SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange of 1934
Date of Report January 15, 1997
DCX, Inc.
(Exact name of registrant as specified in its charter)
Colorado 0-14273 84-0868815
(State of (Commission (IRS Employer
incorporation) File Number) Identification No.)
3002 North State Highway 83, Franktown, CO 80116-0569
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (303) 688-6070
Not Applicable
(Former name or former address, if changed since last report)
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Item 5, Other Events.
The Company reports that it entered into a 12 month consulting agreement with
Transition Partners Limited of Boulder, Colorado on January 15, 1997.
Transition Partners Limited (TPL) is a consulting firm with experience in
turnaround situations, mergers and acquisitions, and in capital formation.
Under the terms of the agreement, TPL will act in an advisory capacity to the
Board of Directors of DCX and assist the Company in strategic planning, capital
planning and formation, corporate development and merger/acquisition services.
The agreement provides for a monthly retainer fee and for the issue of warrants
for the purchase the Company's common stock equal to five percent of the shares
outstanding on January 15, 1997 at a price of $1.00 per share. The warrants will
have an expiration date five years from the engagement date. In addition, TPL
will receive a "success fee" equal to five percent of total capital, debt or
equity, procured for the Company by TPL.
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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.
DCX, Inc.
(Registrant)
January 29, 1997 /S/ FREDERICK G. BEISSER
--------------------------------
(Signature)
Frederick G. Beisser
Secretary, Treasurer &
Chief Financial Officer
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