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 earliest event reported) October 12, 2000
Worksafe Industries Inc.
(Exact name of registrant as specified in charter)
New York 01-06855 11-1874010
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification
Number)
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130 West 10th Street, Huntington Station, New York 11746
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (516) 428-1802
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(Former name or former address, if changed since last report.)
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Item 5. Other Events.
The registrant is experiencing a delay in finalizing its year-end results
due to a significant difference in its ending inventory valuation as compared to
its General Ledger balance. This difference is estimated to be between $1.5 and
$1.75 million, which will approximate the difference in results from continuing
operations for fiscal 2000 as compared to fiscal 1999. As a result of the
foregoing, the Registrant will not be filing its Form 10K for its year ended
June 30, 2000 for approximately 30 days while it ascertains the status of the
foregoing.
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.
Dated: October 12, 2000
WORKSAFE INDUSTRIES INC.
By: /s/ Arthur Wasserspring
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ARTHUR WASSERSPRING
Vice-President of
Finance, Treasurer
and Chief Financial
Officer
