<PAGE>
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 1, 1997
Communications Central Inc.
---------------------------
(Exact name of registrant as specified in its charter)
Georgia 0-22730 58-1804173
------- ------- ----------
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
1150 Northmeadow Parkway, Suite 118, Roswell, Georgia 30076
- ----------------------------------------------------- -----
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (404) 442-7300
Not Applicable
--------------
(Former name or former address, if changed since last report)
<PAGE>
Item 2. Acquisition or Disposition of Assets.
- ------ ------------------------------------
On October 6, 1997, Communications Central Inc. (the "Company") completed
the sale of substantially all of the assets of its wholly-owned inmate phone
subsidiary, InVision Telecom, Inc. ("InVision"), to Talton Holdings, Inc.
("Talton"), effective as of October 1, 1997. The purchase price for such assets
was approximately $40 million in cash and the assumption by Talton of
approximately $2 million of InVision's liabilities. The Company and Talton also
agreed that one-half of InVision's accounts receivable collected will be paid to
Talton until Talton has received an aggregate amount equal to $1.2 million, and
all amounts collected in excess of such amount will be paid to InVision. A
substantial portion of the proceeds of the transaction were used to reduce the
Company's outstanding bank indebtedness.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
- ------ ------------------------------------------------------------------
Pro Forma Financial Information. The required pro forma financial
-------------------------------
information has not been filed with this Current Report on Form 8-K, but will be
filed under Cover of Form 8-K/A as soon as it becomes available, but in no event
later than 60 days after the date hereof.
Exhibits. Asset Purchase Agreement dated August 21, 1997 by and among the
--------
Company, InVision and Talton is hereby incorporated by reference to Exhibit 99.1
in the Company's Current Report on Form 8-K filed on August 29, 1997.
2
<PAGE>
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.
COMMUNICATIONS CENTRAL INC.
Date: October 10, 1997 /s/ C. Douglas McKeever
-------------------------------------------
C. Douglas McKeever
Vice President - Finance
3
