-----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, QPhwPp+3Hx7WFQoWhp2VEdgMsgDl0bTnaNO7E0vuvk+/gqAPxRxRGI8SD0UfRZys atosI2dJ8G/mKL1NEe+/jA== 0000950153-01-500049.txt : 20010307 0000950153-01-500049.hdr.sgml : 20010307 ACCESSION NUMBER: 0000950153-01-500049 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20010228 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010302 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TITAN MOTORCYCLE CO OF AMERICA INC CENTRAL INDEX KEY: 0001053691 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS REPAIR SERVICES [7600] IRS NUMBER: 860776876 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-24477 FILM NUMBER: 1560142 BUSINESS ADDRESS: STREET 1: 2222 WEST PEORIA AVE CITY: PHOENIX STATE: AZ ZIP: 85029 BUSINESS PHONE: 6028616977 MAIL ADDRESS: STREET 1: 2222 WEST PEORIA AVE CITY: PHOENIX STATE: AZ ZIP: 85029 8-K 1 p64707e8-k.txt 8-K 1 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): February 8, 2001 TITAN MOTORCYCLE CO. OF AMERICA ------------------------------------------------------ (Exact name of registrant as specified in its charter) Nevada 000-24477 86-0776876 - -------------------------------------------------------------------------------- (State or Other Jurisdiction (Commission (IRS Employer Incorporation) File Number) Identification No.) 2222 West Peoria Ave., Phoenix, AZ 85029 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (602) 861-6977 Not applicable -------------------------------------------------------------- (Former name or former address, if changed since last report.) 2 ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
Exhibit No Description - ---------- ----------- 99.1 Press Release, dated February 8, 2001, to announce the securing of court approval for new debtor in possession financing of $250,000 99.2 Press Release, dated February 28, 2001, to announce the securing of court approval for additional new debtor in possession financing of $250,000
ITEM 9. REGULATION FD DISCLOSURE. The information in this report is being furnished pursuant to Regulation FD. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended. The furnishing of the information set forth in this report is not intended to, and does not, constitute a determination or admission as to the materiality or completeness of such information. On February 8, 2001 and February 28, 2001, Titan Motorcycle Co. of America, a Nevada corporation (the "Company"), issued press releases announcing, among other things, the securing of court approval for debtor in possession financing. Copies of the Company's press releases are attached hereto as Exhibits 99.1 and 99.2, respectively, and are incorporated herein by reference. 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. TITAN MOTORCYCLE CO. OF AMERICA Date: March 1, 2001 By: /s/ Frank Keery -------------------------- Title: Chief Executive Officer -------------------------- EX-99.1 2 p64707ex99-1.txt EX-99.1 1 Exhibit 99.1 CONTACT: Frank Keery, Chief Executive Officer Madeleine Franco Titan Motorcycle Co. of America Jordan Richard Assoc. 602-861-6977 801-268-8610 www.titanmotorcycle.com ir@jordanrichard.com TITAN ANNOUNCES NEW FINANCING PHOENIX, February 8, 2001 -- Titan Motorcycle Co. of America (OTC Bulletin Board: TMOT) announced today the securing of court approval for new debtor in possession financing of $250,000, which should become available to the Company within the week. "This new $250,000 loan will allow Titan to begin the process of ramping up production to meet the upcoming seasonal demands of our international dealership network," said Frank Keery, CEO. He said that he expects in the next few weeks to further expand the Company's resource base with the availability of a second $250,000 and, once approved by the court, securing a larger, longer-term loan shortly thereafter to carry the company through its successful reorganization anticipated for later this year. Founded in 1994, Titan Motorcycle Co. of America is a premier designer, manufacturer and distributor of high-end, American-made, V-twin engine motorcycles marketed under various Titan trademarks. Titan's unique, hand-built configurations, including the Gecko(TM), Roadrunner(TM), Sidewinder(TM) and Phoenix(TM) represent the finest available in custom-designed, volume-produced, performance motorcycles. Manufactured at the Company's corporate headquarters and manufacturing facility, and available with a variety of customized options and designs, Titan large displacement motorcycles are sold through a network of over 80 domestic and international dealers. This release contains certain forward-looking statements and information that are based on management's beliefs, as well as assumptions made by and information currently available to management, including management's plans and objectives. Such statements are subject to various risks and uncertainties. The Company's liquidity, capital resources, and results of operations may be affected from time to time by a number of factors and risks, including, but not limited to, the ability of the Company to arrange debtor-in-possession financing; operate successfully under a Chapter 11 proceeding; obtain shipments and negotiate terms with vendors and service providers; fund and execute a new operating plan for the Company; attract and retain key executives and associates; meet competitive pressures which may affect the nature and viability of the Company's business strategy; generate cash flow; attract and retain dealers and customers; and manage its business notwithstanding potential adverse publicity. The Company undertakes no obligation to publicly announce the result of any revisions to any of the forward-looking statements contained in this release to reflect future events or developments. EX-99.2 3 p64707ex99-2.txt EX-99.2 1 Exhibit 99.2 CONTACT: Frank Keery, Chief Executive Officer Madeleine Franco Titan Motorcycle Co. of America Jordan Richard Assoc. 602-861-6977 801-268-8610 www.titanmotorcycle.com ir@jordanrichard.com TITAN SECURES ADDITIONAL FINANCING PHOENIX, ARIZ, February 28, 2001 -- Titan Motorcycle Co. of America (Trading Symbol: TMOTQ) announced today the securing of court approval for an additional $250,000 new debtor-in-possession financing, bringing the total cash infusion since the Company's Chapter 11 bankruptcy filing to $500,000. "The additional cash will allow Titan to continue ramping up production to meet the rising seasonal demands," said Frank Keery, CEO. He said that he expects in the next few weeks to further expand the Company's financial strength with an additional seven-figure debtor in possession loan that, once approved by the Court, will enable the company to operate through a successful reorganization in 2001. Founded in 1994, Titan Motorcycle Co. of America is a premier designer, manufacturer and distributor of high-end, American-made, V-twin engine motorcycles marketed under various Titan trademarks. Titan's unique, hand-built configurations, including the Gecko(TM), Roadrunner(TM), Sidewinder(TM) and Phoenix(TM) represent the finest available in custom-designed, volume-produced, performance motorcycles. Manufactured at the Company's corporate headquarters and manufacturing facility, and available with a variety of customized options and designs, Titan large displacement motorcycles are sold through a network of over 80 domestic and international dealers. This release contains certain forward-looking statements and information that are based on management's beliefs, as well as assumptions made by and information currently available to management, including management's plans and objectives. Such statements are subject to various risks and uncertainties. The Company's liquidity, capital resources, and results of operations may be affected from time to time by a number of factors and risks, including, but not limited to, the ability of the Company to arrange debtor-in-possession financing; operate successfully under a Chapter 11 proceeding; obtain shipments and negotiate terms with vendors and service providers; fund and execute a new operating plan for the Company; attract and retain key executives and associates; meet competitive pressures which may affect the nature and viability of the Company's business strategy; generate cash flow; attract and retain dealers and customers; and manage its business notwithstanding potential adverse publicity. The Company undertakes no obligation to publicly announce the result of any revisions to any of the forward-looking statements contained in this release to reflect future events or developments. -----END PRIVACY-ENHANCED MESSAGE-----