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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
January 8, 1997
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Date of Report
(Date of earliest event reported)
Bullet Sports International, Inc.
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(Exact name of Registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation)
0-25682 13-3561882
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(Commission file number) (IRS employer identification no.)
2803 South Yale
Santa Ana, California 92704
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(Address of principal executive offices) (Zip code)
(714) 966-0310
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(Registrant's telephone number, including area code)
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ITEM 5. Other Events
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On January 8, 1997, Bullet Sports International, Inc. (the "Company")
issued a press release, a copy of which is attached hereto as Exhibit 99.1
and made a part hereof, regarding the imminent filing by the Company's
wholly-owned and primary operating subsidiary of a voluntary petition for
reorganization under the Bankruptcy Act.
ITEM 7. Financial Statements and Exhibits
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a) Financial Statements of Business Acquired. Not Applicable
b) Pro Forma Financial Information. Not Applicable
c) Exhibits.
99.1 Press Release of Bullet Sports International, Inc. dated
January 8, 1997.
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SIGNATURE
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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.
BULLET SPORTS INTERNATIONAL, INC.
/s/ John A. Haas
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John A. Haas
President and Chief Executive Officer
Date: January 15, 1997
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INDEX TO EXHIBITS
Exhibit 99.1 Press Release of Bullet Sports International, Inc., dated
January 8, 1997.
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Santa Ana, California
January 8, 1997
BULLET SPORTS INTERNATIONAL, INC. (NASDAQ Small Cap: PARR) reported today
that its continuing efforts to obtain outside financing for its golf
equipment business, previously disclosed by the Company as critical to its
business, had not been successful, and that the Board of Directors of its
wholly-owned and principal operating subsidiary. Bullet-Cougar Golf
Corporation (Bullet-Cougar), in a special meeting held January 8, 1997, had
authorized management of Bullet-Cougar to seek relief by filing a voluntary
petition for reorganization of Bullet-Cougar's affairs under Chapter 11 of
the National Bankruptcy Act. The filing is expected to occur within a matter
of days.
Bullet Sports International, Inc is headquartered in Santa Ana, California.
The Company's principal operating subsidiary, Bullet-Cougar Golf Corporation
is a full-line manufacturer and distributor of golf equipment and
accessories, which include clubs, bags and golf balls.
