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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):
February 8, 1999
Bikers Dream, Inc.
(Exact name of issuer as specified in its charter)
California
(State or other jurisdiction of incorporation)
0-15501 33-0140149
(Commission File Number) (IRS Employer Identification No.)
11631 Sterling Avenue, Riverside CA 92503
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (909) 343-1883
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ITEM 5. Other Events
Pursuant to the requirements of Rule 135c(d) promulgated under the
Securities Act of 1933, as amended, attached hereto as Exhibit 99.1 is a copy of
a press release issued by the Registrant on February 8, 1999.
ITEM 7. Financial Statements and Exhibits
(a) Not applicable
(b) Not applicable
(c) The following exhibit is provided in accordance with the
provisions of Item 601 of Regulation S-K:
99.1 Press Release dated February 8, 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.
BIKERS DREAM, INC.
(Registrant)
By: /s/ Herm Rosenman
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Herm Rosenman
Chief Executive Officer
Dated: February 9, l999
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EXHIBIT 99.1
BIKERS DREAM ANNOUNCES THE PRIVATE PLACEMENT OF $1.5 MILLION OF
PREFERRED STOCK
February 8, 1999 - Bikers Dream Inc. (NASDAQ BIKR) today announced the
completion of a private placement of $1.5 million of Series D Preferred Stock.
"This private placement is the first step to improve the Company's working
capital and fund the Company's growth initiatives for 1999," commented Herm
Rosenman, Chairman and CEO. "Such financing will enable us to continue to
increase motorcycle production to meet anticipated demand, to provide working
capital for the growth of the recently launched Ultra Kustom Parts line, and to
fortify order fulfillment requirements for the Company's planned launch of new
e-commerce sites."
Bikers Dream is a manufacturer, distributor and retailer of quality-built
American heavyweight cruiser motorcycles. Corporate headquarters and
manufacturing operations are located in Riverside, California.
The securities offered by the Company have not been registered and may not be
registered under the Securities Act of 1933, as amended, and may not be offered
or sold in the United Sates absent registration or an applicable exemption from
registration requirements.
Certain matters discussed herein are "forward-looking" statements intended to
qualify for the safe harbors from liability in the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements are subject to certain risks
and uncertainties, which could cause actual results to differ materially from
those anticipated as of the date hereof. Specific factors that might cause such
a difference might include, but not be limited to, those referenced by the
Company's 10QSB for the quarter ended September 30,1998. The forward-looking
statements contained herein are only made as of the date hereof and the Company
undertakes no obligation to publicly update such
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forward-looking statements to reflect subsequent events or circumstances.
Contact:
Bikers Dream Inc.
Investor Relations
1-800-927-4730
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