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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): October 11, 1999
METROTRANS CORPORATION
(Exact Name of Registrant as Specified in Charter)
Georgia 0-23808 58-1393777
(State or Other Jurisdiction (Commission File No.) (IRS Employer
of Incorporation) Identification No.)
777 Greenbelt Parkway, Griffin, Georgia 30223
(Address of Principal Executive Offices) (Zip Code)
(770) 229-5995
(Registrant's telephone number, including area code)
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Item 5. Other Events
The Company's press release dated October 12, 1999, announcing the
delisting of the Company's common stock from the Nasdaq National Market
effective as of the close of trading on October 11, 1999 and listing of the
common stock on the OTC Bulletin Board is filed as Exhibit 99 to this report.
Item 7. Financial Statements and Exhibits
(c) Exhibits.
ExhibitNumber Description
- ------ -----------99 Press Release, dated October 12, 1999,
filed herewith.
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SIGNATURE
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.
METROTRANS CORPORATION
(Registrant)
/s/ John G. Wallace
John G. Wallace
President and Chief Executive Officer
Date: October 12, 1999
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EXHIBIT INDEX
Exhibit
Number Description
- ------ ------------
99 Form of Press Release, dated October 12, 1999
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FOR IMMEDIATE RELEASE
CONTACT:
John G. Wallace
President & CEO
Metrotrans Corporation
(770) 229-5995
Metrotrans Announces Delisting from Nasdaq and Listing on OTC Bulletin Board
GRIFFIN, Ga., Oct. 12 /PRNewswire/ -- Metrotrans Corporation (Nasdaq: MTRN)
announced today that effective as of the close of trading on October 11, 1999
the Company's common stock will no longer be listed on The Nasdaq National
Market but will be eligible to trade on the OTC Bulletin Board. As previously
disclosed, the Company's common stock has not maintained the minimum
requirements for continued listing on The Nasdaq National Market. The
trading symbol remains MTRN.
The OTC Bulletin Board is a regulated quotation service that displays real-
time quotes and last-sale price and volume information in over-the-counter
equity securities. Information about the OTC Bulletin Board is available on
the Internet at http://www.otcbb.com.
Metrotrans designs, manufactures and distributes shuttle and mid-size touring
buses through Company operated sales centers and independent distributors in
the United States and Canada and Puerto Rico. The Company also distributes
the Irizar Century full-size motorcoach in the United States.
This press release includes ``forward-looking statements'' within the meaning
of the private Securities Litigation Reform Act of 1995. Such statements
involve known and unknown risks, uncertainties and other factors that could
cause the actual results of the Company to differ materially from the results
expressed or implied by such statements, including general economic and
business conditions, conditions affecting the Company's customers and
suppliers, and actual purchases of Company products by customers, competitor
responses to the Company's products and services, the overall market
acceptance of such products and services, the costs and availability of
components, product scheduling and other factors disclosed in the Company's
last filed Annual Report on Form 10-K. Accordingly, although the Company
believes that the expectations reflected in such forward-
looking statements are reasonable, there can be no assurance that such
expectations can be achieved.
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