Quintek Technologies Inc – ‘8-K12G3’ for 2/24/00

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Notice of Securities of a Successor Issuer Deemed to be Registered   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K12G3     Notice of Securities of a Successor Issuer Deemed     20±    80K 
                          to be Registered                                       
 2: EX-1        Underwriting Agreement                                12±    46K 

8-K12G3   —   Notice of Securities of a Successor Issuer Deemed to be Registered
Document Table of Contents

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          

February 24, 2000           
Date of Report          
(Date of Earliest Event Reported)           

QUINTEK TECHNOLOGIES, INC.          
(Exact Name of Registrant as Specified in its Charter)  

537 Constitution Avenue, Suite B          
Camarillo, California 93012           
(Address of principal executive offices)          

800/482-6874          
(Registrant's telephone number)           

JUNIPER ACQUISITION CORPORATION     
1504 R Street, N.W.           
Washington, D.C. 20009          
(Former name and former address)          

California                    0-28541        77-050536                      
(State or other              (Commission     (I.R.S. Employer                 
jurisdiction of              File Number)    Identification No.)              
incorporation)                                                                

ITEM 1.     CHANGES IN CONTROL OF REGISTRANT                                    

(a)  Pursuant to an Agreement and Plan of Reorganization        
(the "Acquisition Agreement"), Quintek Technologies, Inc. ("Quintek"            
or the "Company"), a California corporation, has acquired all the               
outstanding shares of common stock of Juniper Acquisition                       
Corporation ("Juniper"), a Delaware corporation, from the                       
shareholders thereof in an exchange for an aggregate of 400,000                 
shares of common stock of Quintek (the "Acquisition").  As a result,            
Juniper has become a wholly-owned subsidiary of Quintek.                        

The Acquisition was approved by the unanimous consent of the    
Board of Directors of Quintek on February 18, 2000.  The Acquisition            
was effective February 24, 2000.  The Acquisition is intended to                
qualify as a reorganization within the meaning of Section                       
368(a)(1)(B) of the Internal Revenue Code of 1986, as amended.                  

Quintek had 16,491,066 shares of common stock issued and        
outstanding prior to the Acquisition and 16,891,066 shares issued               
and outstanding following the Acquisition.                                      

Upon effectiveness of the Acquisition, pursuant to Rule         
12g-3(a) of the General Rules and Regulations of the Securities and             
Exchange Commission, Quintek elected to become the successor issuer             
to Juniper for reporting purposes under the Securities Exchange Act             
of 1934 and elects to report under the Act effective February 24, 2000.         

A copy of the Acquisition Agreement is filed as an exhibit      
to this Current Report and is incorporated in its entirety herein.              
The foregoing description is modified by such reference.                        

(b)  The following table contains information regarding the     
shareholdings of Quintek's current directors and executive officers             
and those persons or entities who beneficially own more than 5% of              
its common stock (giving effect to the exercise of any warrants held            
by each such person or entity exercisable within 60 days of the date            
hereof):                                                                        

                          Number of Shares of           Percent of
                            Common Stock Beneficially     Common Stock
Name                             Owned (1)                     Beneficially     

Thomas W. Sims                                                                  
Chairman, President,                                                            
Chief Executive Officer                                                         
and a Director (3)                 1,280,627                        7.6%        

Catherine Sims                                                                  
Secretary (3)                      1,287,000                        7.62%       

Kurt Kunz                                                                       
Vice President, Engineering                                                     
and a Director (4)                 1,619,000                        9.58%       

Teresa Kunz                                                                     
Treasurer (4)                      1,619,000                        9.58%       

Kelly Kunz                                                                      
Vice President, Manufacturing                                                   
and a Director (5)                   260,000                        1.54%       

Thomas Salahub                                                                  
Vice President, Sales & Marketing                                               
and a Director                       470,000                        2.78%       

Susan Woodruff                                                                  
Controller                            70,000                          *         

Alex Black                                                                      
c/o Quintek Technologies, Inc.                                                  
537 Constitution Avenue, Suite B                                                
Camarillo, California 93012 (6)     2,300,000                      12.31%       

Kim Kunz                                                                        
c/o Quintek Technologies, Inc.                                                  
537 Constitution Avenue, Suite B                                                
Camarillo, California 93012 (7)      910,000                        5.23%       

All officers and directors                                                      
as a group                                                                      
(7 persons)                        3,759,627                       22.3%        

*       Less than 1% percent                                                    

(1)     Includes options and warrants which are exercisable within              
60 days of the date hereof.                                     

(2)     Based upon 16,891,066 shares outstanding following the                  
Acquisition.                                                    

(3)     Includes 1,227,000 shares owned by a family trust for Thomas            
W. Sims, Catherine Sims and their children.  Catherine Sims     
is the spouse of Thomas Sims.                                   

(4)     Includes 1,619,000 shares owned by a family trust for Kurt              
Kunz, Teresa Kunz and their children.  Teresa Kunz is the       
spouse of Kurt Kunz.                                            

(5)     Includes 260,000 shares owned by a family trust for Kelly               
Kunz, his wife and their children.                              

(6)     Includes 500,000 shares and warrants for the purchase of                
1,800,000 shares of common stock.  Only for the calculation     
of the percentage of common stock beneficially owned by Mr.     
Black, the exercise of all his warrants is assumed and the      
number of shares of common stock outstanding following the      
exercise of such warrants is assumed to be 18,691,066 shares.   

