SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
June 15, 2004
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Date of Report (date of earliest event reported)
JOYSTAR, INC.
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Exact name of Registrant as Specified in its Charter
California 000-25973 68-0406331
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State or Other Jurisdiction Commission File IRS Employer Identification
of Incorporation Number Number
5 Whatney, Irvine, California 92618
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Address of Principal Executive Offices, Including Zip Code
949/837-8101
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Registrant's Telephone Number, Including Area Code
9309 Narnia Drive, Riverside, California 92503
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Former Name or Former Address, if Changed Since Last Report
ITEM 5. OTHER EVENTS.
Joystar, Inc., a California corporation (the "Registrant") cancelled as
of June 15, 2004, the previously announced Letter of Intent for $6 million
institutional equity swap financing with a London based investment company. The
Registrant decided not to move forward with the financing due to the recent
decrease in the Registrant's common stock which would result in higher than
anticipated dilution to the Registrant's shareholders under the terms of the
financing.
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.
JOYSTAR, INC.
Dated: July 9, 2004 By: /s/ William M. Alverson
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William M. Alverson,
President, Chief Financial Officer
And Secretary