AUSTINS INTERNATIONAL INC
10-C, 1996-05-21
EATING PLACES
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<PAGE>
 
                                          This Document is a Copy of the 10-C
                                          filed on May 14, 1996 pursuant to a
                                          Rule 201 Temporary Hardship Exemption.


 
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-C

                Report by Issuer of Securities Quoted on NASDAQ
                          Interdealer Quotation System

                  Filed pursuant to Section 13 or 15(d) of the
                Securities Exchange Act of 1934 and Rule 13a-17
                              or 15d-17 thereunder


                          AUSTIN'S INTERNATIONAL, INC.
          ----------------------------------------------------------
                (Exact name of issuer as specified in charter)


         2400 E. Commercial Blvd., Suite 800, Ft. Lauderdale, FL  33308
         -------------------------------------------------------------- 
                    (Address of principal executive offices)

  Issuer's telephone number, including area code:  (954) 772-0980
                                                  ----------------------


                   I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number of shares
                                  outstanding:

 
  1.  Title of security:  Austin's Common Stock
                        -------------------------------------------
  2.  Number of shares outstanding before the change:  6,713,550
                                                     --------------
  3.  Number of shares outstanding after the change:  10,003,550
                                                    ---------------
  4.  Effective date of change:           5/9/96
                                -----------------------------------
  5.  Method of change:


       Specify method (such as merger, acquisition, exchange, distribution,
stock split, reverse split, acquisition of stock for treasury, etc.):

            Conversion of debt to equity
            ------------------------------------------------------------
       Give brief description of transaction: Seven holders of 8%, $.50
                                              ---------------------------
  Convertible Notes converted $1,645,000 of notes into 3,290,000 shares of
  ------------------------------------------------------------------------
  Austin's common stock
  -----------------------

                          II. CHANGE IN NAME OF ISSUER

  1.   Name prior to change:
                            ---------------------------------------------   
  2.   Name after change:
                          -----------------------------------------------
  3.   Effective date of charter amendment changing name:
                                                         ----------------
  4.   Date of shareholder approval of change, if required:
                                                           --------------
  Date:  5/13/96              
        --------------      --------------------------------------------
                                     (Officer's signature & title)

                                      /s/ Larry E. Graybill
                                      ---------------------------------
                                      Larry E. Graybill
                                      Chief Financial Officer


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