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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) March 29, 2000
TOTAL CONTAINMENT, INC.
(Exact name of registrant as specified in its charter)
Pennsylvania 0-23454 23-2394872
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Ident. No.)
422 Business Center, A130 North Dr., Oaks PA 19456
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (610)666-7777
N/A
(Former name or former address, if changed since last report.)
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Item 5. Other Events.
The listing of the common stock, par value $.01 per share,
of Total Containment, Inc. (the "Company") will be transferred
from the Nasdaq National Market to the Nasdaq SmallCap Market
effective with the open of business on Friday, March 31, 2000.
The Company's press release is attached hereto as Exhibit
99.1, and is incorporated herein by reference.
Item 7. Financial Statements and Exhibits.
(a) Exhibits.
The following exhibits are filed herewith:
99.1 Press Release, dated March 29, 2000, of
Total Containment, Inc.
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.
TOTAL CONTAINMENT, INC.
Dated: March 30, 2000
By:/s/ Pierre Desjardins
Pierre Desjardins,
Chief Executive Officer
EXHIBIT INDEX
Exhibit
Number Description
99.1 Press Release, dated March 29, 2000, of Total
Containment, Inc.
Exhibit 99.1
Total Containment, Inc. News Release
FOR IMMEDIATE RELEASE
March 29, 2000
Corporate Headquarters: 422 Business Center, A130 North Drive,
Oaks, PA 19456
LISTING OF TOTAL CONTAINMENT'S STOCK TO BE TRANSFERRED FROM
NASDAQ NATIONAL MARKET TO NASDAQ SMALLCAP MARKET
Oaks, PA...Total Containment, Inc. (Total Containment)
(NASDAQ/NMS: TCIX) announced today that the listing of its
common stock, par value $.01 per share, will be transferred from
the Nasdaq National Market to the Nasdaq SmallCap Market
effective with the open of business on March 31, 2000 because
the market value of Total Containment's publicly held common
stock (i.e, the public float) is less than the $5 million
minimum required to maintain listing on the Nasdaq National
Market. Total containment's inability to meet the Nasdaq
National Market's public float requirement is due to the large
concentration of shares owned by its majority shareholder and
management, as well as its recent stock price. Of the 4,672,600
shares of Total Containment common stock outstanding, 2,766,700
shares, or 59.2%, are directly or indirectly owned in the
aggregate by the majority shareholder and other directors and
officers.
