effect to the sale, Jeko is the holder of 91.8% of the Company’s outstanding shares of common stock. The purchase price for the Shares was $185,000, which was funded from Jeko’s working capital.

Pursuant to the Stock Purchase and Sale Agreement, Century agreed to cause John M. Papazian, Jeko’s President and Chief Executive Officer, to be appointed the sole director of the Company as of the closing of the sale of the Shares.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As disclosed above, upon the closing of the sale of the Shares, John M. Papazian was appointed the sole director of the Company. Thereafter, on November 7, 2006, Alijandra Mogilner and Stephen Rasche were elected to the Board of Directors and Mr. Papazian was appointed the Company’s Chief Executive Officer.

Mr. Papazian, age 71, has served as a consultant to a series of homeowners’ associations on architectural issues since January 2001. He has also acted as Secretary and Director of Four Seasons Active Adult Communities at Hemet, Beaumont and Palm Springs in Riverside County, California during the past five years. Additionally, Mr. Papazian has acted as Director for Raven Global Security LLC, a company providing business consulting services on issues of international security.
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DTEK - Display technologies, Inc. 14 years 1 week ago #987

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[DTEK - Display technologies, Inc.]
I bought a few DTEK. They have not filed any SEC reports since 4/17/02 and then a new CEO, Michael Anthony, filed a Form 15-12G to terminate their SEC Filing status on 6/22/2006. Michael Anthony has been involved with other shell stocks, most recently UBDT.

From the last 10Q filed on 2/15/2001:

As of June 22,2001, 8,561,750 shares of Common Stock were outstanding.

SEC Filings
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