SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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): July 30, 1998
GATEWAY DATA SCIENCES CORPORATION
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(Exact name of registrant as specified in its charter)
ARIZONA 0-27776 86-0527788
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(State or other (Commission File No.) (IRS Employer ID No.)
jurisdiction of incorporation)
4802 E. Ray Road, Suite 23-286, Phoenix, Arizona 85044
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(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code: (602) 968-7000
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GATEWAY DATA SCIENCES CORPORATION
FORM 8-K
CURRENT REPORT
ITEM 2. BANKRUPTCY OR RECEIVERSHIP.
On February 23, 1998, Gateway Data Sciences Corporation (the "Company")
filed a petition for protection from creditors under Chapter 11 of the U.S.
Bankruptcy Code. The filing was made in the U.S. Bankruptcy Court in the
District of Arizona in Phoenix, Arizona (Case No. B-98-02021-PHX-RGM).
On June 19, 1998, the court appointed Eileen W. Hollowell, Esq., as
trustee ("Trustee"). The Company filed an appeal with respect to the appointment
of the Trustee on June 22, 1998. On July 21, 1998, the United States District
Court for the District of Arizona stayed the order appointing the Trustee and
remanded the matter back to the U.S. Bankruptcy Court. On July 29, 1998, the
Company filed a consent to the appointment of the Trustee. The U.S. Bankruptcy
Court confirmed the appointment of the Trustee on July 30, 1998.
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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.
August 21, 1998 GATEWAY DATA SCIENCES CORPORATION
By:/s/ Eileen W. Hollowell
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Eileen W. Hollowell, Esq.
Trustee