Trend Lines Inc · 8-K · For 8/11/00

Filed On 8/11/00 5:22pm ET   ·   SEC File 0-24390   ·   Accession Number 1042645-0-295

Current Report   ·   Form 8-K
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Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Trend-Lines, Inc.                                      5      6K 

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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): August 11, 2000

 TREND-LINES, INC.
......................................
(Exact name of registrant as specified in its charter)

Massachusetts               0-24390                    04-2722797               
(State or other                                        (I.R.S. Employer         
jurisdiction of             (Commission file number)   Identification Number)   
incorporation or                                                                
organization)                                                                   

135 American Legion Highway, Revere, Massachusetts 02151
................................................................... 
(Address of principal executive office) (Zip Code)

(Registrant's telephone number, including area code): (617) 853-0900

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 TREND-LINES, INC. (8-K)

 Index

Item 3 -    Bankruptcy or Receivership                                          

Exhibit 1 - Press Release dated August 11, 2000                                 

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Item 3 - Bankruptcy or Receivership                                             

     On  August  11,  2000,   Trend-Lines,   Inc.  (the  "Registrant")  and  its
wholly-owned  subsidiary,  Post Tool, Inc., each filed a voluntary  petition for
relief  under  Chapter  11 of the  United  States  Bankruptcy  Code in the  U.S.
Bankruptcy Court for the District of Massachusetts. The Registrant will continue
to operate  its  businesses  as a  debtor-in-possession  while it takes steps to
negotiate the sale of its "Golf Day" stores.                                    

     See attached press release, which is hereby incorporated by reference,  for
further details.                                                                

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 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 thereunto duly authorized.                                          

         TREND-LINES, INC.

  Registrant

Date:  August 11, 2000              By:   /s/ Stanley Black                     
                              --------------------------
                 Stanley Black
                             (Chief Executive Officer)

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 EXHIBIT 1 - PRESS RELEASE

Stanley  Black,  CEO of  Trend-Lines,  Inc.  and  its  wholly-owned  subsidiary,
Post-Tool,  Inc.,  specialty  retailers  of power  tools,  hand  tools  and golf
equipment  and  supplies,  announced  today  that the  companies  have filed for
Chapter 11 Bankruptcy protection.                                               

Mr. Black stated "While we are disappointed in having to take this step, it will
allow us to  reorganize  our  business  and create an  opportunity  to return to
profitability.  We are confident  that the vendor  community  will work with the
companies to effectuate a successful turnaround and that our management team and
our associates are committed to this task."                                     

Trend-Lines, Inc. announced in June that it was planning to divest itself of its
retail  golf  business  in order to  concentrate  on its  much  larger  and more
profitable tool business.  It is currently  negotiating with one or more parties
with  respect to the sale its "Golf Day" stores and  expects to conclude  such a
transaction by early September.                                                 

Safe Harbor: Certain statements contained in this press releases including,  but
not limited to,  information  regarding  the future plans and  objectives of the
companies and their  management,  and the  assumptions  regarding such plans and
objectives,  are forward-looking in nature.  Additional  information  concerning
important   factors  that  could  cause  actual   results  to  differ  from  the
forward-looking  information  contained  in  this  release  is  included  in the
quarterly and annual reports filed publicly by the companies.                   

Dates Referenced Herein   and   Documents Incorporated By Reference

				Referenced-On Page
This 8-K Filing		Date		First		Last			Other Filings
Filed On / Filed As Of / For The Period Ended		8/11/00		1		4
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