(7)     Includes 400,000 shares and warrants for the purchase of                
510,000 shares of common stock owned by family trusts for       
Kim Kunz, his wife and their children.  Only for the            
calculation of the percentage of common stock beneficially      
owned by Mr. Kunz, the exercise of all his warrants is          
assumed and the number of shares of common stock outstanding    
following the exercise of such warrants is assumed to be        
17,401,066 shares.  Mr. Kunz is the brother of Kurt Kunz and    
Kelly Kunz and the brother-in-law of Teresa Kunz, but does      
not reside with any of them and is not an officer, director     
or employee of the Company.                                     

ITEM 2.     ACQUISITION OR DISPOSITION OF ASSETS                                

(a)  The consideration exchanged pursuant to the Acquisition    
Agreement was negotiated between Juniper and Quintek. In evaluating             
the Acquisition, Juniper used criteria such as the value of assets              
of Quintek, Quintek's ability to compete in the market place,                   
Quintek's current and anticipated business operations, and Quintek              
management's experience and business plan.  In evaluating Juniper,              
Quintek placed a primary emphasis on Juniper's status as a reporting            
company under Section 12(g) of the Securities Exchange Act of 1934,             
as amended, and Juniper's facilitation of Quintek's becoming a                  
reporting company under the Act.                                                

(b) The Company intends to continue the manufacturing,          
marketing and selling of its proprietary equipment for recording                
digital images on aperture card media.                                          

BUSINESS                                                                        

THE COMPANY                                                                     

Quintek, the successor to Quintek Electronics,    
Inc. ("QEI"), was established for the primary purpose             
of developing, manufacturing, and distributing the                
4300 Aperture Card Imaging System's technology, used              
for recording digital images on aperture card media               
(the "4300 System"). The 4300 System consists of the              
4305 Aperture Card Plotter, the 4303 Universal                    
Interface, aperture card media, support software, and             
related services.                                                 

There can be no assurance that the Company        
will be able to implement its business plan                       
successfully and make a profit selling its products.              
There can be no assurance that the Company will be                
able to continue to manufacture the 4300 System or                
that it will be able to produce and sell its products             
economically or in sufficient quantities to enable the            
Company to continue as a going concern.                           

APERTURE CARDS                                                    

Aperture cards are small, rectangular cards       
(about the size of a timecard) each of which contains             
a 35mm chip of microfilm.  The microfilm is used for              
storing visual information and the remainder of the               
card is used to identify pertinent aspects of the                 
microfilmed image.  Quintek believes the aperture card            
is a preferred media for long term storage of data                
because of its long life expectancy and because                   
microfilm is a well known and established medium.                 

Quintek estimates that over 500 million master    
aperture cards are produced each year worldwide using             
the conventional photographic process for imaging and             
developing the film. The chemistry and fumes involved             
with photographic film development may be hazardous,              
and the waste material resulting from the chemical                
process may be considered hazardous waste material.               
Quintek's 4300 System does not use a chemical process             
and does not produce any hazardous waste material.                

Aperture cards have been used for permanent       
storage of engineering plans and designs for more than            
50 years. Although development of electronic data                 
imaging and storage have vastly improved ways to                  
manipulate and distribute records, digital media lack             
the storage longevity of microfilm. Magnetic media can            
degrade over time and information on them can be lost,            
even if stored under ideal conditions. In contrast,               
microfilm is eye readable and therefore access to the             
stored information is not dependent on file formats,              
software, computers, drives, and technology.                      

THE 4300 APERTURE CARD IMAGING SYSTEM                             

Quintek's principal product is the 4300           
System. The 4300 System is comprised of the 4303                  
Universal Interface ("4303 Interface") and the 4305               
Aperture Card Plotter ("4305 Plotter") and related                
media and services. The two components operate                    
together to provide a system for producing aperture               
media directly from vector, ASCII, raster and                     
postscript image files.  The 4303 Interface is hosted             
on personal computers and functions to interface the              
4305 Plotter with the operator and user system.                   
Quintek's 4303 Interface software can be adapted to               
accommodate most user files.                                      

The 4300 System is intended to eliminate the      
problems of conventional aperture card manufacturing              
by producing aperture card media with a chemical-free             
process. Aperture cards produced with the 4300 System             
can be used with conventional printing, duplicating               
and viewing equipment.   The 4300 System aperture                 
cards have an estimated life expectancy of over 100               
years and are manufactured by the Bell & Howell                   
Corporation using dry silver film supplied by Eastman             
Kodak Company which can be developed by application of            
heat rather than by a liquid or viscous process. The              
4305 Plotter uses a low powered laser to etch the                 
image on the film chip and a patented heat process to             
develop and fix the film.  The 4300 System aperture               
card media can be used with most standard microfilm               
viewers, duplicators, and printers.                               

Quintek believes that the 4300 System is the      
only chemical free aperture card production system                
available on the market today, providing a reliable               
and "environmentally friendly" alternative to                     
competitive products.  By using the 4300 System, the              
customer can eliminate much of the equipment, floor               
space, operators, maintenance, and all chemicals                  
required for conventional card production.                        

