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, as amended (the "Exchange Act")
Date of Report: (Date of earliest reported event:) January 10, 1997
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BASIC NATURAL RESOURCES, INC.
(Exact name of registrant as specified in its charter)
Colorado 33-15097-D 84-1045715
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification
Number)
2450 South Shore Boulevard, Suite 210, Houston Texas 77573
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (281) 334-0708
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BASIC NATURAL RESOURCES, INC.
CURRENT REPORT ON FORM 8-K
TABLE OF CONTENTS
Page
Number
Item 5. Other Events.......................................3
Signatures.........................................4
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Item 5. Other Events
At the Company's Annual Meeting of Shareholders held on January 10, 1997,
the Shareholders approved, by a majority vote, a proposal for amendments to the
Amended and Restated Articles of Incorporation to (i) effect a one-for-sixty
reverse split of all issued and outstanding shares of Common Stock; (change the
par value of the Common Stock from $.00005 to $.003, and reduce the number of
authorized shares of Common Stock from Five Hundred Thirty Six Million to Twenty
Five Million.
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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, thereunto duly authorized.
BASIC NATURAL RESOURCES, INC.
Dated: January 20, 1997 By: /s/ Alan W. Harvey
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Alan W. Harvey, Chairman, President
and Chief Executive Officer
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