Attached files
| file | filename |
|---|---|
| EX-99.1 - EXHIBIT 99.1 - DAYSTAR TECHNOLOGIES INC | exhibit99-1.htm |
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
October 22, 2012
Date of Report (Date of earliest
event reported)
DAYSTAR TECHNOLOGIES, INC.
(Exact Name of Registrant as Specified in Charter)
| DELAWARE | 001-34052 | 84-1390053 |
| (State or Other | (Commission File Number) | (IRS Employer |
| Jurisdiction of Incorporation) | Identification No.) |
33556 Alvarado Niles Road
Union City, California
94587-1010
(Address of Principal Executive Offices) (Zip Code)
(408) 582-7100
(Registrant's telephone number,
including area code)
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 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
| Item 2.01 | Completion of Acquisition or Disposition of Assets. |
On October 16, 2012, DayStar Technologies, Inc. (the “Company”) announced the acquisition of Hawaii Commercial Renewable Energy solar projects from Avatar Solar, Simi Valley, CA. The purchase price was $850,000 paid in cash and equity that prices DayStar’s common stock at $2.00 per share. This purchase represents seven producing solar installations, all located in Hawaii, and are all supported by long-term power purchase agreements.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits. |
| Exhibit No. | Description | |
| 99.1 | Press Release, dated October 16, 2012. |
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.
DAYSTAR TECHNOLOGIES, INC.
| Date: October 22, 2012 | By /s/ Peter A. Lacey |
| Peter A. Lacey | |
| Interim Chief Executive Officer |