-----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, MLCz7gdYGwOrGdBkJy5GDPcxR9Qoz0H/ImbUyHFOJ49dohpsw5doYiiJop0/iNxm uGioq80/AYbDy6PhXRG/Fg== 0000351903-02-000081.txt : 20021205 0000351903-02-000081.hdr.sgml : 20021205 20021205161946 ACCESSION NUMBER: 0000351903-02-000081 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021126 ITEM INFORMATION: Other events FILED AS OF DATE: 20021205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: J NET ENTERPRISES INC CENTRAL INDEX KEY: 0000351903 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] IRS NUMBER: 880169922 STATE OF INCORPORATION: NV FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09728 FILM NUMBER: 02849913 BUSINESS ADDRESS: STREET 1: 8750 N CENTRAL EXPRESSWAY 600 CITY: DALLAS STATE: TX ZIP: 75231 BUSINESS PHONE: 7022635555 MAIL ADDRESS: STREET 1: 8750 N CENTRAL EXPRESSWAY 600 CITY: DALLAS STATE: TX ZIP: 75231 FORMER COMPANY: FORMER CONFORMED NAME: JACKPOT ENTERPRISES INC DATE OF NAME CHANGE: 19920703 8-K 1 taxrefund02.txt 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): November 26, 2002 J NET ENTERPRISES, INC. (Exact Name of Registrant as Specified in its Charter) 1-9728 ---------- (Commission File Number) Nevada 88-0169922 ---------- ---------- (State of Incorporation) (I.R.S. Employer Identification Number) 4020 Lake Creek Drive, #100 Wilson, Wyoming 83014 ------------------------------ (Address, including zip code, of Principal Executive Offices) (307) 739-8603 ------------------- (Registrant's Telephone Number, Including Area Code) ITEM 5. OTHER EVENTS In March 2002, the Job Creation and Worker Assistance Act of 2002 (the "Act") was signed into law. Among other things, the Act extended the carry-back period for operating and capital losses incurred in fiscal years ended in 2001 and 2002 from two years to five years. Based on this legislation, on November 26, 2002, the Company filed for a refund of federal income taxes previously paid of $7.66 million. It is anticipated that the refund will be received in early 2003. The refund claim is subject to audit by the Internal Revenue Service and the review and approval of the Congressional Joint Committee on Taxation. There can be no assurance as to what part, if any, of such refund will ultimately be allowed. Upon receipt of any refund, management will determine an appropriate amount to reserve pending further review by the Internal Revenue Service. Presently, the amount of such a reserve is expected to be $6.9 million. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS Not Applicable (C) EXHIBITS Not Applicable 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 hereunto duly authorized. J NET ENTERPRISES, INC. By: /s/ Mark W. Hobbs _________________ Name: Mark W. Hobbs Title: President Dated: December 5, 2002 -----END PRIVACY-ENHANCED MESSAGE-----