SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES AND EXCHANGE ACT
Date of report (Date of earliest event reported): March 8, 1999
USABG CORP.
(Exact Name of Registrant as Specified in Charter)
Delaware 0-28140 11-2974406
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
53-09 97th Place, Corona, New York 11368
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (718) 699-0100
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Item 3. Bankruptcy or Receivership.
On March 8, 1999, USABG Corp.'s (the "Company") subsidiary, USA Bridge
Construction of N.Y., Inc., filed a petition for relief to reorganize under
Chapter 11 of the United States Bankruptcy Code in the Eastern District of New
York . The Company owns approximately 58% of the issued and outstanding stock of
USA Bridge Construction of N.Y., Inc.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on behalf by the
undersigned hereunto duly authorized.
March 22, 1999 USABG CORP.
By: Joseph Polito
Joseph Polito, President
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