Oy.
ITEM 8.01 OTHER EVENTS.
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On June 1, 2006, Telesis Technology Corporation was served with a Search
Warrant for certain documents maintained in its Palmetto, Florida, office space,
from the United States District Court of the Middle District of Florida. The
company learned that it is subject to a criminal investigation in connection
with the sale of certain of its products to certain government customers. The
principal executive officer of the company may also be subject to the
investigation. The company complied fully with the Search Warrant, has obtained
criminal defense counsel and is cooperating fully with the authorities.
Additionally, the Company has not filed its March 31, 2006, quarterly
report and as a result of (a) the investigation described above, and (b) the
complications that may be caused both to the timely filing of its public reports
and to its operations as a whole, as a result of the investigation, it may not
ever file such quarterly report and/or any other reports which it is required to
file with the Commission. Additionally, as a result of the investigation and
complications caused thereby, we may decide to take actions in the future to
cease being a company subject to the reporting obligations of the Securities
Exchange Act of 1934.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Company has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
TELESIS TECHNOLOGY CORPORATION
By: /s/ Hasit Vibhakar
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HASIT VIBHAKAR, Chairman, CEO & President
Date: June 12, 2006 |
