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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 24, 1997
SCRIPTEL HOLDING, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-20938 31-1069865
(State or other jurisdiction ( Commission ( IRS Employer
of incorporation) file number) Identification No.)
4153 Arlingate Plaza Columbus, OH 43228
( Address of principal executive offices)
(614) 276-8402
(Registrant's telephone number,
including area code)
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Item 5. Other Events
By resolution of the Board of Directors, Scriptel Holding, Inc. filed for
re-organization under chapter 11 of the United States Bankruptcy Code.
Filing was made in the United States Bankruptcy Court, Southern District of
Ohio, Eastern Division at 3:40 PM, September 24, 1997 case number 97-58801.
The Board of Directors cited the heavy debt load of the Company and its
Capital structure and lack of liquidity as being a hinderance to moving the
Scriptel technology to the marketplace.
The Company is working with a group of investors to re-organize the company
and believes that it will be able to effect a plan of re-organization.
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 thereunto duly authorized.
September 24, 1997
Scriptel Holding, Inc.
(Registrant)
By: /s/ Bernard H. Eckstein
Bernard H. Eckstein
Chairman and Chief Executive Officer
