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 February 18, 1999
COMMISSION FILE NO. 0-24812
DIVOT GOLF CORPORATION
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(Exact name of registrant as specified in its charter)
DELAWARE 56-1781650
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(State or other jurisdiction (I.R.S. Employer Identification No.)
incorporation or organization)
One Tampa City Center, Suite 200, Tampa, FL 33602
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(Address of principal executive offices)
(813) 222-0611
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(Registrant's telephone number, including area code)
Check whether the registrant: (1) has filed all reports required to be filed by
Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding
12 months (or for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements for the past
90 days. Yes |X| No |_|
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DIVOT GOLF CORPORATION
FORM 8 - K
TABLE OF CONTENTS
Item 1. Changes in Control of Registrant - None
Item 2. Acquisition or Disposition of Assets - None
Item 3. Bankruptcy or Receivership - None
Item 4. Changes in Registrant's Certifying Accountant - None
Item 5. Other Events ....................................................Page 3
Item 6. Resignations of Registrant's Directors - None
Item 7. Financial Statements and Exhibits - None
Signatures................................................................Page 4
Page 2 of 4
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ITEM 5. Other Events
On January 28, 1999, the Company received a Termination Notice of its License
Agreement with Ray Floyd Enterprises, Inc. Concurrently, the Company received a
Notice of Dissolution of Divot-RFG Joint Venture, L.L.C. The agreements were
originally disclosed in the Company's form 8K filed on October 20, 1998.
On February 17,1999, Joseph Cellura resigned from the Board of Directors as
Chairman and as Chief Executive Officer of the Company, citing personal reasons
for the resignation. The Company has named Jeremiah M. Daly as Chairman and
Chief Executive Officer of the Company. The remaining Directors on the Board
include Chairman Jeremiah M. Daly, Clifford F. Bagnall and Gordon Ewart.
ITEM 7. Financial Statements and Exhibits
Financial statements - None
Exhibits - None
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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 herein duly authorized.
DIVOT GOLF CORPORATION
/s/Clifford F. Bagnall
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Clifford F. Bagnall, Chief Financial Officer
(Principal Financial and Accounting Officer)
Date: February 18, 1999
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