UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of report (Date of earliest event reported): 4-11-06
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TX Holdings Inc.
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(Exact name of registrant as specified in its charter)
Georgia 000-32335 58-2558702
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(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
1602 Alton Rd. # 487, Miami Beach, FL 33139
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(Address of Principal Executive Officers) (Zip Code)
Registrant's telephone number, including area code: 305-420-6781
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(Former name or former address, if changed since last report)
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):
[ ] 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))
Item-2.01- Completion of Acquisition
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TX Holdings, Inc. (TXHG) is very pleased to announce it has acquired its first
producing oil and gas lease. The Company has acquired a 75% working interest
(WI) in the "PARKS" Lease , it is 320 acres with approximately 22 existing wells
with estimated reserves of 12M to 13M barrels. The Lease is located next to the
Williams Lease which the Company has previously stated it acquired an option on
in Callahan County, Texas.
Williams Update: The Company has received an updated geological report on the
Williams Lease, showing 24M barrels of recoverable reserves. These are all from
shallow zones less than 1,000 feet, including the Frye, Tannehill, Saddle &
Bluff Creek, and the Upper, Middle, and Lower Cook zones. TX Holdings plans to
exercise the option within 30 days.
Exhibit 99.1 Press release dated April 11th, 2006
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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.
Dated: April 11, 2006
By: /s/ Mark Neuhaus
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Mark Neuhaus, President and Chairman
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