SECURITIES AND EXHANGE COMMISSION
WASHINGTON, D.C.
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
June 3, 1997
Date of report (date of earliest event reported)
Fountain Powerboat Industries, Inc.
(Exact Name of Registrant as Specified in its Charter)
Nevada 0-10316 56-1774895
(State or Other (Commission (IRS Employer Iden-
Jurisdiction of File Number) tification Number)
Incorporation)
1653 Whichard's Beach Road
P.O. Drawer 457
Washington, NC 27889
(Address of Principal Executive Offices)
(919) 975-2000
(Registrant's Telephone Number,
Including Area Code)
N/A
(Former Name, or Former Address
if Changed Since Last Report)
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Item 5. Other.
In a letter dated June 3, 1997, Mr. Gary D. Garbrecht
resigned as a Director of the Registrant and the Registrant's
subsidiaries. Mr. Garbrecht's resignation was effective June 3,
1997.
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.
Dated: June 5, 1997 FOUNTAIN POWERBOAT INDUSTRIES, INC.
By: /s/ Allan L. Krehbiel
Allan L. Krehbiel
Vice President, Chief Financial
Officer, and Designated
Principal Accounting Officer
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