UNITED STATES
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): May 11, 2004
Fortune Diversified Industries, Inc.
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(Exact name of registrant as specified in charter)
Delaware 0-19049 74-2504501
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
6402 Corporate Drive, Indianapolis, Indiana 46278
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (317) 532-1374
6809 Corporate Drive, Indianapolis, Indiana 46278
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(Former name or former address, if changed since last report)
Fortune Diversified Industries, Inc.
SEC Form 8-K
Item 5. Other Events and Regulation FD Disclosure.
On May 11, 2004 Registrant completed its acquisition of Innovative
Telecommunications Consultants, Inc. ("ITC"),pursuant to a Stock Purchase
Agreement executed on May 11, 2004 by and among Fortune Diversified Industries,
Inc., Carter Fortune, Steve Loeffler, and Clay Melnyk that is attached hereto.
ITC is a technical services company based in Ashland, Virginia. ITC provides
turnkey solutions for wireless equipment manufacturers and wireless service
providers designed specifically to customer specifications.
Item 7. Financial Statements and Exhibits.
(c) Exhibits:
2.1 Stock Purchase Agreement, executed May 11, 2004
99.1 Press Release, dated May 12, 2004
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.
Fortune Diversified Industries, Inc.
By: /s/ Amy Gallo
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Amy Gallo
Chief Financial Officer
Date: May 25, 2004
EXHIBIT INDEX
EXHIBIT Number Description
Exhibit 2.1 STOCK PURCHASE AGREEMENT entered into the 11th day of
May, 2004 by and between Registrant, Carter Fortune,
Steve Loeffler and Clay Melnyk.
Exhibit 99.1 PRESS RELEASE dated the 12th of May, 2004, describing
Registrant's acquisition of ITC.
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