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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): October 30, 1996
GOLF TRAINING SYSTEMS, INC.
(Name of registrant as specified in its charter)
Delaware 0-25332 58-1963120
(State or other jurisdiction of Commission file number (I.R.S. Employer
incorporation or organization) Identification No.)
3400 Corporate Way, Suite G
Duluth, Georgia 30136
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (770) 623-6400
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Item 5. Other Events.
The Company has obtained the approval of holders of its outstanding shares
of Series A Convertible Preferred Stock (the "Preferred Stock") to amend the
terms of the Company's Certificate of Designation of the Preferred Stock. The
Company had previously reported the suspension of conversion of the Preferred
Stock on August 13, 1996, as a result of concerted market manipulation and/or
irregularities in the trading of the Company's common stock which management
believed was related to the conversion terms of the Preferred Stock.
(REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK)
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SIGNATURE
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, on October 30, 1996.
GOLF TRAINING SYSTEMS, INC.
By: /s/ Wayne C. McDonald
Wayne C. McDonald,
Chief Executive Officer
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