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) May 16, 2001
News Communications, Inc.
(Exact name of Registrant as Specified in its Charter)
Nevada 0-18299 13-3346991
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
2 Park Avenue, Suite 1405, New York, New York 10016
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (212) 689-2500
N/A
(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events.
On May 15, 2001, a Nasdaq Listing Qualifications Panel affirmed an
earlier Nasdaq Staff Determination that News Communications, Inc. (the
"Company") had failed to meet the criteria for continued listing on the Nasdaq
SmallCap Market. As a result, the Company's securities have been delisted from
the Nasdaq SmallCap Market effective with the opening of business on May 16,
2001. The Company is presently evaluating its alternatives which include
appealing the decision or seeking to have its shares quoted on the OTC Bulletin
Board. The Company's press release announcing this event is attached as an
Exhibit to this Report and such Exhibit is incorporated herein by reference in
its entirety.
Item 7. Financial Statements, Pro Form Financial Information and Exhibits.
(c) Exhibits
Exhibit No. Description
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10.1 Press Release dated May 16, 2001.
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Signature
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.
NEWS COMMUNICATIONS, INC.
Date: May 21, 2001 By: Paul Mastronardi /s/
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Paul Mastronardi
Chief Financial Officer
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