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 24, 2003
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The CattleSale Company
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(Exact name of registrant as specified in its charter)
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Delaware 001-07636 74-1605174
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(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
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9901 IH-10 West, Suite 800, San Antonio, Texas 78230-2292
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(Address of Principal Executive Offices) (Zip Code)
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Registrant's telephone number, including area code: 210-558-2898
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Item 9. Regulation FD Disclosure
On February 25, 2003, The CattleSale Company (the "Company') acquired
100% of the limited liability company interests in each of CS Livestock
Commissions Co., LLC and CS Auction Production Co., LLC. In connection with the
acquisition, the Company prepared combined pro forma projections for the Company
for fiscal years 2003 through 2006. On April 24, 2003, this internal information
was furnished by the Company to a securities industry professional. It is set
forth below.
Profit and Loss Internal Projections
For the years 2003 - 2006
($'s in thousands)
2003 2004 2005 2006
Total Revenue $52,935 $251,093 $412,740 $664,060
Gross Profit $373 $3,872 $6,111 $9,904
Selling, general and administrative $2,000 $2,367 $2,589 $2,676
Net income (loss) $(1,627) $1,505 $3,522 $7,228
The information in this Current Report on Form 8-K shall be deemed
"furnished" and not deemed "filed" for purposes of the Securities Act of 1934 or
otherwise subject to the liabilities of that Section. The information in this
Current Report on Form 8-K shall not be deemed incorporated by reference into
any registration statement or any other Company filing under the Securities Act
of 1933, as amended.
This Current Report on Form 8-K contains forward-looking statements
about the business, financial condition and prospects of the Company. The actual
results of the Company could differ materially from those indicated by the
forward-looking statements because of various risks and uncertainties, including
without limitation, the risks associated with entering into a new line of
business, changes in product demand, the reliability of the internet, changes in
competition, economic conditions, new product development, changes in tax and
other governmental rules and regulations applicable to the Company, and other
risks indicated in the Company's filings with the Securities and Exchange
Commission. These risks and uncertainties are beyond the ability of the Company
to control, and in many cases, the Company cannot predict the risks and
uncertainties that could cause its actual results to differ materially from
those indicated by the forward-looking statements. When used in this Current
Report on Form 8-K, the words "believes," "estimates," "plans," "expects," and
"anticipates" and similar expressions as they relate to the Company or its
management are intended to identify forward-looking statements.
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.
The CattleSale Company
(Registrant)
Date: April 24, 2003
By: /s/ Phillip P. Krumb
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Phillip P. Krumb
Chief Financial Officer