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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): December 19, 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.
The Company has been threatened with litigation in connection with certain
prior purchases of the Company's Common Stock. The Company does not believe that
there is any merit to the claim, which is in excess of $325,000, exclusive of
attorneys' fees. However, if legal proceedings were instituted and the Company
was unsuccessful in defending such a lawsuit, an award of damages in the amount
claimed would materially and adversely effect the Company's business.
Furthermore, even if the Company was successful in defending such a lawsuit, the
cost alone in professional fees to defend such a lawsuit could materially and
adversely effect the Company's business.
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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 29, 1995 By:/s/ Ronald W. Martignoni
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Ronald W. Martignoni
Chief Executive Officer