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): May 31, 2006
TECHLABS, INC.
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(Exact name of registrant as specified in its charter)
FLORIDA 000-26233 65-0843965
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State or other (Commission (IRS Employer
jurisdiction of File Number) Identification Number)
incorporation)
8905 KINGSTON PIKE, SUITE 313, KNOXVILLE, TN 37923
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(Address of executive offices and Zip Code)
Registrant's telephone number, including area code: (215) 243-8044
NOT APPLICABLE
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (SEE General Instruction A.2. below):
[_] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[_] Pre-commencement communications pursuant to Rule 133-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 7.01 REGULATION FD DISCLOSURE
On May 31, 2006, the Registrant issued a press release announcing that it has
entered in a joint venture agreement with the controlling shareholder of
Venezuelan-based Corporacion SportAlum C.A. for the import into the United
States of aluminum extrusions in a variety of custom shapes. A copy of this
press release is hereby incorporated by reference and furnished as part of this
Current Report as Exhibit 99.1.
On June 6, 2006, the Registrant issued a press release announcing that as a
result of its two-year effort to research and develop business opportunities in
the Caribbean basin and South America, it is now in a position to move forward
with two new potential ventures. The Registrant announced that it entered into
contract negotiations for an approximate 26,000 square-foot property located on
Margarita Island, a Caribbean island of Venezuela, which will serve as its first
micro-resort property. The Registrant further announced that it entered into an
initial stage of negotiations to acquire Venezuelan-based Corporacion SportAlum
C.A. (SportAlum), and will shortly commence a full due-diligence effort with
respect to structuring a purchase transaction with SportAlum's principals. A
copy of this press release is hereby incorporated by reference and furnished as
part of this Current Report as Exhibit 99.2.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
99.1 Press Release issued May 31, 2006 regarding joint venture
with the controlling shareholder of Venezuelan-based
Corporacion SportAlum C.A.
99.2 Press Release issued June 6, 2006 regarding two new
potential ventures as part of its efforts to develop
business opportunities in the Caribbean basin and South
America.
SIGNATURES
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.
Techlabs, Inc.
Date: June 8, 2006 By: /s/ Jayme Dorrough
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Jayme Dorrough, President