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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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): March 6, 2006
SCANNER TECHNOLOGIES CORPORATION
(Exact Name of Registrant as Specified in its Charter)
New Mexico
(State or Other Jurisdiction of Incorporation)
000-08149 85-0169650
(Commission File Number) (IRS Employer
Identification No.)
14505 21st Avenue North, Suite 220
Minneapolis, Minnesota 55447
(Address of Principal Executive Offices) (Zip Code)
(763) 476-8271
(Registrant's Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report
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:
[_] 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 1.01 Entry into a Material Definitive Agreement.
On March 6, 2006, the Compensation Committee of the Board of Directors of
Scanner Technologies Corporation approved an increase of the annual base salary
for David P. Mork, Senior Vice President of the Company, from $156,000 to
$180,000. No change was made to the annual base salary for Elwin M. Beaty, the
Company's President, Chief Executive Officer and Chief Financial Officer. The
2006 base salaries for the Companies executive officers are set forth on Exhibit
10.1 filed herewith and incorporated herein.
Item 9.01 Financial Statements and Exhibits.
(a) Financial statements: None.
(b) Pro forma financial information: None.
(c) Shell company transactions: None.
(c) Exhibits:
10.1 2006 Executive Officer Compensation
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 hereunto duly authorized.
Dated: March 9, 2006
SCANNER TECHNOLOGIES CORPORATION
By /s/ Elwin M. Beaty
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Elwin M. Beaty
President, Chief Executive Officer and
Chief Financial Officer
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
EXHIBIT INDEX TO FORM 8-K
Date of Report: Commission File No.:
March 6, 2006 000-08149
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SCANNER COMMUNICATIONS, INC.
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EXHIBIT NO. ITEM
10.1 2006 Executive Officer Compensation