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EX-99.1 - BIOMEDICAL TECHNOLOGY SOLUTIONS HOLDINGS INCvalordeedoftrust.htm
EX-99.2 - BIOMEDICAL TECHNOLOGY SOLUTIONS HOLDINGS INCvalorpromissorynote.htm

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549



FORM 8-K/A-1


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 28, 2010



BioMedical Technology Solutions Holdings, Inc.

(Exact name of registrant as specified in its charter)



             Colorado              

  000-52652         

        26-3161860        

(State or other jurisdiction of

incorporation or organization)

(Commission

file number)

(IRS Employer

Identification No.)


9800 Mt Pyramid Court # 250
            Englewood, CO  80112                 
(Address of principal executive offices)    (Zip Code)


Registrant's telephone number, including area code:  (303) 653-0100



_    _CET Services, Inc.     

12503 Euclid Dr. #30, Centennial, Colorado  80111

(Former name or former address, if changed since last report)




___

Written communications pursuant to Rule 425 under the Securities Act

___

Soliciting material pursuant to Rule 14a-12 under the Exchange Act

___

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

___

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





ITEM 8.01

OTHER EVENTS

ITEM 2.03

CREATION OF DIRECT FINANCIAL OBLIGATION


On October 1, 2009, the Company and its wholly-owned subsidiary, BMTS Properties, Inc., executed a promissory note in favor of Valor Invest, Ltd., a British Virgin Islands company (“Valor’) in the principal amount of $200,000 (the “Note”). The Note was and is secured by a second priority Deed of Trust encumbering real property owned by BMTS Properties.


The Note matured and became due and payable on February 28, 2010.  As a result of the Company’s default under the Note, Valor has commenced a civil action against the Company and BMTS Properties in the Douglas County District Court.


The Company is in active discussions with Valor and its legal counsel concerning the matter; however as of the date hereof, no resolution has been reached. The Company currently lacks the working capital to pay the Note.  No prediction can be made regarding the outcome of the matter.



ITEM 9.01

FINANCIAL STATEMENTS AND EXHIBITS

  

99.1

Deed of Trust

99.2

Promissory Note





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SIGNATURE


        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.



  

BIOMEDICAL TECHNOLOGY SOLUTIONS HOLDINGS, INC.


Date:   April _5, 2010

By:  _/s/ Donald G. Cox ___________

     Donald G. Cox, President

  




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