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): JULY 25, 2001
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AFFILIATED RESOURCES CORPORATION
(Exact name of registrant as specified in its charter)
COLORADO O-31175 84-1045715
(State or other (Commission (I.R.S. Employer
jurisdiction of incorporation) File Number) (Identification No.)
3050 POST OAK BOULEVARD, SUITE 1080
HOUSTON, TEXAS 77056
(Address of principal executive officers) (zip code)
(713) 355-8940
(Registrant's telephone number, including area code)
(Former name or former address, if changed since last report.)
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ITEM 1. CHANGES IN CONTROL OF REGISTRANT
Not applicable.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
Not applicable.
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
Not applicable
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Not applicable
ITEM 5. OTHER EVENTS
Affiliated Resources Corporation (the "Company") has not filed its Annual
Report on Form 10-KSB for the fiscal year ended December 31, 2000 due to the
Company's lack of financial resources to complete an audit of its financial
statements for the applicable period. Management of the Company anticipates
that the quarterly report on Form 10-QSB for the quarterly period ended June 30,
2001 will also be delinquent.
On May 7, 2001, the Securities and Exchange Commission (the "Commission")
issued a comment letter to the Company requesting that the Company explain and
provide support for its accounting treatment of transactions described in its
Form 10-K's for the years ended December 31, 1998 and December 31, 1999, as well
as its Form 10-Q's for the quarters ended March 31, 1999, June 30, 1999,
September 30, 1999, March 31, 2000, June 30, 2000, and September 30, 2000. The
Company has communicated with the Commission regarding these comments, but does
not have the financial resources to respond as fully as requested or to prepare
and file amendments to each of the above-identified filings.
Although management of the Company is working to improve its financial
position, the Company makes no representations as to when, if ever, it will be
able to fully respond to the Commissions comments and complete and file all
reports necessary to be in compliance with its obligations as a fully reporting
issuer under the Securities Exchange Act of 1934.
ITEM 6. RESIGNATIONS OF DIRECTORS AND EXECUTIVE OFFICERS
Not applicable.
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ITEM 7. FINANCIAL STATEMENTS
Not applicable.
ITEM 8. CHANGE IN FISCAL YEAR
Not applicable.
EXHIBITS
None.
SIGNATURES
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.
Dated: July 26, 2001 Affiliated Resources Corporation
/s/ Peter C. Vanucci
__________________________
By: Peter C. Vanucci
Its: President
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