UNITED STATES
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
October 5, 1999
(Date of report - date of earliest event reported)
TOTAL ENTERTAINMENT RESTAURANT CORP.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of
incorporation or organization)
000-22753 52-2016614
(Commission File Number) (I.R.S. Employer
Identification No.)
9300 East Central Avenue, Suite 100
Wichita, Kansas 67206
(Address of principal executive offices) (Zip-Code)
Registrant's telephone number, including area code (316) 634-0505
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TOTAL ENTERTAINMENT RESTAURANT CORP.
FORM 8-K
CURRENT REPORT
TABLE OF CONTENTS
PAGE
Item 5. Other Events 3
Item 7. Financial Statements and Exhibits 3
Signature 4
Exhibit 99.1 5
2
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Item 5. Other Events
Total Entertainment Restaurant Corp. (the Company) announced that its Board of
Directors has authorized a program to repurchase up to 1,000,000 shares of the
Company's common stock by issuing a press release on October 5, 1999.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
The following exhibit is filed with this report:
Exhibit No. Description
- ----------- -----------
99.1 Press release, dated October 5, 1999 (filed herewith)
3
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SIGNATURE
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.
TOTAL ENTERTAINMENT RESTAURANT CORP.
(Registrant)
By: /s/ James K. Zielke
---------------------------------------
James K. Zielke
Chief Financial Officer
Date: October 5, 1999
TOTAL ENTERTAINMENT RESTAURANT CORP.
9300 East Central Avenue, Suite 100
Wichita, Kansas 67206
P.O. Box 782558
Wichita, Kansas 67278-2558
Phone (316) 634-0505
For Immediate Release Contact: Christopher L. Wettig
(316) 634-0505
Total Entertainment Restaurant Corp. NASDAQ: TENT
News Release
Wichita, Kansas October 5, 1999
Total Entertainment Restaurant Corp. today announced that its Board of Directors
has authorized a program to repurchase up to 1,000,000 shares of the Company's
common stock. The Company said that the timing, price, quantity and manner of
purchase will be made at the discretion of management and will depend upon
market conditions.
The Company will fund the repurchase program through available bank credit
facilities. Depending upon the number of shares repurchased and the price paid
for each share, the share repurchase program could reduce the number of
restaurants to be opened during fiscal year 2000 under the Company's current
expansion plans.
This Press Release contains certain forward-looking statements of the Company
within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. Although the
Company believes the assumptions underlying the forward-looking statements
contained herein are reasonable, any of the assumptions could be inaccurate, and
therefore, there can be no assurance that the forward-looking statements
contained in the Press Release will prove to be accurate.
