UNITED STATES 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: September 19, 1996
COMMISSION FILE NUMBER: 0-19064
NEMDACO, INC.
Exact name of Registrant as specified in its charter
Colorado 84-1027731
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1801 Avenue of the Stars, 6th Floor, Los Angeles CA 90067
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Address of principal executive offices Zip Code
Registrant's telephone number, including area code: (310) 553-7755
Former name, former address and former fiscal year, if changed
since last report: NA
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ITEM : CHANGES TO COMPANY OPERATIONS AND BUSINESS INTERESTS:
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WestGroup Management Resources, Inc.
In August 1996 the Corporation entered into an Assets Purchase Agreement to
acquire all the assets and ongoing business operations of WestGroup Management
Resources, Inc. ("WestGroup") a Nevada company engaged in the manufacture and
distribution of proprietary management and data warehouse software systems. On
September 18, 1996 the Corporation was served notice that WestGroup had
terminated the Asset Purchase Agreement due to failure of the Corporation to
secure an initial financing for WestGroup in strict accordance with the payment
schedules of the Agreement. WestGroup has indicated that it may reinstate the
Asset Purchase Agreement in the event that Corporation is able to evidence to
the satisfaction of WestGroup that such initial financing is available, together
with the Corporation's ability to meet the full financing required under the
Agreement. Corporation will continue in its attempts to secure financing for
this potential acquisition entity, but can not provide any assurance at this
time that it will have success in this endeavor.
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SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereto duly
authorized.
NEMDACO, INC.
(Registrant)
/S/ GARY LARKIN
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By: Gary Larkin
President
Date: September 19, 1996
