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): March 26, 2004
FINANCIAL INDUSTRIES CORPORATION
(Exact name of Registrant as specified in charter)
Texas 0-4690 74-2126975
(State or other jurisdiction (Commission file number) (I.R.S. employer
of incorporation) identification no.)
6500 River Place Blvd., Building One
Austin, Texas 78730
(Address of principal executive offices)
Registrant's telephone number, including area code: (512) 404-5000
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Item 5 - Other Events and Regulation FD Disclosure.
(i) On March 16, 2004, the Company filed a Form 12b-25, Notification of Late
Filing (the "Notification"), with respect to the filing of its report on Form
10-K for the fiscal year ending December 31, 2003. A copy of the Form 12b-25 was
attached as an exhibit to the Company's Current Report on Form 8-K with a filing
date of March 23, 2004.
Subsequent to the filing of the Notification, the Company has continued work on
its consolidated financial statements for the year ended December 31, 2003.
However, the Company has determined that it will not be able to file the Form
10-K within the 15-day extension period provided under Rule 12b-25. Currently,
the Company does not anticipate that it will be able to file its Form 10-K prior
to April 9, 2004.
(ii) George M. Wise, who has served as Chief Financial Officer since November
2002 has agreed to continue his service with the Company until completion of the
10-K filing. In a Current Report on Form 8-K filed on March 10, 2004, it was
reported that Mr. Wise was expected to leave the Company at the end of March.
As provided by the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995, Financial Industries Corporation cautions that the
statements in this Form 8-K relating to matters that are not historical factual
information are forward-looking statements that represent management's belief
and assumptions based on currently available information. The information
contained in this report relating to anticipated filing dates and the
contingencies and uncertainties to which the Company may be subject, as well as
other statements including words such as "anticipate," "believe," "plan,"
"estimate," "expect," "intend," and other similar expressions constitute
forward-looking statements under the Private Securities Litigation Reform Act of
1995. Such statements are made based upon management's current expectations and
beliefs and are subject to known and unknown risks, uncertainties and other
factors contemplated by the forward-looking statements including the timing,
completion and results of the Company's reviews and audits. Investors should not
place undue reliance on forward-looking statements. Each forward-looking
statement speaks only as of the date of the particular statement, and the
Company undertakes no obligation to publicly update or revise any
forward-looking statements. There can be no assurance that other factors not
currently anticipated by management will not also materially and adversely
affect the Company.
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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.
FINANCIAL INDUSTRIES CORPORATION
Date: March 26, 2004 By: /s/ Theodore A. Fleron
Vice President and Secretary
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