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): April 28, 2003
PACIFIC MAGTRON INTERNATIONAL CORP.
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation)
000-25277 88-0353141
(Commission File Number) (IRS Employer Identification Number)
1600 California Circle, Milpitas, California 95035
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (408) 956-8888
Not Applicable
(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS
On March 7, 2003, the Company issued a press release announcing that Nasdaq had
informed the Company that its shares would be subject to delisting from the
SmallCap Market for failure to comply with Nasdaq's Marketplace Rules regarding
minimum value of publicly held shares and minimum bid price per share. The
Company requested a hearing on both of these matters. The hearing was held on
written submissions on April 24, 2003. On April 28, 2003, the Company issued a
press release announcing that the Company received a determination from Nasdaq
indicating that the Company's securities will be delisted from the Nasdaq
SmallCap Market effective Wednesday, April 30, 2003. The Company does not plan
to appeal this determination.
The Company's common stock is eligible to trade on the Over the Counter Bulletin
Board (OTCBB) provided a market maker enters a quote for the security
A copy of the press release is attached hereto as Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit No. Exhibit Description Filed Herewith
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99.1 Press Release X
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: April 29, 2003 PACIFIC MAGTRON INTERNATIONAL CORP.
/s/ Theodore S. Li
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Theodore S. Li
Chairman of the Board and President