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 25, 1997
MRL, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Missouri
(State or Other Jurisdiction of Incorporation)
0-1363 43-0614403
(Commission File Number) (IRS Employer Identification No.)
287 North Lindbergh, Suite 206, St. Louis, MO 63141
(Address of Principal Executive Offices) (Zip Code)
(314) 432-7222
(Registrant's Telephone Number, Including Area Code)
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Item 3. Bankruptcy or Receivership.
(a) The Registrant filed a voluntary petition for bankruptcy, case number
97-48219-399, under Chapter 11 of the United States Bankruptcy Code in
the United States Bankruptcy Court, Eastern District of Missouri (the
"Bankruptcy Court"), on August 25, 1997. Pursuant to the Bankruptcy's
Court's order, the Registrant's existing directors and officers remain
in possession of the Registrant's assets and continue to direct the
Registrant's operations, subject to the supervision and orders of the
Bankruptcy Court.
(b) The Registrant has not submitted a plan of reorganization to the
Bankruptcy for approval.
Item 7. Financial Statements and Exhibits
(a) Not Applicable.
(b) Not Applicable.
(c) See Exhibit Index.
2
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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 hereto duly authorized.
Date: October 21, 1997 MRL. INC.
By: /s/ Larry J. Stallings
---------------------------------
Larry J. Stallings, President
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EXHIBIT INDEX
Exhibit No. Exhibit
99.1 MRL, Inc.'s voluntary petition for
bankruptcy, case number 97-48219-399, under
Chapter 11 of the United States Bankruptcy
Code, which was filed in the United States
Bankruptcy Court, Eastern District of
Missouri, Eastern Division on August 25,
1997.
4
MRL, Inc.
EXHIBIT 99.1
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United States Bankruptcy Court VOLUNTARY
Eastern District of Missouri PETITION
Eastern District
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NAME: (Name of debtor - NAME OF JOINT DEBTOR (Spouse)
If individual, enter: Last, First, (Last, First, Middle)
Middle)
MRL, INC.
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ALL OTHER NAMES used by debtor in the ALL OTHER NAMES)used by joint
last 6 years (inc. married, maiden, debtor in the last 6 years (inc.
and trade names) married, maiden, and trade names)
HESCO
Missouri Research Laboratories
Precision Metals
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SOC. SEC./TAX I.D. NO. SOC. SEC./TAX I.D. NO.
(If more than one, state all) (If more than one, state all)
43-0614403
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STREET ADDRESS OF DEBTOR STREET ADDRESS OF DEBTOR
(No. and street, city, state and zip code) (No. and street, city, state and
287 N. Lindbergh, Suite 206 zip code)
St. Louis, MO 63141-7840
COUNTY OF RESIDENCE/BUSINESS:
COUNTY OF RESIDENCE/BUSINESS:
St. Louis County
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MAILING ADDRESS OF DEBTOR MAILING ADDRESS OF JOINT DEBTOR
(if different from street address) (if different from street address)
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LOCATION OF PRINCIPAL ASSETS OF VENUE (Check one box)
BUSINESS DEBTOR (if other than [X]Debtor has been domiciled or
street address) has had a residence, principal
1258 East Main place of business, or principal
Piggott, AR 72454 assets in this District for 180
days immediately preceding the
date of this petition or for a
longer part of such 180 days than
in any other District.
[ ]There is a bankruptcy case
concerning debtor's affiliate,
general affiliate, general
partner, or partnership pending
in this District.
