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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Date of report (Date of earliest event reported) April 30, 2008
ELECTRONIC SENSOR TECHNOLOGY, INC.
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(Exact Name of the Registrant as Specified in Charter)
Nevada 000-51859 98-0372780
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(State or Other (Commission (IRS Employer
Jurisdiction of File Number) Identification No.)
Incorporation)
1077 Business Center Circle, Newbury Park, California 91320
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(Address of Principal Executive Offices)
Registrant's telephone number, including area code (805) 480-1994
Not Applicable.
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(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 5.02 Departure of Directors; Election of Directors.
Election and Resignation of Directors
On April 30, 2008, the board of directors of Electronic Sensor Technology, Inc.
(the "Registrant") elected William Wittmeyer and Maggie Tham as directors of the
Registrant, effective as of May 1, 2008 (the "Effective Date") to fill the two
vacancies created by the resignations of Francis Chang and James Frey. The board
of directors of the Registrant accepted the resignations of Francis Chang and
James Frey on April 30, 2008, effective as of the Effective Date. Ms. Tham was
also designated as a member of the Registrant's Audit Committee, effective as of
the Effective Date.
William Wittmeyer and Maggie Tham were recommended to the board of directors by
Halfmoon Bay Capital Ltd, pursuant to the Securities Purchase Agreement dated
March 28, 2008 between the Registrant and Halfmoon Bay Capital Ltd, which is
further described in the Current Report on Form 8-K filed by the Registrant on
April 3, 2008.
Neither William Wittmeyer nor Maggie Tham has been a party to or had a direct or
indirect material interest in any transaction, proposed transaction or series of
transactions in which the Registrant was, is to be or was to have been a party
since the beginning of the Registrant's last fiscal year involving an amount in
excess of $120,000 or one percent of the average of the Registrant's total
assets at year-end for the last three completed fiscal years.
On April 30, 2008, the board of directors of the Registrant appointed Teong C.
Lim as Chairman of the board of directors of the Registrant, effective as of the
Effective Date.
A copy of the press release issued on May 5, 2008 announcing the resignation of
Mr. Frey and Mr. Chang and the appointment of Mr. Wittmeyer and Ms. Tham as
directors of the Registrant is attached hereto as Exhibit 99.1.
Item 9.01 Exhibits.
Exhibit No. Description
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99.1 Press Release dated May 5, 2008.
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.
ELECTRONIC SENSOR TECHNOLOGY, INC.
Date: May 5, 2008 By: /s/ Philip Yee
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Name: Philip Yee
Title: Secretary, Treasurer and
Chief Financial Officer