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 17, 1999
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SMARTALK TELESERVICES, INC.
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(Exact Name of Registrant as Specified in Charter)
California 0-21579 95-4502740
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(State or Other Jurisdiction (Commission File (IRS Employer
of Incorporation) Number) Identification No.)
5080 Tuttle Crossing Boulevard, Dublin, Ohio 43016-3566
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(Address of Principal Executive Offices) (Zip Code)
The Company's telephone number, including area code (614) 789-8600
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No change
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(Former Name or Address, if Changed Since Last Report)
ITEM 5. OTHER EVENTS
As previously disclosed in a Current Report on Form 8-K, on January 19,
1999, SmarTalk TeleServices, Inc. and certain of its non-foreign subsidiaries
(collectively, the "Company") filed a voluntary petition under Chapter 11 of the
United States Bankruptcy Code (the "Bankruptcy Code") in the United States
Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") (Cases
Nos. 99-108 to 99-127).
Pursuant to Bankruptcy Rule 2015 and the United States Trustee's Operating
Guidelines and Reporting Requirements for Chapter 11 cases, on May 17, 1999 the
Company filed its Monthly Operating Report for the period of March 1, 1999
through March 31, 1999 (the "March MOR") with the Office of the United States
Trustee - Region 3 and the Bankruptcy Court.
A copy of the March MOR is attached hereto as Exhibit 99.1, and
incorporated herein by reference./1/
ITEM 7. EXHIBITS
Exhibit No. Description
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99.1 Monthly Operating Report for the period of March 1, 1999 through
March 31, 1999
The Exhibit to this Report contains forward-looking statements. The words,
"believe," "expect," and "anticipate" and similar expressions identify such
forward-looking statements. These forward-looking statements reflect the
Company's views with respect to future events and financial performance. In
particular, SmarTalk has not prepared any formal liquidation analysis based on
the assets of the bankruptcy estate, and any such analysis would be premature at
this time. Readers are cautioned not to place undue reliance on these forward-
looking statements, which speak only as of their dates. The Company undertakes
no obligation to publicly update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise (other than
updates that are consistent with the Debtor's obligations to file monthly
operating reports).
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/1/ The attachments and exhibits referenced in the March MOR are not attached as
part of Exhibit 99.1, but are available at the Office of the United States
Trustee and the Bankruptcy Court. In addition, the Company agrees that it will
furnish a copy of any omitted schedule or similar attachment to the Commission
upon its request.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Company has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
SMARTALK TELESERVICES, INC.
Date: May 17, 1999 By: /s/ Thaddeus Bereday
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Name: Thaddeus Bereday
Title: Vice President and General Counsel
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EXHIBIT INDEX
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Exhibit No. Description
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99.1 Monthly Operating Report for the period of March 1, 1999 through
March 31, 1999
(Page 4 of 4 Pages)