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UNITED STATES
Securities and Exchange Commission
Washington, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: May 3, 1996
JAYARK CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 0-3255
(State or other jurisdiction of incorporation) (Commission File Number)
13-1863419
(IRS Employer Identification No.)
Post Office Box 741528, Houston, Texas 77274
(Address of principal executive offices ) (Zip Code)
(713) 783-9184
(Registrant's telephone number, including area code)
(Former name, former address and fiscal year, if changed since last report.)
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Item 5. Other Events
The Registrant has abandoned its investment in, and written off its advances to
LCL International Traders, Inc. ("LCL") and, as a result, has recorded a pre-tax
charge of approximately $4.5 million in the quarter and nine-month periods ended
January 31, 1996. The Registrant has abandoned its investment in LCL due to the
rapid and significant deterioration in the LCL business, and LCL's inability to
secure continuing financing with its lending institution.
This filing amends the Registrant's 8-K and 8-K/A1 each dated June 27, 1995.
Because the investment has been abandoned, no financial data concerning this
investment will be submitted.
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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 thereunto duly authorized.
JAYARK CORPORATION
Registrant
Date: May 3, 1996
David L. Koffman, President
Chairman of the Board
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