A basic 4300 System, including a 4303             
Interface and a 4305 Plotter running at the rate of 20            
cards per hour, retails for approximately $50,000. The            
Hollerith Punch and Performance Option (40 cards per              
hour) can be added for an additional cost of $10,000              
each.                                                             

MANUFACTURING                                                     

Bofors AB currently manufactures the 4305         
Plotter units, internal modules, and spare parts at               
their factory located in Karlskoga, Sweden. The                   
production is done on an "as required" basis in                   
support of Quintek's delivery requirements.  Bofors               
has at least one vendor for all components and                    
multiple vendors for most components.  The loss of a              
supplier for any item manufactured by or purchased                
only from such vendor could have an adverse effect on             
the Company's operations.  The 4303 Interface is based            
on the standard personal computer platform and                    
consists of a combination of standardized and                     
customized hardware and software modules.  With the               
exception of the Greensheet Interface Board (which                
links a computer with the 4305 Plotter), Quintek has              
several sources for all purchased components within               
the 4303 Interface configuration. Quintek currently               
has one reliable vendor for the Greensheet Board, Ikon            
Corp., and plans to eliminate this board in the near              
future by developing a new feature to allow the 4305              
Plotter to be plugged into the printer connector of a             
standard personal computer.  Until the development of             
this technology, loss of the supplier of the                      
Greensheet Board could have a materially adverse                  
effect on the Company's operations.                               

A continued supply of aperture card media is      
crucial to the success of Quintek's business. Without             
aperture cards, Quintek's customers are not able to               
use the equipment, services and software supplied by              
Quintek.  The loss of the supply of aperture cards and            
dry silver film would have a material adverse effect              
on the Company's operations.                                      

MARKETING                                                         

Companies which require engineering drawings,     
documents, or records to be stored for over seven                 
years are considered prime prospects for the 4300                 
System, regardless of the type of system used for                 
creating or accessing the information.  Quintek                   
believes the market for the 4300 System is sizeable as            
manufacturing companies generate engineering drawings             
and  have requirements for long term storage of                   
critical information.  Quintek believes the need for              
long term storage of documentation will continue to               
grow as advances in technology continue.  Quintek's               
customers are generally large manufacturers or utility            
companies that produce complex mechanical and                     
electrical products in industries, including the                  
automobile, aerospace, shipbuilding, gas and oil,                 
railroad, defense, and road construction industries.              
Many of these companies use aperture cards to maintain            
and store the drawings used in maintenance and                    
production of their products.  There is no assurance              
that Quintek is accurate in its beliefs.                          

SUBSIDIARIES                                                      

Qtek Aperature Card AB, a 49%-owned subsidiary    
of the Company incorporated in Sweden, maintains                  
relations with Bofors AB, the manufacturer of certain             
of Quintek's equipment, distributes and provides                  
customer support for Quintek's European customers, and            
produces aperture cards for customers using the 4300              
System.  Qtek Aperature Card AB maintains offices at              
Bofors AB's facilities in Karlskoga, Sweden, and has              
two full-time employees who are its majority                      
shareholders and one part-time employee.  Quintek may             
consider selling its stake in Qtek Aperature Card AB              
in the future.                                                    

CUSTOMERS                                                         

Existing customers include Morgan                 
Construction, TRW, SCGC, the United States Navy,                  
Pacific Gas & Electric,  Southern California Gas                  
Company, Lockheed-Martin, Smiths Industries, Zenith               
Electronics, Mallory Controls, York International,                
Dresser Industries, Caltrans, Duke Power, the Canadian            
Department of Defense, Aqua-Chem, Aramco, and National            
Machinery.                                                        

During the last half of 1999, Quintek expanded    
its customer base to include NASA, Whirlpool                      
Corporation, Lufkin Industries, Baltimore Gas &                   
Electric, Document Management Solutions, and Salt                 
River Project.   However, there can be no assurance               
that the Company will continue to attract customers,              
or that existing customer relationships will continue.            

WARRANTY AND SERVICE                                              

Quintek provides a 90 day warranty on all of      
its products. Thereafter extended maintenance                     
contracts are offered at typical rate of 10% of retail            
price per year.  Maintenance service typically                    
includes phone support, preventative maintenance,                 
spare parts, software upgrades, and on-site service               
calls.                                                            

In most cases, Quintek provides spare parts,      
phone support, software upgrades and technical support            
and relies on a third party technical representative              
to provide on-site service. Quintek has contracted                
with Anacomp Corporation to provide local service                 
through Anacomp's nationwide network of service centers.          

COMPETITION                                                       

Quintek faces both indirect and direct            
competition. Indirect competition presents itself in              
the form of paper plotters, cameras, keypunch                     
equipment and any other product which can be used as              
part of the conventional aperture card production                 
process.                                                          

Direct competitors are manufactures of            
equipment which produce aperture cards directly from a            
digital data source. These include Wicks and Wilson               
Limited (produced in England), LaserScan (produced in             
England), and Microbox (produced in Germany). The                 
aperture card plotters manufactured by these companies            
use chemicals for film development and Quintek                    
believes that their products are more complex, larger,            
heavier, less reliable, and more expensive than the               
4300 System.                                                      

