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): January 17,
2000 (January 17, 2000)
HUDSON'S GRILL OF AMERICA, INC.
(Exact name of Registrant as specified in its Charter)
California
(State or other jurisdiction of incorporation)
0-13642
(Commission or File Number)
95-3477313
(IRS Employer Identification Number)
16970 Dallas Parkway, Suite 402, Dallas, Texas 75248
(Address of Principal Executive Offices)
Registrant's telephone number, including area code:
(972) 931-9237
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Item 5. Other Events.
Hudson's Grill of America, Inc. (the "Company"), a California
corporation based in Dallas, Texas, announced that it had entered
into discussions with the major creditors of one of its
subsidiaries, Hudson's Grill of Richardson, Inc.("HGR"), to sell
the subsidiary to them. The Company offered to sell all of its
stock in HGR to Clifford J. Osborn and David L. Osborn; the
Osborns loaned HGR most of the money that was needed to construct
and open the restaurant operated by HGR in Dallas (Richardson),
Texas.
Discussions are continuing with the Osborns.
Item 7. Exhibits.
1. Press Release dated January 17, 2000, regarding
discussions to sell the Company's Richardson restaurant to David
L. Osborn and Clifford J. Osborn.
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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 hereunto duly authorized.
Date: January 17, 2000
HUDSON'S GRILL OF AMERICA, INC.
Registrant
s/s Robert W. Fischer
Robert W. Fischer
f\sec\000117.O01
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Hudson's Grill of America, Inc. For Immediate Release
16970 Dallas Parkway Contact: Robert Fischer
Suite # 402 Telephone: 214-361-7301
Dallas, Texas 75248-1928 e-mail: [email protected]
Hudson's Grill Announces Discussions
to Sell its Hudson's Grill of Richardson, Inc. Subsidiary
Monday, January 17, 2000
Dallas, TX -- Hudson's Grill of America, Inc., based in Dallas,
Texas, announced today that it had entered into preliminary
discussions to sell its Hudson's Grill of Richardson, Inc.
subsidiary ("HGR") to David L. Osborn and Clifford J. Osborn. The
Osborn's are the largest creditors of HGR and loaned most of the
money to HGR to help it get constructed and opened. The Osborn's
have had a long history of building and operating restaurants
throughout the states of Texas, Oklahoma and New Mexico.
Hudson's Grill of America is publicly traded over the counter
under the NASDAQ symbol HDSG.
