SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 and 15(d) of the
Securities Exchange Act of 1934
Date of Report (date of earliest event reported) August 31, 2000
STRATEGIC CAPITAL RESOURCES, INC.
(Exact name of Registrant as specified in Charter)
Delaware 0-28168 11-3289981
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification
Number)
2500 Military Trail North
Suite 260
Boca Raton, Florida 33431
(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code: 561-995-0043
Item 2. ACQUISITION OR DISPOSITION OF ASSETS
On August 31, 2000, as part of our ordinary course of business we acquired
two parcels of land consisting of 66 finished lots at a cost of approximately
$20,500,000 and simultaneously leased the property to a major publicly traded
homebuilder. We also granted the homebuilder an exclusive option to purchase
the finished lots at prices ranging from approximately $218,000 to $477,000
per finished lot.
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 of the undersigned thereunto duly authorized.
Strategic Capital Resources, Inc.
(Registrant)
By /s/John Kushay
(Signature)
John Kushay, Treasurer
Chief Financial Officer
Dated: September 11, 2000
