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 December 6, 1999
WILSON BROTHERS USA, INC.
(Exact name of registrant as specified in its charter)
ILLINOIS 1-3329 36-1971260
(STATE OR OTHER (COMMISSION FILE NO.) (IRS EMPLOYER
JURISDICTION OF IDENTIFICATION
NUMBER
ORGANIZATION)
902 South Main Street
Point Marion, PA 15474
(412) 725-5231
(ADDRESS, INCLUDING ZIP CODE, AND TELPHONE NUMBER
INCLUDING AREA CODE OF REGISTRATN'S
PRINCIPAL EXECUTIVE OFFICES)
Not Applicable
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
ITEM 5. OTHER EVENTS
On December 6, 1999, Wilson Brothers USA, Inc. (the "Company")
and the holders of $1,500,000 Convertible Notes outstanding, plus
accrued interest thereon of $870,187, and $1,230,000 of accounts
receivable ("Accounts Receivable") outstanding entered into a
plan for conversion of the Convertible Notes and Accounts
Receivable into 5,800,000 shares of the Company's common stock.
The aggregate number of shares outstanding after the conversion
will be 9,121,039, of the authorized 10,000,000 shares.
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 hereuto duly authorized.
WILSON BROTHERS USA, INC.
Date: December 7, 1999 By: /s/ John H. Sanford
John H. Sanford,
President
