-----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, Uo3bOGjenYF8ukkSzQTw8JZB01nKgZEh25bciscqDaQ7GeETYr+cc70A1DeD1AhB Rvkup45bI2ypTddp1CLgFw== 0001102624-05-000339.txt : 20051222 0001102624-05-000339.hdr.sgml : 20051222 20051222141815 ACCESSION NUMBER: 0001102624-05-000339 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051222 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051222 DATE AS OF CHANGE: 20051222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PAULSON CAPITAL CORP CENTRAL INDEX KEY: 0000704159 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 930589534 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-18188 FILM NUMBER: 051281461 BUSINESS ADDRESS: STREET 1: 811 SW NAITO PARKWAY STREET 2: SUITE 200 CITY: PORTLAND STATE: OR ZIP: 97204 BUSINESS PHONE: 5032436000 MAIL ADDRESS: STREET 1: 811 SW NAITO PARKWAY STREET 2: SUITE 200 CITY: PORTLAND STATE: OR ZIP: 97204 8-K 1 paulson8k.htm PAULSON CAPITAL 8K


UNITED STATES
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: December 22, 2005
(Date of earliest event reported)

Paulson Capital Corp.
(Exact name of registrant as specified in its charter)

OR
(State or other jurisdiction
of incorporation) 		0-18188
(Commission File Number) 		93-0589534
(IRS Employer
Identification Number)

811 SW Naito Pkwy., Ste. 200
(Address of principal executive offices) 		  97204
(Zip Code)

503-243-6000
(Registrant's telephone number, including area code)

Not Applicable
(Former Name or Former Address, if changed since last report)



 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events

Announcement of $0.30 cash dividend

Item 9.01. Financial Statements and Exhibits

(a) Financial statements:
            None
(b) Pro forma financial information:
            None
(c) Exhibits
            99.1       Press Release of Paulson Capital Corp. dated December 22, 2005

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.


Dated: December 22, 2005
 PAULSON CAPITAL CORP.

By:  /s/ Barbara James                    
     Barbara James
     Asst. Corporate Secretary

Exhibit Index
Exhibit No. Description
99.1 Press Release of Paulson Capital Corp. dated December 22, 2005
EX-99 2 paulsoncapitalcorp8.htm PAULSON CAPITAL PRESS RELEASE

Paulson Capital Corp. Declares $0.30 Dividend

PORTLAND, OR -- 12/22/2005 -- Paulson Capital Corp. (NASDAQ: PLCC) today announced the authorization by the Board of Directors of a $0.30 cash dividend to shareholders of record January 17, 2006 and payable February 10, 2006.

Chester L.F. Paulson, Chairman, stated:

"This is our third, and largest, cash dividend payment to shareholders to date. We are pleased to be able to share our success with our supporters."

Paulson Capital Corp. is the parent company of Paulson Investment Company, a full service brokerage firm engaged in the purchase and sale of securities from and to the public and for its own account and in investment banking activities.

This release may contain "forward-looking statements" based on current expectations but involving known and unknown risks and uncertainties. Actual results of achievements may be materially different from those expressed or implied. The Company's plan and objectives are based on judgments with respect to future conditions in the securities markets as well as general assumptions regarding the economy and competitive environment in the securities industry, which can be volatile and out of our control. In particular, we make assumptions about our ability to complete corporate finance transactions and increase the volume and size of our securities trading operations, which are difficult or impossible to predict accurately and often beyond the control of the Company. Therefore, there can be no assurance that any forward-looking statement will prove to be accurate. 

Contact:
Chester L.F. Paulson
Chairman
503-243-6000
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