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) March 19, 1999
CHRONICLE COMMUNICATIONS, INC.
(Exact name of registrant as specified in its charter)
Georgia 333-34283 58-2235301
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
2601 Second Avenue, Tampa, Florida 33605
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (813) 248-0100
Item 5. Other Events.
Effective March 19, 1999, and April 21, 1999 respectively, the
Registrant has exercised its rights under the letter of intent with
Seminole Scrap Corporation and the Stock Exchange Agreement with Florida
Machine and Welding, Inc. to terminate each of the subject transactions.
The Registrant terminated both of the transactions when the registrant's
due diligence investigations uncovered material misrepresentations on
the part of Seminole Scrap Corporation and Florida Machine and Welding,
Inc., two separate entities.
Chronicle Communications, Inc.
By: John V. Whitman Jr., Chief Executive Officer
/s/John V. Whitman Jr.
