-----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, KRRce8uQEJzWjeXGc1MPcs5gtF7trg8a7EK2rpPIpUXDFwZ3KUki476nN1ZIp6QT NXQ8WwyLkl8pRA/QwBec1w== 0001144204-08-069967.txt : 20081218 0001144204-08-069967.hdr.sgml : 20081218 20081218110322 ACCESSION NUMBER: 0001144204-08-069967 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20081218 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20081218 DATE AS OF CHANGE: 20081218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WILSHIRE ENTERPRISES INC CENTRAL INDEX KEY: 0000107454 STANDARD INDUSTRIAL CLASSIFICATION: OPERATORS OF APARTMENT BUILDINGS [6513] IRS NUMBER: 840513668 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04673 FILM NUMBER: 081256612 BUSINESS ADDRESS: STREET 1: 1 GATEWAY CENTER, CITY: NEWARK STATE: NJ ZIP: 07102 BUSINESS PHONE: 2014202796 MAIL ADDRESS: STREET 1: 1 GATEWAY CENTER, CITY: NEWARK STATE: NJ ZIP: 07102 FORMER COMPANY: FORMER CONFORMED NAME: WILSHIRE OIL CO OF TEXAS DATE OF NAME CHANGE: 19920703 8-K 1 v135175_8k.htm Unassociated Document



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):  December 18, 2008

WILSHIRE ENTERPRISES, INC.
(Exact name of Registrant as specified in its charter)


 
Delaware 1-4673  84-0513668
(State or incorporation or organization) 
 (Commission File Number)   (I.R.S. Employer Identification No.)
 
1 Gateway Center, Newark, NJ, 07102
(Address of principal executive offices)

(201) 420-2796
(Registrant’s telephone number, including area code)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

x
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





Item 7.01    
 Regulation FD Disclosure.

On December 18, 2008, Wilshire Enterprises, Inc. issued a press release outlining its strategies for 2009.  A copy of the press release is attached to this filing as Exhibit 99.1.

Item 9.01
 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit 99.1-- Registrant’s Press Release, dated December 18, 2008.




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SIGNATURE

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.
 
 
WILSHIRE ENTERPRISES, INC.
(Registrant)
 
       
Dated:  December 18, 2008 
By:
/s/ Sherry Wilzig Izak  
    Sherry Wilzig Izak  
   
Chairman of the Board and
Chief Executive Officer
 
       


                                                                          
 



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EXHIBIT INDEX


Exhibit 99.1-- Registrant’s Press Release, dated December 18, 2008.
 
 
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EX-99.1 2 v135175_ex99-1.htm Unassociated Document
FOR IMMEDIATE RELEASE
AMEX: WOC

Wilshire Enterprises, Inc. Outlines Strategies For 2009

NEWARK, N.J., December 18, 2008 – Wilshire Enterprises, Inc. ("Wilshire" or the "Company") (Amex: WOC) President and COO Kevin B. Swill today outlined the Company's strategies for 2009.  "We are moving Wilshire in a new direction.  Under my guidance, we are developing programs to improve our current business and establish priorities to address new opportunities for the future.  Additionally, in 2009 we will evaluate opportunities for the Company to purchase real properties and existing loans on attractive terms, alone or in partnership with others, employing my extensive network of contacts in the real estate management and real estate finance communities," Swill said.  As previously reported, Wilshire has launched a thorough review of its existing real estate portfolio, including rents, comp sets, capital expenditure budgets, and the economies in the areas surrounding Wilshire properties.

About Wilshire Enterprises
Wilshire is engaged primarily in the ownership and management of real estate investments in Arizona, Texas and New Jersey.  Wilshire’s portfolio of properties includes five rental apartment properties with 950 units, 10 condominium units, two office buildings and a retail/office center with approximately 200,000 square feet of office and retail space, and slightly more than 19 acres of land.

FORWARD-LOOKING STATEMENT:
Any non-historical statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to several risks and uncertainties that could cause actual results to differ materially from such statements. The potential risks and uncertainties include, among others, general economic conditions, industry specific conditions and the possibility that Wilshire may be adversely affected by other economic, business, and/or competitive factors, as well as other risks and uncertainties disclosed in Wilshire's 2007 Annual Report on Form 10-K filed with the Securities and Exchange Commission.


IMPORTANT ADDITIONAL INFORMATION AND WHERE TO FIND IT:

In connection with its upcoming annual meeting, Wilshire will file a proxy statement with the Securities and Exchange Commission (the “SEC”).  INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE PROXY STATEMENT WHEN IT BECOMES AVAILABLE BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION .   Investors and security holders may obtain a free copy of the proxy statement (when available) and other relevant documents filed with the SEC from the SEC’s website at www.sec.gov.  Wilshire's security holders and other interested parties will also be able to obtain, without charge, a copy of the proxy statement and other relevant documents (when available) by directing a request by mail to the Company 1 Gateway Center, Newark, NJ 07102,  or by telephone to 201-420-2796.

Wilshire and its directors and officers may be deemed to be participants in the solicitation of proxies from the Company's stockholders with respect to the annual meeting.  Information about Wilshire's directors and officers and their ownership of the Company's Common Stock is set forth in Wilshire's proxy statements and Annual Reports on Form 10-K previously filed with the SEC, and will be set forth in the proxy statement relating to the annual meeting when the proxy statement becomes available.



Company Contact:
Sherry Wilzig Izak, Chairman, 201-420-2796
Agency Contact:   Neil Berkman, Berkman Associates, 310-826-5051
                                         




 
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