-----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, LeTFe6fle4vSsk9YqAD1psQXc+bwdTy7J2W72XCBKyZE+vYDJ/k5OL+4m3IJCRRH 3fmxRctshBurcqSNqcxupQ== 0000356446-97-000014.txt : 19970710 0000356446-97-000014.hdr.sgml : 19970710 ACCESSION NUMBER: 0000356446-97-000014 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970630 ITEM INFORMATION: Other events FILED AS OF DATE: 19970709 SROS: NASD 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: 97637887 BUSINESS ADDRESS: STREET 1: P O BOX 74 STREET 2: 376 MAIN STREET 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 8-K 1 ITEM 5. 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) June 30, 1997 Pure World, Inc. (Exact name of registrant as specified in its charter) Delaware 0-10566 95-3419191 (State of other (Commission (I.R.S. Employer jurisdiction of File Number) Indentification No.) incorporation) 376 Main Street, P.O. Box 74, Bedminster, New Jersey 07921 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (908) 234-9220 Item 5. Other Information - ---------------------------- On June 30, 1997 Pure World, Inc., ("Pure World") acquired 200 shares of the common stock of Gaia Herbs, Inc. ("Gaia") at an aggregate purchase price of $500,000 (the "Purchase"). The Purchase increased Pure World's investment in Gaia to $1,510,000 and increased Pure World's equity ownership to 35% of Gaia's outstanding shares of common stock ("Gaia Stock"). For no additional consideration, Pure World is obligated to loan up to $200,000 to Gaia, payable interest only for the first three years and thereafter principal and interest amortized over the succeeding three years (the "Loan"). The Loan will bear interest at the imputed rate required under the Internal Revenue Code. All of the Gaia Stock owned by Pure World is non-voting. Gaia and its Chief Executive Officer, who owns all of the voting Gaia Stock, agreed to elect a Pure World nominee to the Gaia board no later than August 15, 1997. The first nominee will be Paul O. Koether, Pure World's Chairman and Chief Executive Officer. Pure World accounts for its Gaia investment by the cost method. Gaia is a manufacturer and distributor of fluid botanical extracts for the high-end consumer market. 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. Dated: July 9, 1997 PURE WORLD, INC. /s/ John W. Galuchie, Jr. ------------------------------- By: John W. Galuchie, Jr. Executive Vice President -----END PRIVACY-ENHANCED MESSAGE-----