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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Date of Report (Date of earliest event reported): November 14, 1997
OMNI MultiMedia Group, Inc.
(Exact name of registrant as specified in its charter)
Delaware 1-13656 04-2729490
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
50 Howe Avenue, Millbury, Massachusetts 01527-3298
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (508) 865-4451
Not Applicable
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(Former name or former address, if changed since last report)
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TABLE OF CONTENTS
FORM 8-K
November 18, 1997
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Item Page
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Item 3. Bankruptcy or Receivership 3
Item 7. Financial Statements and Exhibits 3
Signatures 4
Exhibits 5
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ITEM 3. BANKRUPTCY OR RECEIVERSHIP.
On November 14, 1997, the Registrant publicly disseminated a press
release announcing that the Registrant has filed for Chapter 11 protection
before the United States Bankruptcy Court for the Western District of
Massachusetts. The information contained in the press release is incorporated
herein by reference and filed as Exhibit 99.1 hereto.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
99.1 The Registrant's Press Release dated November 14, 1997.
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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 hereunto duly authorized.
OMNI MultiMedia Group, Inc.
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(Registrant)
Date: November 18, 1997 By: /s/ Paul F. Johnson
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Paul F. Johnson
Chief Executive Officer and President
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EXHIBIT INDEX
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Exhibit Sequential
Number Description Page Number
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99.1 The Registrant's Press Release 6
dated November 14, 1997.
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EXHIBIT 99.1
PRESS RELEASE
Friday November 14, 3:13 pm Eastern Time
Company Press Release
Omni Multimedia Group, Incorporated Makes Announcement
MILLBURY, Mass. OMNI MULTIMEDIA GROUP, INC. (AMEX: OMG). and related debtors
(its subsidiaries) filed today for Chapter 11 protection before the US
Bankruptcy Court for the Western District of Massachusetts.
The Company needs to restructure its balance sheet in order to attract the
necessary capital required to achieve profitability.
The Company experienced substantial sales growth during the first two quarters
of FY 1998 and this growth is continuing. Quarterly losses have also been
reduced significantly.
OMNI MULTIMEDIA GROUP, INC. plans to present a restructuring plan to allow it to
emerge from Chapter 11 as soon as possible.
OMNI MULTIMEDIA GROUP, INC. offers the software market complete turnkey software
manufacturing and distribution through its wholly-owned subsidiaries, OMNI
Resources Corporation and 4CDs Corporation. OMNI Resources Corporation provides
CD-ROM mastering and replication with six color screen and offset CD printing as
well as disk duplication, four color in-house printing, packaging, assembly and
fulfillment. 4CDs Corporation provides a sale outlet for software developers
through the 4CDs Multimedia Internet Catalog (www.4cds.com) and a growing
capability in Electronic Channel Services (ECS) including CD encryption and
electronic software distribution. Together, the OMNI Companies offer the
software industry vertically integrated software manufacturing, fulfillment and
distribution with retail and wholesale capabilities.
