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: September 27, 2005

(Date of earliest event reported)

 

HEARTLAND, INC.

(Exact name of registrant as specified in its charter)

 

 

 

 

982A Airport Road

Destin, Florida 32541

(Address of principal executive offices) (Zip Code)

 

(850) 837-0025

(Registrant’s telephone no., including area code)

 

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(Former name, former address and former fiscal year, if changed since last report)

 

 

 

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SECTION 8 - OTHER EVENTS

 

 

FORWARD-LOOKING STATEMENTS. This current report contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that involve risks and uncertainties. In addition, the Registrant (Heartland, Inc., a Maryland corporation, and its subsidiaries) may from time to time make oral forward-looking statements. Actual results are uncertain and may be impacted by many factors. In particular, certain risks and uncertainties that may impact the accuracy of the forward-looking statements with respect to revenues, expenses and operating results include without imitation; cycles of customer orders, general economic and competitive conditions and changing customer trends, technological advances and the number and timing of new product introductions, shipments of products and components from foreign suppliers, and changes in the mix of products ordered by customers. As a result, the actual results may differ materially from those projected in the forward-looking statements.

 

Because of these and other factors that may affect the Registrant's operating results, past financial performance should not be considered an indicator of future performance, and investors should not use historical trends to anticipate results or trends in future periods.

 

On September 12, 2005, the Registrant entered into a Letter of Intent with Terry Robbins, President of Ohio Valley Lumber to acquire all the outstanding issued stock of NKR, Inc., d.b.a. Ohio Valley Lumber, a Delaware corporation (hereinafter “Ohio Valley Lumber”). On November 30, 2006, the Registrant amended its Letter of Intent with Terry Robbins, President of Ohio Valley Lumber whereby it will acquire all the outstanding issued stock of Ohio Valley Lumber for Five Million Two Hundred Thousand (5,200,000) shares of common stock of the Registrant, plus a additional infusion of Two Million ($2,000,000.00) Dollars in cash for the reduction of the Ohio Valley Lumber’s debts.

 

A definitive agreement is subject to the following conditions:

 

 

 

 

 

 

 

 

 

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Ohio Valley Lumber, (www.ohiovalleylumber.com) is a profitable company with annual sales in excess of around 18 million US Dollars, was originally founded in 1960. Ohio Valley Lumber’s gross assets are in excess of $19,500,000 and its net assets, net of mortgages, financing, and line of credits outstanding is in excess of $10,500,000. They are located at 16523 Street, Route 124, Piketon, Ohio. They are one of the largest hardwood mills in the United States. The Company’s facility encompasses a 230 acre site with a newly completed 9,000 square foot executive offices. The Company has a 42,000 square foot operating sawmill. They produce 30,000,000 board foot annual productions. Ohio Valley Lumber is the largest walnut producer in Ohio and the largest chip supplier to Mead Paper. They handle over 3 million feet of veneer logs annually. The Company, whose products are sold throughout the world, employs over 140 people.

 

SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS

 

 

Exhibits:

 

 

 

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.

 

HEARTLAND, INC.

(Registrant)

 

Robert L. Cox

Chief Executive Officer

(Duly Authorized Officer)

 

 

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