SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): October 1, 2002
Commission File Number: 333-82617
Michigan Venture Holdings Company LLC 38-3470015
Michigan Vemco, Inc. 38-2737797
Michigan Venture Industries Corporation 38-2034680
Michigan Venture Mold & Engineering Corporation 38-2556799
Michigan Venture Leasing Company 38-2777356
Michigan Vemco Leasing, Inc. 38-2777324
Michigan Venture Holdings Corporation 38-2793543
Michigan Venture Service Company 38-3024165
Michigan Experience Management, LLC 38-3382308
Michigan Venture Europe, Inc. 38-3464213
Michigan Venture EU Corporation 38-3470019
(State or other (Exact name of registrant as (I.R.S. Employer
jurisdiction of specified in its charter) Identification
incorporation or Number)
organization)
33662 James J. Pompo, Fraser, Michigan 48026
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (586) 294-1500
Not Applicable
(Former name or former address, if changed since last report)
Item 9. Regulation FD Disclosure.
On October 1, 2002, the German Municipal Court Freiburg commenced
formal insolvency proceedings against Peguform GmbH & Co. KG, Venture
Verwaltungs GmbH, Venture Beteiligungs GmbH and Venture Germany GmbH
(collectively, the "German Subsidiaries"). The court has retained the previously
appointed temporary administrator to act as the administrator in the formal
proceeding. Each of the German Subsidiaries are indirect, wholly-owned
subsidiaries of Venture Holdings Company LLC ("Venture"). As previously
reported, in May 2002, certain managing directors of the German Subsidiaries
filed for the institution of preliminary insolvency proceedings under the German
Insolvency Act.
Venture is currently continuing its negotiations with its customers,
lenders and other constituencies to ensure the ongoing maintenance and stability
of its operations, without disruption to its customers. Venture will provide
further information regarding the status of the German insolvency proceeding and
other material developments as they arise.
This report includes a number of "forward looking" statements within
the meaning of the Securities Exchange Act of 1934 and is subject to a number of
risks and uncertainties. Such factors include, among others, the following:
uncertainty and risk related to the German preliminary insolvency proceeding and
the potential commencement of a formal insolvency proceeding; international,
national and local political, economic and market conditions; incremental costs,
slowed automobile production or other effects that may occur as a result of
possible future terrorist attacks; demographic changes; the size and growth of
the automobile market or the plastic automobile component market; our ability to
sustain, manage or forecast our growth; the size, timing and mix of purchases of
our products; our ability to realize savings from our focus on reducing and
controlling costs; our ability to realize the benefits of general tax reduction
plans; new product development and introduction; existing government regulations
and changes in, or the failure to comply with, government regulations; adverse
publicity; dependence upon original equipment manufacturers; liability and other
claims asserted against us; competition; the loss of significant customers or
suppliers; fluctuations and difficulty in forecasting operating results;
unfavorable currency exchange rates relative to the U.S. dollar; changes in
business strategy or development plans; business disruptions; product recalls;
warranty costs; the ability to attract and retain qualified personnel; the
ability to protect technology; retention of earnings; control and the level of
affiliated transactions.
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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.
VENTURE HOLDINGS COMPANY LLC
VEMCO, INC.
VENTURE INDUSTRIES CORPORATION
VENTURE MOLD & ENGINEERING CORPORATION
VENTURE LEASING COMPANY
VEMCO LEASING, INC.
VENTURE HOLDINGS CORPORATION
VENTURE SERVICE COMPANY
EXPERIENCE MANAGEMENT LLC
VENTURE EUROPE, INC.
VENTURE EU CORPORATION
Date: October 1, 2002 By: /s/ James E. Butler
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James E. Butler
Executive Vice President
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