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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: December 13, 1996
Fifth Dimension Inc.
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(Exact Name of Registrant as Specified in Charter)
New Jersey 02532 21-0717490
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(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification
incorporation) Number)
801 New York Avenue, Trenton, New Jersey 08638-3982
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(Address of Principal Executive Office) (Zip Code)
Registrant's Telephone Number, including Area Code:
(609) 393-8350
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Item 5: Other Events
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Kearfott Guidance and Navigation has advised Fifth Dimension that, as a
result of further sample test failures, it will not accept further shipments of
the Company's IMU Slip Rings until the problem is resolved. As a result, the
Company has suspended production of the 140 IMU Slip Rings remaining to be
shipped under the Kearfott contract. Meetings are scheduled next week to attempt
to determine the source of the test failures. As the Company noted in its
Form 10-QSB for the quarter ended September 30, 1996, with respect to earlier
test failures from a different production lot, the failures may be the result of
problems with the testing or with the units themselves. In addition to the 140
units remaining to be shipped, which are in various stages of manufacture, the
test failures have occurred in lots of about 290 units previously delivered to
Kearfott. The total value of these 430 units is approximately $1.50 million. If
the units are found to be defective, and if the problem cannot easily be
identified and fixed, the Company could be required to incur very substantial
expenses with respect to these units.
Exhibits: None
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Fifth Dimension Inc.
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(Registrant)
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By: Craig Ebner
Its: President
Chief Executive Officer
