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): ~~September~~March 268, ~~2007~~2008

ENERGTEK INC.

(Exact name of Registrant as specified in its charter)

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

Nevada

______________________

(State or other jurisdiction of incorporation)

000-51249

_____________________

(Commission File Number)

42-1708652

_________________________

(IRS Employer Identification No.)

c/o David Lubin & Associates, PLLC

26 East Hawthorne Avenue

Valley Stream, NY 11580

(Address of principal executive offices)

(516) 887-8200

(Registrant's Telephone Number, Including Area Code)

__________________________________________________

(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 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))

Section 15. -Corporate ~~Registrant’s~~Governance ~~Business~~ and ~~Operations~~Management

Item 15.0102. ~~Entry~~ Departure of Directors or Principal Officers; Election of Directors; ~~into~~Appointment aof ~~Material~~Principal ~~Definitive Agreement~~Officers.

~~Energtek~~Resignation/Appointment Inc. (the “Company”) entered into a Management Services Agreement with EuroSpark S.A., a Belgian corporation (“EuroSpark”), dated September 30, 2007 (the “Management Agreement”). Pursuant to the terms and provisions of the Management Agreement, for a period of one year beginning on September 1, 2007, EuroSpark shall provide operational and financial management services to the Company through Lev Zaidenberg as an independent contractor and manager. After September 1, 2008, and on each subsequent anniversary, the Management Agreement shall be automatically extended for an additional one year period unless a party serves the other with written notice that the term shall not be extended. Directors

AsDoron ~~previously~~Uziel ~~disclosed,~~resigned ~~Mr.~~as ~~Zaidenberg~~a ~~has~~director ~~been elected President~~ of ~~the Company.~~ InEnergtek ~~accordance~~Inc. ~~with~~ (the ~~Management Agreement, Mr. Zaidenberg shall devote up~~“Corporation”) ~~to two-thirds~~as of ~~his business time towards providing management services to the~~ ~~Company.~~March ~~In exchange~~8, ~~the Company shall pay the sum of €6,600 Euros to EuroSpark on a monthly basis~~2008. ~~In addition, EuroSpark and/or~~ Mr. Uziel ~~Zaidenberg~~has ~~shall~~been ~~be entitled~~serving ~~to receive equity based stock options and additional bonuses on the same basis~~ as ~~the~~a ~~other~~director ~~members~~ of the ~~management of the Company, as the Board of Directors of the Company~~Corporation ~~may determine. During the term and upon~~ ~~termination~~since ofMay ~~this Management Agreement, EuroSpark and Mr~~2006. ~~Zaidenberg~~He ~~are subject~~will tobe ~~non-competition~~serving ~~and~~as ~~non-solicitation~~Treasurer ~~provisions~~of ~~and have agreed not to disclose~~ the ~~Company’s confidential and proprietary information~~Corporation.

~~For~~Effective ~~all~~ as of March 8, 2008, the Corporation appointed Eliezer Sandberg as a director ~~terms~~ and ~~provisions~~Chairman of the ~~Management~~Board ~~Agreement,~~of ~~dated~~Directors ~~September~~of ~~30,~~the ~~2007,~~Corporation. Mr. Sandberg is ~~between~~a former ~~Energtek~~Minister ~~Inc.~~of ~~and~~National ~~EuroSpark~~Infrastructures (including Energy, ~~reference~~Water isand ~~hereby~~Natural Resources) ~~made~~and toformer Minister of Science and Technology of the ~~copy~~State of Israel ~~such~~and ~~agreement~~has ~~annexed~~been ~~hereto~~the asFounder ~~Exhibit~~and ~~10.8.~~Chairman of the Israeli Parliament Subcommittee on Hi-Tech .

~~Section~~Mr. 2Sandberg -has ~~Financial~~been ~~Information~~serving as an active Chairman of the Board of the Corporation's Israeli subsidiary Gatal (Natural Gas for Israel) Ltd. ("Gatal"), and will continue in this position. In consideration for services to be rendered to the Corporation in his capacity as Chairman of the Board of Directors of the Corporation, the Corporation has agreed to issue him an aggregate of 500,000 warrants subject to the vesting schedule and exercise prices discussed below.

~~Item~~The 2warrants vest pursuant to the following schedule: (i) 50,000 warrants with an exercise price of $0.0136 vesting on June 30, 2008, (ii) 50,000 warrants with an exercise price of $0. ~~Completion~~36 vesting on April 30, 2009, (iii) 50,000 warrants with an exercise price of ~~Acquisition~~$0.36 orvesting ~~Disposition~~on April 30, 2010, (iv) 120,000 warrants with an exercise price of ~~Assets~~$0.50 vesting on March 31, 2009, (v) 115,000 warrants with an exercise price of $0.50 vesting on March 31, 2010, and (vi) 115,000 warrants with an exercise price of $0.50 vesting on March 31, 2011.

