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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13
or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported): MAY 20, 1996
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MARGO NURSERY FARMS, INC.
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(Exact name of registrant as specified in this charter)
FLORIDA 0-15336 59-2807561
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(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation Identification No.)
ROAD 690, KILOMETER 5.8 VEGA ALTA, PUERTO RICO 00692
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (787) 883-2570
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ITEM 5. OTHER EVENTS
On May 20, 1996, Margo Nursery Farms, Inc., announced that it had entered
into an agreement with the Puerto Rico Department of Transportation to provide
palms, trees and flowering scrubs for planting and beautification of Highway No.
3 from the Municipality of Carolina to the Municipality of Fajardo. The contract
is for a term of one year and provides for the sale of approximately $820,000 in
palms, trees and flowering scrubs.
ITEM 7. FINANCIAL STATEMENTS, PRO FORM, FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits
99 Press Release dated May 20, 1996.
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2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant had duly caused this report to be signed on its behalf of the
undersigned thereunto duly authorized.
MARGO NURSERY FARMS, INC.
By: /s/ ALFONSO ORTEGA
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Alfonso Ortega
Vice President, Treasurer and
Chief Financial Officer
Date: May 22, 1996
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EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION PAGE
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99 Press Release dated May 20, 1996
EXHIBIT 99
MARGO NURSERY FARMS INC.
NEWS RELEASE
NASDAQ SYMBOL: MRGO
FOR IMMEDIATE RELEASE CONTACTS: MICHAEL J. SPECTOR OR
ALFONSO ORTEGA
(787) 883-2570
MARGO NURSERY FARMS, INC. ANNOUNCES
CONTRACT AGREEMENT WITH THE COMMONWEALTH OF
PUERTO RICO DEPARTMENT OF TRANSPORTATION
VEGA ALTA, PUERTO RICO, MAY 20, 1996 - Margo Nursery Farms, Inc., (the
"Company") NASDAQ SYMBOL: MRGO), announces today that it has signed a contract
with the Commonwealth of Puerto Rico's Department of Transportation to provide
palms, trees, and flowering shrubs for the planting and beautification of
Puerto Rico Highway 3 from the city of Carolina to Fajardo.
The term of the contract is one year and is valued at approximately $820,000.
The company will begin shipping products immediately. The Company expects this
contract to have a positive impact on future earnings and revenues during the
current fiscal year.
Margo Nursery Farms, Inc. is engaged in the business of growing and distributing
a wide range of both indoor and outdoor tropical foliage and flowering plants
in Miami, Florida and Vega Alta, Puerto Rico. The Company is also engaged in
the sale of lawn and garden products and the provision of landscaping services
for Puerto Rico and the Caribbean.
P.O. BOX 706, DORADO, PUERTO RICO 00646
CARRETERA 690, KM. 5.8 VEGA ALTA, PUERTO RICO 00762
(809) 883-2570 (809) 728-3342
FAX: (809) 883-3244
