UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)          October 7, 2020

J.W. Mays, Inc.
(Exact name of registrant as specified in its charter)
     
New York       1-3647       11-1059070
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
         
9 Bond Street, Brooklyn, New York       11201-5805
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code   718-624-7400

            

(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))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $1 par value MAYS NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

J. W. Mays, Inc. issued a press release on October 7, 2020 reporting its financial results for the three and twelve months ended July 31, 2020. The press release reported revenues and net income/loss for such three and twelve month periods and provided a comparison for revenues and net income/loss for the three and twelve month periods ended July 31, 2019.

A copy of the press release is attached to this Form 8-K as Exhibit 99(i).

 

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.

J. W. Mays, Inc.
(Registrant)
                       
 
Dated:   October 8, 2020       By: Mark Greenblatt
Mark Greenblatt
Executive Vice President
Principal Financial Officer

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EXHIBIT INDEX

Exhibit No. Description
99 i Press Release dated October 7, 2020

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Press Release Exhibit 99(i)
From  
J. W. Mays, Inc.
Publicity Department
9 Bond Street
Brooklyn, NY 11201
 
718 624 7400

J. W. MAYS, INC.
REPORTS ON OPERATIONS
FOR THE FISCAL YEAR AND THREE MONTHS ENDED JULY 31, 2020

J. W. Mays, Inc. today reported its financial results for the twelve and three months ended July 31, 2020.

Revenues from Operations for the three months ended July 31, 2020 were $4,328,297 compared to revenues of $5,381,346 in the comparable 2019 three-month period, while revenues from Operations for the twelve months ended July 31, 2020 were $19,531,846 compared to revenues from Operations of $21,139,795 in the comparable 2019 twelve-month period.

Net loss for the three months ended July 31, 2020 was ($392,245), or ($.20) per share, compared to net income of $644,100, or $.32 per share, in the comparable 2019 three-month period.

Net loss for the twelve months ended July 31, 2020 was ($906,005), or ($.45) per share, compared to net income of $1,514,801, or $.75 per share, in the comparable 2019 twelve-month period.

*               *               *

Dated: October 7, 2020