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: March 15, 2002 INNOVATIVE MEDICAL SERVICES ------------------------------------------------------- (Exact name of registrant as specified in its charter) California 33-0530289 ------------------------------------------------------------ (State or other jurisdiction (I.R.S. Employer of incorporation or organization) Identification No.) 1725 Gillespie Way, El Cajon, California 92020 ---------------------------------------------------------------- (Address of principal executive offices)(Zip Code) (619) 596 8600 ----------------- (Registrant's telephone number, including area code) Item 5. Other Information Innovative Medical Services held its annual shareholders meeting on March 11, 2002. At the Annual Meeting the following Proposals were approved by the shareholders: Proposal No. 1. Election of directors The following directors were re-elected: Gregory Barnhill Dennis Brovarone Gary Brownell, CPA Patrick Galuska Michael L. Krall Eugene Peiser, PD Donna Singer Proposal No. 2. An amendment to the company's articles of incorporation to increase the company's authorized common stock from 20,000,000 to 50,000,000 shares . Proposal No. 3. Adoption of the Innovative Medical Services 2002 Employee Incentive Stock Option Plan Proposal No. 4. Adoption of the Innovative Medical Services 2002 Non-qualified Stock Option Plan 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 thereunder duly authorized. INNOVATIVE MEDICAL SERVICES --------------------------- (Registrant) By /s/ Michael L. Krall ----------------------- Michael L. Krall, President March 15, 2002