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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):
APPLIED RESEARCH CORPORATION
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(Exact name of registrant as specified in its charter)
COLORADO 01-10076 86-0585693
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(State or other (Commission file number) (Employer
incorporation) Identification No.)
8201 Corporate Drive, Suite 1120, Landover, MD 20785
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (301) 459-8442
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(Former name or former address, if changed since last report)
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ITEM 3: BANKRUPTCY OR RECEIVERSHIP.
On April 2, 1996, Applied Research of Maryland, Inc., a Maryland
corporation ("ARM"), and a wholly-owned subsidiary of Applied Research
Corporation, a Colorado corporation (the "Parent Corporation" or
"Registrant"), filed a voluntary petition for relief under Chapter 11 of the
Bankruptcy Code in the United States Bankruptcy Court, District of Maryland
(the "Court"), Case Number 96-12425. At the time of filing, on a consolidated
basis, ARM's assets represented substantially all of the Registrant's assets,
and ARM's revenues represented nearly ninety-four percent (94%) of the
Registrant's total revenues. ARM will continue to operate as debtor in
possession with existing management subject to the supervision and orders of
the Court.
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SIGNATURE
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.
APPLIED RESEARCH CORPORATION
Dated: 4/17/96 By: /s/ Dr. S.P.S. Anand
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Dr. S.P.S. Anand, President
