UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
___________________
FORM
8-K/A
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date
of
Report (date of earliest event reported): December 14, 2007
EVCI
CAREER COLLEGES HOLDING CORP.
(Exact
name of registrant as specified in its charter)
Delaware
(State
of other jurisdiction
of
incorporation)
|
001-14827
(Commission
File
Number)
|
06-1488212
(IRS
Employer
Identification
No.)
|
1
Van
Der Donck Street, 2nd
Floor, Yonkers, New York 10701
(Address
of principal executive offices)
Registrant’s
telephone number, including area code (914)
623-0700
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
o
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant
to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant
to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item
2.05. Costs Associated with Exit or Disposal Activities.
(a)
On
December 13, 2007, EVCI’s Board of Directors approved the closing of Interboro
Institute on December 21, 2007 subject to the approval by the Board of Directors
of Interboro Institute, Inc., which was given on December 17, 2007. The press
release announcing the closing is filed as an exhibit to this Report.
(b)
(c)
and (d) At this time, EVCI is unable in good faith to make a determination
of
estimates required by paragraphs (b), (c) and (d) of this Item
2.05.
Item
2.06. Material Impairments.
(a)
In
connection with the closing of Interboro Institute referred to in Item 2.05
of
this report, EVCI’s Chief Financial Officer has determined that a material
charge for impairment of goodwill and other long lived assets attributable
to
Interboro is required under generally accepted accounting principles applicable
to EVCI.
(b)
and
(c) At this time, EVCI is unable, in good faith, to make a determination
of
estimates required by paragraphs (b) and (c) of this Item 2.06.
Item
5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
(b)
On
December 14, 2007, Dr. Arol I. Buntzman resigned as director of EVCI and
as a
director of EVCI’s subsidiaries, Technical Career Institutes, Inc. and
Pennsylvania School of Business, Inc.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits
Exhibit
No. |
Description
of Exhibit
|
99.1* |
Press
Release dated December 17, 2007.
|
*
Previously filed.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this Current Report to be signed on its behalf by the undersigned
hereunto duly authorized.
|
|
|
|
EVCI
CAREER COLLEGES HOLDING CORP. |
|
|
|
Dated: December
26, 2007 |
By: |
/s/
Joseph D. Alperin |
|
Name:
Joseph D. Alperin |
|
Title:
General Counsel and Vice President for Corporate
Affairs
|
Exhibit
Index
Exhibit
No. |
Description
of Exhibit
|
99.1* |
Press
Release dated December 17, 2007
|