NOVINT TECHNOLOGIES INC (Form: 8-K, Received: 03/01/2007 16:27:14)

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 1, 2007 (February 14, 2007)

NOVINT TECHNOLOGIES, INC.

(Exact name of Registrant as specified in charter)


Delaware	000-51783	85-0461778
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)

4109 Bryan Avenue, NW
Albuquerque, New Mexico 87114
(Address of principal executive offices)

Registrant’s telephone number, including area code: (866) 298-4420

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 (see General Instruction A.2 below).


o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR240.14a-12)

o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).

o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13(e)-4(c))

Cautionary Note Regarding Forward Looking Statements

This Form 8-K and other reports filed by Registrant from time to time with the Securities and Exchange Commission (collectively the “Filings”) contain or may contain forward looking statements and information that are based upon beliefs of, and information currently available to, Registrant’s management as well as estimates and assumptions made by Registrant’s management. When used in the filings the words “anticipate”, “believe”, “estimate”, “expect”, “future”, “intend”, “plan” or the negative of these terms and similar expressions as they relate to Registrant or Registrant’s management identify forward looking statements. Such statements reflect the current view of Registrant with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to Registrant’s industry, Registrant’s operations and results of operations and any businesses that may be acquired by Registrant. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.

Although Registrant believes that the expectations reflected in the forward looking statements are reasonable, Registrant cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, Registrant does not intend to update any of the forward-looking statements to conform these statements to actual results.


Item 3.03		MATERIAL MODIFICATIONS TO RIGHTS OF SECURITY HOLDERS

Reference is made to the disclosures set forth under Item 5.03 below of this Current Report and Exhibit 3.5 hereto regarding the amendment of the Bylaws of Novint Technologies, Inc. (the “Registrant” or “Novint”) approved by Novint’s Board of Directors, which disclosure is incorporated under this Item 3.03 by reference.


Item 5.03		AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS

On February 14, 2007, Novint’s Board of Directors, by unanimous written consent, approved an amendment to Article IV of Novint’s Bylaws, effective on February 14, 2007. The effect of the amendment is to allow shareholders to approve corporate actions without a meeting, as permitted under Delaware General Corporation Law Section 228, by written consent if a majority of the shareholders entitled to vote with respect to the corporate action sign the written consent approving such actions. Previously, the Bylaws provided that all of the shareholders entitled to vote were required to sign the written consent for corporate action to be approved without a meeting.


Item 9.01		FINANCIAL STATEMENT AND EXHIBITS.

(d)

INDEX TO EXHIBITS.


Exhibit
Number		Description
3.5		Amended Bylaws of Novint Technologies, Inc.

[SIGNATURES PAGE FOLLOWS.]

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.


Date: March 1, 2007	NOVINT TECHNOLOGIES, INC.
	By:	/s/ Tom Anderson
		Tom Anderson
		Chief Executive Officer

Exhibit 3.5

AMENDED AND RESTATED BYLAWS
OF
NOVINT TECHNOLOGIES, INC.

I. SHAREHOLDERS

A. Meetings: The Annual Meeting of Shareholders will be held on the second Monday of April at the time and place fixed by the Board. Special Meetings of Shareholders may be called by the President, the Board, or the holders of one-tenth of the shares entitled to vote at the meeting, and will be held at the time and place fixed by the person calling the Special Meeting, to each Shareholder or record entitled to vote at the meeting. If the place of the meeting is not fixed, the meeting will be held at the registered office of the Corporation.

B. Notice: Written Notice stating the time, place, and, if a Special Meeting, the purpose, will be delivered not less than ten nor more than fifty days before the meeting date either personally, by telecopy transmission, or by mail at the direction of the President, the Secretary, or the persons calling the meeting. If mailed, a Notice is deemed delivered when deposited postage prepaid in the United States mail addressed to the Shareholder at the address shown on the Corporation transfer books.

