UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549-1004
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): June 22, 2018
(June 20, 2018)
Oakridge Holdings, Inc.
(Exact name of registrant as specified in its charter)
Minnesota
0-1937
41-0843268
(State or Other Jurisdiction of
Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
400 West Ontario Street
Unit 1003
Chicago, IL 60654
(Address of principal executive offices; zip code)
Registrant?s telephone number, including area code: (312) 505-9267
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligations of the registrant under
any of the following provisions:
-
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
-
Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
-
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
-
Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
7.01. Regulation FD Disclosure.
Monthly Operating Report
As previously disclosed, on May 22, 2017, Oakridge Holdings, Inc.
('we' or the 'Company') and our operating subsidiary, Stinar HG, Inc., a
Minnesota corporation ('Stinar'and together with the Company,
the 'Debtors') filed voluntary petitions in the United States
Bankruptcy Court for the District
of Minnesota (the 'Bankruptcy Court') seeking relief under
Chapter 11 of Title 11 of the United States Code (the 'Bankruptcy Code').
The Chapter 11 Cases are being administered under the captions
'In re Oakridge Holdings, Inc.,' Case No. 17'31669 and In re Stinar
HG, Inc., dba Stinar Corporation Case No. 17'341670 (the 'Chapter 11
Cases'). The Debtors continue to operate their businesses and manage
their properties as 'debtors'in'possession' under the jurisdiction of
the Bankruptcy Court and in accordance with the applicable provisions
of the Bankruptcy Code and orders of the Bankruptcy Court.
On June 20, 2018, the Debtors filed their monthly operating reports
for the period of May 1, 2018 through May 31, 2018 with the Bankruptcy
Court (the 'Monthly Operating Reports'). The Monthly Operating Report of
Oakridge Holdings, Inc. is attached to this Current Report on Form
8'K as Exhibit 99.1. The Monthly Operating Report of Stinar HG, Inc.
is attached to this Current Report on Form 8'K as Exhibit 99.2.
The information in this Item 7.01 of this Current Report on
Form 8'K, including the attached Exhibit 99.1 and 99.2, are being
'furnished' pursuant to General Instruction B.2 of Form 8'K and shall
not be deemed to be 'filed' for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the 'Exchange Act'), is not subject
to the liabilities of that section and is not deemed incorporated by
reference in any of the Company's filings under the
Securities Act of 1933, as amended, unless specifically identified
therein as being incorporated therein by reference.
Cautionary Statements Regarding the Monthly Operating Reports
The Company cautions investors and potential investors not to
place undue reliance upon the information contained in the
Monthly Operating Reports, which were not prepared for the purpose
of providing the basis for an
investment decision relating to any of the securities of the
Company. The Monthly Operating Reports are limited in scope and have
been prepared solely for the purpose of complying with requirements of
the Bankruptcy Court. The Monthly Operating Reports were not reviewed by
independent accountants, are in a format prescribed by
applicable bankruptcy laws, and are subject to future adjustment. The
financial information in the Monthly Operating Reports was not prepared
in accordance with accounting principles generally accepted in the United
States ('GAAP') and, therefore, may exclude items required by
GAAP, such as certain reclassifications, non'cash items, accruals,
valuations and disclosures.
The Monthly Operating Reports also contain information for periods
which are different from the historical periods required in the Company's
reports pursuant to the Securities Exchange Act
of 1934, as amended (the -Exchange Act-), and such information
might not be indicative of the Company's financial condition or operating
results for a period that would be reflected in the
Company's financial statements or its reports pursuant to the
Exchange Act. Information set forth in the Monthly Operating Reports
should not be viewed as indicative of future results.
Item 9.01. Financial Statements and Exhibits.
(d)
Exhibits
99.1
Monthly Operating Report of Oakridge Holdings, Inc. for the Period
of May 1, 2018 through May 31, 2018, filed with the Bankruptcy Court
on June 20, 2018
99.2
Monthly Operating Report of Stinar HG, Inc. for the Period of
May 1, 2018 through May 31, 2018, filed with the Bankruptcy Court
on June 20, 2018
__________________________________________________________
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.
OAKRIDGE HOLDINGS, INC.
(Registrant)
Date: June 22, 2018
By:
/s/ Robert C. Harvey
Name:
Robert C. Harvey
Title:
President, Chief Executive Officer, Chief
Financial Officer and Chairman of the
Board of Directors
