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) January 19, 2000
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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.)
6543 Commerce Parkway, Suite E, Dublin, Ohio 43017
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(Address of Principal Executive Offices) (Zip Code)
The Company's telephone number, including area code (614) 760-9991
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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 January 19,
2000, the Company filed its Monthly Operating Report for the period of
November 1, 1999 through November 30, 1999 (the "November MOR") with the Office
of the United States Trustee - Region 3 and the Bankruptcy Court.
A copy of the November 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 November 1, 1999
through November 30, 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 are subject to
numerous risks and uncertainties that could cause actual results to differ
materially from those contained in such forward-looking statements, including,
without limitation: (i) the inherent uncertainty associated with projected
litigation recoveries, which potentially represent one of the most significant
factors affecting the Company's future financial results; (ii) the fact that
numerous creditor claims have been submitted specifying amounts that may differ
from the Company's records or that may overstate the actual value of the
Company's obligations with respect to such claims; (iii) the risk that
liabilities stated in the Company's records may not adequately reflect current
creditor claims that could become allowed claims; (iv) the likelihood that the
Company's disputes with AT&T Corp. may not be resolved expeditiously or on
favorable terms, and; (v) the possibility that the level of administrative and
other priority claims may exceed expectations. 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 November 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: January 21, 2000 By: /s/ Thaddeus Bereday
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Name: Thaddeus Bereday
Title: President and Acting 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 November 1, 1999
through November 30, 1999
(Page 4 of 4 Pages)