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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: June 6, 1997
PRINCETON DENTAL MANAGEMENT CORPORATION
(Exact Name of Registrant as Specified in its Charter)
DELAWARE 0-20222 36-3484607
(State or Other (Commission (I.R.S. Employer
Jurisdiction of File Number) Identification No.)
Incorporation)
7421 WEST 100TH PLACE, BRIDGEVIEW, IL 60455
(Address of Principal Executive Offices)
(708) 974-4000
(Registrant's Telephone Number, including Area Code)
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PRINCETON DENTAL MANAGEMENT CORPORATION
Item 5. Other Events.
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The Board of Directors of Princeton Dental Management Corporation ("PDMC")
announced today that, effective as of June 1, 1997, PDMC has sold the assets
comprising the Mason Dental Southeast, Inc./Renaissance Dental Studio to Mr.
Lawrence Ceraulo, individually and doing business as Certex Dental Studio. The
Mason Dental Southeast, Inc./Renaissance Dental Studio, with 1996 revenues of
approximately $390,000, represented approximately 2.2% of the total revenue of
PDMC, and has represented a loss in 1996 to the company. The Mason Dental
Southeast, Inc./Renaissance Dental Studio was sold for $92,096 in the form of
a short-term note; an additional short-term note payable to purchase supplies
in the amount of $9,847; and an assumption of an existing note payable of
$18,372. The sale of Mason Dental Southeast, Inc./Renaissance Dental Studio
was a profitable transaction for PDMC, in the amount of approximately $49,000.
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.
Dated: June 6, 1997
PRINCETON DENTAL MANAGEMENT CORPORATION
By: /s/ Frank Leonard Laport
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Frank Leonard Laport,
Chief Executive Officer