C. Quorum — Voting: A majority of the shares entitled to vote represented in person or by proxy will constitute a quorum at a meeting of Shareholders. A quorum once attained continues until adjournment despite voluntary withdrawal of enough shares to leave less than a quorum. If a quorum is present, the affirmative vote of the majority of the shares represented at the meeting and entitled to vote on the subject matter will be the act of the Shareholders unless the vote of a greater number or class voting is required by the Business Corporation Act.

II. DIRECTORS

A. Number, Tenure, Qualification, Election: The Board will consist of one or more Directors who will be elected annually by the Shareholders at their Annual Meeting to serve until their successors have been elected and qualified. A Director need not be a Shareholder or a New Mexico resident. A Director may be removed at any time with or without cause by the Shareholders, or may resign. Vacancies may be filled by a majority of the remaining Directors though less than a quorum. Newly created directorships may be filled by the Directors for a term of office continuing only until the next election of Directors by the Shareholders.

B. Meetings: An Annual Meeting of the Board will be held without notice immediately following the Shareholders’ Annual Meeting. Special Meetings of the Board may be called by any Director or Officer, and will be held at the time and place fixed by the person calling the Special Meeting. Written Notice stating the time, place and purpose of the Special Meeting will be delivered either personally, by mail, or by telecopy transmission at the direction of the person calling the meeting, to each Director at least 24 hours before the Special Meeting

time. If mailed, a Notice is deemed delivered when deposited, postage or charges prepaid, in the United States mail.

C. Quorum — Action: A majority of the number of Directors then in office will constitute a quorum at Board Meetings. A quorum once attained continues until adjournment despite voluntary withdrawal of enough Directors to leave less than a quorum. The act of a majority of Directors present at a meeting at which a quorum is present will be the act of the Board. The Directors will manage the business and affairs of the Corporation, and may act only as a Board with each Director having one vote. The Board of Directors, by resolution adopted by the majority of the full Board, may designate from among its members one or more committees each of which will have and may exercise all the authority of the Board to the extent provided by law.

III. OFFICERS

A. Number, Tenure, Qualification and Election: The officers of the Corporation will be a President, Vice President, Secretary and Treasurer, and such other officers as the Board may decide, who will be elected annually by the Board at its Annual Meeting to serve until their successors are elected and qualified. Officers need not be Shareholders, Directors, or New Mexico residents. An officer may be removed with or without cause by the Board, or may resign. Vacancies and newly created offices will be filled by the Board. One person may hold more than one office, but no person may be both President and Secretary. Officers will perform the duties, and will have the power and authority, assigned by the Board, incident to the office, and provided in these Bylaws.

B. President and Vice President: The President, or the Vice President during the absence, disability, or failure to act of the President, will be the chief executive officer of the Corporation, will preside at all Corporation meetings, and when authorized will execute and deliver documents in the name of the Corporation.

C. Secretary and Assistants: The Secretary, or any Assistant Secretary during the absence, disability, or failure to act of the Secretary, will keep and have custody of, the record of Shareholders, the stock transfer books, and the minutes of the proceedings of the Shareholders and Directors; will give all Notices required; and when authorized, will execute, attest, seal and deliver documents of the Corporation.

D. Treasurer and Assistants: The Treasurer, or any Assistant Treasurer during the absence, disability, or failure to act of the Treasurer, will be custodian of the property of, and will be responsible for keeping, correct and complete books and records of account for, the Corporation.

IV. ACTION WITHOUT A MEETING

Any action required or permitted to be taken at a meeting of Shareholders or Directors may be taken without a meeting if a consent in writing setting forth the action so taken is signed

by all of the Shareholders entitled to vote with respect to the subject matter thereof, or by all the Directors, as the case may be.

V. WAIVER OF NOTICE

Whenever any notice is required to be given to any Shareholder or Director, a waiver thereof in writing signed by the person entitled to the notice is equivalent to the giving of the notice. The attendance of a Shareholder, in person or by proxy, or of a Director, at a meeting constitutes a waiver of notice of the meeting except when attendance is for the sole purpose of objecting because the meeting is not lawfully called or convened.

