Agreement, dated December 31, 1999, and has demanded that the assets of the

Company be transferred to him pursuant to the Senior Secured Convertible Notes

which he holds.

The Company is considering the options available to it, including but not

limited to referring this matter to the Office of the United States Trustee in

the bankruptcy proceeding still pending with respect to the Company. There can

be no assurance that Mr. Wetzler will not be successful in obtaining all the

assets of the Company. In such event, the Company will have no assets and will

cease operations.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,

the Registrant has duly caused this report to be signed on its behalf by the 
undersigned hereunto duly authorized. 

American Film Technologies, Inc. 

Dated: November 22, 2000 By:/s/ Porter Bibb ---------------------------- Porter Bibb Director