SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
October 28, 1997
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Date of Report (Date earliest event reported)
VALUE HOLDINGS, INC.
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(exact name of registrant as specified in its charter)
FLORIDA
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(State or other jurisdiction of incorporation)
0-15076 59-2388734
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(Commission File Number) (Employer Identification
2307 Douglas Road, Ste 400, Miami, Fla 33145
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(Address of principal executive offices) (Zip Code)
(305) 447-8801
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(Registrant s phone number including area code)
N/A
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(Former name or former address, if changed since last report)
Item 4. Change in Fiscal Year
The Company has changed its fiscal year so that the fiscal
year end is October 31. This action being necessary so that the
company s year coincides with that of its unconsolidated subsidiary
Forest Hill Capital Corporation, thus avoiding duplicative
accounting and legal fees in conjunction with the preparation of
year end statements and regulatory filings. Additionally, this will
help the company comply more easily with regulatory requirements in
providing audited financial statements.
The company will file a transition report on form 10-KSB for the
period March 1, 1997 through October 31, 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 hereunto duly authorized.
VALUE HOLDINGS, INC,
By /s/ Alison Cohen
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Alison Cohen
President
Date: October 28, 1997
