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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EVENT REPORTED): May 14, 1999
INTILE DESIGNS, INC.
(Exact name of small business issuer as specified in its charter)
Commission file number 33-49854-A
DELAWARE 13-3625325
(State of Incorporation) (I.R.S. Employer Identification No.)
9716 OLD KATY ROAD, SUITE 110
HOUSTON, TEXAS 77055
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (713) 468-8400
NOT APPLICABLE
(Former name, former address and former fiscal year,
if changed since last report)
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ITEM 3. BANKRUPTCY OR RECEIVERSHIP
Intile Designs, Inc. filed a voluntary petition for protection under
Chapter 11 of the U.S. Bankruptcy Code on May 14, 1999. This action was
precipitated by an inability to complete a timely refinancing of its secured
debts. The Company intends to continue negotiations with potential investors
and complete its plan for reorganization.
The voluntary petition was filed with the United States Bankruptcy
Court in the Southern District of Texas. The Company remains in possession of
its assets and is administering the case as Debtor-in-Possession. The case file
number is 99-34760-H1-11.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
DATED: May 28, 1999 INTILE DESIGNS, INC.
By: /s/ G.C. SILLER, JR.
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G.C. Siller, Jr., President