8-K 1 princeton8k8061.txt CURRENT REPORT 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 (Date of earliest event reported) October 24, 2002 PRINCETON AMERICAN CORPORATION (Exact name of registrant as specified in its charter) Nevada 0-5141 22-1848644 -------------------------------------------------------------------------------- (State or other (Commission File (IRS Employer Jurisdiction of Number) Identification Incorporation) Number) 2222 E. Camelback Road, Suite 105, Phoenix, Arizona 85016 -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) Registrant's Telephone Number, including area code: (602) 522-2444 Item 5. Other On October 17, 2002, Princeton American Corporation was notified by its sponsoring broker, Peacock, Hislop, Staley and Given, Inc. that the NASD has determined that the Company is now eligible for trading on the OTC Bulletin Board. The Company has been assigned the trading symbol "PAMC". SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. October 24, 2002 Princeton American Corporation By: /s/ William C. Taylor ------------------------------------ William C. Taylor, Chief Executive Officer

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 (Date of earliest event reported) June 11, 2002

PRINCETON AMERICAN CORPORATION (Exact name of registrant as specified in its charter)

Nevada	0-5141	22-1848644
(State or other	(Commission File	(IRS Employer
Jurisdiction of	Number)	Identification
Incorporation)		Number)
2222 East Camelback Road, Suite 105, Phoenix, Arizona		85016
(Address of Principal Executive Offices)		(Zip Code)

Registrants Telephone Number, including area code: (602) 522-2444

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Item 3. Bankruptcy or Receivership SIGNATURES

Item 3. Bankruptcy or Receivership

Princeton American Corporation sets forth below the following material developments in the United States Bankruptcy Court pursuant to the implementation of and operation under its Joint Plan of Reorganization which became effective December 20, 1997:

Notice of Hearing Princeton American Corporation’s Motion for Approval of Plan Implementation Order re Distribution to Nonresponsive Shareholders and Creditors, all of which is set forth in EXHIBIT A which is attached hereto in its entirety and made a part hereof.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

June 18, 2002

Princeton American Corporation By: /s/ William C. Taylor William C. Taylor, Chief Executive Officer

Exhibit A

40 North Central Avenue Phoenix, Arizona 85004-4429 Facsimile (602) 262-5747 Telephone (602) 262-5311

Bret A. Maidman State Bar No. 011604 Email: bmaidman@lrlaw.com Henk Taylor State Bar No.: 016321 Email: htaylor@lrlaw.com

Attorneys for Reorganized Debtor Princeton American Corporation

UNITED STATES BANKRUPTCY COURT

DISTRICT OF ARIZONA

In Re:

)

PRINCETON AMERICAN

)

CORPORATION

)

Chapter 11

)

Debtor.

)

Case No. 96-13675 PHX JMM

)

NOTICE OF HEARING

)

EIN: 86-0638840

)

Date:

July 31, 2002

)

Time:

11:00 a.m.

)

Place:

11th Floor, Courtroom #1

)

Phoenix, Arizona

NOTICE IS GIVEN that a hearing will be held at the United States Bankruptcy Court, 10th Floor, Courtroom 5, 2929 North Central Avenue, Phoenix, Arizona, on July 31, 2002 at 11:00 a.m., to consider and act upon:

Motion for Approval of Plan Implementation Order re Distributions to Nonresponsive Shareholders and Creditors. Pursuant to 11 U.S.C. §§ 105 and 1142(b), the reorganized debtor, Princeton American Corporation, has requested entry of an order approving a proposed procedure for handling distributions to creditors and shareholders that the company has been unable to locate or that have not responded to the company’s inquiries (the “Nonresponsive Claimants”). Specifically, Princeton has requested that the Court:

(1) authorize Princeton to place the monetary and stock distributions due to Nonresponsive Claimants in escrow; (2) direct Princeton to conduct a national database search for addresses of Nonresponsive Claimants that it has been unable to locate to date;

(3) direct Princeton to send by U.S. Mail a notice of distribution to Nonresponsive Claimants to their last known addresses (as updated per the nationwide database search); (4) direct that distributions due to nonresponsive creditors who fail to claim their distributions within six months of notice be vested in the company; and (5) authorize Princeton to remove from its share register the names of any nonresponsive shareholders who do not claim their distributions within six months of notice.

For further information, consult the motion on file in the office of the Clerk of the United States Bankruptcy Court. Any objection to the motion must be made in writing and filed with the Clerk of the United States Bankruptcy Court, P.O. Box 34151, 2929 N. Central Ave., Phoenix, Arizona 85067-4151, on or before July 24, 2002, and served upon the attorneys for the reorganized debtor:

Bret A. Maidman Henk Taylor, Esq. LEWIS AND ROCA LLP 40 North Central, Suite 1900 Phoenix, Arizona 85004 Attorneys for Princeton American Corporation

DATED: June 11, 2002.

/s/ BAM (#011604) Bret A. Maidman Henk Taylor Attorney for Reorganized Debtor Princeton American Corporation

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Filing Compare · PRINCETON AMERICAN CORP