Note to All,
...Copied from recent 8K Filed on or about February 25, 1998 & released to public on 03/01/98. No mention of this company going away or of the previously stated vendor agreement..... Here is one of the key statements I picked up on.____
"The Company will continue to operate as a debtor-in-possession, with its existing directors and officers, subject to the supervision and orders of the Bankruptcy Court."
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COMPANY DATA:
COMPANY CONFORMED NAME: STREAMLOGIC CORP
CENTRAL INDEX KEY: 0000718865
STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER STORAGE DEVICES [3572]
IRS NUMBER: 953093858
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0329
FILING VALUES:
FORM TYPE: 8-K
SEC ACT:
SEC FILE NUMBER: 000-12046
FILM NUMBER: 98550283
FORM 8-K - DATE OF REPORT: FEBRUARY 19, 1998.
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): FEBRUARY 19, 1998
STREAMLOGIC CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 95-3093858
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification number)
COMMISSION FILE NUMBER: 0-12046
8450 CENTRAL AVENUE
NEWARK, CALIFORNIA 94560
(Address of principal executive offices and zip code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (510) 608-4000
ITEM 3. BANKRUPTCY OR RECEIVERSHIP.
On June 26, 1997, StreamLogic Corporation (the "Company") filed a voluntary petition in the United States Bankruptcy Court for the Northern District of California, San Francisco Division ("Bankruptcy Court"), seeking protection under Chapter 11 of the United States Bankruptcy Code. The Company will continue to operate as a debtor-in-possession, with its existing directors and officers, subject to the supervision and orders of the Bankruptcy Court.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Exhibits
99.1 Monthly Operating Report for the Month of January 1998, as filed with the United States Bankruptcy Court for the Northern District of California, San Francisco Division.
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.
STREAMLOGIC CORPORATION
(Registrant)
Date: February 25, 1998 By /s/ Chapman Stranahan
--------------------------------
Chapman Stranahan
President
Exhibit Index
99.1 Monthly Operating Report for the Month of January 1998, as filed with the United States Bankruptcy Court for the Northern District of California, San Francisco Division.
MONTHLY OPERATING REPORT - JANUARY 1998
EXHIBIT 99.1
Monthly Operating Report for the Month of January 1998,
as filed with the United States Bankruptcy Court for the Northern District of California, San Francisco Division.
UNITED STATES BANKRUPTCY COURT
NORTHERN DISTRICT OF CALIFORNIA
IN RE: STREAMLOGIC CORPORATION CASE NO. 97-32984 DM
CHAPTER 11 MONTHLY OPERATING REPORT (GENERAL BUSINESS CASE)
SUMMARY OF FINANCIAL STATUS
MONTH ENDED January 31, 1998
--------------------------
1. Debtor in possession (or trustee) hereby submits this Monthly Operating Report on the Accrual Basis of accounting (or if checked here ___ the Office of the U.S. Trustee or the Court has approved the Cash Basis of Accounting for the Debtor). Dollars reported in ($ _____).
2. ASSET/LIABILITY SUMMARY
____________________________________________
---------------------------------END OF--------END OF-------AS OF
---------------------------------CURRENT-------PRIOR-------PETITION
---------------------------------MONTH--------.MONTH--------FILING
_________ ____________ ___________
Current Assets (Market Value) $ 2,709,281 $ 3,331,659 $18,388,407*
----------- ----------- -----------
Total Assets (Market Value) $ 7,562,391 $ 8,316,879 $22,312,581*
----------- ----------- -----------
Current Liabilities $ 527,631 $ 441,700 $ 0
----------- ----------- -----------
Total Liabilities $30,864,631 $30,928,700 $28,859,237
----------- ----------- ------------
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