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
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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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