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UNITED STATES
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): November 22, 2000
Westbury Metals Group, Inc.
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(Exact name of registrant as specified in charter)
New York 033-42408 11-3023099
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(State of (Commission (IRS Employer
Organization) File Number) Identification No.)
750 Shames Drive
Westbury, New York 11590
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(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code: (516) 997-8333
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Former name or former address, if changed since last report: Not Applicable
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Item 5. Other Events
Restatement of Financial Reports
On November 22, 2000, the Company issued a press release announcing that it
expects to record several non-cash charges for the year ended June 30, 2000,
which will require the Company to restate its financial reports for fiscal
quarters ended December 31, 1999 and March 31, 2000. As a result, the Company
has been delayed in filing its financial reports with the Securities and
Exchange Commission. The Company expects to file its Annual Report on Form 10-K
for its fiscal year ended June 30, 2000 and the restated quarterly reports by
December 11, 2000. The Company expects to file its quarterly report for the
fiscal quarter ended September 30, 2000 by December 15, 2000. A copy of this
press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and
is incorporated herein by reference.
Item 7. Financial Statements and Exhibits
(a) Financial Statements of Business Acquired.
Not applicable.
(b) Unaudited Pro Forma Combined Financial Information.
Not applicable.
(c) Exhibits.
99.1 Press Release of the Company, dated November 22, 2000.
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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.
Westbury Metals Group, Inc.
By: /s/ Mandel Sherman
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Mandel Sherman
Chief Executive Officer
Date: November 22, 2000