UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): May 20, 2004 (April 13, 2004)
METATEC, INC.
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(Exact name of registrant as specified in its charter)
Ohio 0-9220 31-1647405
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
Metatec, Inc., c/o Richard J. Lippott, Managing Officer
6353 Grassmere Drive, Westerville, Ohio 43082
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (614) 761-2000
7001 Metatec Boulevard, Dublin, Ohio 43017
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(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE
As previously reported, Metatec, Inc. (the "Company") filed a voluntary
petition for reorganization under Chapter 11 of the United States Bankruptcy
Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the
Southern District of Ohio in Columbus, Ohio (the "Bankruptcy Court"), Case No.
03-65902 (the "Bankruptcy Case") on October 17, 2003, and completed the sale of
substantially all of its assets (in a sale process supervised by the Bankruptcy
Court) on December 22, 2003.
On April 13, 2004, the Bankruptcy Court entered an Order (the "Order")
appointing Richard J. Lippott as managing officer of the Company. Mr. Lippott is
a financial and management consultant and has served as a managing officer in
other bankruptcy proceedings. Mr. Lippott's duties will be limited to the
preparation of monthly Chapter 11 operating statements, the review of company
records regarding avoidance actions and the payment of allowed post petition
fees and expenses. Mr. Lippott's duties may be expanded as permitted by the
Bankruptcy Court. Mr. Lippott's initial term of appointment will continue until
June 12, 2004.
The Company intends to prepare and file a plan of reorganization with
the Bankruptcy Court concerning the complete liquidation of the Company. It is
anticipated that this plan of liquidation will be filed with the Bankruptcy
Court prior to June 30, 2004.
As previously reported, it is not anticipated that the shareholders of
the Company will realize any cash or other value for their common shares of the
Company in connection with the liquidation of the Company.
David P. Lauer resigned as a director of the Company on February 20,
2004.
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.
METATEC, INC.
Dated: May 19, 2004 By /s/ Richard J. Lippott
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Richard J. Lippott
Managing Officer
(authorized signatory)