<PAGE> 1
UNITED STATES
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): AUGUST 4, 1997
TECHKNITS, INC.
(Exact name of registrant as specified in its charter)
New York 1-9542 11-2343548
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
10 Grand Avenue, Brooklyn, New York 11205
(Address of principal executive offices) (Zip Code)
(718) 875-3299
(Registrant's telephone number, including area code)
1
<PAGE> 2
Item 3.
On August 1, 1997, the Registrant Filed a petition under Chapter 11 of the
Bankruptcy Code in the United States Bankruptcy Court, for the Eastern District
of New York. No Receiver or Trustee has been appointed with respect to the
assets of the Registrant. The Registrant continues to be in possession of its
assets as a Debtor-in-Possession. The Bankruptcy Judge presiding over the
proceeding is Judge Laura Taylor-Swaine and the case number is 197-18616-575.
<PAGE> 3
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TECHKNITS, INC.
/s/ SIMON TAUB
-------------------------
Dated: August 4, 1997 Simon Taub, President
