SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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, 2001.
THE CREDIT STORE, INC.
Delaware 000-28709 87-0296990
(State or Other Jurisdiction of Commission file number (I.R.S. Employer
Incorporation or Organization) Identification No.)
3401 NORTH LOUISE AVENUE 57107
SIOUX FALLS, SOUTH DAKOTA (Zip Code)
(Address of Principal Executive Offices)
Registrant's telephone number, including area code: (800) 240-1855
Not Applicable
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(Former name or former address, if changed since last report)
ITEM 5. Other Items.
On May 17, 2001, Mr. Jay Botchman resigned from the registrant's Board
of Directors and Peter J. Mansbach and Salvatore J. Zizza were appointed to the
Board of Directors.
Mr. Mansbach is currently of counsel at the firm of Kronish Lieb Weiner
& Hellman LLP. Mr. Mansbach is engaged in a general business practice and
advises business clients with respect to a variety of complex legal issues. He
served as chairman of the executive committee of Republic New York Corporation
and of Republic National Bank of New York from 1994 until 1998. From 1991
through 1999, Mr. Mansbach was chairman of the board of Van Cleef & Arpels and a
member of its European Directoire.
Mr. Zizza has been the Chairman of HallMark Electrical Supplies Corp.,
a supplier of electrical supplies and lighting to electrical contractors, since
September 1997. Mr. Zizza was President and Chief Financial Officer of NICO from
1978 until 1985, when NICO merged with the LVI Group, Inc. Mr. Zizza currently
sits on the Board of Directors of eight public companies.
ITEM 8. Change in Fiscal Year.
On May 24, 2001, the registrant's Board of Directors approved a change
of the registrant's fiscal year end from May 31 to June 30, effective
immediately. The Board of Directors took this action in order to align the
registrant's financial reporting schedule with the more often used schedule of
reporting by calendar quarters (in March, June, September and December). Because
the transition period is only one month, no transition report will be filed. Our
annual report on Form 10-K, covering the fiscal year ending June 30, 2001 will
include audited financial information for the twelve months ended June 30, 2001,
May 31, 2000 and May 30, 1999, audited financial information for the month of
June 2000 and unaudited financial information for the month of June 1999.
SIGNATURES
In accordance with Section 13 or 15(d) of the Securities Exchange Act of 1934,
the issuer has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: May 29, 2001
THE CREDIT STORE, INC.
By /s/ Kevin T. Riordan
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Kevin T. Riordan
President and Chief Operating Officer