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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) October 29, 1998
IMARK TECHNOLOGIES, INC.
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(Exact name of Registrant as Specified in Charter)
Delaware 0-21147 87-0378128
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(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification
incorporation) Number)
580 Herndon Parkway, Herndon, Virginia 20170
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(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including Area Code: (703) 925-3400
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Item 3: Bankruptcy or Receivership
On October 29, 1998, Imark Technologies, Inc. filed for reorganization
under Chapter 11 of the Federal bankruptcy law. International Advance, Imark's
largest creditor, has agreed to provide DIP financing to fund the
reorganization. The filing was made in the United States Bankruptcy Court -
Eastern District of Virginia (Alexandria Division). A plan of reorganization is
expected to be filed with the court within the next 30 days.
Item 5: Other Events
On October 29, 1998, the company was notified by NASDAQ that it no
longer qualifies for listing on the NASDAQ stock market and has been delisted.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
IMARK TECHNOLOGIES, INC.
Dated: November 9, 1998 /s/ Robert A. Wiedemer
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Robert A. Wiedemer
President and Chief Executive Officer