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INFORMATION REGARDING DEBTOR (Check applicable boxes)
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TYPE OF DEBTOR (Check one box)
[ ] Individual [X] Corporation Publicly Held
[ ] Joint (Husband & Wife) [ ] Corporation Not Publicly Held
[ ] Partnership [ ] Municipality
[ ] Other
-------------------
NATURE OF DEBT (Check one box)
[ ] Non-Business/ [X] Business - Complete A&B below
A. TYPE OF BUSINESS (Check one box)
[ ] Farming [ ] Transportation [ ] Commodity Broker
[ ] Professional [X] Manufacturing/ [ ] Construction
[ ] Retail/Wholes Mining [ ] Real Estate
[ ] Railroad [ ] Stockbroker [ ] Other Business
CHAPTER OR SECTION OF BANKRUPTCY CODE FOR PETITION (Check one box)
[ ] Chapter 7 [x] Chapt [ ] Chapter 13
[ ] Chapter 9 [ ] Chapt [ ] Sec. 304
SMALL BUSINESS (Chapter 11 only)
[ ] Debtor is a small business as defined in 11 U.S.C. ss.101.
[ ] Debtor is and elects to be considered a small business under
11 U.S.C.ss.1121(e). (opt'l)
FILING FEE (Check one box)
[X] Filing fee attached
[ ] Filing fee to be paid in installments. (Applicable to individuals
only.) Must attach signed application for the court's consideration
certifying that the debtor is unable to pay fee except in
installments. Rule 1006(b); see Official Form No. 3
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BRIEFLY DESCRIBE NATURE OF BUSINESS
Sheet Metal Fabrication
NAME AND ADDRESS OF LAW FIRM OR ATTORNEY
Goldstein & Vouga, P.C.
121 Hunter Ave., Suite 101
St. Louis, MO 63124
Telephone No: (314) 727-1717
NAME(S) OF ATTORNEY(SD) DESIGNATED TO REPRESENT THE DEBTOR
Steven Goldstein 24807
Susan M. Spraul 42159
[ ] Debtor is not represented by an attorney.
Telephone No. of Debtor not represented by an attorney:
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STATISTICAL/ADMINISTRATIVE INFORMATION (28 U.S.C.ss.604)
(Estimates only)( Check applicable boxes
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[ ] Debtor estimates that funds will be available for distribution to
unsecured creditors.
[ ] Debtor estimates that, after any exempt property is excluded and
administrative expenses paid, there will be no funds available for
distributiont to unsecured creditors.
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THIS SPACE FOR COURT USE ONLY
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ESTIMATED NUMBER OF CREDITORS
1-15 15-49 50-99 100-199 200-299 1000-over
[ ] [ ] [ ] [ ] [X] [ ]
ESTIMATED ASSETS (in thousands of dollars)
Under 50 50-99 100-499 500-999 1000-9999 10,000-99,000 100,000-over
[ ] [ ] [ ] [ ] [X] [ ] [ ]
ESTIMATED LIABILITIES (in thousands of dollars)
Under 50 50-99 100-499 500-999 1000-9999 10,000-99,000 100,000-over
[ ] [ ] [ ] [ ] [X] [ ] [ ]
EST. NO. OF EMPLOYEES - CH. 11 & 12 ONLY
0 1-19 20-99 100-999 1000-over
[ ] [ ] [ ] [ ] [ ]
EST. NO. OF EQUITY SECURITY HOLDERS - CH. 11 & 12 ONLY
0 1-19 20-99 100-999 1000-over
[ ] [ ] [ ] [ ] [X]
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FORM 1. VOLUNTARY PETITION - Page 2 Name of Debtor(s): MRL, Inc.
Case Number: -----
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FILING OF PLAN
For Chapter 9, 11, 12 and 13 cases only. Check appropriate box.
[ ] A copy of debtor's proposed plan dated _____________
[X] Debtor intends to file a plan within the time allowed by statute,
rule or order of the court.
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PRIOR BANKRUPTCY CASE FILED WITHIN LAST 6 YEARS (if
more than one, attach additional sheet)
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Location Where Filed Case Number Date Filed
NONE
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PENDING BANKRUPTCY CASE FILED BY ANY SPOUSE, PARTNER,
OR AFFILIATE OF THE DEBTOR (if more than one, attach additional sheet)
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Name of Debtor Case Number Date
NONE
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Relationship District Judge
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REQUEST FOR RELIEF
Debtor is eligible for and requests relief in accordance with the chapter
of title 11, United States Code, specified in this petition.
