SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES AND EXCHANGE ACT OF 1934 Date of Report: July 27, 1999 (Date of earliest event reported) VIDIKRON TECHNOLOGIES GROUP, INC. ---------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 34-19218 13-3499909 - ---------------------------- ------------------------ ---------------------- (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification Number) One Evertrust Plaza, 11st Floor, Jersey City, New Jersey 07302 - -------------------------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (201) 938-0099 Item 5. Other Events On July 27, 1999, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1, announcing PNC Bank action regarding the Registrant's U.S. operating subsidiary and Registrant's following steps. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits (c) Exhibits. 99.1 Press release of the Registrant, dated July 27, 1999. Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned herewith duly authorized. Date: July 28, 1999 VIDIKRON TECHNOLOGIES GROUP, INC. (Registrant) By: /s/ Phillip Siegel -------------------------------- Phillip Siegel Chairman and CEO EXHIBIT INDEX Exhibit 99.1 Press release of the Registrant, dated July 27, 1999.