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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 Exchange Act of 1934
Date of Report (Date of earliest event reported) July 9, 1996 (July 1, 1996)
SIGMA ALPHA GROUP, LTD.
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(Exact name of Registrant as specified in charter)
Delaware 33-90344 23-2498715
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1341 North Delaware Avenue, Philadelphia, Pennsylvania 19125
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (215)-425-8682
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(Former Address) (Zip Code)
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Item 5. Other Events
The expiration date of Warrant WA5 issued to Midwest Financial Consultants
Corporation ("Midwest") representing Midwest's right to purchase an aggregate
of 1,666,667 shares of the common stock of Sigma Alpha Group Ltd. (the
"Company") has been extended from June 30, 1996 to August 31, 1996. Prior to
the expiration date Midwest exercised warrants for 380,000 shares of the
Company's common stock. Accordingly, Midwest may exercise its right to
purchase the 1,286,667 share balance of common stock issuable upon full
exercise of Warrant WA5 by arranging for the payment of $2.50 per share to be
made to the Company on or before August 31, 1996. All other terms, rights,
privileges and conditions associated with Warrant WA5 remain the same as
described in the Company's February 21, 1996 Prospectus. Warrant WA4
representing the right to purchase 400,000 shares of the Company's common stock
which shares were included in the February 21, 1996 Prospectus was previously
exercised in full.
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Signatures
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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.
SIGMA ALPHA GROUP, LTD.
(Registrant)
July 10, 1996
By: s/ Scott A. McPherson
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Scott A. McPherson
Principal Financial Officer
