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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report: December 9, 2002
PIZZA INN, INC.
(Exact name of registrant as specified in its charter)
MISSOURI 0-12919 47-0654575
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation or organization) File Number) Identification Number)
3551 PLANO PARKWAY, THE COLONY, TX 75056
(Address of principal executive offices)(zip code)
Telephone number of registrant, including area code: (469) 384-5000
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ITEM 5.
See attached Exhibit 1.
SIGNATURES
Pursuant to the requirements of the Securities and 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.
PIZZA INN, INC.
By:___\s\ Ronald W. Parker__
Ronald W. Parker, Chief Executive Officer
Date: December 9, 2002
P R E S S R E L E A S E
FOR IMMEDIATE RELEASE
PIZZA INN, INC. COLLECTS NOTE RECEIVABLE PAYMENT
DALLAS, TEXAS-DECEMBER 9, 2002--PIZZA INN, INC. (NASDAQ:PZZI) today announced
that it has received payment in full for a note receivable owed to the Company
from the Company's former Chief Executive Officer. The Company had previously
recorded a pre-tax charge of approximately $1.9 million in the fourth quarter of
fiscal 2002 to fully reserve for the possible nonpayment by Mr. Rogers. This
reserve will be reversed for the quarter ending December 29, 2002.
P R E S S R E L E A S E
Pizza Inn, Inc. For more information contact:
3551 Plano Parkway Ronald W. Parker
The Colony, TX 75056 President & Chief Executive Officer
(469) 384-5000