UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
OF 1934
Date of Report: June 1, 1999
Electro-Catheter Corporation
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(Exact name of Registrant as specified in Charter)
New Jersey 0-7578 22-1733406
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(State of Incorporation) (Commission File (IRS Employer ID
Number) Number)
2100 Felver Court, Rahway, New Jersey 07065
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number
Including Area Code: 732-382-5600
<PAGE>
Item 3. Bankruptcy or Receivership
On May 14, 1999, Electro-Catheter Corporation sought protection pursuant to
the provisions of Chapter 11 of the Federal Bankruptcy Code. The Chapter 11
proceeding was filed in the United States Bankruptcy Court for the District of
New Jersey in Trenton, NJ, Case No. 99-55736/SAS.
Ravin, Greenberg and Marks, P.A. of Roseland, New Jersey is representing
the Company in its Chapter 11 proceeding.
A plan of reorganization is currently being developed.
Item 7. Exhibits.
20.1 Press Release dated May 17, 1999.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed in its behalf by the
undersigned thereunder duly authorized.
ELECTRO-CATHETER CORPORATION
(Registrant)
By/s/Ervin Schoenblum
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Ervin Schoenblum
Acting President and Chief Operating Officer
Dated: June 1, 1999
EXHIBIT 20.1
FOR IMMEDIATE RELEASE
Rahway, New Jersey, May 17, 1999; Electro-Catheter Corporation announced
today that it has sought protection pursuant to the provisions of Chapter 11 of
the Federal Bankruptcy Code. The Chapter 11 proceeding was filed in the United
States Bankruptcy Court for the District of New Jersey in Trenton, New Jersey on
May 14, 1999. Ravin, Greenberg & Marks, P.A. of Roseland, New Jersey is
representing the Company in its Chapter 11 proceeding.
On May 13, 1999, Electro-Catheter Corporation suspended the production of
catheters until further notice. The Company continues to ship catheters from its
inventory.
Electro-Catheter Corporation designs, develops, manufactures and markets a
broad line of catheters and catheter-related products utilized in connection
with the diagnosis and treatment of illnesses of the heart and circulatory
systems.
Electro-Catheter Corporation stock is traded on the OTC Bulletin Board
under the symbol ECTH.
For additional information contact Arlene Bell, Public Relations at (732)
382-5600.
