Item 1.01 Entry into a Material Definitive Agreement.
On June 16, 2008, Brightec, Inc., a Nevada corporation (hereinafter, the
"Company") entered into that certain Amendment and Allonge (the "Amendment") to
the Convertible Line of Credit Note (the "Note") with Ross/Fialkow Capital
Partners, LLP, Trustee of Brightec Capital Trust ("Ross/Fialkow"), originally
dated as of June 8, 2006, whereby Ross/Fialkow agreed to extend the Maturity
Date of the Note from June 30, 2008 to December 31, 2008 in exchange for the
payment by the Company to Ross/Fialkow of a renewal fee equal to Two Thousand
Five Hundred Thousand Dollars ($2,500). A copy of the Amendment is attached
hereto as Exhibit 10.31.
Item 9.01 Financial Statements and Exhibits.
(a) Not applicable
(b) Not applicable
(c) Not applicable
(d) Exhibits.
Exhibit Description Location
------- ----------- --------
Exhibit 10.31 June 16, 2008 Amendment and Allonge to Provided
the Convertible Line of Credit Note herewith
dated as of June 8, 2006 From
Brightec, Inc., f/k/a Advanced
Lumitech, Inc. to Ross/Fialkow Capital
Partners, LLP, Trustee of Brightec
Capital Trust
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Company has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date: June 20, 2008 BRIGHTEC, INC.
By: /s/ PATRICK PLANCHE
-------------------------------------
Name: Patrick Planche
Title: President and Chief Executive
Officer
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