UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
AMENDMENT NO. 2
TO
[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934 [Fee Required]
For the Fiscal Year Ended December 31, 1996
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934 [No Fee Required]
Commission file number 000-21133
SPURLOCK INDUSTRIES, INC.
(Exact Name of Registrant as Specified in its Charter)
Virginia 84-1018956
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
209 West Main Street 23890
Waverly, Virginia (Zip Code)
(Address of Principal Executive Offices)
(804) 834-8980
(Registrant's telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act: None.
Securities registered pursuant to Section 12(g) of the Act:
Common Stock, no par value
Indicate by check mark whether the registrant: (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the registrant
was required to file such reports), and (2) has been subject to such filing
requirements for past 90 days.
Yes _X_ No ___
<PAGE>
AMENDMENT
The Registrant's Annual Report on Form 10-K for the fiscal year ended
December 31, 1996 is hereby amended as follows:
<PAGE>
Item 5. Market for Registrant's Common Equity and Related Stockholder
Matters
Market Information. There is no established public trading market for
the Common Stock of the Registrant. The following table shows high and low bid
prices reported in the National Daily Quotation Sheets, which are quotations
between dealers without adjustment for retail markups, markdowns, or
commissions, and may not represent actual transactions.
Bid Price
----------------------------
High Low
---- ---
Fiscal Year Ended December 31, 1995
First Quarter.............................. $ .10 $ .0625
Second Quarter............................. .3125 .0625
Third Quarter.............................. .34375 .25
Fourth Quarter............................. .46875 .28125
Fiscal Year Ended December 31, 1996
First Quarter.............................. 1.0625 .3125
Second Quarter............................. 1.4375 .25
Third Quarter.............................. 1.125 .50
Fourth Quarter............................. .75 .375
As of April 14, 1997, the closing bid for Registrant's Common Stock was
$0.69 as reported by the National Daily Quotation Sheets.
Approximate Number of Holders of Common Stock. The number of holders of
record of Registrant's Common Stock, no par value, on December 31, 1996 was
approximately 230.
Dividends. Holders of Registrant's Common Stock are entitled to receive
such dividends as may be declared by its Board of Directors. No cash dividends
have been paid with respect to the Registrant's Common Stock and no dividends
are anticipated to be paid in the foreseeable future.
Sale of Unregistered Securities. The Registrant sold no equity
securities of the Registrant which were not registered under the Securities Act
of 1933, as amended, during the period covered by this report.
<PAGE>
SIGNATURES
Pursuant to the requirements of Sections 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.
SPURLOCK INDUSTRIES, INC.
Date: May 22, 1997 By: /s/ Irvine R. Spurlock
------------------------
Irvine R. Spurlock
Chairman, President and
Chief Executive Officer
Pursuant to the requirements of the Securities and Exchange Act of
1934, this report has been signed below by the following persons on behalf of
the Registrant and in the capacities and on the dates indicated.
<TABLE>
<CAPTION>
<S> <C> <C>
Signature Title Date
/s/ Irvine R. Spurlock Chairman, President, Chief Executive May 22, 1997
------------------------------------- Officer and Director
Irvine R. Spurlock (Principal Executive Officer)
/s/ Phillip S. Sumpter Executive Vice President, Chief Financial May 22, 1997
------------------------------------- Officer and Director
Phillip S. Sumpter (Principal Financial Officer)
/s/ Warren E. Beam, Jr. Treasurer and Controller May 22, 1997
------------------------------------- (Principal Accounting Officer)
Warren E. Beam, Jr.
/s/ H. Norman Spurlock, Jr. Director May 22, 1997
-------------------------------------
H. Norman Spurlock, Jr.
Director _______, 1997
-------------------------------------
Glen S. Whitwer
/s/ Harold N. Spurlock Director May 22, 1997
-------------------------------------
Harold N. Spurlock
Director _______, 1997
-------------------------------------
Raymond G. Tuttle
</TABLE>
