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): December 6, 1996
NATIONAL HEALTH & SAFETY CORPORATION
(Exact name of issuer as specified in its charter)
Utah 0-24778 87-0505222
(State or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification
incorporation or Number)
organization)
730 Louis Drive, Warminster, Pennsylvania 18974
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (215) 442-0926
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Item 5. Other Events
National Health & Safety Corporation (the "Company")
previously completed a private placement of its Convertible
Debentures to a group of investors through a placement agent
pursuant to the terms of Regulation S, promulgated under the
Securities Act of 1933, as amended.
Upon receipt of information provided to the Company related to
certain perceived concerted market irregularities in the public
trading market of the Company's outstanding common stock, which
activities management believe may be related to the conversion
terms of such private placement of Convertible Debentures under
Regulation S, the Company has determined to immediately suspend all
conversion of the Convertible Debentures.
The Company has engaged independent special counsel to
investigate the alleged irregularities. Upon the results of this
investigation, the Company may amend this Form 8-K, as necessary,
or take such other action as deemed appropriate.
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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, hereunto duly authorized.
National Health & Safety Corporation
(Registrant)
Date: December 6, 1996 By: /s/ R. Dennis Bowers
(Signature)
R. DENNIS BOWERS, President and
Chief Executive Officer
