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) September 27, 1996
-----------------------
NEVADA ENERGY COMPANY, INC.
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 0-14873 84-0897771
- --------------------------------------------------------------------------------
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation File Number) Identification No.)
401 East Fourth Street, Reno, NV 89512
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (702) 786-7979
-----------------------------
- --------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
<PAGE>
NEVADA ENERGY COMPANY, INC.
INDEX
ITEM NUMBER AND CAPTION PAGE NUMBER
- ----------------------- -----------
Item 5. Other Events . . . . . . . . . . . . . . . . . . . . . . . 1
Item 7. Exhibit - News Release . . . . . . . . . . . . . . . . . . 2
i
<PAGE>
ITEM 5. Other Events.
On September 27, 1996, the Company announced the appointment on September 26,
1996 of Stefan N. Tevis as its acting President replacing Jeffrey E. Antisdel.
Additionally, Richard A. Cascarilla has been replaced as Secretary and Treasurer
by Kenton H. Bowers. The Company intends to continue working with Mr. Antisdel
and Mr. Cascarilla consulting on the expansion and development of the Company's
energy division.
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 thereunto duly authorized.
NEVADA ENERGY COMPANY, INC.
/s/ Stefan N. Tevis
-----------------------------
Stefan N. Tevis, President
Date September 27, 1996
------------------------
1
PRESS RELEASE
Santa Barbara, CA
Nevada Energy Company Announces
-------------------------------
Executive Changes and Acquisition Plans
---------------------------------------
Nevada Energy Company, Inc. (NASDAQ: NNRGA), announced today the
appointment of a new President, and the advancement of its consolidation of its
energy business and greater focus on acquisitions in the telecom arena.
The Board of Directors has appointed Stefan N. Tevis as its acting
President replacing Jeffrey E. Antisdel. Mr. Tevis said, "Jeff Antisdel has
guided the Company through the last several years and represented the
shareholders' interests with great determination, foresight and integrity."
"Under Mr. Antisdel's stewardship, the Company has stabilized its wind and
geothermal business and positioned itself to expand in other lucrative niche
areas, while growing the core asset base." "He has overseen the implementation
of a sound capital raising structure through private placement and, during the
last six months, Jeff has postured the Company and planned the orderly
utilization of those investment dollars to expand to the next level."
Nevada Energy Company continues to receive its capital infusion according
to the funding schedule announced on May 1, 1996. During October, the Company
expects to acquire TADS and the other wind energy assets, and at the same time,
proceed with the acquisition of further telecom assets.
<PAGE>
Nevada Energy Company Announces
-------------------------------
Executive Changes and Acquisition Plans
---------------------------------------
Page 2
------
Additionally, Richard Cascarilla has been replaced as Secretary and
Treasurer, by Kenton H. Bowers. The Company intends to continue working with Mr.
Antisdel and Mr. Cascarilla consulting on the expansion and development of the
Company's energy division.
The Board of Directors expressed their gratitude to Mr. Cascarilla and Mr.
Antisdel for their past and continuing support of the Company's growth. Mr.
Tevis, 41, was previously Chairman of Contract Multi-media Specialists, Inc.,
and has investments in publishing, advertising and telecom companies. Mr. Tevis
resides in Santa Barbara California, where the Company's new headquarters are to
be located by mid-October.
For information contact Stefan Tevis (800) 555-0796.
