ITEM 5 - OTHER EVENTS
The Company held its Annual Meeting of Shareholders on October 31, 1998.
Notice of the meeting had been duly given,and a quorum of shareholders
was present either in person or by proxy.
The four nominees for director identified in the Proxy Statement were
elected at the meeting. The names and addresses of the individuals now
comprising TVI's Board of Directors are:
ALLEN E. BENDER 2411 Pimpernel Drive, Waldorf, MD 20603
RUDY J. DIAZ 430 Newport Heights, Alpharetta, GA 30005
MARK N. HAMMOND 2303 Alstead Lane, Bowie, MD 20716
CHARLES L. SAMPLE 11615 Bonaventure Dr, Upper Marlboro, MD 20772
The following proposals set forth in the Proxy Statement were approved
by the shareholders at the meeting:
2. Ratification of appointment of Daniel G. Gilliland, CPA PC to
perform an independent audit of accounts for 1997
3. Increase in number of authorized common shares from 25,000,000
to 35,000,000
4. Approval of Board acts and decisions during the period October
1996 through May 1998
5. Adoption of an Incentive Stock Option Plan with 3,000,000
shares of common stock
No other matters were brought before or voted upon at the meeting.
The Board of Directors held a regular annual meeting on October 31, 1998
and appointed the following officers:
President - Allen Bender
Vice President - Charles Sample
Secretary - Rudy Diaz
Treasurer - Mark Hammond
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.
TVI CORPORATION
By: /s/ Allen E. Bender
Allen E. Bender, President
November 2, 1998
