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): August 7, 1998
INTERNATIONAL THOROUGHBRED BREEDERS, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-9624 22-2332039
(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
Route 70 and Haddonfield Road
Cherry Hill, New Jersey 08034
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (609) 488-3838
Item 5. Other Events
Effective August 7, 1998, International
Thoroughbred Breeders, Inc.'s ("ITB" or the "Company")
Common Stock, par value $2.00 per share (the "Common
Stock"), and its Series A Convertible Preferred Stock, par
value $100.00 per share (the "Preferred Stock"), were
delisted from the American Stock Exchange ("AMEX"). Neither
the Common Stock nor the Preferred Stock has been traded on
AMEX since October 13, 1997 when they were suspended because
the Company had not filed its Annual Report on Form 10-K for
the fiscal year ended June 30, 1997 (the "1997 Form 10-K")
within the Securities and Exchange Commission's ("SEC")
prescribed time period. The Company has since filed the
1997 Form 10-K and is current on all of its current and
periodic filings with the SEC.
Application is being made to initiate quotation of
the Common Stock and the Preferred Stock on the OTC Bulletin
Board. In the interim, the securities are listed for
quotation on the NQB Pink Sheets.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits.
None
SIGNATURE
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
thereunto duly authorized.
Dated: August14, 1998 INTERNATIONAL
THOROUGHBRED
BREEDERS, INC.
By/s/Nunzio P. DeSantis,
Nunzio P. DeSantis,
President and
Chief Executive Officer