CD-ROM technology is considered both              
competitive and complementary to the 4300 System. It              
is competitive in the sense that drawing information              
can be digitized and stored on optical disk instead of            
aperture card. It is complementary because aperture               
cards provide a means to make optical disk information            
available to the outside world in an eye-readable                 
format. Many early users of Electronic Image                      
Management systems now believe there are drawbacks                
with respect to long term survival of digital data on             
optical disk (e.g. some drives and media used seven               
years ago are no longer available).  Quintek believes             
that users of electronic media must plan on evolution             
of new media types which will need to be supported by             
new drives, hardware controllers, standards,                      
specifications, and software modules. Further, Quintek            
believes that paper and microfilm will not easily                 
become obsolete because the interpretation of                     
information on paper and microfilm is independent of              
advances in  new  technology.  However, there can be              
no assurance that new technology will not be developed            
that will supplant Quintek's products and eliminate               
their market.                                                     

REGULATION                                                        

Quintek's business is not subject to any          
special regulatory regime, other than general laws and            
regulations, such as employment and safety                        
regulations, that apply generally to manufacturers and            
distributors of industrial equipment. United States               
and Swedish laws and regulations regarding                        
importation, exportation, and customs will apply to               
any units imported from Sweden.                                   

EMPLOYEES                                                         

As of February 22, 2000, the Company had 12       
full time employees and 8 part-time employees.                    

PATENTS, TRADEMARKS AND LICENSES                                  

The original patents covering the 4300 System     
technology were issued to NCR Corporation, an                     
unaffiliated company, in the late 1980s. All patents              
originally issued expired due to failure to pay                   
maintenance fees.  Quintek applied to the United                  
States Patent Office for reinstatement of these                   
patents and has recovered three patents to date. There            
can be no assurance that efforts to recover the                   
remaining patents will be successful, or that failure             
to recover the patents will not have a material                   
adverse effect on the Company's business.  The                    
following provides a summary of the recovered patents:            

Patent Number    Expiration Date   Name/Description             

4,794,224      04/09/07          Dry Film Developer for       
                            an Aperture Card Printer

4,818,950      04/24/07        Low Jitter                   
                             Phase-Locked Loop (internal
                circuit board)

4,841,343      03/25/08        Dry Film Development         
                                      Process for an Aperture Card Printer

Quintek received Registration Number 1,930,949    
on October 31, 1995 from the United States Patent and             
Trademark Office on the mark "Quintek."  The trademark            
expires on October 31, 2001 unless renewed.                       

OFFICES                                                         

Quintek leases 3,120 square feet for executive    
offices at 537 Constitution Avenue, Suite B,                      
Camarillo, California.  Its telephone number is                   
800/482-6874 and its telecopy number is 805/482-6874.             
The lease expires April 30, 2002, with an option to               
extend for three years.  The lease rate, as of                    
September 30, 1999, was $2,531 per month.                         

Quintek leases 1,800 square feet of office and    
warehouse space at 720 North 4th  Street, Montpelier,             
Idaho, to store parts, conduct engineering operations,            
and perform small scale assembly and administrative               
tasks in support of the 4300 System. The lease rate,              
as of September 30, 1999, was $750 per month. Quintek             
has an option to purchase the property for $105,000               
before July 31, 2000.                                             

Quintek leases 1,110 square of office space at    
12500 Fair Lakes Circle, Suite 140, Fairfax, Virginia,            
for sales and marketing activities. The lease expires             
April 2002.  The lease rate, as of September 30, 1999,            
was $2,599 per month.                                             

Quintek maintains an Internet Web site at         
www.quintek.com.                                                  

LEGAL PROCEEDINGS                                                 

Quintek is not involved in any lawsuits other     
than routine litigation incidental to ongoing business.           

DESCRIPTION OF SECURITIES                                         

The authorized capitalization of the Company      
consists of 50,000,000 shares of common stock and                 
10,000,000 shares of preferred stock.  Upon                       
consummation of the Acquisition, the Company had                  
16,891,066 shares of its common stock and no shares of            
preferred stock issued and outstanding.                           

The Company has issued common stock purchase      
warrants as follows:                                              

Class A - 1,456,955 warrants with a strike price of               
$1.00 per share, expiring on January 14, 2000.                    

Class B - 1,791,736 warrants with a strike price of               
$2.00 per share, expiring on January 14, 2000.                    

Class C - 1,791,756 warrants with a strike price of               
$3.00 per share, expiring on January 14, 2001.                    

Class D - 1,791,756 warrants with a strike price of               
$4.00 per share, expiring on January 14, 2001.                    

Class E - 799,044 warrants with a strike price of                 
$1.00 per share, expiring on October 1, 2000.                     

Class F - 811,544 warrants with a strike price of                 
$2.00 per share, expiring on October 1, 2000.                     

Class G - 811,544 warrants with a strike price of                 
$3.00 per share, expiring on October 1, 2001.                     

Class H - 811,544 warrants with a strike price of                 
$4.00 per share, expiring on October 1, 2002.                     

Class I - 2,636,868 warrants with a strike price of               
$1.00 per share, expiring on July 1, 2000.                        

Class J - 1,142,500 warrants with a strike price of               
$1.00 per share, expiring on January 14, 2004.                    

