UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE

OFSECURITIES ~~THE SECURITIES~~ EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): ~~April~~June 1720, 2007

ENERGTEK INC.

(Exact ~~Name~~name of Registrant as ~~Specified~~specified in ~~Its~~its ~~Charter~~charter)

Nevada (State or other jurisdiction of incorporation) 000-51249 (Commission File Number) 42-1708652 (IRS Employer Identification No.)

~~(State~~c/o orDavid ~~Other~~Lubin ~~Jurisdiction~~& ofAssociates, ~~Incorporation)~~PLLC

000-51249	42-1708652
(Commission File Number)	(IRS Employer Identification No.)

26 East Hawthorne Avenue

Valley Stream, NY 11580

(Address of ~~Principal~~principal ~~Executive~~executive ~~Offices, Zip Code~~offices)

(516) 887-8200

(Registrant's Telephone Number, Including Area Code)

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(Former Name or Former Address, if Changed Since Last Report)

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~~|_| 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 CFR 240.14a-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 240.13e-4(c))

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Section 13 - ~~Registrant’s~~Securities ~~Business~~ and ~~Operations~~Trading Markets

Item 13.0103. Material Modification ~~Entry~~to ~~into~~Rights aof ~~Material~~Security ~~Definitive Agreement~~Holders.

~~Ukcyl~~The ~~Ltd.,~~Company asent ~~Ukrainian~~notification ~~limited~~to ~~liability~~(i) ~~company,~~all isthe aholders ~~wholly-owned subsidiary~~ of ~~Primecyl~~ ~~LLC,~~Company’s ~~which~~Class ~~is a wholly~~2007-~~owned subsidiary of Energtek Inc. On April~~D ~~17, 2007,~~warrants ~~Ukcyl~~with ~~Ltd.~~expiration ~~entered~~dates ~~into~~before aDecember ~~Purchase~~31, ~~Agreement~~2008, ~~with~~extending ~~Pavlograd Plant for~~the ~~Technological~~expiration ~~Equipment,~~date afor ~~Ukrainian~~exercising ~~limited~~the ~~liability~~Company’s ~~company~~Class ~~(“Pavlograd”). Pursuant~~2007-D towarrants ~~such agreement, Pavlograd agreed~~ to ~~sell to Ukcyl Ltd. certain~~December ~~machinery.~~31, ~~The~~2008 ~~aggregate~~and ~~purchase price~~ to be(ii) ~~paid~~all bythe ~~Ukcyl~~holders ~~Ltd.~~of toCompany’s ~~Pavlograd for~~Class ~~such~~2007-E ~~machinery~~warrants ~~is approximately $343,000. Such purchase price will be paid~~with asexpiration ~~follows:~~dates ~~$160,000~~before ~~is to be paid in the period April -~~ June 30, ~~2007~~2010, ~~and an additional~~extending ~~$183,000~~the isexpiration todate beof ~~paid in~~ the Class ~~period July~~ 2007-E ~~December~~warrants ~~2007. Pursuant~~ to ~~such~~June ~~agreement~~30, ~~Ukcyl Ltd~~2010. ~~has an option to order additional machinery at a purchase price equal to $220,000.~~

~~Ukcyl~~Section ~~Ltd has~~5 ~~undertaken~~- ~~the~~Corporate ~~following~~Governance ~~obligations:~~and Management

1Item 5.02. ToDeparture ~~perform~~of ~~timely~~Directors ~~payments~~or inPrincipal ~~accordance~~Officers; ~~with~~Election ~~the~~of ~~agreement~~Directors; Appointment of Principal Officers.

