U. S. SECURITIES AND EXCHANGE COMMISSION Washington, DC 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): February 2, 2000 BALTIC INTERNATIONAL USA, INC. (Exact name of registrant as specified in its charter) TEXAS 1-12908 76-0336843 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 5151 San Felipe, Suite 1661, Houston, Texas 77056 (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: (713) 961-9299 2 Item 2 Acquisition of Assets On February 2, 2000, the Registrant purchased Advanced Reclamation Company, L.L.C. ("ARC") from the Nicol Family Partnership. Baltic purchased all of the units of ARC for cash of $400,000, a total of 500,000 Baltic common shares, a note payable to seller of an additional $400,000 and an earnout agreement. Item 7 Financial Statements and Exhibits (a) Financial statements of business acquired The financial statements required by this item will be filed by an amendment to this Current Report on Form 8-K as soon as practicable but not later than 60 days after the date of this filing. (b) Pro forma financial information The pro forma financial information required by this item will be filed by an amendment to this Current Report on Form 8-K as soon as practicable but not later than 60 days after the date of this filing. (c) Exhibits 10.1 Unit Purchase Agreement 99.1 News Release dated February 3, 2000 3 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. BALTIC INTERNATIONAL USA, INC. By: /s/ David A. Grossman -------------------------------- DAVID A. GROSSMAN, President and Chief Financial Officer Dated: February 16, 2000 4 EXHIBITS Exhibit No. 10.1 Unit Purchase Agreement for purchase of Advanced Reclamation Company 99.1 News Release dated February 3, 2000