Stock issued in respect of Classes A through D    
warrants are for free-trading shares.  Stock issued in            
respect of Classes E through J warrants are for                   
restricted shares.  There is no public trading market             
for the warrants.  Exercise of the warrants could                 
result in substantial dilution of existing common                 
stockholders.                                                     

The proceeds to the Company upon exercise of      
the Class A warrants through February 23, 2000 was                
$1,189,248.  The Company has extended the Class A and             
Class B warrants until March 14, 2000 at a strike                 
price of $2.00 per share.                                         

MARKET FOR THE COMPANY'S SECURITIES                               

The common stock of Quintek is traded             
over-the-counter ("OTC") on the NASD OTC Bulletin                 
Board under the symbol "QTEK."  The market for OTC                
common stock is often characterized by low volume and             
broad price and volume volatility.  Quintek cannot                
give any assurance that a stable trading market will              
develop for its stock or that an active trading market            
will be sustained.  Moreover, the trading price of                
Quintek's common stock could be subject to wide                   
fluctuations due to such factors as quarterly                     
variations in operating results, competition,                     
announcements of new products by Quintek or its                   
competitors, product enhancements by Quintek or its               
competitors, regulatory changes, differences in actual            
results from those expected by investors and analysts,            
changes in financial estimates by securities analysts,            
and other events or factors.                                      

The Company has been a non-reporting publicly     
traded company with certain of its securities exempt              
from registration under the Securities Act of 1933.               
The Nasdaq Stock Market has implemented a change in               
its rules requiring all companies trading securities              
on the NASD OTC Bulletin Board to become reporting                
companies under the Securities Exchange Act of 1934.              
Quintek acquired all the outstanding shares of Juniper            
to become successor issuer to it pursuant to Rule                 
12g-3 of the Securities and Exchange Commission in                
order to comply with the Eligibility Rule for the OTC             
Bulletin Board.                                                   

The following table represents the recent         
trading history of the Company common stock:                      

 MONTH                     HIGH              LOW              VOLUME

 February 1999             3.250             0.500            31,600
 March 1999                2.000             0.750            25,000
 April 1999                1.125             0.750            19,100
 May 1999                  1.562             0.937            79,200
 June 1999                 1.437             0.500           220,100
 July 1999                 2.406             0.968         2,125,000
 August 1999               2.250             1.500         1,121,700
 September 1999            2.125             1.187           538,700
 October 1999              2.000             1.062         2,182,300
 November 1999             1.687             1.125         1,063,700
 December 1999             1.562             1.218         1,839,700
 January 2000              1.750             1.062         2,553,200
 February 2000*            1.875             0.875         1,670,900

*Through February 22, 2000                                        

The market price of the Company's common
stock over the last 52 weeks has ranged from $0.50 to             
$2.40.  On February 23, 2000, the high was $1.343 and             
the low $1.281 with a volume of 80,400 shares.                    

TRANSFER AGENT                                                    

The Company's transfer agent is Interwest             
Transfer Company, Salt Lake City, Utah.                           

MANAGEMENT                                                        

Name                  Age                  Position               

Thomas W. Sims         49          Chairman, President,           
                                     Chief Executive Officer, Director

Thomas Salahub         59          Vice President, Sales and      
                       Marketing, Director

Kurt S. Kunz           40          Vice President, Engineering,   
            Director

Kelly Kunz             46          Vice President, Manufacturing, 
            Director

Teresa Kunz            38          Treasurer                      

Catherine Sims         49          Secretary                      

Susan Woodruff         47          Controller                     

All directors hold office until the next annual       
meeting of shareholders or until their successors are             
duly elected and qualified.  Officers serve at the                
pleasure of the board of directors.   Set forth below             
is a summary description of the business experience of            
each director and executive officer of the Company.               

THOMAS W. SIMS,  Chairman, President, Chief           
Executive Officer and Director of the Company.  Mr.               
Sims was a co-founder of the Company in 1991.  Prior              
to founding the Company, Mr. Sims was employed at                 
Bunker Ramo, Eaton, Alpharel and PMT from 1973 to                 
1991. Mr. Sims received a Bachelors of Science degree             
in Electronics Engineering and Technology from                    
Southern Colorado State University in 1973.                       

THOMAS SALAHUB, Vice President, Sales and         
Marketing and Director of the Company.  Mr. Salahub               
joined the Company as Vice President, Sales and                   
Marketing  in May, 1998.   From July, 1991 through                
May, 1998, Mr. Salahub was Vice President of                      
CBIS/DynCorp.  From 1965 to 1991, Mr. Salahub was                 
employed in technical, sales and executive management             
positions.   Mr. Salahub attended Long Beach College,             
Pierce College and Los Angeles Valley College between             
1963 and 1966.                                                    

KURT KUNZ, Vice President, Engineering and        
Director of the Company.  Mr. Kunz was a co-founder of            
the Company and served as Vice President, Engineering             
and Director since inception in 1991. Prior to QEI,               
Mr. Kunz was employed as a software and mechanical                
engineer at QED Systems, Alpharel, and PMT. Mr. Kunz              
received a Bachelors of Science degree in Mechanical              
Engineering from the University of Utah in 1986. Mr.              
Kunz is the brother of Kelly Kunz and the husband of              
Teresa Kunz.                                                      

KELLY KUNZ, Vice President, Manufacturing and     
Director of the Company.  Mr. Kunz joined the Company             
as Vice President, Manufacturing in June, 1997. From              
1988 to 1997, Mr. Kunz taught mathematics,                        
electronics, physics and computer science in the Bear             
Lake School District in California.  Prior thereto,               
Mr. Kunz was an electrician and technician at BYU                 
Motion Picture Studios, AC Electronics, Lane TV, and              
NE Wolf.  Mr. Kunz received a Bachelor of Science                 
Degree in Electrical Engineering from Idaho State                 
University in 1989.  Mr. Kunz is the brother of Kurt              
Kunz and brother-in-law of Teresa Kunz.                           

