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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) July 28, 1998
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Great Pines Water Company, Inc.
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(Exact name of small business issuer as specified in its charter)
Texas 1-12130 76-0203752
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
600 N. Shepherd, Suite #303 Houston, Texas 77007
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (713) 864-6688
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(Former name or former address, if changed since last report.)
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ITEM 5. OTHER EVENTS
Please see the Registrant's recent press release filed as Exhibit 99.1 hereto.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
The following exhibits are filed with this report on Form 8-K:
99.1 Press Release dated July 28, 1998.
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.
Great Pines Water Company, Inc.
Date: August 3, 1998 By: /s/ Kevin F. Vigneaux
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Kevin F. Vigneaux
Chief Financial Officer and Treasurer
(Principal Financial and Accounting Officer)
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Exhibit 99.1
FOR IMMEDIATE RELEASE
Great Pines Water Company Inc. Latest Developments
HOUSTON, Texas (July 28, 1998) -- Great Pines Water Company Inc. (GPWC) today
reported that the Company's Common Stock will not be listed on The Nasdaq
SmallCap Market effective with the close of business July 28, 1998. The
securities of the Company will be eligible to trade on the National
Association of Securities Dealers Over The Counter Electronic Bulletin Board
effective July 29, 1998.
Additionally, the Company reported that consideration of $933,000 was paid to
GPWC in behalf of a lawsuit settlement.
Great Pines Water Company Inc. processes, bottles and distributes
non-sparkling bottled water, under the "Texas Premium Waters" brand name, to
commercial and residential customers in Houston and Dallas/Fort Worth. Three
different types of water products -- spring water, purified water and
drinking water are available in five gallon bottles, and customers generally
lease water dispensers form the Company.
FOR FURTHER INFORMATION, PLEASE CONTACT ROBERT A. HAMMOND, JR., PRESIDENT AND
CHIEF EXECUTIVE OFFICER OR KEVIN F. VIGNEAUX, CHIEF FINANCIAL OFFICER AT
(713) 864-6688.
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