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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: January 11, 1999 Commission File Number 0-4539
TRANS-INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
Delaware 13-2598139
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
2637 S. Adams Road, Rochester Hills, MI 48309
(Address of principal executive offices) (Zip Code)
(248) 852-1990
(Registrant's telephone number, including area code)
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Item 5. OTHER EVENTS.
An aggregate of 62,948 shares of Trans-Industries' common stock have
been presented to the Company's transfer agent for either transfer or dividends
due. Shares presented are not included in the records of the current transfer
agent and were not included in outstanding shares at the time the current agent
received the records (May, 1995). The Company has contacted the prior transfer
agent in an effort to resolve the discrepancy. The former transfer agent has
advised us that the records have been destroyed and they are unable to
reconstruct activity for the period they provided service. The current agent has
advised us that the certificates in question appear to be valid and to have been
validly issued. The Company, upon examination of the certificates in question,
concurs with this conclusion. Accordingly, the Company, in order to fulfill its
obligation, has decided to issue an equivalent number of shares (8675) of
authorized unissued common stock in exchange for the certificates the holders
presented for transfer. A check has been issued for dividends payable on the
remaining 54,273 shares in question. Accordingly the number of outstanding
shares of the Company's outstanding stock has been increased from 3,074,400 to
3,137,348, effective as of May 16, 1998.
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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 thereunto duly authorized.
TRANS-INDUSTRIES, INC.
Date: January 11, 1999 /s/ Kai Kosanke
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Kai Kosanke, Treasurer
and Chief Financial Officer
Date: January 11, 1999 /s/ Paul Clemo
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Paul Clemo
Assistant Treasurer
