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 13, 2003
Commission File Number: 0-30018
MERIDIAN HOLDINGS, INC.
(Exact name of registrants specified in its charter)
COLORADO 52-2133742
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
900 Wilshire Avenue, Suite 500
Los Angeles, California 90017
(213) 627-8878 Fax: (213) 627-9183
(Address, Including Zip Code, And Telephone Number, Including Area Code,
Of Registrant's Principal Executive Offices)
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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 Materially Important Events Not applicable
ITEM 6. Resignation of Registrant's Directors Not applicable
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) FINANCIAL STATEMENTS OF BUSINESSES ACQUIRED. (None)
(b) EXHIBITS.
ITEM 8: Change in Fiscal year Not Applicable
ITEM 9: Regulation FD Disclosure
On May 13, 2003, the registrant issued a press release announcing that it
has retained A. G. Spencer for infusion of powerful ideas and introduction to
new business partners for potential acquisition
EXHIBIT ITEM. DESCRIPTION
------------ -------------
Exhibit 99.1 - Copy of the Press Release of May 13, 2003 announcing that
it has retained A. G. Spencer for infusion of powerful ideas
and introduction to new business partners for potential
acquisition
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Meridian Holdings, Inc.
(Registrant)
Date: May 13, 2003 By:/s/ Anthony C. Dike
-------------------------
Anthony C. Dike
(Chairman, Chief Executive Officer)
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EXHIBIT 99.1
FOR IMMEDIATE RELEASE: Tuesday, May 13, 2003
Meridian Retains A. G. Spencer For Infusion Of Powerful Ideas And Introduction
To New Business Partners For Potential Acquisition
LOS ANGELES, May 13, 2003 Meridian Holdings, Inc. (OTC Bulletin Board: MRDH ),
a health care services and technology company today announced that it has
retained the global consulting services of A. G. Spencer Corporation (AGS) of
San Francisco/Los Angeles to craft and execute winning value growth agendas.
AGS will assist the Company's management in determining the best strategy to
increase shareholder value. The scope of services will include infusion of
powerful ideas and introduction to new business partners for potential
acquisition. In addition, AGS will help Meridian work through proven processes
of value-driven business design to help identify breakthrough growth
opportunities and design the businesses to capture them.
"Business design lifecycles are growing shorter and shorter, " stated Anthony C.
Dike, MD, Chairman of Meridian Holdings. "So anticipating, then moving to
capture, tomorrow's opportunities before today's have run their course have
become critical strategic imperatives. True business design innovation involves
far more than getting the 'right' answer and drafting a detailed blueprint. It
also requires realizing the full profit potential of new insights, by executing
quickly and deftly on the front lines of the marketplace. With the assistance
of AGS, we look forward to put forth a high-impact value growth agenda with a
carefully prioritized list of actions created to maximize shareholder value. "
"AGS looks at strategy from the 'outside in' finding strategic insight through a
robust understanding of current and future customer priorities," stated Danny
Lee, President & Chief Consulting Strategist of A. G. Spencer Corporation. "We
harness thought leadership in key areas of business design innovation and
organizational transformation to deliver breakthrough recommendations to
clients. Our ever-growing clientele in a multitude of industries enhances AGS's
capabilities and intellectual capital. We can thus draw on the complementary
capabilities of both our clients and their relationships to get the job done for
Meridian."
About Meridian Holdings, Inc.
Meridian Holdings, Inc. is a Healthcare Services and Technology Company.
Meridian's network of affiliated companies is designed to encourage maximum
leverage of information technology, operational excellence, industry expertise,
and synergistic business opportunities. Meridian is committed to building
shareholder value by positioning affiliated companies as independent business
entities in which Meridian shareholders enjoy equity participation. Learn more
about the company and its affiliated entities, including CGI Communications
Services, Inc. and InterCare DX, Inc. by visiting Meridian's web site at
www.meho.com.
About A. G. Spencer Corporation
A. G. Spencer Corporation (AGS) is a multifaceted consulting firm with
two powerful divisions along with being the Founding Partner and Operational
Management of GaeaCare Syndicate Partners Inc. The consulting division
specializes in both private and publicly traded companies. AGS advisors have
earned the title Entrepreneur-In-Residence. They are veteran turnaround
executives with a broad base of experiences. They have learned the hard way and
now they're leveraging those insights to help build robust businesses in
virtually every marketplace. GaeaCare is a proactive environmental products and
services corporation that intends to become a leading environmental cleanup,
emergency response, and environmental remediation company by the use of new
computer systems technology, sensor technology, communications technology,
systems concepts and microbial environmental cleanup treatment to serve the
Homeland Security and environmental industries.
NOTE: Statements in this news release that are not purely historical are
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995 and any amendments thereto. Material that is forward-looking
may contain statements about expected future events and/or financial results
that are forward-looking in nature. Editors and investors are cautioned that
such forward-looking statements invoke risk and uncertainties that may cause the
company's results to differ from such forward-looking statements. These
include, but are not limited to, economic, competitive, governmental,
technological and other factors discussed in the statements and/or in the
company's filings with the Securities and Exchange Commission.
# # #
CONTACT: Alexandra Campos, Investor Relations
Meridian Holdings, Inc.
213-627-8878
www.meho.com
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