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UNITED STATES
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) NOVEMBER 13, 1996
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VECTOR AEROMOTIVE CORPORATION
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(Exact name of registrant as specified in its charter)
NEVADA 0-17303 33-0254334
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
7601 CENTURION PARKWAY, JACKSONVILLE, FLORIDA 32256
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(Address of principal executive offices)
Registrant's telephone number, including area code (904) 645-0505
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On November 13, 1996, the registrant issued the attached press release.
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 hereunto duly authorized.
VECTOR AEROMOTIVE CORPORATION
Date: November 13, 1996 By: /s/ D. Peter Rose
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D. Peter Rose, President
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[VECTOR LETTERHEAD]
VECTOR MANAGEMENT WORKING TO SECURE NEW FINANCING
JACKSONVILLE, FL., November 13, 1996 - Vector Aeromotive Corporation (NASDAQ OTC
VCAR) confirmed today that management is seeking additional investment to
restore its operating capability. In a related move, Vector laid off all of
its employees on Saturday November 9, 1996, following an unsuccessful attempt
to secure immediate financing. The company still hopes to secure new
investment and is in further discussion with its majority stockholder, V'Power
Corporation and other interested parties. In the event that these negotiations
fail, it will be forced to permanently suspend all operations.
CONTACT
Vector Aeromotive Corporation
(904) 645 - 0505
D. Peter Rose
