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 6-22-2000
Dynamic Homes, Inc.
Exact Name of Registrant as Specified in its Charter
Minnesota 08585 41-0960127
State or other jurisdiction Commission IRS Employer
Identification Number
525 Roosevelt Ave, Detroit Lakes MN 56501
Address of Principal Executive Offices Zip Code
Registrant's telephone number, including area code (218)-847-2611
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Item 1. CHANGES IN CONTROL OF REGISTRANT.
None
Item 2. ACQUISITION OR DISPOSITION OF ASSETS.
None
Item 3. BANKRUPTCY OR RECEIVERSHIP.
None
Item 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT.
None
Item 5. OTHER MATERIALLY IMPORTANT EVENTS.
On June 21, 2000, Registrant announced that it had signed a letter of
intent dated June 20, 2000 to be acquired by an entity to be formed by three
directors of Dynamic Homes, Inc. The three directors are Peter K. Pichetti,
Ronald L. Gustafson, and Clyde R. Lund, Jr. The letter of intent was approved by
a special committee of three persons who are independent of Dynamic Homes, Inc.
and its directors. The pending all-cash transaction is valued at $2.55 per
share. The press release announcing the transaction is attached hereto as
Exhibit 99.1 and is incorporated herein by reference.
Item 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS
None
Item 7(c). EXHIBITS.
99.1 Press Release issued by Dynamic Homes, Inc. on June 21, 2000.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Registrant: Dynamic Homes, Inc.
SCOTT D. LINDEMANN
(President, CEO)
Dated: June 22, 2000
EXHIBIT INDEX
99.1 Press Release issued by Dynamic Homes, Inc. on June 21, 2000
