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): February 14, 2006
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International Thoroughbred Breeders, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 0-9624 22-2332039
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
Suite 1300, 1105 N. Market St., PO Box 8985, Wilmington, Delaware, 19899-8985
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(Address of principal executive offices)(Zip Code)
Registrant's telephone number, including area code: (302) 427-7599
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NOT APPLICABLE
(Former name or former address, if changed from last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-14(C))
INTERNATIONAL THOROUGHBRED BREEDERS, INC.
AND SUBSIDIARIES
Item 8.01 Other Events
On February 14, 2006 the Board of Directors of International Thoroughbred
Breeders, Inc. approved a change in the fiscal year end of the Company from June
30th to a calendar year end of December 31st. The Company will report audited
results for the six month transitional financial period of July 1, 2005 to
December 31, 2005 on Form 10-K in March 2006. The Company's fiscal quarters will
end on the last day of March, June, September and December each year. The Board
of Directors decision to change the fiscal year end was taken to synchronize the
internal fiscal reporting period of the Company's primary operating subsidiary
and to conform the loan covenant requirements of our primary lender to a
calendar year. International Thoroughbred Breeders, Inc. had selected the
existing June 30th fiscal year end many years ago because it matched the
breeding and 'foal to market' cycle of our equine subsidiaries.
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INTERNATIONAL THOROUGHBRED BREEDERS, INC.
AND SUBSIDIARIES
SIGNATURES
Pursuant to the requirements of 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 thereunto duly authorized.
INTERNATIONAL THOROUGHBRED
BREEDERS, INC.
By:/s/Francis W. Murray
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Francis W. Murray
President, Chief Executive Officer and
Treasurer
Date: February 15, 2006
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