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 SEPTEMBER 12, 1997 (DATE OF EARLIEST EVENT REPORTED)
GREENSTONE ROBERTS ADVERTISING, INC.
(Exact name of registrant as specified in its charter)
Commission file number 000-17468
NEW YORK 11-2250305
(State or other jurisdiction of (IRS Employer
Incorporation or organization) Identification No.)
ONE HUNTINGTON QUADRANGLE
SUITE 1C14
MELVILLE, NEW YORK 11747
(Address of principal executive offices) (Zip Code)
(516) 249-2121
Registrant's telephone number, including area code
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Item 5. Other Events
The Company has filed a counter lawsuit, in Pinellas County, Florida
against Proven Edge, Inc. in Tampa, Florida for $1,258,346 for professional
services and outside vendor reimbursements.
The lawsuit was initiated after Proven Edge filed a claim for an
unspecified amount against the Company for breach of contract.
The Company believes that Proven Edge is fully obligated to pay the outside
vendor charges which represent over 70% of all monies due. The remaining amount,
which is for professional services, are the only monies in dispute. The Company
intends to vigorously pursue all remedies including the reimbursement of legal
fees and interest on the entire amount due.
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 thereunto duly authorized.
Greenstone Roberts Advertising, Inc.
By: /S/ Leonard Schrift
Name: Leonard Schrift
Title: Executive Vice President
and Chief Financial Officer
Date: September 12, 1997
