-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, O3dHGC31OYczONTzj6Jt033qt7+0Ms1sZn3qnmy1I1/LAx7eAF35fMvTTZhalLLL eMc41BovmO7hXl1CMZDmOw== 0000912057-01-528972.txt : 20010816 0000912057-01-528972.hdr.sgml : 20010816 ACCESSION NUMBER: 0000912057-01-528972 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010813 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20010815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STAR TELECOMMUNICATIONS INC CENTRAL INDEX KEY: 0001026486 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 770362681 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22581 FILM NUMBER: 1715541 BUSINESS ADDRESS: STREET 1: 223 EAST DE LA GUERRA STREET STREET 2: STE 202 CITY: SANTA BARBARA STATE: CA ZIP: 93101 BUSINESS PHONE: 8058991962 MAIL ADDRESS: STREET 1: 223 EAST DE LA GUERRA STREET CITY: SANTA BARBARA STATE: CA ZIP: 93101 8-K 1 a2057007z8-k.txt FORM 8-K UNITED STATES 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) August 13, 2001 ------------------------------- STAR TELECOMMUNICATIONS, INC. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 000-22581 77-0362681 - -------------------------------------------------------------------------------- (State or other (Commission (I.R.S. Employer jurisdiction File Number) Identification No.) of incorporation) 223 East De La Guerra, Santa Barbara, California 93101 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (805) 899-1962 ----------------------------- N/A - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report.) ITEM 5. OTHER EVENTS. Attached as EXHIBIT 99.1 is the press release issued by STAR Telecommunications, Inc., dated August 13, 2001, which is hereby incorporated by reference herein. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits.
Exhibit Description of Exhibit ------- ----------------------- 99.1 Press Release, dated August 13, 2001.
2. 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. STAR TELECOMMUNICATIONS, INC. Dated: August 15, 2001 By: /s/ GORDON HUTCHINS, JR. ------------------------------------ Gordon Hutchins, Jr. Acting Chief Executive Officer 3. EXHIBIT INDEX
Description of Page Exhibit Exhibit Number ------- ----------------------------------------------- ------ 99.1 Press Release, dated August 13, 2001
4. EX-99.1 3 a2057007zex-99_1.txt EXHIBIT 99.1 COURT GRANTS STAR UNTIL OCTOBER 12, 2001 TO FILE A PLAN OF REORGANIZATION SANTA BARBARA, Calif.--August 13, 2001-- STAR Telecommunications, Inc. announced today that on August 6, 2001, the United States Bankruptcy Court for the District of Delaware approved an order extending STAR Telecommunications, Inc.'s exclusive period in which to file a plan of reorganization to October 12, 2001. From October 12, 2001 through November 12, 2001, a co-exclusivity period will exist, during which time both STAR and the Creditors' Committee will have the right to file. Either STAR and/or the Creditors' Committee, depending upon whether either party or both parties file a plan in such period, shall have until January 14, 2002 to solicit acceptances of any such plan. STAR filed a voluntary petition for U.S. Bankruptcy Code Chapter 11 bankruptcy protection on March 13, 2001. Trading in STAR's stock was halted by NASDAQ on March 13, 2001 in accordance with Marketplace Rule 4450(f), pending receipt and review of additional information requested by the staff. On March 27, 2001, STAR requested that NASDAQ terminate the designation of its securities as NASDAQ National Market securities and requested that the staff delist its securities at the earliest practicable date, in accordance with Marketplace Rule 4480(b). STAR's securities were subsequently delisted by NASDAQ on April 4, 2001. Trading in STAR's stock is extremely limited. With the termination of its wholesale business, STAR has resolved to pursue an orderly liquidation of its assets in Chapter 11 in an efficient manner designed to maximize the value of its assets for the benefit of its creditors. ABOUT STAR TELECOMMUNICATIONS STAR Telecommunications provides global telecommunications services to consumers and long distance carriers. STAR provides international and national long distance services, international private line, dial around services and international toll-free services. Except for the historical information contained herein, this press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21B of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby. STAR's future actual results could differ materially from the forward-looking statements discussed herein. Under applicable bankruptcy requirements and procedures, STAR intends to prepare and file with the Bankruptcy Court monthly operating statements, which include summary unaudited consolidated statements of operations, consolidated balance sheets and consolidated statements of cash flow. As a result of the substantial expense and undue hardship that would be incurred by STAR in preparing quarterly and annual reports, STAR has ceased filing quarterly and annual reports on Forms 10-Q and 10-K, respectively, with the Securities and Exchange Commission and instead will file the monthly operating statements as exhibits to Current Reports on Form 8-K in accordance with SEC Release No. 34-9660. CONTACT STAR Telecommunications, Inc. Eric Bohman, 800-899-1962 (Investor Relations) ir@startel.com -----END PRIVACY-ENHANCED MESSAGE-----