CATHERINE SIMS,  Secretary of the Company.        
Ms. Sims was Secretary of the Company from 1991 until             
1997. Ms. Sims is a licensed registered nurse and                 
received an Associate's Degree in Nursing in 1985 from            
Ventura College.  Since 1995, Ms. Sims has been                   
employed by St. John's Medical Center in Oxnard,                  
California.  Ms. Sims is the wife of Thomas W. Sims.              

TERESA KUNZ, Treasurer of the Company. Ms.        
Kunz served as Treasurer of the Company since its                 
inception in 1991. Ms. Kunz received an Associate of              
Arts degree in accounting from Ricks College in 1981.             
Ms. Kunz is the wife of Kurt Kunz and sister-in-law of            
Kelly Kunz.                                                       

SUSAN WOODRUFF, Controller of the Company.        
Ms. Woodruff served as Controller of the Company since            
October, 1998. Ms. Woodruff held positions of Senior              
Accountant, Controller, and Firm Administrator for                
Zivetz, Schwartz & Saltsman from May, 1997 to October,            
1998, and was Controller/Firm Administrator for Deems             
and Carpenter from October 1997 to April 1997.  Prior             
thereto, she held accounting and administrative                   
positions with Jack Rouse & Son and MENU Corporation.             
Ms. Woodruff attended Colorado State University and               
Emporia State University and is a California Certified            
Income Tax Preparer.  Ms. Woodruff was a director of              
the Los Angeles Business Counsel from 1995 to 1996 and            
also served as  Chairwoman of the Business and Finance            
Committee from 1995 to 1997.  Ms. Woodruff also served            
as President of the California CPA Society Firm                   
Administrators Association for 1990.                              

The Company has no audit, compensation or         
executive committees. There is  a key man life                    
insurance policy on Thomas W. Sims, in the amount of              
one million dollars, payable to the Company as                    
beneficiary.  No other policies of this nature are in             
effect at this time with respect to any other                     
directors, officers or control persons.                           

RELATED TRANSACTIONS                                              

Pacific Diagnostics Technologies, Inc. ("PDX")    
was a designer and developer of the Stat-K Analyzer, a            
device used to measure the potassium level in blood.              
On December 15, 1997 PDX ceased operations and filed              
for protection under Chapter 11 of  the United States             
Bankruptcy Code.  A Plan of Reorganization was                    
confirmed by the Bankruptcy Court on January 14, 1999             
(the "Plan").   Under the Plan, all assets of QEI were            
sold to PDX, all PDX management resigned, QEI's                   
management and business became the management and                 
business of PDX, and the name of the combined company             
was changed to Quintek Technologies, Inc.  Quintek                
does not intend to restart production and distribution            
of the Stat-K product line.  However, management is               
seeking a company in the medical industry to license              
or purchase the Stat-K assets and technology.                     

Quintek has made unsecured loans to certain       
officers and directors. These loans are due on June               
30, 2019, and bear interest at 4% per annum.  The                 
terms of the loans call for each officer to pay $100              
per month, plus yearly interest payments, until the               
loan matures. The loan balance must be paid on or                 
before June 30, 2019.  As of September 30, 1999, a                
total of $282,275 in principal and interest was                   
outstanding.                                                      

EXECUTIVE COMPENSATION                                            

No officer or employee of the Company earned      
in excess of $100,000 in the year ended           
December 31, 1999.                                

SUMMARY OF UNAUDITED FINANCIAL INFORMATION                        

Quintek incurred net losses for the years         
ended June 30, 1999 and 1998 of ($2,097,345) and                  
($1,138,923)  on sales of $638,526 and $328,494,                  
respectively and during the nine months ended                     
September 30, 1999, the Company incurred a net loss of            
($391,655) on sales of $120,084.  As of September 30,             
1999, the Company had current assets of $518,070 and              
current liabilities of $1,258,442.  If  losses                    
continue, the Company may need to raise additional                
capital through the placement of its securities or                
from debt or equity financing.  If the Company is not             
able to raise such financing or obtain alternative                
sources of funding, management may be required to                 
curtail operations.  The figures given in this                    
paragraph have not been audited.  The Company is                  
required to file audited financial statements within              
75 days following the Acquisition, and reference                  
should be made to those financial statements when filed.          

