-----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, MwomdUfr8NFNZqd/CDfICxzAid25DMeUTK/tI4UWyjvuk5AN6wuO6Mm02mF95IMk 4BYDafGJDodrZRFzFAmdKA== 0001013762-99-000098.txt : 19990608 0001013762-99-000098.hdr.sgml : 19990608 ACCESSION NUMBER: 0001013762-99-000098 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990601 FILED AS OF DATE: 19990607 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TALISMAN ENTERPRISES INC CENTRAL INDEX KEY: 0001076831 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: SEC FILE NUMBER: 000-29972 FILM NUMBER: 99641649 BUSINESS ADDRESS: STREET 1: 2330 SOUTHFIELD RD STREET 2: UNIT 3-4 CITY: MISSISSAUGA ONTARIO STATE: A6 BUSINESS PHONE: 9058263995 MAIL ADDRESS: STREET 1: 2330 SOUTH, FIELD ROAD STREET 2: MISSISSAUGA, ONTARIO 6-K 1 C:\MYFILES\TALISMAN\6-K.FIN SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Issuer PURSUANT to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 Filing No. 1 for the month of June, 1999 Talisman Enterprises Inc. -------------------------- (Exact name of Registrant) 2330 Southfield Road, Mississauga, Ontario, Canada L5N 2W8 ------------------------------------------------------------- (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F Form 20-F X Form 40-F __ Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes __ No X TALISMAN ENTERPRISES INC. On May 31, 1999, the Company filed its unaudited financial statements for the period ended March 31, 1999 with the Ontario Securities Commission. The financial statements are filed as an exhibit to this Form 6-K. Exhibit 1. Financial Statements for the Period Ended March 31, 1999 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. TALISMAN ENTERPRISES INC. By:/s/James Ogle Date: June 7, 1999 James Ogle, President TALISMAN ENTERPRISES INC. (formerly Firesand Resources Ltd.) UNAUDITED CONSOLIDATED STATEMENT OF LOSS AND DEFICIT FOR THE 3 MONTHS ENDED MARCH, 1999
3 MONTHS 1999 3 MONTHS 1998 Revenues ................................... $ 43,589 $ 371,433 Operating expenses ......................... $ 387,551 $ 273,701 Gross profit ............................... $ (343,962) $ 97,732 Expenses Selling, general and administrative ........ $ 491,300 $ 400,939 Amortization ............................... $ 125,918 $ 116,946 Interest on long-term debt ................. $ 13,598 $ 8,399 $ 630,816 $ 526,284 Loss for the period ........................ $ (974,778) $ (428,552) Deficit, beginning of period ............... $(4,791,914) $(1,381,784) Deficit, end of period ..................... $(5,766,692) $(1,810,336) Loss per share ............................. (.94 cents) (.83 cents)
FULL DISCLOSURE OF ACCOUNTING PRINCIPLES IS OUTLINED IN THE DECEMBER 31, 1998 CONSOLIDATED FINANCIAL STATEMENTS TALISMAN ENTERPRISES INC. (formerly Firesand Resources Ltd.) UNAUDITED CONSOLIDATED STATEMENT OF CASH FLOW FOR THE 3 MONTHS ENDED MARCH, 1998
3 MONTHS 1999 3 MONTHS 1998 Operating Activities Loss for period .............................. $ (974,778) $ (428,552) Charges to Income not affecting cash- Depreciation ................................. $ 125,916 $ 116,946 ----------- ----------- $ (848,862) $ (311,606) Change in non-cash working capital items ................................ $ (547,212) $ (170,177) ----------- ----------- $(1,396,074) $ (481,783) Cash used in operating activities Investing Activities Capital assets ............................... $ (341,027) $ 24,987 Deferred Charges ............................. $ (402,491) $ 0 Other assets ................................. $ 30,001 $ 3,640 ----------- ----------- Cash provided by investing activities ........ $ (713,517) $ (28,627) Financing Activities Long-term debt Repayment of long-term debt .................. $ (37,500) $ (25,000) Repayment of note payable .................... $ $ (114,545) proceeds of note payable ..................... $ $ 30,000 Issue of Convertible Promissory Note ......... $ 3,207,055 Issue of Common Shares ....................... __________ $ 126,670 ----------- Cash provided by financing ................... $ 3,169,555 $ 17,125 Increase(decrease) in cash ................... $ 1,059,964 $ (436,031) cash beginning of period ..................... $ (622,845) $ 38,250 ----------- ----------- Cash, end of period .......................... $ (437,119) $ (397,781) =========== ===========
FULL DISCLOSURE OF ACCOUNTING PRINCIPLES IS OUTLINED IN THE DECEMBER 31, 1998 CONSOLIDATED FINANCIAL STATEMENTS -----END PRIVACY-ENHANCED MESSAGE-----