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) May 14, 1999
------------------------------
Room Plus, Inc.
- --------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in Charter)
New York 1-14478 11-2622051
- --------------------------------------------------------------------------------
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
91 Michigan Avenue, Paterson, New Jersey 07503
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (973) 523-4600
-----------------------------
Not Applicable
- --------------------------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
<PAGE>
Item 5. Other Events
Effective May 14, 1999, the securities of the Registrant were
delisted from the Nasdaq SmallCap Market. The Nasdaq Listing Qualifications
Staff (the "Staff") decided to delist such securities because it determined that
the Registrant failed to meet the net tangible assets, bid price and bankruptcy
requirements as stated in the Nasdaq Marketplace Rules 4310(c)(02), 4310(c)(04)
and 4330(a).
The Registrant does not plan to appeal the decision of the Staff at
this time because it is currently unable to meet the financial qualifications
for continued listing.
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.
ROOM PLUS, INC.
By: /s/ Jay H. Goldberg
-----------------------------------------
Name: Jay H. Goldberg
Title: Chief Financial Officer
Dated: May 26, 1999
