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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): September 1, 1998
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OptimumCare Corporation
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(Exact name of registrant as specified in its charter)
Delaware 0-17401 33-0218003
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
30011 Ivy Glenn Drive, Suite 219, Laguna Niguel, CA 92677
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (714) 495-1100
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Not Applicable
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(Former name or former address, if changed since last report)
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ITEM 1. CHANGES IN CONTROL OF REGISTRANT.
Not applicable.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
Not applicable.
ITEM 3. BANKRUPTCY OR RECEIVERSHIP.
Not applicable.
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
Not applicable.
ITEM 5. OTHER EVENTS.
Stock Repurchase Program. On September 1, 1998 Board of Directors of the
Company amended a plan whereby the Registrant may purchase through open
market transactions an additional 500,000 shares of its common stock
over the next twelve months. The Company intends to commence purchasing
shares of its common stock on or after September, 1998. All such
purchases are intended to be in compliance with Rule 10b-18 under the
Securities Exchange Act of 1934, as amended.
ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS.
Not applicable.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Not applicable.
ITEM 8. CHANGE IN FISCAL YEAR.
Not applicable.
ITEM 9. SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S.
Not applicable.
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SIGNATURE
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.
OptimumCare Corporation
(Registrant)
Date: September 1, 1998 By: /s/ EDWARD A. JOHNSON
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Edward A. Johnson, Chairman of the
Board and Principal Financial
Officer