RISK FACTORS                                                      

HISTORY OF LOSSES.  The Company has               
experienced substantial losses and there can be no                
assurance that future operations will be profitable.              
Revenues and profits, if any, will depend upon various            
factors, including market acceptance of its concepts,             
market awareness, its ability to expand its customer              
base, dependability of its advertising and recruiting             
network, and general economic conditions. There is no             
assurance that the Company will achieve its goals and             
the failure to achieve such goals would have an                   
adverse impact on it.                                             

QUINTEK MAY NEED ADDITIONAL FINANCING. Future     
events, including the problems, delays, expenses and              
difficulties frequently encountered by companies, may             
lead to cost increases that could make the Company's              
funds insufficient to support the Company's                       
operations. The Company may seek additional capital,              
including an offering of its equity securities, an                
offering of debt securities or obtaining financing                
through a bank or other entity. The Company has not               
established a limit as to the amount of debt it may               
incur nor has it adopted a ratio of its equity to a               
debt allowance. If the Company needs to obtain                    
additional financing, there is no assurance that                  
financing will be available from any source, that it              
will be available on terms acceptable to the Company,             
or that any future offering of securities will be                 
successful. The Company could suffer adverse                      
consequences if it is unable to obtain additional                 
capital when needed.                                              

LOSS OF THE COMPANY KEY EMPLOYEES MAY             
ADVERSELY AFFECT GROWTH OBJECTIVES. The Company's                 
success in achieving its growth objectives depends                
upon the efforts of Thomas W. Sims, President of the              
Company, and other Company management members. The                
loss of the services of any of these individuals may              
have a material adverse effect on the Company                     
business, financial condition and results of                      
operations. There is no assurance that the Company                
will be able to maintain and achieve its growth                   
objectives should it lose any or all of these                     
individuals' services.                                            

FAILURE TO ATTRACT OR RETAIN QUALIFIED            
PERSONNEL. A change in labor market conditions that               
either further reduces the availability of employees              
or increases significantly the cost of labor could                
have a material adverse effect on the Company's                   
business, financial condition and results of                      
operations.  The Company's business is dependent upon             
its ability to attract and retain highly sophisticated            
research and development personnel, sales personnel,              
business administrators and corporate management.                 
There is no assurance that it will be able to employ a            
sufficient number of such personnel in order to                   
accomplish its growth objectives.                                 

THE COMPANY'S PRODUCTS ARE MANUFACTURED BY        
OUTSIDE VENDORS.  The Company's manufacturing                     
operations are conducted by companies not affiliated              
with the Company.  The Company has no direct control              
over the quality of work, suppliers, labor relations,             
or financial condition of these companies.  In                    
addition, two manufacturers are each located in                   
Sweden, and the Company may encounter problems arising            
from international currency exchange, laws,                       
regulations, treaties or internal conditions in Sweden.           

THE COMPANY IS DEPENDENT ON ITS SUPPLIERS.        
The Company is dependant on a steady supply of                    
hardware components, aperture card stock and dry                  
silver film.  There are only a limited number of                  
suppliers of these products, and there can be no                  
assurance that suppliers will timely meet the                     
Company's requirements.  Furthermore, there can be no             
assurance that the Company's suppliers will remain in             
the business of manufacturing these products, or                  
maintain their relationship with the Company.                     

THE COMPANY'S TECHNOLOGY MAY BECOME OBSOLETE.     
The Company is in the business of supplying long-term             
storage solutions based on aperture cards.  New                   
technology could be developed and supplant aperture               
cards, or a more preferable method of producing                   
aperture cards could be developed, which could lead to            
an erosion in the Company's market for its products.              

ADVERSE ECONOMIC CONDITIONS OR A CHANGE IN        
GENERAL MARKET PATTERNS. A weak economic environment              
could adversely affect the Company sales efforts. Many            
factors beyond the Company's control may decrease                 
overall demand for the Company's products including,              
among other things, decrease in the entry costs by                
other similarly situated companies, increase in the               
overall unemployment rate, additional government                  
regulation or a downturn in engineering projects by               
civilian, governmental or military entities. There can            
be no assurance that the general market                           
demand for long-term storage and related fields will              
remain the same or will not decrease in the future.               

ISSUANCE OF FUTURE SHARES MAY DILUTE INVESTORS    
SHARE VALUE.  The Company is authorized to issue                  
50,000,000 shares of common stock and 10,000,000                  
shares of preferred stock.  The future issuance of all            
or part of the remaining authorized common stock may              
result in substantial dilution in the percentage of               
the Company's common stock held by the its then                   
existing shareholders.  Moreover, any common or                   
preferred stock issued in the future may be valued on             
an arbitrary basis by the Company.  The issuance of               
the Company's shares for future services or                       
acquisitions or other corporate actions may have the              
effect of diluting the value of the shares held by                
investors, and might have an adverse effect on a                  
trading market for the Company's common stock.                    

SHARES AVAILABLE FOR FUTURE SALE.  The market     
price of the Company's common stock could drop if                 
substantial amounts of shares are sold in the public              
market or if the market perceives that such sales                 
could occur. A drop in the market price could                     
adversely affect holders of  the stock and could also             
harm the Company's ability to raise additional capital            
by selling equity securities. The Company has                     
outstanding options and warrants, including                       
convertible warrants exercisable at a price below that            
of the recent market price.  The exercise of these                
warrants and options at a price less than the market              
price could dilute the value of outstanding shares and            
depress the market price.  The perception that these              
instruments may be exercised for or converted into                
common stock that could be sold into the public market            
could adversely affect the market price of the                    
Company's common stock.  In addition, shares issued by            
the Company in private transactions over the past two             
years will become eligible for sale into the public               
market under SEC Rule 144.                                        

