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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): August 25, 1999
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GHS, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-15586 52-1373960
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(State or other (Commission (I.R.S.Employer
jurisdiction) File Number) Identification No.)
65 Broadway, 7th Floor, New York, New York 10006
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 430-6430
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(Former name and former address, if changed since last report)
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Item 5. Other Events
On August 25, 1999, GHS, Inc., a Delaware corporation ("GHS"),
announced the declaration of a dividend on its common stock in order to effect
the spinoff of its wholly-owned subsidiary, U.S. NeuroSurgical Inc. GHS has
established September 8, 1999 as the record date for stockholders entitled to
receive one (1) share of U.S. NeuroSurgical common stock for each one (1) share
of GHS common stock held at the close of business on such record date. GHS
expects that stock certificates in respect of such spinoff dividend will be
mailed to stockholders on or about September 17, 1999.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
Ex. No. Description
99(a) Press Release issued August 25, 1999
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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.
GHS, INC.
By: /s/ Beth Polish
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Name: Beth Polish
Title: President
Dated: August 25, 1999
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Ex. 99(a)
FOR IMMEDIATE RELEASE Contact: Alan Gold
(301) 208-8998
GHS, Inc. Announces Record Date for Spinoff of
Its U.S. NeuroSurgical Subsidiary
Rockville, MD (August 25, 1999) -- GHS, Inc. (GHSI: OTCBB) today announced the
declaration of a dividend on its common stock in order to effect the spinoff of
its wholly-owned subsidiary, U.S. NeuroSurgical, Inc. GHS has established
September 8, 1999 as the record date for stockholders entitled to receive one
(1) share of U.S. NeuroSurgical common stock for each one (1) share of GHS
common stock held at the close of business on such record date. GHS expects that
stock certificates in respect of such spinoff dividend will be mailed to
stockholders on or about September 17, 1999. U.S. NeuroSurgical owns and
operates stereotactic radiosurgery centers utilizing the Leksell Gamma Knife.
GHS plans to offer an online network focused on personal and professional
improvement.
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Statements in this press release, other than statements of historical
information, are forward-looking statements that are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that forward-looking statements are inherently
uncertain. Actual performance and results may differ materially from the
projected or suggested herein due to certain risks and uncertainties including,
without limitation, the risks associated with the ability to consummate the
transactions set forth above, management of growth, and competition, as well as
operating risks. Those and other risks are described in the Company's filings
with the Securities and Exchange Commission (SEC) over the last 12 months,
copies of which are available from the SEC or may be obtained upon request from
the Company.
