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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):April 24, 1998 (April 9, 1998)
CLARITI TELECOMMUNICATIONS INTERNATIONAL LTD.
(Formerly SIGMA ALPHA GROUP, LTD.)
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Exact name of Registrant as specified in charter
Delaware 33-90344 23-2498715
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
1341 North Delaware Avenue, Philadelphia, Pennsylvania 19125
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(Address of principal executive offices) (Zip Code)
215-425-8682
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(Registrant's telephone number, including area code)
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Item 5. Other Events
Clariti Telecommunications International, Ltd. (formerly Sigma Alpha
Group, Ltd.) previously announced that it signed a letter of intent to acquire
all of the outstanding capital stock of General Atronics Corporation and its
subsidiaries ("GAC"), a privately held defense communications subcontractor.
Completion of the acquisition was contingent on negotiation of a definitive
acquisition agreement acceptable to the Company and GAC's shareholders. On
April 9, 1998, after several months of negotiations, both parties mutually
agreed to terminate acquisition discussions.
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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.
CLARITI TELECOMMUNICATIONS
INTERNATIONAL, LTD.
(Registrant)
April 24, 1998
By: s/James M. Boyd, Jr.
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James M. Boyd, Jr.
Vice President of Finance
and Chief Accounting
Officer
