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<SEC-DOCUMENT>0001181431-09-000352.txt : 20090105
<SEC-HEADER>0001181431-09-000352.hdr.sgml : 20090105
<ACCEPTANCE-DATETIME>20090105113334
ACCESSION NUMBER:		0001181431-09-000352
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20090105
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20090105
DATE AS OF CHANGE:		20090105

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:		09503081

	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>rrd228464.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML>
<HEAD>
<TITLE>U</TITLE>
</HEAD>
<BODY LINK="#0000ff">
<P ALIGN="CENTER"><B>U.S. SECURITIES AND EXCHANGE COMMISSION</P>
<P ALIGN="CENTER">Washington, D.C. 20549</P>
<P ALIGN="CENTER"></P>
<FONT SIZE=4><P ALIGN="CENTER">FORM 8-K</P>
</FONT><P ALIGN="CENTER"></P>
<FONT SIZE=4><P ALIGN="CENTER">CURRENT REPORT</P>
</B></FONT><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</P>
<P>Date of Report (Date of earliest event reported): January 2, 2009</P>
<B><FONT SIZE=4><P ALIGN="CENTER">Equus Total Return, Inc.</P>
</B></FONT><P ALIGN="CENTER">(Exact name of registrant as specified in its charter)</P>
<B><P ALIGN="CENTER">Delaware</P>
</B><P ALIGN="CENTER">(State or other jurisdiction of incorporation)</P>
<P>&#9;&#9;&#9;   <B>0-19509</B>&#9;&#9;&#9;&#9;       <B>76-0345915</P><DIR>
<DIR>
</B><P>(Commission File Number) &#9;&#9;(I.R.S. Employer Identification No.)</P>
</DIR>
</DIR>
<B><P ALIGN="CENTER">2727 Allen Parkway, 13<SUP>th</SUP> Floor, Houston, Texas 77019</P>
</B><P ALIGN="CENTER">(Address of principal executive offices, zip code)</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Registrant's telephone number, including area code: <B>(713) 529-0900</P>
</B><P ALIGN="CENTER"></P>
<B><P ALIGN="CENTER">N/A</P>
</B><P ALIGN="CENTER">(Former name or former address, if changed since last report)</P>
<P>&nbsp;</P>
<P>&#9;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:</P>
<P>[  ] Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>
<P>[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
<P>[  ]  Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange act (17 CFR 240.14d-2(b))</P>
<P>[  ]  Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange act (17 CFR 240.13e-4(c))</P>
<P>&nbsp;</P>
<B><P>Item 8.01.&#9;Other Events.</P>
</B>
<P>&#9;On January 2, 2009 Equus Total Return, Inc. issued a press release announcing a write-down of its investment in Nickent Golf, Inc., a City of Industry, CA-based Delaware corporation. The text of the press release is included as Exhibit 99.1 to this Current Report and is incorporated herein by reference. </P>
<B><P>Item 9.01.&#9;Financial Statements and Exhibits.</P>
</B>
<P>&#9;(d)&#9;<U>Exhibits</U>.</P>
<P>&#9;99.1&#9;Press Release, dated January 2, 2009.</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<B><P ALIGN="CENTER">SIGNATURE</P>
</B>
<P>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.</P>
<P> </P>
<P ALIGN="RIGHT"><TABLE CELLSPACING=0 BORDER=0 WIDTH=623>
<TR><TD WIDTH="2%" VALIGN="MIDDLE">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="MIDDLE">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="BOTTOM" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="3%" VALIGN="MIDDLE">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="MIDDLE">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="43%" VALIGN="MIDDLE">&nbsp;</TD>
</TR>
<TR><TD WIDTH="46%" VALIGN="TOP" COLSPAN=3>&nbsp;</TD>
<TD WIDTH="2%" VALIGN="BOTTOM" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="47%" VALIGN="TOP" COLSPAN=3>
<B><P>EQUUS TOTAL RETURN, INC.</B></TD>
</TR>
<TR><TD WIDTH="46%" VALIGN="MIDDLE" COLSPAN=3>&nbsp;</TD>
<TD WIDTH="5%" VALIGN="MIDDLE" COLSPAN=3>&nbsp;</TD>
<TD WIDTH="49%" VALIGN="MIDDLE" COLSPAN=4>&nbsp;</TD>
</TR>
<TR><TD WIDTH="46%" VALIGN="TOP" COLSPAN=3>
<P>Dated: January 5, 2009</TD>
<TD WIDTH="0%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2>
<P>By:</TD>
<TD WIDTH="2%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="47%" VALIGN="TOP" COLSPAN=3>
<P>/s/ L'Sheryl D. Hudson</P>
</TD>
</TR>
<TR><TD WIDTH="2%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="0%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="2%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="47%" VALIGN="TOP" COLSPAN=3>
<P>L'Sheryl D. Hudson</P>
<P>Vice President and Chief Financial Officer</TD>
</TR>
</TABLE>
</P>
<P>&nbsp;</P></BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>rrd228464_26959.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML>
<HEAD>
<TITLE>DRAFT</TITLE>
</HEAD>
<BODY>
<I>
</I><B><P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>FOR IMMEDIATE RELEASE&#9;          CONTACT:  BRETT CHILES</P>
<P>&#9; (713) 529-0900</P>
</B><I>
</I><P>&nbsp;</P>
<I><P>&nbsp;</P>
</I><B><P ALIGN="RIGHT">&nbsp;</P>
<P ALIGN="CENTER">EQUUS TOTAL RETURN, INC. ANNOUNCES WRITE DOWN OF ITS </P>
<P ALIGN="CENTER">INVESTMENT IN NICKENT GOLF</P>
</B><I>
</I><P>&nbsp;</P>
<B><P>HOUSTON, TX - January 2, 2009 - Equus Total Return, Inc. (NYSE: EQS) (the &quot;Fund&quot;)</B> announces a write down of its debt and equity investment in Nickent Golf, Inc. (&quot;Nickent&quot;).  The write down from $8.43 million to $180,000 is based on Nickent's current financial condition and the effects of the market economy on Nickent's business.  The remaining fair value of the Fund's investment represents a short-term loan secured by certain accounts receivable of Nickent.  Today's write down follows a write down from $9.18 million to $8.25 million at September 30, 2008.  Previous to today's write down, the investment represented approximately 8.7% of the Fund's total net assets.     </P>
<I>
</I><P>Equus is a business development company that trades as a closed-end fund on the New York Stock Exchange, under the symbol &quot;EQS&quot;.  Additional information on Equus Total Return, Inc. may be obtained from the Equus website at www.equuscap.com.</P>
<I><P>This press release may contain certain forward-looking statements regarding future circumstances.  These forward-looking statements are based upon the Fund'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 Fund'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 Fund 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 fund or any other person th
at the events or circumstances described in such statements are material.</P>
</I>
<P>&nbsp;</P></BODY>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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