(State or Other Jurisdiction of Incorporation)
0-29657 33-0727323
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(Commission File Number) (IRS Employer Identification No.
7270 Woodbine Avenue, Suite 200, Markham, Ontario L3R 4B9
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(Address of Principal Executive Offices) (Zip Code)
(905) 947-9925
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events.
Due to cash flow considerations, a majority of the Board of Directors of
California Electric Automobile Company ("CEAC") deemed it necessary to lay
off the employees of that company effective November 3, 2000. The Board of
CEAC hopes that the lay off will be temporary in nature and that the
employees will be reinstated in the future.
CEAC is a wholly owned subsidiary of American Electric Automobile
Company, Inc.
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 duty authorized.
AMERICAN ELECTRIC AUTOMOBILE COMPANY,INC.
Date: November 9, 2000
By:
STEPHEN M. COHEN
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STEPHEN M. COHEN
Secretary
