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): January 12, 1998
POLYMERIX, INC.
(Exact name of Registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
0-17315 33-0245160
(Commission File Number) (IRS Employer Identification No.)
2076 Fifth Avenue, Ronkonkoma, New York 11779
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (516) 471-7777
Item 3. Bankruptcy or Receivership
On January 12, 1998 Polymerix, Inc.(the "Company") and its wholly owned
subsidiary, Trimax of Long Island, Inc. filed voluntary petitions for
reorganization under Chapter 11 of the Federal Bankruptcy Code in the United
States Bankruptcy Court for the Eastern District of New York, Hauppauge, before
the Honorable Melanie L. Cyganowski.
On January 23, 1998, the Company issued a press release, a copy of which is
filed as an Exhibit to this Form 8-K.
Exhibit No. Description of Exhibit
99 Press Release.
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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.
POLYMERIX, INC.
By: \S\ Anthony Noto
Name: Anthony Noto
Title: President
Dated: January 27, 1998
<PAGE>
Ronkonkoma, NY, January 23, 1998--Polymerix, Inc. (OTCBB-PLXX) and its wholly
owned subsidiary, Trimax of Long Island, Inc. annaounced today that they had
filed voluntary petititions for reorganization under Chapter 11 of the Federal
Bankruptcy Code in the United States Bankruptcy Court for the Eastern District
of New York, Hauppauge, before the Honorable Melanie L. Cyganowski.
Trimax of Long Island, Inc. is engaged in the business of manufacturing plastic
lumber from recyclable plastic waste. Polymerix, Inc. is the holder of the
patents utilized by Trimax.
The debtors indicated that IMP Properties Corporation--NY, a pre-petition
secured lender to the debtors, has agreed to continue funding Trimax's
operations on an interim basis, subject to court approval.
For further information, contact Mr. Anthony Noto at (516) 471-7777.
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