Jim:
Still no news, but this was filed today
PART III -- NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
(ATTACH EXTRA SHEETS IF NEEDED)
SEC 1344 (6/94)
On February 26, 1999, the Company filed for protection under Chapter 11
of the United States Bankruptcy Code (the "Chapter 11 Proceeding"). In
accordance with Staff Legal Bulletin No. 2, the Company has filed a
No-Action request with the Commission seeking modification of the Company's
reporting obligations under the Securities Exchange Act of 1934, as
amended, during the pendency of the Chapter 11
2
Proceeding. If the request is granted, the Company would not be required
to file the Form 10-Q.
The Company is currently discussing the status of the No-Action request
with the Commission and anticipates an answer within the extended filing
date for the Form 10-Q.
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