VI. SEAL

The Board may adopt a corporate seal which the Corporation may use by impressing or affixing it or a facsimile thereof, but the failure to have or affix a corporate seal does not affect the validity of any instrument or any action taken in reliance thereon or in pursuance thereof.

VII. SHARE CERTIFICATES AND TRANSFER

The board will adopt a form of certificate to represent the shares of the Corporation. Each Shareholder is entitled to a certificate, signed by the President or Vice President, and the Secretary or an Assistant Secretary, and representing the number of full and fractional fully-paid shares owned by the Shareholder. Share transfer and issuance will be done by the Secretary, or the designee thereof, in the manner provided by the Business Corporation Act and Uniform Commercial Code of New Mexico. The name and address of the Shareholder to whom the certificate is issued, the number and class of shares represented, and the date of original issue or the date of transfer and from whom such shares are transferred will be entered on the record of Shareholders of the Corporation. The person or entity in whose name shares stand on the record of Shareholders of the Corporation will be the Shareholder and will be deemed by the Corporation to be the owner of the shares for all purposes whether or not the Corporation has other knowledge. Shares will be transferred only on the stock transfer books of the Corporation.

VIII. MONETARY MATTERS

A. Funds and Borrowing: The depository for corporate funds, the persons entitled to draw these funds, the persons entitled to borrow on behalf of the Corporation, and the manner of accomplishing these matters will be determined by the Board.

B. Compensation: The Compensation for Directors and Officers will be established by the Board. Compensation of employees will be established by the President, subject to review by the Board.

C. Fiscal Year: The fiscal year of the Corporation will end on such date as may be approved or established by the Board.

IX. INTERESTED PARTIES

No transaction of the Corporation will be affected because a Shareholder, Director, Officer or Employee of the Corporation is interested in the transaction. Such interested parties will be counted for quorum purposes and may vote when the Corporation considers the transaction. Such interested parties will not be liable to the Corporation for the party’s profits, or the Corporation’s losses, from the transaction.

X. INDEMNIFICATION

The Corporation will indemnify and defend each of its Officers, Directors and employees, to the full extent permitted by law, against all claims and actions against any such person by reason of the fact that the person is or was an Officer, Director or employee of the Corporation.

XI. AMENDMENTS

These Bylaws may be altered, amended, or repealed by the Board unless the power to do so is reserved to the Shareholders by the Articles of Incorporation.

XII. SECRETARY’S CERTIFICATE

I certify the foregoing to be a true copy of the Bylaws duly adopted by the Corporation on April 10, 1999.



	/s/ K. A. Anderson
	SECRETARY

NOVINT TECHNOLOGIES, INC.
AMENDED BYLAWS
AMENDMENT NO. 1

The undersigned, Tom Anderson, the duly elected and acting President of Novint Technologies, Inc., a Delaware corporation (the “Corporation”), does hereby certify that on February 14, 2007, the Board of Directors of the Corporation approved the following changes to the Corporation’s Bylaws (the “Bylaws”):

Article IV of the Bylaws is hereby amended to read in its entirety:

ARTICLE IV

ACTION WITHOUT A MEETING

A.		ACTION BY SHAREHOLDERS WITHOUT A MEETING. Any action required or permitted to be taken at a meeting of the shareholders, may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by a majority of the shareholders entitled to vote with respect to the subject matter thereof, provided that if any greater proportion and voting power is required for such action, then such greater proportion of written consents shall be required. Whenever action is taken by written consent, a meeting of shareholders need not be called or notice given. The written consent may be signed in counterparts, including, without limitation, facsimile counterparts, and shall be filed with the minutes of the proceedings of the shareholders.

B.		ACTION BY DIRECTORS WITHOUT A MEETING. Any action required or permitted to be taken at a meeting of directors may be taken without a meeting if a consent in writing setting forth the action so taken is signed by all of the directors. The written consent may be signed in counterparts, including, without limitation, facsimile counterparts, and shall be filed with the minutes of the proceedings of the directors.

C.		Wherefore, I have set my hand this 14th day of February 2007.


	Tom Anderson
	/s/ Tom Anderson
	President