Form: 8-K

Current report filing

May 24, 2005

8-K: Current report filing

Published on May 24, 2005


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

May 21, 2005
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(Date of Report: Date of earliest event reported)


Siclone Industries, Inc.
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(Exact name of registrant as specified in its charter)


Delaware 000-25809 87-0426999
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(State or other jurisdiction (Commission File Number) (IRS Employer ID No.)
of incorporation)


6269 Jamestown Court, Salt Lake City, Utah 84121
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(Address of principal executive office)

Registrant's telephone number, including area code: (801) 566-6627
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(Former name or former address, if changed since last report)

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ITEM 5.01 Changes in Control of the Registration

On May 21, 2005, Bradley S. Shepherd, president and sole director of Siclone
Industries, Inc. ("Siclone") privately sold one million eight hundred thousand
(1,800,000) shares of common stock of Siclone to three non-affiliate companies.
The shares being sold were owned solely by Mr. Shepherd. Additionally, Mr.
Shepherd agreed to vote his remaining ten million two hundred thousand
(10,200,000) shares in favor of a reverse split of the Corporation's common
stock and for other corporate matters. Mr. Shepherd has provided a proxy to vote
his shares in favor of the proposed reverse split. It is anticipated the reverse
split will be up to 1 for 136 shares.

Mr. Shepherd has indicated he intends to step down as a director and officer of
Siclone, and accordingly, has appointed Paul Adams to the board of directors of
Siclone. Mr. Adams currently owns and operates a privately-held corporate gift
company and has been involved in other start up ventures including operating a
wholesale fishing supply company. Siclone currently has no operations and has
been looking for a business to acquire or start. At this time, there has been no
business identified which will be acquired or started. Additionally, because
Siclone has no ability to pay debt owed to Mr. Shepard, he has assigned the debt
to a non-affiliate entity and has no further financial relationship with
Siclone.



ITEM 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers

On May 21, 2005, Siclone's sole director, Bradley S. Shepherd, appointed Paul
Adams to the board of directors of Siclone. From 1992 through 2003, Mr. Adams
was involved in the manufacturing and retail sales in the sports fishing
industry as the owner of his own business. Since 2000, Mr. Adams has also owned
and operated CocoMotive Candy Company which specialized in the corporate gift
market.

Mr. Shepherd has indicated to Siclone the he will be leaving as a director and
officer of Siclone. Mr. Shepherd has no disputes with Siclone and is leaving to
pursue other ventures. Mr. Shepherd is the largest single shareholder of
Siclone.




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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 hereunder duly authorized.


Siclone Industries, Inc.


By:/S/ Brad S. Shepard
Date: May 23, 2005 Bradley S. Shepherd, President



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