<PAGE> 1
U. S. Securities and Exchange Commission
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Act of 1934
Date of Report (Date of earliest event reported) January 10, 1997
NEWCARE HEALTH CORPORATION
- --------------------------------------------------------------------------------
(Exact name of Registrant as specified in its charter)
NEVADA
- --------------------------------------------------------------------------------
(State or other jurisdiction of incorporation or organization)
0-24110
- --------------------------------------------------------------------------------
(Commission File Number)
86-0594391
- --------------------------------------------------------------------------------
(IRS Employer Identification Number)
3600 OAK MANOR LANE, BLDG. 4, LARGO, FL 33774
- --------------------------------------------------------------------------------
(Address of principal executive office)
(813) 586-4262
- --------------------------------------------------------------------------------
(Registrant's phone number)
<PAGE> 2
ITEM 5. OTHER EVENTS
See the following press release, dated January 10, 1997, announcing the
resignation of Robert W. Bell, Sr., President and Chief Executive Officer of
the Company:
FOR IMMEDIATE RELEASE
Contact: Ashok Dalal - NewCare Health Corporation - (813) 586-4262
NewCare Health Corporation
3600 Oak Manor Lane
Largo, FL 33774
NEWS RELEASE
OFFICER OF NEWCARE HEALTH CORPORATION RESIGNS
January 10, 1997
Largo, Florida: Ashok Dalal, Director and Executive Vice President of NewCare
Health Corporation, announced today that the Board of Directors of the Company
has accepted the resignation of Robert W. Bell, Sr. as President and Chief
Executive Officer of the Company. Mr Bell will continue to work for the
Company on a part-time basis and will remain as a Director until the next
shareholders meeting.
Ashok Dalal will serve as Chief Executive Officer on an interim basis.
<PAGE> 3
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.
NewCare Health Corporation
By: /s/ Henry H. Sherrill, Jr.
----------------------------------
Principal Financial and Accounting
Officer and Authorized Signatory
for the Registrant
January 10, 1997