OnIn ~~September 26~~addition, ~~2007,~~in ~~Ukcyl~~the ~~Ltd.,~~event athe ~~wholly-owned~~Corporation ~~subsidiary~~shall ofhave ~~Energtek~~cash ~~Inc., (“Ukcyl”)~~and ~~entered~~deposits ~~into~~in ~~an agreement with Dynatech Furnaces (Bombay) Pvt. Ltd.~~excess ~~(“Dynatech”) to purchase a high pressure steel seamless Cylinder Heat Treatment Furnace Line (the “Agreement”). Ukcyl is to pay a total purchase price~~ of $~~190~~15,000,000, ~~which~~or ~~will~~should the Corporation be ~~paid~~successful in ~~three~~raising ~~installments at specified intervals.~~$15,000,000 ~~The~~in ~~first~~net ~~installment,~~capital inwithin ~~the~~a ~~amount~~period of ~~$85~~9 months,~~000,~~ ~~shall~~the beCorporation ~~paid~~shall toprovide ~~Dynatech within~~Mr. ~~10 weeks~~Sandberg the following ~~execution~~additional ofbenefits, ~~the~~most ~~Agreement.~~probably ~~Upon~~to ~~payment~~be ofprovided ~~this first~~through ~~installment,~~an ~~the~~arrangement ~~two~~with ~~directors~~Gatal: (i) use of ~~Dynatech~~a ~~will~~company ~~execute~~car, a(ii) ~~personal~~an ~~guarantee~~additional $30,000 ~~guaranteeing~~per ~~the~~year, ~~performance~~payable ofmonthly, ~~Dynatech~~and ~~pursuant~~(iii) tosocial ~~the~~benefits ~~Agreement.~~as ~~This~~typically provided ~~guarantee~~by Israeli ~~shall~~companies be(that ininclude ~~the~~severance ~~amount~~payment, ofpension ~~$85,000~~fund and ~~will be expire upon the~~incapacity ~~inspection~~insurance bypayment, ~~Ukcyl~~professional offund ~~the equipment at Dynatech’s facility in India~~payment).

~~Pursuant~~There toare no ~~the~~arrangements ~~terms~~or understandings between Eliezer Sandberg and ~~provisions~~any ofother person pursuant to which Mr. Sandberg was selected as a director. Other than the arrangement ~~Agreement~~described above, onthere orare ~~before~~no ~~January~~agreements ~~31,~~between ~~2008~~the Corporation and Mr. Sandberg. Mr. Sandberg is a director of Dor Chemicals Ltd., a public ~~Dynatech~~reporting company is toIsrael. ~~prepare~~Mr. ~~the~~Sandberg ~~equipment~~also ~~for~~holds ~~inspection~~positions ~~and~~in ~~testing~~other companies. byMr. ~~Ukcyl~~Sandberg athas not been affiliated with any company that has filed ~~Dynatech’s~~for ~~facility~~bankruptcy inwithin ~~India~~the last five years. ~~Upon~~Mr. ~~inspection~~Sandberg ~~and~~does ~~approval~~not have any familial relationships with any other directors or executive officers of the Corporation. ~~equipment~~There were no transactions during the last two years, or any ~~Dynatech~~proposed transactions, to which the Corporation was or is to be a party, or in which Mr. Sandberg had or is to have a direct or indirect material interest.

2Effective as of March 8, 2008, the Corporation appointed Mr. Lev Zaidenberg as a director of the Corporation. Mr. Zaidenberg has been serving as the CEO of the Corporation and will continue holding this position. There are no arrangements or understandings between Mr. Zaidenberg and any other person pursuant to which Mr. Zaidenberg was selected as a director. Mr. Zaidenberg is not a director in any other reporting company.

~~shall~~Resignation/Appointment ~~dismantle the equipment and prepare it for shipment to Ukcyl’s facility in the Ukraine. Upon completion~~ of ~~the inspection in India, Dynatech shall receive a second installment of the purchase price in the amount of $75,000.~~ Officers

~~Upon~~On ~~arrival of the equipment in the Ukraine, Dynatech shall assist in the~~March ~~installation~~8, ~~and~~2008, ~~testing~~Constantine ofStukalin ~~the~~resigned ~~equipment~~from athis ~~Ukcyl’s~~position ~~facility.~~as ~~Following installation~~Treasurer and ~~the initial operation of the equipment in Ukcyl’s Ukrainian~~Chief ~~facility,~~Accounting ~~Dynatech~~Officer ~~shall be paid $30,000 representing the balance~~ of ~~the purchase~~Energtek ~~price~~Inc. In (the ~~event the equipment does not conform to the specifications required pursuant to the Agreement, Dynatech shall pay damages in the amount of $160,000~~“Corporation”). ~~The payment of such damage amount does not limit any other legal rights and remedies available to Ukcyl.~~

