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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 SEPTEMBER 30, 1997
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PETRACOM HOLDINGS, INC.
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(Exact Name of Registrant as Specified in Charter)
DELAWARE 33-98756 59-3324165
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(State or Other jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
1527 N. DALE MABRY HWY., SUITE 105, LUTZ, FL 33549
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(Address of Principal Executive Office)
(813) 948-2554
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(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
The sole owner of the voting common stock of Petracom Holdings, Inc. (the
"Company") has entered into an agreement to sell all of its voting common stock
of the Company. The agreement is subject to various conditions including
primarily, regulatory approval. In connection with the sale of the voting
stock, the Company has also entered into a letter agreement to sell the assets
of its radio stations. The letter agreement is subject to various conditions
including the negotiation of a definitive asset sales agreement, the buyer's
due diligence review and regulatory approval. Regulatory approvals and
consummation of the transactions are expected in the fourth quarter of 1997 or
the first quarter of 1998.
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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 thereunto duly authorized.
PETRACOM HOLDINGS, INC.
By /s/ HENRY A. ASH
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Henry A. Ash
President
Date: October 10, 1997
By /s/ HENRY A. ASH President and Director (principal executive
------------------------------ officer and sole director)
Henry A. Ash
Date: October 10, 1997
By /s/ JOSEPH M. FRY Vice President, Chief Financial Officer,
------------------------------ Treasurer and Assistant Secretary
Joseph M. Fry (principal financial officer and principal
Date: October 10, 1997 accounting officer)
