DCX INC
8-K, 1997-01-29
ELECTRONIC COMPONENTS, NEC
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                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549


                                    FORM 8-K


                                 CURRENT REPORT


       Pursuant to Section 13 or 15(d) of the Securities Exchange of 1934



                         Date of Report January 15, 1997


                                    DCX, Inc.
             (Exact name of registrant as specified in its charter)



    Colorado                         0-14273                   84-0868815
(State of                         (Commission                 (IRS Employer
incorporation)                   File Number)               Identification No.)



3002 North State Highway 83, Franktown, CO                       80116-0569
(Address of principal executive offices)                         (Zip Code)



        Registrant's telephone number, including area code (303) 688-6070





                                 Not Applicable
          (Former name or former address, if changed since last report)


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<PAGE>

Item 5, Other Events.


The Company  reports that it entered into a 12 month  consulting  agreement with
Transition Partners Limited of Boulder, Colorado on January 15, 1997.

Transition  Partners  Limited  (TPL) is a  consulting  firm with  experience  in
turnaround situations, mergers and acquisitions, and in capital formation.

Under the terms of the  agreement,  TPL will act in an advisory  capacity to the
Board of Directors of DCX and assist the Company in strategic planning,  capital
planning and formation,  corporate development and merger/acquisition  services.
The agreement  provides for a monthly retainer fee and for the issue of warrants
for the purchase the Company's  common stock equal to five percent of the shares
outstanding on January 15, 1997 at a price of $1.00 per share. The warrants will
have an expiration  date five years from the engagement  date. In addition,  TPL
will  receive a "success  fee" equal to five percent of total  capital,  debt or
equity, procured for the Company by TPL.


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<PAGE>



                                   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.

                                             DCX, Inc.
                                             (Registrant)


January 29, 1997                            /S/  FREDERICK G. BEISSER
                                                --------------------------------
                                                      (Signature)
                                                    Frederick G. Beisser
                                                Secretary, Treasurer &
                                                Chief Financial Officer





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