-----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, U2VItFgrFYkZ2hIp44TOM2lmMTFsF4LDVLLmGiEcztZsjD6Tl2PjVRskHAiUk10J I6nalwHr8LNooJcEllrpxw== /in/edgar/work/20000912/0001028212-00-000042/0001028212-00-000042.txt : 20000922 0001028212-00-000042.hdr.sgml : 20000922 ACCESSION NUMBER: 0001028212-00-000042 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000912 ITEM INFORMATION: FILED AS OF DATE: 20000912 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DIALYSIS CORP OF AMERICA CENTRAL INDEX KEY: 0000201653 STANDARD INDUSTRIAL CLASSIFICATION: [8060 ] IRS NUMBER: 591757642 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-08527 FILM NUMBER: 720971 BUSINESS ADDRESS: STREET 1: 27 MILLER AVENUE CITY: LEMOYNE STATE: PA ZIP: 17043 BUSINESS PHONE: 7177306164 MAIL ADDRESS: STREET 1: 27 MILLER AVENUE CITY: LEMOYNE STATE: PA ZIP: 17043 8-K 1 0001.txt DCA FORM 8-K 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) September 12, 2000 DIALYSIS CORPORATION OF AMERICA ------------------------------------------------------ (Exact name of registrant as specified in its charter) Florida 0-8527 59-1757642 - ---------------------------- ----------- ------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 27 Miller Avenue, Lemoyne, Pennsylvania 17043 ---------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (717) 730-6164 -------------- Item 5. Other Events The Company plans to acquire up to approximately 300,000 shares of its outstanding trading stock, which presently is approximately 1,350,000 shares, at current market prices. This is based on management's belief that the common stock, based on current market prices, is undervalued. The purchases will be funded from internally generated funds. The press release, an exhibit to this Current Report, provides more information with regard to the repurchase program. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits (a) Financial Statements of Businesses Acquired Not Applicable (b) Pro Forma Financial Information Not Applicable (c) Exhibits (99) Additional Exhibits (i) Press Release re: purchase of Company's common stock dated September 12, 2000. 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. DIALYSIS CORPORATION OF AMERICA /s/ Stephen W. Everett By------------------------------------- STEPHEN W. EVERETT, President Dated: September 12, 2000 EXHIBIT INDEX (99) Additional Exhibits (i) Press Release re: purchase of Company's common stock dated September 12, 2000. EX-99.1 2 0002.txt PRESS RELEASE 99(i) Press Release re: purchase of Company's common stock dated September 12, 2000. Press Release DIALYSIS CORPORATION OF AMERICA DIALYSIS CORPORATION OF AMERICA ANNOUNCES PLAN TO PURCHASE ITS COMMON STOCK Lemoyne, PA - September 12, 2000 - Dialysis Corporation of America (the "Company") (NASDAQ-DCAI) announces its intent to acquire up to approximately 300,000 of its outstanding trading shares of common stock, which float currently approximates 1,350,000 shares, at prevailing market prices. Management believes its common stock, based on current market prices, is undervalued. The repurchases will be funded from internally generated funds. However, the determination to repurchase common stock is not deemed to be a recommendation to shareholders or others to purchase or sell the common stock of the Company. The shares may be purchased from time to time in the open market, in privately negotiated transactions or in block purchases. The common stock closed on Monday, September 11, 2000 at $.88. Dialysis Corporation of America owns and operates free standing kidney hemodialysis centers in Pennsylvania and New Jersey, providing patients with a choice of a full range of quality in-center, acute or at-home hemodialysis services. The Company plans expansion in other states, and currently has two new dialysis facilities under construction in Georgia and Ohio. This release contains forward-looking statements that are subject to risks and uncertainties, including but not limited to certain delays beyond the Company's control with respect to future business events, the extent of acquiring shares of common stock at current market prices, regulation of dialysis operations, government rate determination for Medicare reimburse- ment, the highly competitive environment in the operation and acquisition of dialysis centers, the ability to develop additional dialysis facilities, whether patient bases of the Company's dialysis facilities can expand to provide profitability and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. CONTACT: For more information, contact Thomas K. Langbein, CEO, Dialysis Corporation of America, 777 Terrace Avenue, Hasbrouck Heights, NJ 07604. Telephone Number (201) 288-8222. -----END PRIVACY-ENHANCED MESSAGE-----