content: FORM 8-K
  
  
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, DC   20549
  
  
  
                                 CURRENT REPORT
  
                       Pursuant to Section 13 or 15(d) of
                      The Securities Exchange Act of 1934
  
  
  DATE OF REPORT (Date of earliest event reported):  February 11, 1997
  
  
                                  EFTEK CORP.
             (Exact name of registrant as specified in its charter)
  
  
               
         Nevada                    33-26789-NY             93-0996501
  (State or other juris-           (Commission             (IRS Employer
  diction of incorporation)        File Number)          Identification No.)
  
                               
                        Bloomfield Business Park
                          408 Bloomfield Drive
                              Units 1 & 2
                        Berlin, New Jersey 08009
                (Address of Principal Executive Offices)
             Registrant's telephone number:  (609) 767-2300
  
  
  <PAGE>
                                FORM 8-K
  
  ITEM 9.   SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S
  
            The following information is furnished in accordance with Item 701 of
  Regulation S-B as to all equity securities of the Registrant sold by the
  Registrant that were not registered under the Securities Act of 1933 ("Act") in
  reliance upon Regulation S under the Act.
  
            A.   Title and Amount of Securities Sold and Date of the Transactions.
  
                 (i)  96,300  shares of $.001 par value common stock sold at $.375
  per share with nets funds received by the Registrant on February 11, 1997.
  
                 (ii) 198,470 shares of $.001 par value common stock sold at $.375
  per share with net funds received by the Registrant on February 13, 1997.
       
                 (iii)     176,650 shares of $.001 par value common stock sold at
  $.375 per share with net funds received by the Registrant on February 18, 1997.
  
                 (iv) 180,600 shares of $.001 par value common stock sold at $.375
  per share with net funds received by the Registrant on February 24, 1997.
  
            B.   Name of Placement Agent - Berkshire International Finance, Inc.
  
            C.   Consideration Received
  
                 (i)  Total consideration paid was $36,112.50  ($.375 per share)
  with Registrant receiving net funds of $35,860.48.
  
                 (ii) Total consideration paid was $74,397.00  ($.375 per share)
  with Registrant receiving net funds of $73,900.00.
  
                 (iii) Total consideration paid was $66,242.76 ($.375 per share)
  with Registrant receiving net funds of $15,492.00.    
  
                 (iv) Total consideration paid was $67,725.00 ($.375 per share) 
  with Registrant receiving net funds of $67,030.08.
  
            D.   Persons or Classes of Persons to Whom the Securities Were Sold
  and Exemption from Registration Claimed - Non-U.S. persons eligible for utiliza-
  tion of Regulation S under the Act as not being a "U.S. person" as defined in 
  Rule 902(o), which person(s) has warranted and represented in an Offshore
  Securities Subscription Agreement that he or it is eligible to utilize such 
  exemptions as afforded to non-U.S. persons in accordance with aforesaid
  Regulation S under the Act.
  
  <PAGE>
                                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 under-
  signed hereunto duly authorized.
  
  
  
                                EFTEK CORP.
  
  
  
                                BY: /s/FRANK WHITMORE
                                    ---------------------------
                                    FRANK WHITMORE, President
  
  
  
  
  EFTEK\2-97.8-K
metadata_documents: [{"type": "8-K", "sequence": "1", "description": "FORM 8-K FOR PRIVATE PLACEMENTS", "secsgml_size_bytes": 3738}]
metadata_filer: {"company-data": {"conformed-name": "EFTEK CORP", "cik": "0000846476", "assigned-sic": "6770", "irs-number": "930996501", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "033-26789", "film-number": "97544892"}, "business-address": {"street1": "BLOOMFIELD BUSINESS PARK", "street2": "408 BLOOMFIELD DR UNITS 1&2", "city": "BERLIN", "state": "NJ", "zip": "08009", "phone": "6097672300"}, "former-company": [{"former-conformed-name": "EXOTIC BODIES INC", "date-changed": "19920703"}, {"former-conformed-name": "SAVOY CAPITAL GROUP LTD", "date-changed": "19900227"}]}
text: FORM 8-K
  
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, DC   20549
  
                                 CURRENT REPORT
  
                       Pursuant to Section 13 or 15(d) of
                      The Securities Exchange Act of 1934
  
  DATE OF REPORT (Date of earliest event reported):  February 11, 1997
  
                                  EFTEK CORP.
             (Exact name of registrant as specified in its charter)
  
               
         Nevada                    33-26789-NY             93-0996501
  (State or other juris-           (Commission             (IRS Employer
  diction of incorporation)        File Number)          Identification No.)
  
                               
                        Bloomfield Business Park
                          408 Bloomfield Drive
                              Units 1 & 2
                        Berlin, New Jersey 08009
                (Address of Principal Executive Offices)
             Registrant's telephone number:  (609) 767-2300
  FORM 8-K
  
  ITEM 9.   SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S
  
            The following information is furnished in accordance with Item 701 of
  Regulation S-B as to all equity securities of the Registrant sold by the
  Registrant that were not registered under the Securities Act of 1933 ("Act") in
  reliance upon Regulation S under the Act.
  
            A.   Title and Amount of Securities Sold and Date of the Transactions.
  
                 (i)  96,300  shares of $.001 par value common stock sold at $.375
  per share with nets funds received by the Registrant on February 11, 1997.
  
                 (ii) 198,470 shares of $.001 par value common stock sold at $.375
  per share with net funds received by the Registrant on February 13, 1997.
       
                 (iii)     176,650 shares of $.001 par value common stock sold at
  $.375 per share with net funds received by the Registrant on February 18, 1997.
  
                 (iv) 180,600 shares of $.001 par value common stock sold at $.375
  per share with net funds received by the Registrant on February 24, 1997.
  
            B.   Name of Placement Agent - Berkshire International Finance, Inc.
  
            C.   Consideration Received
  
                 (i)  Total consideration paid was $36,112.50  ($.375 per share)
  with Registrant receiving net funds of $35,860.48.
  
                 (ii) Total consideration paid was $74,397.00  ($.375 per share)
  with Registrant receiving net funds of $73,900.00.
  
                 (iii) Total consideration paid was $66,242.76 ($.375 per share)
  with Registrant receiving net funds of $15,492.00.    
  
                 (iv) Total consideration paid was $67,725.00 ($.375 per share) 
  with Registrant receiving net funds of $67,030.08.
  
            D.   Persons or Classes of Persons to Whom the Securities Were Sold
  and Exemption from Registration Claimed - Non-U.S. persons eligible for utiliza-
  tion of Regulation S under the Act as not being a "U.S. person" as defined in 
  Rule 902(o), which person(s) has warranted and represented in an Offshore
  Securities Subscription Agreement that he or it is eligible to utilize such 
  exemptions as afforded to non-U.S. persons in accordance with aforesaid
  Regulation S under the Act.
  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 under-
  signed hereunto duly authorized.
  
                                EFTEK CORP.
  
                                BY: /s/FRANK WHITMORE
                                    ---------------------------
                                    FRANK WHITMORE, President
  
  EFTEK\2-97.8-K