SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
February 16, 2002
(Date of earliest event reported)
NUPRO INNOVATIONS INC.
(Exact Name of Registrant as Specified in Charter)
DELAWARE
(State or other jurisdiction of incorporation)
0-28433 84-0893269
(Commission File Number) (IRS Employer Identification Number)
3296 EAST HEMISPHERE LOOP
TUCSON, ARIZONA
85706-5013
(Address of Principal Executive Offices)
(Zip Code)
(520) 547-3510
(Registrant's telephone number, including area code)
Item 5. Other Events
On February 16, 2002, the Board of Directors of the Company accepted the
resignation of Elke Veselinovic to the offices of President and Chief Executive
Officer with the Company. The Board also unanimously approved the appointment of
Reiner Becker, current Chairman of the Board, to the offices of President and
Chief Executive Officer. A copy of a press release announcing the foregoing is
attached as Exhibit 99.3 to this Form 8-K and is incorporated herein by
reference.
Item 7. Exhibits
Exhibit No. Description of Exhibit
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99.3 Press Release dated February 20, 2002.
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.
NUPRO INNOVATIONS INC.
Date: February 20, 2002 By: /s/ Reiner Becker
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Reiner Becker
President and Chief Executive Officer
Exhibit 99.3
Reiner Becker
Chairman of the Board
(520) 547-3510
nuinnovat@nuproinnovations.com
FOR IMMEDIATE RELEASE
NUPRO INNOVATIONS INC. ANNOUNCES RESIGNATION OF PRESIDENT AND CEO AND
APPOINTMENT OF NEW PRESIDENT AND CEO.
TUCSON, Ariz. (February 20, 2002). Nupro Innovations Inc. (OTC BB:NUPP)
today announces the resignation, effective February 16, 2002, of Elke
Veselinovic to the offices of President and Chief Executive Officer. Mrs.
Veselinovic was appointed to such offices on February 2, 2002, upon the death of
her husband and former President and CEO of the company, Luba Veselinovic. Mrs.
Veselinovic communicated her desire to devote time to her family and other
personal matters. At a Special Meeting of the Board of Directors held on
February 16, 2002, the board unanimously accepted Mrs. Veselinovic's resignation
and appointed Reiner Becker, current Chairman of the Board, to the offices of
President and Chief Executive Officer.
"We understand and fully support Elke's priorities at this time," said
Reiner Becker, Chairman of the Board, President and CEO. "Elke will continue to
provide her insight to the company in her capacity as Director, therefore, we
will not lose her experience and vision to continue commercializing NuPro's
products."
This release may contain forward-looking statements that involve risks and
uncertainties. These statements may differ materially from actual future events
or results. Readers are referred to the documents filed by the Company with the
Securities and Exchange Commission, specifically the most recent reports on Form
10-K and 10-Q, and as amended, which identify important risk factors that could
cause actual results to differ from those contained in the forward-looking
statements, including potential fluctuations in operating results, dependence on
new product developments, rapid technological and market changes, manufacturing
risks, volatility of the Company's stock price, financial risk management, and
future growth subject to risks.