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
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Date of report: May 13, 2002
(Date of earliest event reported)
eLEC Communications Corp.
(Exact name of Registrant as specified in its charter)
New York
(State or other jurisdiction of incorporation)
0-4465 13-2511270
(Commission File No.) (I.R.S. Employer
Identification No.)
543 Main Street
New Rochelle, New York 10801
(Address of principal executive offices; zip code)
(914) 632-8005
(Registrant's telephone number, including area code)
Not Applicable
(Former Name or Former Address, if changed Since Last Report)
Item 5. Other Events.
On May 13, 2002, the Company announced that its lender has agreed to a two
week extension to a forbearance agreement which requires the Company to sell the
assets of one or more of its operating subsidiaries.
EXHIBIT INDEX
Exhibit Exhibit Title
Number -------------
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99.1 Press Release, dated May 13, 2002.
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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.
Dated: May 13, 2002
eLEC COMMUNICATIONS CORP.
(Registrant)
By: /s/ Paul H. Riss
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Paul H. Riss
Chief Executive Officer
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