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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001181431-07-042889.txt : 20070702
<SEC-HEADER>0001181431-07-042889.hdr.sgml : 20070702
<ACCEPTANCE-DATETIME>20070629174447
ACCESSION NUMBER:		0001181431-07-042889
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20070629
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20070702
DATE AS OF CHANGE:		20070629

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EQUUS TOTAL RETURN, INC.
		CENTRAL INDEX KEY:			0000878932
		IRS NUMBER:				760345915
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-00098
		FILM NUMBER:		07952382

	BUSINESS ADDRESS:	
		STREET 1:		2727 ALLEN PKWY
		STREET 2:		13TH FLOOR
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77019
		BUSINESS PHONE:		7135290900

	MAIL ADDRESS:	
		STREET 1:		2727 ALLEN PARKWAY
		STREET 2:		13TH FLOOR
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77019

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EQUUS II INC
		DATE OF NAME CHANGE:	19970422
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>rrd164534.htm
<TEXT>

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   <TITLE>DC2046.pdf -- Converted by SEC Publisher 4.2, created by BCL Technologies Inc., for SEC Filing</TITLE>
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<B><FONT face="serif">U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549</FONT></B></P>
<P align="center">
<TABLE><TR><TD align="center" nowrap>
<B><FONT size=4 face="serif">FORM 8-K</FONT></B><BR>
<BR>
<B><FONT size=4 face="serif">CURRENT REPORT</FONT></B><BR>
</TD></TR></TABLE>
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<P align="center">
<FONT face="serif">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</FONT></P>
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<FONT face="serif">Date of Report (Date of earliest event reported): June 29, 2007</FONT></P>
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<B><FONT size=4 face="serif">Equus Total Return, Inc.</FONT></B><BR>
</TD></TR></TABLE>
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<FONT face="serif">(Exact name of registrant as specified in its charter)</FONT></P>
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<B><FONT face="serif">Delaware</FONT></B><BR>
<FONT face="serif">(State or other jurisdiction of incorporation)</FONT><BR>
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<B><FONT face="serif">0-19509</FONT></B>&nbsp;
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&nbsp;	</TD>
	<TD width=54% nowrap align=center>
<B><FONT face="serif">76-0345915</FONT></B>&nbsp;
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	<TD width=43% nowrap align=center>
<FONT face="serif">(Commission File Number)</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=54% nowrap align=center>
<FONT face="serif">(I.R.S. Employer Identification No.)</FONT>&nbsp;
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<B><FONT face="serif">2727 Allen Parkway, 13</FONT></B><B><SUP><FONT face="serif">th </FONT></SUP></B><B><FONT face="serif">Floor, Houston, Texas 77019</FONT></B></P>
<P align="center">
<FONT face="serif">(Address of principal executive offices, zip code)</FONT></P>
<P align="center">
<FONT face="serif">Registrant&#146;s telephone number, including area code: </FONT><B><FONT face="serif">(713) 529-0900</FONT></B></P>
<P align="center">
<B><FONT face="serif">N/A</FONT></B></P>
<P align="center">
<FONT face="serif">(Former name or former address, if changed since last report)</FONT></P>
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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">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:</FONT></P>
<P align="left">
<FONT face="serif">[ ] Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></P>
<P align="left">
<FONT face="serif">[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></P>
<P align="left">
<FONT face="serif">[ ] Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange act (17 CFR 240.14d-2(b))</FONT></P>
<P align="left">
<FONT face="serif">[ ] Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange act (17 CFR 240.13e-4(c))</FONT></P>

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<B><FONT face="serif">Item 8.01.</FONT></B><BR>
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<B><FONT face="serif">Other Events.</FONT></B><BR>
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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">On June 29, 2007, Equus Total Return, Inc. issued a press release announcing a &#36;6 million investment with Nickent Golf Equipment, a California corporation. The text of the press release is
included as Exhibit 99.1 to this Current Report and is incorporated herein by reference.</FONT></P>
<P align="left">
<B><FONT face="serif">Item 9.01. Financial Statements and Exhibits.</FONT></B></P>
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<FONT face="serif">(d)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
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<U><FONT face="serif">Exhibits</FONT></U><FONT face="serif">.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD width=100%>
<FONT face="serif">99.1 Press Release, dated June 29, 2007.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR></TABLE>
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<FONT face="serif">1</FONT></P>

