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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): March 14, 2000
MARGO CARIBE, INC.
(Exact name of registrant as specified in this charter)
PUERTO RICO 0-15336
(State or other jurisdiction of (Commission File No.)
incorporation)
66-0550881
(IRS Employer Identification No.)
ROAD 690, KILOMETER 5.8 VEGA ALTA, PUERTO RICO 00692
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (787) 883-2570
(Former Name or Former Address, if changed since last report)
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ITEM 5. OTHER EVENTS
On March 14, 2000, Margo Caribe, Inc. issued a press release, a copy of
which is attached hereto as Exhibit 99.1 and incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORM, FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits
99.1 Press release issued by Margo Caribe, Inc. on
March 14, 2000
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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.
MARGO CARIBE, INC.
By: /s/ Alfonso Ortega
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Alfonso Ortega
Vice President and
Chief Financial Officer
Date: March 14, 2000
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EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION
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99.1 Press release issued by Margo Caribe, Inc. on March 14, 2000
EXHIBIT 99.1
MARGO CARIBE, INC.
P.O. BOX 706
DORADO, PR 00646
NEWS RELEASE
NASDAQ SYMBOL: MRGO
FOR IMMEDIATE RELEASE
CONTACTS: Michael Spector Alfonso Ortega
(787) 883-2570, Ext. 24 (787) 883-2570, Ext. 33
MARGO CARIBE, INC.
ANNOUNCES EXTENSION OF LETTER OF INTENT
TO MERGE WITH ITRACT, LLC
Vega Alta, Puerto Rico, March 14, 2000 - Margo Caribe, Inc. ("Margo") (NASDAQ
Symbol: MRGO) announced today that it signed an extension to its non-binding
letter of intent, dated February 8, 2000, to merge with iTract, LLC, which by
its terms was set to expire on March 9, 2000. As extended, the letter of intent
will now terminate on April 14, 2000. No assurance can be given that the parties
will reach a definitive merger agreement before termination of the letter of
intent or that, if reached, the parties will be able to satisfy the conditions
to the consummation of the merger.
Statements in this release that are not historical facts are "forward
looking" statements and "safe harbor statements" under the Private Securities
Litigation Reform Act of 1995 that involve risks and/or uncertainties, including
risks and/or uncertainties as described in Margo's filings with the Securities
and Exchange Commission.