2.As of June In20, ~~case~~2007, ofDoron ~~default~~Uziel, ofwho ~~timely~~had ~~payments~~been ~~for~~serving ~~more~~as ~~than~~President, 5Chief ~~days~~Executive Officer, toChief ~~pay~~Financial aOfficer ~~penalty~~and ~~that~~Chief isAccounting ~~presently~~Officer ~~approximately 0.06%~~ of the ~~amount~~Company, resigned infrom ~~default~~his ~~per~~positions ~~each~~as ~~day~~Chief ~~that~~Financial ~~such~~Officer ~~default~~and ~~continues~~Chief ~~(This~~Accounting Officer. ~~rate~~Mr. ~~may~~Uziel ~~vary~~remains ~~according~~President, toChief aExecutive ~~reference~~Officer ~~rate~~and ~~published~~a by director of the ~~National Bank of Ukraine~~Company.);

3.Effective as Toof ~~supply~~June 220, ~~pipes~~2007, ~~(of~~the 22Company -appointed 25Yishai ~~meters~~Aizik ~~each)~~as ~~for~~Secretary. ~~the~~Mr. ~~tests~~Aizik has ofbeen ~~the~~serving ~~machines~~as toa ~~take~~director ~~place~~of in the ~~plant~~Company ofsince ~~Pavlograd;~~October 3, 2006.

4.Effective as Toof ~~prepare~~June 20, 2007, the ~~required~~Company ~~infrastructure~~appointed ~~for~~Constantin ~~installation~~Stukalin as Treasurer and Chief ~~start-up~~Accounting Officer. Mr. Stukalin has been serving as a director of the Company's ~~machines~~subsidiary onEnergtek Products Ltd. since September 2006. Between 2003-2007, he was a manager in the ~~plant~~Financial Department of ~~Ukcyl~~Leumi Mortgage Bank. Prior to that, Mr. Stukalin was Controller for DAN-DAR Construction and Development Companies Ltd. ~~(according~~Between to1999-2002, he was an auditor and manager of audit files at Ernst & Young. Between 1998-1999, Mr. Stukalin was an auditor and accountant for the ~~detailed~~firm ~~technical~~of ~~description~~Cohen, ~~provided~~Holtzman byand ~~Pavlograd);~~Kahn. In 1999, Mr. Stukalin received a B.A. in Accounting and Economics from Hebrew University in Jerusalem and in 2001 became a Certified Public Accountant.

5 Mr. Stukalin Tois ~~receive~~not a director in any other reporting company. He has not been affiliated with any company that has filed for bankruptcy within the ~~machines~~last ~~from~~five years. ~~Pavlograd~~He does not ~~later~~have ~~then~~any 10familial ~~days~~relationships ~~from~~with any other directors or executive officers of the ~~written~~Company. ~~notice~~There ~~that~~were no transactions during the ~~equipment~~last two years, or any proposed transactions, to which the Company was or is ~~ready;~~to be ~~and~~a party, or in which Mr. Stukalin had or is to have a direct or indirect material interest.

6. To transport the machines to the plant of Ukcyl Ltd. Ukcyl Ltd. is responsible for the machinery after receiving it on the plant of Pavlograd.

Section 8 - Other Events

Item 8.01 . Other Events

Between May 24, 2007 and May 30, 2007, we raised an aggregate of $850,000 by selling to three purchasers an aggregate of 1,700,000 units of the Company’s securities, each unit consisting of one share of common stock and two warrants, one of which was designated the Class 2007-D Warrant and the other the Class 2007-E Warrant. Each Class 2007-D Warrant entitles the holder thereof to purchase one share of common stock at a purchase price of $0.75 until June 30, 2008. Each Class 2007-E Warrant entitles the holder thereof to purchase one share of common stock at a purchase price of $1.05 until December 31, 2009. The ~~disclosure~~purchase ~~set~~price ~~forth~~paid ~~above~~to the Company for each unit was $0.50. The units were offered and sold pursuant to a placement held under ~~Item~~Regulation 1S promulgated under the Securities Act of 1933, as amended.01 ~~(Entry~~Each ~~into~~of the purchasers represented to the Company that such purchaser was not a ~~Material~~United ~~Definitive~~States person (as defined ~~Agreement~~in Regulation S) isand ~~hereby~~was ~~incorporated~~not byacquiring ~~reference~~the ~~into~~shares ~~this~~for ~~Item~~the 8account or benefit of a United States person.01 The purchasers further represented that at the time of the origination of contact concerning the subscription for the units and the date of the execution and delivery of the subscription agreement for such units, such purchaser was outside of the United States. We did not make any offers in the United States, and there were no selling efforts in the United States. There were no underwriters or broker-dealers involved in the private placement and no underwriting discounts. Commissions totaling $42,500 are due and additional 85,000 shares of the Company’s common stock is to be issued to a non-U.S. person as commission.