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<B><FONT face="serif">SIGNATURE</FONT></B><BR>
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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">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.</FONT></P>
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<TABLE><TR><TD align="center" nowrap>
<B><FONT face="serif">EQUUS TOTAL RETURN, INC.</FONT></B><BR>
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<TABLE><TR><TD nowrap>
<FONT face="serif">Dated: June 29, 2007</FONT><BR>
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<TABLE><TR><TD nowrap>
<FONT face="serif">By: /s/ L&#146;Sheryl D. Hudson</FONT><BR>
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</P>
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<TABLE><TR><TD nowrap>
<FONT face="serif">L&#146;Sheryl D. Hudson</FONT><BR>
<FONT face="serif">Vice President and Chief Financial Officer</FONT><BR>
</TD></TR></TABLE>
</P>
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<FONT face="serif">2</FONT></P>

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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>rrd164534_20750.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML>
<HEAD>
<TITLE>DRAFT</TITLE>
</HEAD>
<BODY LINK="#0000ff" VLINK="#800080">
<B>
<P>&nbsp;</P>
<P>FOR IMMEDIATE RELEASE&#9;          CONTACT:  BRETT CHILES</P>
<P>&#9; (713) 529-0900</P>
<FONT SIZE=3>
<P>&#9;&#9;&#9;</P>
</FONT><FONT SIZE=5><P ALIGN="CENTER">EQUUS TOTAL RETURN, INC. ANNOUNCES</P>
<P ALIGN="CENTER">INVESTMENT IN SPORTS AND LEISURE SECTOR</P>
</B></FONT><FONT SIZE=3><P>&#9;                 &#9;  </P>
</FONT>
<B><P>HOUSTON, TX - June 29, 2007 - Equus Total Return, Inc. (NYSE: EQS)</B> (&quot;Equus&quot; or the &quot;Fund&quot;) has provided $6.0 million in debt financing to Nickent Golf, Inc. (&quot;Nickent&quot;) in connection with an overall transaction involving a previous bridge financing of $2.0 million in April 2007.  Nickent will use the proceeds for working capital, strategic marketing and global expansion.            </P>
<P>"Our hybrid, the club that made us famous, was in the bag of the US Open winner last weekend,&quot; commented Michael Lee, CEO and President of Nickent.  &quot;This is a very exciting time for Nickent Golf.  All of our products are being played on the PGA Tours.  We have more than tripled our distribution in recent years and have made significant strides in becoming a major player in the golf industry.  We believe Nickent's new relationship with Equus will surely help us get to the top.&quot;  </P>
<P>Anthony R. Moore, Chairman, CEO and President of Equus, will be joining the Nickent Board of Directors as Chairman.  Mr. Moore stated, "Investments in sports and leisure are representative of our twenty-first century trends investment strategy and Nickent is an exciting opportunity in this sector.  Golf has a huge and growing following around the world and Nickent is producing high quality products that players of all standards are seeking.  We are delighted to participate in taking Nickent to a new stage in the company's development."  </P>
<P>Nickent is a market leader in the rapidly expanding, hybrid club segment of the golf industry and is an emerging leader in game-enhancement technology.&nbsp; Nickent's development process is driven by its dedication to advanced technologies and focus on design innovation.&nbsp; Nickent is the official OEM sponsor of the Golf Channel's Nationwide Tour coverage.  Additional information on Nickent Golf, Inc. may be obtained at the Nickent website at www.nickentgolf.com.    </P>
<P>Equus Total Return, Inc. is a business development company that trades as a closed-end fund on the New York Stock Exchange, under the symbol "EQS". Additional information on Equus Total Return, Inc. may be obtained from the Equus website at www.equuscap.com.</P>
<P><BR>
<EM>This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Company's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements including, in particular, the risks and uncertainties described in the Company's filings with the Securities and Exchange Commission. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other per
son that the events or circumstances described in such statements are material.</P>
</EM>
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