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): December 10, 1998
CODED COMMUNICATIONS CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 0-17574 33-0580412
(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification No.)
1939 Palomar Oaks Way, Carlsbad, California 92009
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (619) 431-1945
Item 3. Other Events
On December 10, 1998, Coded Communications Corporation (the "Registrant")
and its wholly-owned subsidiaries Coded Mobile Communications, Inc. and Decom
Systems, Inc. filed petitions for bankruptcy protection under Chapter 11 of
the U.S. Bankruptcy Code. The petitions for bankruptcy were filed with the
United States Bankruptcy court, District of Delaware. A copy of the
Registrant's press release is attached to this Form 8-K as Exhibit 99.01.
The Company's bankruptcy counsel is the Wilmington, Delaware law firm of
Phillips, Goldman and Spence, P. A.
Item 7. Financial Statements, Pro forma Financial Information and Exhibits
(a) Financial statements of business acquired:
Not applicable.
(b) Pro forma financial information:
Not applicable.
(c) Exhibits:
99.01 Coded Communications Corporation Press Release dated
December 10, 1998.
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.
December 10, 1998 CODED COMMUNICATION CORPORATION
Date Registrant
By:/s/ Steven Borgardt
Steven Borgardt
Vice President Finance
EXHIBIT INDEX
Exhibit
Number Description Page No.
99.1 Coded Communications Corporation Press 4
Release dated December 10, 1998.
LOGO
For Immediate Release Contact: Steven Borgardt,
VP Finance
Fernando Pliego,
Exec. VP Administration
(760) 431-1945
Steven Spence
(302) 655-4200
Coded Communications Files for Chapter 11 Reorganization
Carlsbad, California (December 10, 1998) --- Coded Communications
Corporation (OTC Symbol: CODD) announced today that the company and
two of its wholly-owned subsidiaries, Coded Mobile Communications, Inc.
and Decom Systems, Inc., filed for Chapter 11 bankruptcy protection.
The petitions for bankruptcy were filed with the United States
Bankruptcy Court, District of Delaware, on December 10, 1998.
The company had previously reported in a filing with the Securities and
Exchange Commission on November 17, 1998, that it had exhausted its
cash resources and could not continue its operations beyond thirty days
without additional capital.
The company said the filings would enable it to continue to operate
while attempting to recapitalize and reorganize its operations. The
company is continuing work on existing orders for products and services
valued at over $1,000,000. In addition, the company is discussing the
terms and conditions for the award of new contracts with one of its
significant customers.
The company and its subsidiaries are represented by the Wilmington,
Delaware law firm of Phillips, Goldman and Spence, P.A.
Coded Communications Corporation provides end-to-end solutions for
mobile wireless data networking and communications. The company
provides application specific system solutions for mobile workforces to
interact within their information network and acts as a gateway to
access local, regional and national databases and global positioning
(GPS).
Coded's worldwide web site can be accessed at: http://www.coded.com
# # #
Certain statements in this report set forth management's intentions,
plans, beliefs, expectations or predictions of the future based on
current facts and analyses. Actual results may differ materially from
those indicated in such statements, due to a variety of factors.
Additional information on factors that may affect the business and
financial results of the company and cause actual results to differ
from current expectations can be found in filings of the company with
the Securities and Exchange Commission.
