-----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, Sy0u7KqrSoPCfh8kntlMG9loKfc9fVeyB5U2zt78qaHBHK7iuwOwshqYKm1GZhPu b7wGhftY9q7UKzO5PjmuwA== 0000356446-04-000011.txt : 20040423 0000356446-04-000011.hdr.sgml : 20040423 20040423111145 ACCESSION NUMBER: 0000356446-04-000011 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040423 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20040423 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PURE WORLD INC CENTRAL INDEX KEY: 0000356446 STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799] IRS NUMBER: 953419191 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-10566 FILM NUMBER: 04749732 BUSINESS ADDRESS: STREET 1: P O BOX 74 STREET 2: 376 MAIN ST CITY: BEDMINSTER STATE: NJ ZIP: 07921 BUSINESS PHONE: 9082349220 MAIL ADDRESS: STREET 1: P O BOX 74 STREET 2: 376 MAIN STREET CITY: BEDMINSTER STATE: NJ ZIP: 07921 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN HOLDINGS INC /DE/ DATE OF NAME CHANGE: 19940411 FORMER COMPANY: FORMER CONFORMED NAME: COMPUTER MEMORIES INC /DE/ DATE OF NAME CHANGE: 19940411 FORMER COMPANY: FORMER CONFORMED NAME: COMPUTER MEMORIES INC DATE OF NAME CHANGE: 19920908 8-K 1 purw8k1st04.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) April 23, 2004 Pure World, Inc. ---------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware -------------------------------------------------- (State or other jurisdiction of Incorporation) 0-10566 95-3419191 ----------- ----------------- (Commission File Number) (IRS Employer Identification Number) 376 Main Street, P.O. Box 74, Bedminster, New Jersey 07921 ---------------------------------------------------------------- (Address of Principal Executive Offices, Zip Code) 908-234-9220 --------------------------------------------------- (Registrant's Telephone Number, including area code) Not Applicable --------------------------------------- (Former name of former addresses, if changed since last report) Item 7. Financial Statements and Exhibits (c) Exhibits Exhibit No. Exhibit ----------- ------- 99.1 Press Release of Pure World, Inc. dated April 23, 2004. Item 9. Regulation FD Disclosure (including Item 12. Results of Operations and Financial Condition). On April 23, 2004, Pure World, Inc. issued a press release reporting earnings and other financial results for its first quarter of 2004, which ended March 31, 2004. A copy of the press release is attached as Exhibit 99.1. SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Pure World, Inc. April 23, 2004 /s/ Sue Ann Merrill ---------------------------- Sue Ann Merrill Chief Financial Officer (Principal Financial and Accounting Officer) EX-99 3 prerel1st04.txt Exhibit 99.1 April 23, 2004 Direct Inquiries To: Paul O. Koether, Chairman (908) 234-9220 PURE WORLD ANNOUNCES FIRST QUARTER RESULTS ------------------------------------------ BEDMINSTER, NEW JERSEY - PURE WORLD, INC., (PURW-NASDAQ) ("Pure World" or the "Company") announced that revenues were $7,615,000 for the first quarter of 2004 compared to $7,573,000 for the first quarter of 2003. Net income for the first quarter of 2004 was $202,000 ($.03 per share) compared to net income of $692,000 ($.09 per share) for the same quarter in 2003. Pure World has 7,527,336 shares of common stock outstanding. This Release contains forward-looking statements which may involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results and performance in future periods to be materially different from any future results or performance suggested by these statements. Pure World cautions investors not to place undue reliance on forward-looking statements, which speak only to management's expectations on this date. The per share earnings in the text of this news release are diluted earnings per share. PURE WORLD, INC. AND SUBSIDIARIES CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 2004 AND 2003 (in thousands, except per share data) (UNAUDITED) Three Months Ended March 31, ------------------ 2004 2003 ------ ------ Revenues: Sales $ 7,613 $ 7,466 Interest and other income 2 107 ------- ------- Total revenues 7,615 7,573 ------- ------- Expenses: Cost of goods sold 6,082 5,426 Selling, general and administrative 1,305 1,316 ------- ------- Total expenses 7,387 6,742 ------- ------- Income before income taxes 228 831 Provision for income taxes 26 139 ------- ------- Net income $ 202 $ 692 ======= ======= Basic and diluted net income per share $ .03 $ .09 ======= ======= CONSOLIDATED CONDENSED BALANCE SHEET MARCH 31, 2004 (in thousands) (UNAUDITED) Cash and cash equivalents $ 819 Accounts receivable, net 4,289 Inventories 7,578 Other 630 -------- Total current assets 13,316 Plant and equipment, net 6,811 Investment in unaffiliated natural products company 1,510 Goodwill 1,144 Other assets 732 -------- Total assets $ 23,513 ======== Current liabilities $ 5,737 Long-term debt 1,892 -------- Total liabilities 7,629 Stockholders' equity 15,884 -------- Total liabilities and stockholders' equity $ 23,513 ======== -----END PRIVACY-ENHANCED MESSAGE-----