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: May 22, 1996
Commission File No. 0-17069
Excal Enterprises, Inc.
(Exact name of registrant as specified in its charter)
Delaware 59-2855398
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
100 North Tampa Street, Suite 3575, Tampa, Florida 33602
(Address of principal executive offices)
(813) 224-0228
Registrant's telephone number, including area code
Item 5. Other Events.
Assix Automotive, Inc., a wholly owned subsidiary of Excal
Enterprises, Inc., received notice from 4Day Tire Stores of its
intention to terminate its Agency Agreement for the provision of
AccuBalance" wheel balancing services, effective June 29, 1996.
The Agency Agreement between 4Day Tire Stores and the Company
requires a twelve month notice of termination. The Company and
4Day Tire Stores are currently negotiating a settlement of Four
Day TiresO obligations under the Agency Agreement. 4Day Tire
Stores accounted for $266,330 of revenue in fiscal 1995 and
$184,235 of revenue in the first nine months of fiscal 1996.
Item 7(c). Exhibits.
None.
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.
EXCAL ENTERPRISES, INC.
Dated: May 22, 1996 By: /S/ W. CAREY WEBB
W. Carey Webb
President and CEO