Energtek Inc. has determined to lend to its wholly-owned subsidiary, Primecyl LLC, approximately $310,000 during April-May 2007. Such funds will be used by Primecyl LLC for the purpose of paying the purchase price of the machinery purchased by Ukcyl Ltd. pursuant to Purchase Agreement described above under Item 1.01, for the purchase of additional assets, and for the payment of operating expenses and other expenses incurred in the development of the business of Primecyl LLC and Ukcyl Ltd. In addition, Energtek Inc. has determined to allocate an additional $183,000 to be lent to Primecyl LLC during July - December 2007 for the payment of the amounts due under the Purchase Agreement.

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On June 19, 2007, the Company raised an additional $500,000 by selling to two purchasers a total of 1,000,000 units of the Company’s securities, each unit consisting of one share of common stock and two warrants, one of which was designated the Class 2007-D Warrant and the other the Class 2007-E Warrant. The Class 2007-D and Class 2007-E Warrants issued with respect to this transaction bear different expiration dates than the Class 2007-D and Class 2007-E Warrants referenced above. Each Class 2007-D Warrant entitles the holder thereof to purchase one share of common stock at a purchase price of $0.75 until December 31, 2008. Each Class 2007-E Warrant entitles the holder thereof to purchase one share of common stock at a purchase price of $1.05 until June 30, 2010. The purchase price paid to the Company for each unit was $0.50. The units were offered and sold pursuant to a placement held under Regulation S promulgated under the Securities Act of 1933, as amended. Each of the purchasers represented to the Company that such purchaser was not a United States person (as defined in Regulation S) and was not acquiring the shares for the account or benefit of a United States person. The purchasers further represented that at the time of the origination of contact concerning the subscription for the units and the date of the execution and delivery of the subscription agreement for such units, such purchaser was outside of the United States. We did not make any offers in the United States, and there were no selling efforts in the United States. There were no underwriters or broker-dealers involved in the private placement and no underwriting discounts. Commissions in the amount of $25,000 and additional 50,000 shares of the Company’s common stock are to be issued to a non-U.S. person as commission.

On June 20, 2007, the Company decided to redeem the 2,500,000 Class A Series warrants it had issued in August 2006 by purchasing such warrants from the holders thereof at a redemption price of $0.05 per warrant for the aggregate amount of $125,000. On the same date, the Company decided to redeem the 2,500,000 Class B Series warrants which it had issued in August 2006 by purchasing such warrants from the holders thereof at a redemption price of $0.05 per warrant for the aggregate amount of $125,000. These redemptions were made in accordance with the terms of the Warrant Agreements previously entered into between the Company and the holders of such warrants upon their issuance.

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Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(a) Financial Statements of business acquired. Not applicable

(b) Pro forma financial information. Not applicable

10.1	Form of Regulation S Subscription Agreement (annexed as an exhibit to the Form 8-K filed with the Securities and Exchange Commission on March 2, 2007 and incorporated herein by reference)
10.2	Form of Class 2007-D Warrant Agreement (annexed as Exhibit 10.15 to the Form 8-K filed with the Securities and Exchange Commission on March 2, 2007 and incorporated herein by reference)
10.3	Form of Class 2007-E Warrant Agreement (annexed as Exhibit 10.16 to the Form 8-K filed with the Securities and Exchange Commission on March 2, 2007 and incorporated herein by reference)

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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.

	ENERGTEK INC.
Date: April 23, 2007	By:	/s/ Doron Uziel
		Name: Doron Uziel
		Title: President, Chief Executive Officer, Chief Financial Officer, and Chief Accounting Officer

Date: June 25 , 2007

~~- 3~~ENERGTEK -INC. (Registrant) By: /s/ Doron Uziel Name: Doron Uziel Title: President and Chief Executive Officer

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