-----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, Rwyy6t2OyfW9be9sFh28ecDWgcGP7KU3/fdy9KPo9WZRJ1khdQaTQFB+PFhNkOF3 HrR0aqcOClALRgWv/acvbQ== 0001068800-05-000683.txt : 20051114 0001068800-05-000683.hdr.sgml : 20051111 20051114093747 ACCESSION NUMBER: 0001068800-05-000683 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051111 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051114 DATE AS OF CHANGE: 20051114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EXX INC/NV/ CENTRAL INDEX KEY: 0000089261 STANDARD INDUSTRIAL CLASSIFICATION: GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944] IRS NUMBER: 880325271 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05654 FILM NUMBER: 051197153 BUSINESS ADDRESS: STREET 1: 1350 EAST FLAMINGO SUITE 689 CITY: LAS VEGAS STATE: NV ZIP: 89119 BUSINESS PHONE: 7025983223 MAIL ADDRESS: STREET 1: 1350 EAST FLAMINGO SUITE 689 CITY: LAS VEGAS STATE: NV ZIP: 89119 FORMER COMPANY: FORMER CONFORMED NAME: SFM CORP DATE OF NAME CHANGE: 19920703 8-K 1 exx8k.txt ============================================================================ 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 (DATE OF EARLIEST EVENT REPORTED): NOVEMBER 11, 2005 ---------------- EXX INC (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) ---------------- NEVADA 1-5654 88-0325271 (STATE OR OTHER JURISDICTION (COMMISSION FILE NUMBER) (I.R.S. EMPLOYER OF ORGANIZATION) IDENTIFICATION NUMBER) 1350 EAST FLAMINGO ROAD, SUITE 300 LAS VEGAS, NEVADA 89119-5263 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (702) 598-3223 ---------------- 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 (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 8.01 Other Events (c) Exhibits 99.1 Press Release, dated November 11, 2005 Item 9.01 Financial Statements and Exhibits On November 11, 2005, EXX INC (the "Registrant") issued a press release announcing its consolidated sales and net income (loss) for the quarter and nine months ended September 30, 2005. A copy of the press release is attached hereto and incorporated herein as Exhibit 99.1. 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. EXX INC Date: November 11, 2005 By: /s/ David A. Segal ---------------------------- Chairman of the Board Chief Executive Officer Chief Financial Officer EXHIBIT INDEX Exhibit No. Description - ----------- ----------- 99.1 Press Release, dated November 11, 2005 EX-99.1 2 ex99p1.txt EXHIBIT 99.1 EXX INC Suite 689 1350 East Flamingo Road Las Vegas, NV 89119 EXX INC ANNOUNCES 3RD QUARTER 2005 CONSOLIDATED SALES AND NET LOSS Las Vegas, NV. November 11, 2005 - EXX INC (Amex: EXX-A and EXX-B) today announced its consolidated sales and net loss for the quarter and nine months ended September 30, 2005.
2005 2004 (Unaudited) (Unaudited) Quarter Ended September 30 Net sales $ 33,965,000 $ 35,140,000 Net income (loss) $ (497,000) $ 688,000 (A) Per EXX-A & B Shares: Basic $ (.04) $ .06 (A) ================== ================== Assuming dilution $ (.04) $ .06 (A) ================== ================== Average Shares Outstanding Basic 11,270,400 11,270,400 Assuming dilution 11,270,400 12,769,441 Nine Months Ended September 30 Net sales $ 109,019,000 $ 109,249,000 Net income $ 677,000 $ 2,841,000 (A) Per EXX-A & B Shares: Basic $ .06 $ .25 (A) ================== ================== Assuming dilution $ .06 $ .23 (A) ================== ================== Average Shares Outstanding Basic 11,270,400 11,270,400 Assuming dilution 12,306,719 12,541,593 (A) Restated to reflect amortization of customer relationships intangible asset totaling $112,000 or $.01 per share for the quarter ended September 30, 2004 and $336,000 or $.03 per share for the nine months ended September 30, 2004.
THE ABOVE RESULTS OF OPERATIONS CONTAIN CERTAIN FORWARD-LOOKING STATEMENTS WHICH ARE COVERED UNDER THE SAFE HARBOR PROVISIONS OF THE PRIVATE SECURITIES LEGISLATION REFORM ACT OF 1995 WITH RESPECT TO THE COMPANY'S FUTURE FINANCIAL PERFORMANCE. ALTHOUGH EXX INC BELIEVES THE EXPECTATIONS REFLECTED IN SUCH FORWARD-LOOKING STATEMENTS ARE BASED ON REASONABLE ASSUMPTIONS, IT CAN GIVE NO ASSURANCE THAT ITS EXPECTATIONS WILL BE REALIZED. FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS WHICH MAY CAUSE EXX INC'S ACTUAL RESULTS AND CORPORATE DEVELOPMENTS TO DIFFER MATERIALLY FROM THOSE EXPECTED. FACTORS THAT COULD CAUSE RESULTS AND DEVELOPMENTS TO DIFFER MATERIALLY FROM EXX INC'S EXPECTATIONS INCLUDE, WITHOUT LIMITATION, WITHDRAWAL OF BUSINESS BY PRINCIPAL CUSTOMERS, CHANGES IN MANUFACTURING AND SHIPMENT SCHEDULES, DELAYS IN COMPLETING PLANT CONSTRUCTION AND ACQUISITIONS, LABOR DISTURBANCES, NEW PRODUCT AND TECHNOLOGY DEVELOPMENTS, COMPETITION WITHIN EACH BUSINESS SEGMENT, CYCLICALITY OF THE MARKETS FOR THE PRODUCTS OF A MAJOR SEGMENT, LITIGATION, SIGNIFICANT COST VARIANCES, THE EFFECTS OF ACQUISITIONS AND DIVESTITURES, AND OTHER RISKS. -----END PRIVACY-ENHANCED MESSAGE-----