UNITED STATES 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 of1934
Date of Report: September 20, 1996
COMMISSION FILE NUMBER: 0-19064
NEMDACO, INC.
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Exact name of Registrant as specified in its charter
Colorado 84-1027731
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
9 Buckskin Road, Bell Canyon, California 91307
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (818) 884-4770
Former name, former address and former fiscal year,
if changed since last report:
1801 Avenue of the Stars, 6th. Floor, Los Angeles, CA 90067
ITEM 1: NOTICE REGARDING CHANGE IN MANAGEMENT.
The Corporation advises that William Daniel Dane age 61, has replaced
Gary Larkin as president and CEO of the Company effective December 2, 1996.
Mr. Dane age 61 is a Graduate of the Royal Military Academy, Sandhurst and
Dover College. He is the Founder Director of Kestrel International,
a Company providing financial services to British and other expatriates
throughout the world. He has an extensive background in the Worldwide
Insurance and Finance Industries. Mr. Dane was a Founder Director of Pegesus
Financial Holdings which was comprised of Pegesus Assurance and Pegesus
Financial Management . Pegesus was recently sold to Scottish Mutual
Assurance, which in turn is owned by Abbey National Building Society.
From 1982 to 1986 he was Deputy Chairman of Tyndall Life, U.K.
From 1971 to 1977 he was Founder Director and Marketing Director of Hambro
Life (now Allied Dunbar Assurance, plc). From 1964 to 1971 Mr. Dane was
Agency Director of Abbey Life, Vice President of Abbey International Inc.,
and was involved in the acquisition and setting up of Abbey companies in
Canada and Holland.
Mr. Dane has been a platform Speaker for the Life Insurance Association,
the Financial times and other Associations. He is an Underwriting Member of
Lloyds of London, a Fellow of The Charted institute of Marketing and a Fellow
of The Charted Institute of Directors.
ITEM 2: DIVIDEND DECLARATION:
The Company advises that the Board of Directors has declared a Dividend
of one (1) share of the Company's wholly owned Subsidiary Nemdaco Retail Sales,
a Nevada Corporation, for each four (4) shares of the Company's common stock
owned on the record date, to all Nemdaco shareholders of record on
December 16, 1996, the record date.
SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereto duly
authorized.
NEMDACO, INC.
(Registrant)
/S/ Jeff Bender
By: Jeff Bender
Chairman of the Board of Directors
Date: December 3, 1996