UNITED STATES
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 16, 1997
ARROW MANAGEMENT, INC.
(Exact name of registrant as specified in its charter)
NEVADA 33-55254-01 87-0467339
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
3098 SO. HIGHLAND DRIVE, SUITE 460
SALT LAKE CITY, UTAH 84106
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (801) 485-7775
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ITEM 5. Other Events.
On February 8, 1996, David R. Yeaman, President and Director of the
Company, was charged in the United States District Court for the Eastern
District of Pennsylvania with conspiracy, wire fraud, and fraud in the offer,
purchase and sale of securities, in violation of 18 U.S.C. Sections 2, 371 and
1343; 15 U.S.C. Sections 77q(a), 77x, 78j(b), and 78ff; and Rule 10b-5
promulgated by the Securities and Exchange Commission, Title 17, Code of Federal
Regulations, Section 240.10b-5 (1986). On April 16, 1997, Mr. Yeaman was
convicted of one count of conspiracy, five counts of wire fraud, and three
counts of securities fraud.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ARROW MANAGEMENT, INC.
By: s\Krista Nielson
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Krista Nielson, Secretary/Treasurer
and Director
Dated: April 21, 1997
