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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): July 19, 1996
BULLET SPORTS INTERNATIONAL, INC.
(Exact name of Registrant as specified in charter)
Delaware 0-25682 13-3561882
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(State or other (Commission file (I.R.S. Employer
jurisdiction of number) Identification
incorporation) Number)
2803 South Yale Street, Santa Ana, CA 92704
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(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code: (714) 966-0310
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(Former name or former address, if changed since last report.)
Page 1 of 5 Pages
Exhibit Index: Page 4
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Item 5. OTHER EVENTS
On July 25, 1996, the Registrant announced that revenues for the 13
weeks ended May 31, 1996, were $2,444,241 compared to $4,623,236 for the same
period of the prior year. Net loss for the 13 weeks ended May 31, 1996, was
$752,902 or $0.20 per common share compared to a net loss of $100,614 or $0.18
per share for the same period of the prior year.
Registrant also announced that in July it raised approximately
$1,380,000 from the exercise of common stock purchase warrants.
Registrant is headquartered in Santa Ana, California. Registrant is a
full-line manufacturer of golf equipment and accessories, which include clubs,
bags and golf balls.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
a. FINANCIAL STATEMENTS OF BUSINESS ACQUIRED
None
b. PRO FORMA FINANCIAL INFORMATION
None
c. EXHIBITS
Exhibit 1 - The press release issued by Registrant on July 24,
1996, is filed as Exhibit 1 to this report and is incorporated in this report by
reference for all purposes.
Page 2 of 5 Pages
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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 thereunto duly authorized.
Date: July 24, 1996 BULLET SPORTS INTERNATIONAL, INC.
(Registrant)
By: \S\ Mark Green
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Mark Green
Chief Operating Officer
Page 3 of 5 Pages
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INDEX TO EXHIBITS
EXHIBIT NO. DESCRIPTION Page No.
1 Press release of Registrant 5
dated July 25, 1996
Page 4 of 5 Pages
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FOR IMMEDIATE RELEASE CONTACT: J. DANIEL CHANDLER
800-842-3781
BULLET SPORTS INTERNATIONAL, INC. REPORTS ITS RESULTS
FOR THE FIRST QUARTER ENDED MAY 31, 1996
Santa Ana, CA (July 25, 1996) .... BULLET SPORTS INTERNATIONAL, INC.
(NASDAQ SMALL CAP:PARR) announced today its financial results for the 13 weeks
ended May 31, 1996 and a recent capital infusion.
Revenues for the 13 weeks ended May 31, 1996, were $2,444,241 compared
to $4,623,236 for the same period of the prior year. Net loss for the 13 weeks
ended May 31, 1996, was $752,902 or $0.20 per common share compared to a net
loss of $100,614 or $0.18 per share for the same period of the prior year.
In July the Company raised approximately $1,380,000 from the
exercise of common stock purchase warrants.
Bullet Sports International, Inc. is headquartered in Santa Ana,
California. The Company is a full-line manufacturer of golf equipment and
accessories, which include clubs, bags and golf balls.
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EXHIBIT 1
Page 5 of 5 Pages
