UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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) April 13, 2006
ADVANCE TECHNOLOGIES, INC.
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(Exact name of registrant as specified in its charter)
NEVADA 0-27175 95-4755369
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
15 N. Longspur Drive
The Woodlands, TX, 77380
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(Address of principal executive offices) (Zip Code)
(310) 213-2143
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Registrant's telephone number, including area code
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(Former name or former address, if changed since last report)
Check the appropriate box below of the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
{ } 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 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
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ITEM 8.01 OTHER EVENTS.
Advance Technologies Inc. has established a subsidiary, Infrared Systems
International, and intends to license to that entity the right to use Advance
Technologies Inc.'s intellectual property in the Infrared Security System. The
actual terms of such license have not yet been determined. It is anticipated
that Infrared Systems International will seek relationships with third parties
for the exploitation of the Infrared Security System. Assuming that Infrared
Systems International is successful in commercially exploiting the Infrared
Security System, it is the current intention of the Board of Directors of
Advance Technologies Inc. to distribute its then-equity interest in Infrared
Systems International to the shareholders of Advance Technologies Inc. as a
stock dividend, subject to compliance with applicable securities laws, but it is
not anticipated that any such distribution will occur for at least twelve
months.
This announcement contains certain forward-looking statements and information
that are based on the beliefs of management as well as assumptions made by and
information currently available to management. When used in this document, the
words "anticipate," "believe," "estimate," "expect," "intend," "will," "plan,"
"should," "seek," and similar expressions, are intended to identify
forward-looking statements. Such statements reflect the current view of
management regarding future events and are subject to certain risks,
uncertainties and assumptions. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove incorrect,
actual actions or results may vary materially from those described herein as
anticipated, believed, estimated, expected or intended.
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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.
Dated: April 11, 2006 ADVANCE TECHNOLOGIES, INC.
By: /s/ GARY E. BALL
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Gary E. Ball
President and Director
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