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) May 17, 1999
TOTH ALUMINUM CORPORATION
(Exact name of registrant as specified in its charter)
LOUISIANA 0-7568 72-0646580
(State or other jurisdiction of Commission File (I.R.S. Employer
incorporation or organization) Number Identification Number)
Highway 18, River Road,
P. O. Box 250, Vacherie, LA 70090
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (225) 265-8181
Item 5. Other Events
Management's Discussion and Analysis of Financial Condition and
Results of Operations.
Disclosure of Year 2000 Issues
The Company is engaged in the commercialization of its
patented carbo-chlorination processes for the production of
aluminum, alumina and aluminum trichloride, silicon
tetrachloride, titanium tetrachloride. At present the
company has no ongoing manufacturing operation, therefore
no revenues are derived from its operation. Recent market
surveys indicate a continued growth and demand for these
products beyond the year 2000.
Management has conducted an extensive assessment of the
Year 2000 issues, and has concluded there will be no
material effects on the company's business, there will be
no material effects on the results of operations, and there
will be no material effects on its financial condition.
The Company is in a 100% state of readiness for the year
2000. The Company has conducted extensive testing of its
computer and other date related systems, and has determined
that nearly all are year 2000 complainant. Those systems
which are not year 2000 complainant, have been discarded.
Furthermore, the Company has conducted an informal surveyed
on its utility companies, telephone company, and its
banking institutions to verify they are year 2000
complainant as well.
The Company anticipates little to no ill effects from
the Year 2000. The demand for its products continue to
grow, thereby making the prospects of a future joint
venture very pausable. The worst case scenario, would be
a total collapse of the US Capital Markets where by funding
for the Company's future commercialization of its process
could not be achieved.
The Company has prepared a contingency plan in the event
of a disruption in its ability to continue funding of its
ongoing operation. The Company has secured a personal
commitment for its operating capital needs. However, in the
event of a major disruption of the Financial Markets, the
Company's continued existing would be in doubt.
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.
Toth Aluminum Corporation
Registrant
Date: May 17, 1999 by: Charles Ernest Toth Jr.
Charles Ernest Toth Jr.
Treasurer