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) July 12, 1999
DCC Acquisition Corporation
(Exact name of registrant as specified in its charter)
Nevada 0-1426 59-2262718
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
211 West Wall, Midland, Texas 79701
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (915) 682-1761
not applicable
(Former name or former address, if changed since last report.)
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Item 5. Other Events.
In a Form 8-K Current Report filed by DCC Acquisition Corp. (the
"Company") as of June 8, 1999 the Company announced its acquisition of all of
the issued and outstanding common shares of New Cinema Partners Inc. ("NCP") in
consideration of and in exchange for common stock of the Company issued from
treasury (the "Acquisition Transaction"), which transaction constituted a change
in control of the Company.
The Company's announcement of the Acquisition Transaction and the
filing of the Form 8-K Current Report in respect thereof were premature. The
Acquisition Transaction has not been, and will not be, consummated. The board of
directors of the Company did not approve, authorize or ratify the Acquisition
Transaction. Due to mis-communication between representatives of NCP and its
shareholders and the agent for the Company, NCP and its shareholders were of the
view that all requisite approvals and authorizations in respect of the
Acquisition Transaction had been obtained and all other conditions precedent to
the completion of the Acquisition Transaction satisfied and, accordingly, the
Form 8-K Current Report was filed in accordance with applicable law.
The Company will continue its efforts to locate and combine with an
existing, privately-held company that is profitable or, in management's view,
has growth potential, irrespective of the industry in which it is engaged. There
has been no change in the executive officers and directors of the Company from
that reported in the Company's Form 10-KSB Annual Report filed as of March 19,
1999.
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: July 12, 1999 DCC Acquisition Corp.
(Registrant)
By: /s/ Glenn A. Little
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Name: Glenn A. Little
Title: President