~~The~~Effective ~~equipment~~as ~~purchased~~of isMarch ~~subject~~8, to2008, athe ~~one~~Board ~~year~~of ~~warranty~~Directors appointed Prof. Yuri Ginzburg as Chief Technology Officer of the ~~date~~Corporation ofand further appointed Doron Uziel ~~installation~~as Treasurer ~~and~~of ~~commencement~~the Corporation. Upon the resignation of ~~operation~~Mr. inUziel ~~Ukcyl’s~~as ~~facility~~director, and the appointment of Mr. InUziel ~~addition~~as Treasurer, ~~for~~the Board of Directors revised the avesting ~~period~~schedule of ~~three~~the ~~years~~Class ~~following~~2007-C ~~installation,~~warrants ~~Dynatech~~previously ~~shall~~granted ~~provide~~to ~~technical~~Mr. Uziel ~~support~~on January ~~with~~17, ~~respect~~2007, so that such warrants which were previously granted to Mr. Uziel as a director shall instead vest based upon his tenure in the ~~operation~~position of Treasurer of the ~~equipment~~Corporation.

~~For~~Prof. Ginzburg has been serving as the Chief Technical Officer of the Corporation's ~~terms~~fully owned subsidiary Angstore Technologies, Ltd. since 2003. From 1998 to 2002, Prof. Ginzburg served as R&D Director in Barg Enterprises LTD, a company specializing in the transfer of technologies from former USSR countries. Since 1997, he has served as a Consultant for Rhyno Inc., USA, responsible for the development of off-road vehicles based on Russian-made chassis, Cummins engines and ~~provisions~~Allison transmissions. From 1995-1996, Prof. Ginzburg was a Project Coordinator in MIKIP LTD (Kazakhstan-Netherlands) responsible for the development and serial production of city buses in Kazakhstan, based on the DAF power ~~Agreement~~pack. ~~dated~~From ~~September~~1992-1995 26he taught at Haifa's Technion University, specializing ~~2007~~in ~~between~~R&D ~~Ukcyl~~of combat vehicles. From 1986-1991, Prof. Ginzburg served as Head of the Vehicle Department in the Research and Development ~~Dynatech~~Association of Motor Vehicle Industries, ~~reference~~and iswas ~~hereby~~Vice-President ~~made~~of tothe "National Heavy Ground Vehicles Test Center" in Moscow, USSR Previously, he was a Professor in the ~~copy~~Faculty of ~~such~~Ground ~~agreement~~Vehicles ~~annexed~~at ~~hereto~~Cheliabinsk Technical University. asProf. ~~Exhibit~~Ginzburg 10is the author of 18 patents and over 70 scientific works and holds a PhD / D.9Sc in Mechanical Engineering.

~~Section~~Mr. 9Uziel had -held ~~Financial~~various ~~Statements~~positions as an executive officer and ~~Exhibits~~director of the Corporation since May 2006. From 2005 until December 31, 2007 , Mr. Uziel was been employed by TraceGuard Technologies Inc., a public company engaged in the development of homeland security technology, as the assistant to the CFO. From 2004 until 2005, Mr. Uziel was employed by the Department of Doctrine in the Israel Defense Forces as a strategic consultant, and from 1999 until 2003, he was employed by Minibit Insurance Agency as the head of economic planning. Mr. Uziel received an MA in Economics from Tel Aviv University in 1993 and a BA in Economics from Tel Aviv University in 1992.

~~Item~~Neither 9Yuri Ginzburg or Doron Uziel are directors in any other reporting company.01 Neither ~~Financial~~have ~~Statements~~been affiliated with any company that has filed for bankruptcy within the last five years. Nor do any of them have any familial relationships with any other directors or executive officers of the Corporation. Other than as previously disclosed in the Corporation’s reports filed with the Securities and Exchange ~~Exhibits~~Commission, there were no transactions during the last two years, or any proposed transactions, to which the Corporation was or is to be a party, or in which Messrs. Ginzburg or Uziel had or is to have a direct or indirect material interest.

~~(a)~~On March 8, ~~Financial~~2008, ~~Statements~~Yishai Aizik resigned from his position as Operating Manger of ~~business~~the Corporation's ~~acquired~~fully owned subsidiary Primecyl LLC. ~~Not~~Effective as ~~applicable~~of March 8, 2008, the Corporation, as sole member of Primecyl LCC, appointed Lev Zaidenberg as the Managing Director of Primecyl LLC.

(b) Pro forma financial information. Not applicable

10.8 Management Services Agreement between Energtek Inc. and EuroSpark S.A., dated September 30, 2007.

10.9 Agreement dated September 26, 2007, by and between Ukcyl, Ltd. and Dynatech Furnaces (Bombay) Pvt. Ltd. Portions of this exhibit have been omitted pursuant to a request for confidential treatment and have been filed separately with the Securities and Exchange Commission.

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: ~~October~~March 210, ~~2007~~2008

ENERGTEK, INC. (Registrant) By: /s/ Lev Zaidenberg Name: Lev Zaidenberg Title: Chief Executive Officer and President

(Registrant)

Name: Doron Uziel

Title: Chief Executive Officer

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