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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):
April 15, 1998
CONSULIER ENGINEERING, INC.
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(Exact name of registrant as specified in its charter)
FLORIDA 000-17756 59 2556878
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(State or other (Commission (IRS Employer Iden-
jurisdiction of File Number) tification No.)
incorporation)
169 Tequesta Drive #31-E, Tequesta, Florida 33469
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(Address of principal executive officers)
Registrant's telephone number: 561-745-9149
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Item 5. OTHER EVENTS
On March 9, 1998, the registrant's directors and shareholders approved
an increase in the authorized capital stock of the registrant from
5,000,000 common shares to 25,000,000 common shares. The directors
further approved a two-for-one split of the registrant's outstanding
common shares effec tive April 15, 1998. The split brought the
registrant into compliance with the maintenance requirement of The
NASDAQ Stock Market to have at least 500,000 shares in the public
float.
On March 24, 1998 the registrant filed Articles of Amendment at the
Florida State Department increasing the authorized capital stock.
Item 7. EXHIBITS
(c) Press Release
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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.
CONSULIER ENGINEERING, INC.
By: /s/ Ralph D. Butler
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April 15, 1998 Ralph D. Butler, Secretary
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Exhibit 99
CONSULIER
ENGINEERING, INC.
March 23, 1998
Tequesta, Florida
Contact-Ralph Butler
(561) 842-2492, FAX (561) 845-3237
FOR IMMEDIATE RELEASE ----
NEWS RELEASE
CONSULIER ENGINEERING ANNOUNCES TWO-FOR-ONE STOCK SPLIT
Tequesta, Florida - March 23, 1998 - Consulier Engineering, Inc. (CEI) announced
today that its Board of Directors has authorized a two-for-one split of the
Company's Common Stock for shareholders of record on March 31, 1998.
Shareholders will receive one share of Common Stock for every share of the
Company's Common Stock held on the record date. Shares resulting from the split
are expected to be distributed by the transfer agent on April 15, 1998. The
Company will have approximately 5,200,000 shares of Common Stock issued and
outstanding after the stock split.
Warren B. Mosler, Chairman of the Company said, "This stock split will increase
the number of shares in the public float enabling the Company to continue to
have its Common Stock listed on the NASDAQ SmallCap Market."
CEI's engineering division is involved in new product engineering and
development and program management. CEI's major subsidiaries are Southeast
Automotive Acquisition Corporation and C-6 Products, Inc. Southeast, located in
Miami, Florida engages in the worldwide manufacturing and distribution of
automobile and truck spare parts and tools to the wholesale market. C-6 was
formed in 1997 to manufacture and market household and tool related products
including their soon to be released Tool Topper(TM) Workstation, which will
easily fasten to the top of all step ladders, converting them to handy work
platforms and easing the work of the "do-it-yourselfer".
Consulier Engineering, Inc.'s Common Stock trades on the over-the-counter market
under the NASDAQ symbol CSLR.