SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 1
TO
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): August 21, 1998
Twinlab Corporation
Delaware 0-21003 11-3317986
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(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
150 Motor Parkway, Hauppauge, New York 11788
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (516) 467-3140
(Former name or former address, if changed since last report)
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
On August 21, 1998, Twinlab Corporation ("Twinlab" or the "Company")
completed the acquisition of all of the outstanding capital stock of PR
Nutrition, Inc. ("PR") from William Logue, Sheri Sears and Barry Nussbaum (the
"Acquisition"). The consideration for the Acquisition was 1,150,000 shares of
common stock of the Company. The consideration was negotiated based upon the
price of the common stock of the Company during the course of the negotiation of
the Acquisition. The Acquisition is being treated as a pooling of interests for
accounting purposes.
PR is a San Diego based company that markets and distributes
nutritionally enhanced sports performance and nutrient replacement products,
including food bars and drink powders.
The foregoing description of the Acquisition is qualified in its
entirety by reference to the full text of the Stock Purchase Agreement, dated as
of August 19, 1998, by and among Twinlab, Twin Laboratories Inc., William Logue,
Sheri Sears and Barry Nussbaum which has been previously filed.
ITEM 7. EXHIBITS.
2.1 Stock Purchase Agreement, dated as of August 19, 1998 by and among Twinlab,
Twin Laboratories, Inc., William Logue, Sheri Sears and Barry Nussbaum.*
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*Previously filed.
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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 hereunto duly authorized.
October 2, 1998 TWINLAB CORPORATION
By: /s/ Ross Blechman
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Ross Blechman
President
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