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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
Date of Report (Date OF Earliest event reported): September 30, 1998
ERLY INDUSTRIES INC.
(Exact Name of Registrant as Specified in its Charter)
California 1-7894 95-2312900
(State or Other (Commission File Number) (IRS Employer
Jurisdiction of Identification No.)
Incorporation)
10900 Wilshire Boulevard, #1800 90024
Los Angeles, California (Zip Code)
(Address of Principal Executive Offices)
Registrant's telephone number, including area code: (213) 879-1480
None
(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
Attached and incorporated by reference as Exhibit 99 to this report on Form
8-K is the press release, dated October 1, 1998, of ERLY Industries Inc. (the
"Company") announcing the election of Nanette N. Kelley as Chairman, President
and Chief Executive Officer of the Company.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits.
The following exhibit is filed with this report on Form 8-K:
Exhibit No. Description
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99 Press Release of ERLY Industries Inc. dated October 1,
1998.
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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 duly authorized.
ERLY INDUSTRIES INC.
Date: October 1, 1998 By: /s/ Nanette N. Kelley
_______________________________________________
Nanette N. Kelley
Chairman, President and Chief Executive Officer
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EXHIBIT INDEX
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Exhibit No. Description
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99 Press Release of ERLY Industries Inc. dated
October 1, 1998.
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EXHIBIT 99
Thursday, October 1, 1998
ERLY Announces New Chairman and CEO
LOS ANGELES -- (BUSINESS WIRE) -- Oct. 1, 1998 -- The board of directors of ERLY
Industries (Nasdaq:ERLYE) Thursday announced that it has elected NANETTE N.
KELLEY as chairman, president and chief executive officer of the company.
On Monday, ERLY filed Chapter 11 Reorganization in Federal Bankruptcy Court
in Corpus Cristi, Texas.
Commenting on the election, Kelley said, "I hope to be able to recover at
least some of the value of this company."
Further, it accepted the resignations of Douglas Murphy as an officer and
director of ERLY, Gerald Murphy as an officer and director of ERLY and Bill
Burgess as a director of ERLY.
ERLY Industries owns as its subsidiary company, Chemonics International, a
company in the infrastructure consulting business based in Washington, D.C.
CONTACT: ERLY Industries NANETTE KELLEY, 504/922-4540 17:59
EDT OCTOBER 1, 1998
