U.S. 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 of 1934
Date of Report (date of earliest event reported): October 19, 2001
Commission file number 0-22464
KOALA CORPORATION
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(Exact name of Registrant as specified in its charter)
COLORADO 84-1238908
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(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
11600 East 53rd Avenue, Unit D, Denver, Colorado 80239
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(Address of principal executive offices, Zip Code)
(303) 574-1000
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(Registrant's telephone number, including area code)
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(Former name, former address and former fiscal year,
if changed since last report)
ITEM 5. OTHER EVENTS
On October 19, 2001, Randy Stein joined the Board of Directors of Koala
Corporation. Stein, a former principal at PricewaterhouseCoopers LLP, joins the
board with diverse experience working on behalf of both public and private
companies. Stein, who will serve on Koala's audit committee, also sits on the
board of publicly traded Westport Resources (NYSE-WRC), where he is chairman of
the company's audit committee.
At PricewaterhouseCoopers, Stein led the Tax Practice of the company's
Denver office. His responsibilities included client service delivery, new
business development, profitability, budgeting, operations and human resource
management. He also integrated the merged Denver tax practices of Coopers &
Lybrand L.L.P. and Price Waterhouse.
Prior to completing his 20-year tenure with PricewaterhouseCoopers,
Stein served as an executive officer of a Fortune 1000 oil and gas company,
where he participated in the consummation of more than $1 billion in
acquisitions during a six-year period, and assisted in the creation of one of
the first publicly traded royalty trusts. Stein received his bachelor's of
science degree in accounting from Florida State University.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(C) Exhibits
Exhibit No. Description
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99.1 Press Release dated October 19, 2001
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
KOALA CORPORATION
Date: October 19, 2001 By: /s/ Mark A. Betker
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Mark A. Betker
Chairman and Chief Executive Officer