PENNY STOCK REGULATION.  Penny stocks             
generally are equity securities with a price of less              
than $5.00 per share other than securities registered             
on certain national securities exchanges or quoted on             
the Nasdaq Stock Market, provided that current price              
and volume information with respect to transactions in            
such securities is provided by the exchange or system.            
The Company's securities may be subject to "penny                 
stock rules" that impose additional sales practice                
requirements on broker-dealers who sell such                      
securities to persons other than established customers            
and accredited investors (generally those with assets             
in excess of $1,000,000 or annual income exceeding                
$200,000 or $300,000 together with their spouse). For             
transactions covered by these rules, the broker-dealer            
must make a special suitability determination for the             
purchase of such securities and have received the                 
purchaser's written consent to the transaction prior              
to the purchase.  Additionally, for any transaction               
involving a penny stock, unless exempt, the "penny                
stock rules" require the delivery, prior to the                   
transaction, of a disclosure schedule prescribed by               
the Commission relating to the penny stock market.                
The broker-dealer also must disclose the commissions              
payable to both the broker-dealer and the registered              
representative and current quotations for the                     
securities. Finally, monthly statements must be sent              
disclosing recent price information on the limited                
market in penny stocks.  Consequently, the "penny                 
stock rules" may restrict the ability of                          
broker-dealers to sell the Company's securities. The              
foregoing required penny stock restrictions will not              
apply to the Company's securities if such securities              
maintain a market price of $5.00 or greater. There can            
be no assurance that the price of the Company's                   
securities will reach or maintain such a level.                   

THIRD-PARTY MARKET PRICE MANIPULATIONS. The       
shares of the Company's common stock are traded on the            
NASD OTC Bulletin Board. Share price quotations for               
the Company's stock may reflect inter-dealer prices,              
without  retail mark-up, without retail mark-up,                  
mark-down or commissions, and may not represent actual            
transactions. In addition, from time to time, persons             
not affiliated with the Company may seek to manipulate            
the market price of the Company's common stock in a               
manner unknown to the Company, which may cause a                  
drastic change in the price of the Company's common               
stock unrelated to any activity by the Company. Any               
rapid change in the Company's stock price should be               
viewed with caution.                                              

THE COMPANY HAS NOT BEEN AUDITED BY               
INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS. Although the            
Company is required to file audited financial                     
statements no later than 60 days from the date that               
this Current Report is required to be filed, no such              
audited financial statements have been prepared or are            
available for inspection as of the date hereof.                   
Consequently, there can be no assurance that any                  
representations as to the financial condition or                  
assets of the Company are as stated herein.                       

QUINTEK MAY NOT BE ABLE TO PROTECT ITS            
PATENTS, TRADE OR SERVICE MARKS.  The Company cannot              
be certain that it will be able to prevent the                    
misappropriation of its patents, trade or service                 
marks.  The Company has applied to the United States              
Patent Office for reinstatement of four patents which             
have expired.  There can be no assurance that these               
patents will be reinstated, or that failure to hold               
these patents will not have a material adverse effect             
on the Company's business.                                        

ITEM 3.     BANKRUPTCY OR RECEIVERSHIP                            

Not applicable.                                   

ITEM 4.    CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT          

Not applicable.                                   

ITEM 5.     OTHER EVENTS                                          

Successor Issuer Election.                        

Pursuant to Rule 12g-3(a) of the General Rules    
and Regulations of the Securities and Exchange                    
Commission, the Company elected to become the                     
successor issuer to Juniper for reporting purposes                
under the Securities Exchange Act of 1934 and elects              
to report under the Act effective February 24, 2000.              

ITEM 6.     RESIGNATIONS OF DIRECTORS AND EXECUTIVE               
OFFICERS                                                          

The sole officer and director of Juniper          
resigned effective upon completion of the Acquisition.            

ITEM 7.     FINANCIAL STATEMENTS                                  

No financial statements are filed herewith.       
The Registrant is required to file audited financial              
statements no later than 60 days after the date that              
this Current Report must be filed.                                

ITEM 8.     CHANGE IN FISCAL YEAR                                 

Not applicable.                                   

EXHIBITS                                                          

2.1.    Agreement and Plan of Reorganization between              
Quintek Technologies, Inc. and Juniper            
Acquisition Corporation.                          

*27.1.  Financial Data schedule.                                  
_______                                                           
*To be filed by amendment                                         

                                SIGNATURES

Pursuant to the requirements of the Securities    
Exchange Act of 1934, the Registrant has duly caused              
this Current Report on Form 8-K to be signed on its               
behalf by the undersigned hereunto duly authorized.               

                        QUINTEK TECHNOLOGIES, INC.

                             /s/ Thomas W. Sims, President

Date: February 24, 2000                           

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K12G3’ Filing		Date		Other Filings
		6/30/19
		1/14/04		8-K
		10/1/02
		4/30/02
		10/31/01
		10/1/01
		1/14/01
		10/1/00
		7/31/00		8-K
		7/1/00
		3/14/00
Filed on:		2/25/00		8-K,  8-K/A
For Period End:		2/24/00		8-K/A
		2/23/00
		2/22/00
		2/18/00
		1/14/00
		12/31/99		10KSB,  10KSB/A
		9/30/99
		6/30/99
		1/14/99
		6/30/98
		12/15/97
		10/31/95
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