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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): November 16, 1995
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Choices Entertainment Corporation
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-17001 52-1529536
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(State or Other Jurisdiction (Commission (IRS Employer
Of Incorporation) File Number) Identification No.)
220 Continental Drive, Suite 102, Newark, Delaware 19713
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (302) 366-8684
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
On November 16, 1995, the Company was served with a complaint filed in the
Court of Common Pleas of Bucks County, Pennsylvania, Civil Action No. 95008281,
seeking a judgment in the amount of $165,548, representing $150,000 of principal
and $15,548 of interest owed by the Company to plaintiff under two 10%
promissory notes, on which the Company is, as previously reported, in default.
On November 30, 1995, the plaintiff agreed to withdraw the lawsuit without
prejudice, pursuant to an agreement wherein the Company made a $30,000 partial
payment to plaintiff and plaintiff agreed not to reinstate the lawsuit for any
remaining balance owing on the notes prior to March 15, 1996. There is no
assurance that the Company will be able to satisfy the remaining balance on or
prior to March 15, 1996.
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SIGNATURES
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.
CHOICES ENTERTAINMENT CORPORATION
(Registrant)
Date: December 4, 1995 By:/s/ Ronald W. Martignoni
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Ronald W. Martignoni
Chief Executive Officer