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SIGNATURES
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ATTORNEY
x__________________________________________ _________________________
Date
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INDIVIDUAL/JOINT DEBTOR(S) CORPORATE OR PARTNERSHIP DEBTOR
I declare under penalty of perjury I declare under penalty of perjury
that the information provided in that the information proided in this
this petition is true and correct. petition is true and correct and that
I have been authorized to file this
petition on behalf of the debtor.
x_Not Applicable_______________________ x_____________________________________
Signature of Debtor Signature of Authorized Individual
______________________ ___Larry J. Stallings_________________
Date Print or Type Name of Authorized
Individual
x_Not Applicable_______________________ ___President__________________________
Signature of Joint Debtor Title of Individual Authorized by
Debtor to File this Petition
- ---------------------- --------------------------
Date Date
If the debtor is a corporation filing
under chapter 11, Exhibit "A" is
attached and made part of this
petition.
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TO BE COMPLETED BY INDIVIDUAL CHAPTER 7 DEBTOR WITH
I am aware that I may proceed under chapter 7, 11, 12, or 13 of title 11, United
States Code, undertstand the relief available under such chapter, and choose
to proceed under chapter 7 of such title. I am represented by an attorney,
Exhibit "B" has been completed.
x__Not Applicable_______________________________________________________________
Signature of Debtor Date
x__Not Applicable_______________________________________________________________
Signature of Debtor Date
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EXHIBIT "B"
(To be completed by attorney for individual chapter 7 debtor(s) with
primarily consumer debts.)
I, the attorney for the debtor(s) named in the foregoing petition, declare that
I have informed the debtor(s) that (he, she, or they) may proceed under chapter
7, 11, 12, or 13 of title 11 United States Code, and have explained the relief
available under such chapter.
x__Not Applicable_______________________________________________________________
Signature of Attorney Date
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CERTIFICATION AND SIGNATURE OF NON-ATTORNEYPRIMARILY CONSUMER DEBTS
BANKRUPTCY PETITION PREPARER (See U.S.C.ss.110)
__Not Applicable_______________________________________________________________
_ Print or Typed Name of Bankruptcy Petition Preparer
__Not Applicable________________
Social Security Number
_______________________________________________________________________________
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Address
- ----------------------------
Telephone
Name and Social Security number of all other individuals who prepared or
assisted in preparing this document:
Not Applicable
If more than one person prepared this document, attach additional signed sheets
conformint to the appropriate Office Form for each person.
x__Not Applicable_____________________________
Signature of Bankruptcy Petition Preparer
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UNITED STATES BANKRUPTCY COURT
Eastern District of Missouri
Eastern Division
In re: MRL, Inc. Case No.
43-0614403
Chapter 11
Exhibit "A" to Voluntary Petition
1. Debtor's employer identification is 43-0614403.
2. If any of debtor's securities are registered under section 12 of the
Securities and Exchange Act of 1934, the SEC file number is 0-1363.
3. The following financial data is the latest available information and
refers to debtor's condition on August 15, 1997.
a. Total assets $937,000.00
b. Total liabilities 2,142,152.76
Approximate
number of
holders
Fixed, liquidated secured debt 1,093,226.00 5
Contingent secured debt 0.00 0
Disputed secured claims 0.00 0
Unliquidated secured debt 0.00 0
Approximate
number of
holders
Fixed, liquidated unsecured debt 1,048,926.76 286
Contingent unsecured debt 0.00 0
Disputed unsecured claims 0.00 0
Unliquidated unsecured debt 0.00 0
Number of shares of preferred stock 0 0
Number of shares of common stock 3,680,862 2,000
Comments, if any:
4. Brief description of debtor's business:
Sheet Metal Fabrication
5. List the name of any person who directly or indirectly owns, controls,
or holds, with power to vote, 20% or more of the voting securities
of debtor:
Western Diesel, Inc.
101 S. Hanley, Suite 1910
St. Louis, MO 63105
6. List the names of all corporations with 20% or more of the outstanding
voting securities of which are directly or indirectly owned,
controlled, or held, with power to vote, by debtor:
None
