CONTINENTAL AMERICAN TRANSPORTATION INC
8-K, 1997-06-09
TRUCKING & COURIER SERVICES (NO AIR)
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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):   June 6, 1997

CONTINENTAL AMERICAN TRANSPORTATION, INC.
         Exact name of Registrant as specified in charter)

Colorado         0-18729           84-1089599
(State or other       (Commission            (IRS employee
jurisdiction of       file number)           identification
incorporation                                       no.)


   495 Lovers Lane Road, Calhoun, Georgia          30701
- --------------------------------------------------------
 (Address of principal executive office)         Zip Code

Registration telephone number, including area code: (706) 629-8682













<PAGE>



Item 5.           Other Events.

                  Recently, the members of the Board of Directors of Continental
                  American  Transportation,   Inc.   ("Continental")   uncovered
                  evidence  of  potential  criminal  activity  by certain of its
                  employees.  The Board voluntarily brought this evidence to the
                  attention  of federal  authorities,  and,  on Friday,  June 6,
                  1997, at the Board's  prompting,  federal  agents from the FBI
                  and the IRS searched the  business  premises of  Continental's
                  subsidiary,   Carpet  Transport,  Inc.  in  Calhoun,  Georgia,
                  interviewed several employees, and arrested Charles Prater.

                  The Board of  Continental  applauds  the  professionalism  and
                  dedication of the agents who  participated  in this  activity,
                  and pledges its complete  cooperation with the ongoing federal
                  investigation. The Board of Directors of Continental has done,
                  and  will  continue  to do,  everything  within  its  power to
                  uncover  and expose  criminal  activity  within  its  trucking
                  subsidiaries.  Continental's Board of Directors emphasized, by
                  these  actions  taken,  that its  shareholders  as well as the
                  public deserve nothing less.

                                   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.


                                     CONTINENTAL AMERICAN TRANSPORTATION, INC.



                                      By:  s/Brian Henninger
                                            Brian Henninger
                                            Chief Financial Officer

Dated:  June 9, 1997










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