ULTIMATE FRANCHISE SYSTEMS INC
8-K, 2000-06-22
PATENT OWNERS & LESSORS
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 8K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                                  June 13, 2000
                              --------------------
                                (Date of Report)

                        ULTIMATE FRANCHISE SYSTEMS, INC.
                       ----------------------------------
                 (Name of Small Business issuer in its charter)
                         Formerly Jreck Subs Group, Inc.

           COLORADO                   0-23545                 84-1317674
           --------                   -------                 ----------
(State or other jurisdiction of  (Commission File No.)       (IRS Employer
incorporation or organization)                             Identification No.)

                             2101 W. State Road 434
                                    Suite 100
                               Longwood, FL 32779
                             ---------------------
                    (Address of principal executive offices)

                                 (407) 682-6363
                              --------------------
                         (Registrant's telephone number)

                             Jreck Subs Group, Inc.
                            ------------------------
                           (Registrant's Former Name)

<PAGE>

ITEM 5.  OTHER EVENTS.

         On May 16, 2000, a majority of the  shareholder's  entitled to vote for
amendments   to  the   Company's   Articles   of   Incorporation,   adopted  the
recommendation  of the Board of Directors and adopted a resolution  changing the
name of the  Corporation  from Jreck Subs  Group,  Inc.  to  Ultimate  Franchise
Systems,  Inc. A copy of the amended  Certificate of  Incorporation is attached,
hereto,  as Exhibit 3(i).  Notification was made to the NASD, and effective June
9, 2000, the Company's name was so noted.  The Company's  ticker symbol was also
changed to UFSI.

Forward Looking Statements

This Report on Form 8-K may  contain  forward-looking  statements.  When used in
this  report,  the words  "may,"  "will,"  "expect,"  "anticipate,"  "continue,"
"estimate,"  "project," "intend," "believe" and similar expressions,  variations
of  these  words or the  negative  of  those  words  are  intended  to  identify
forward-looking  statements  within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the  Securities  Exchange  Act of 1934  regarding
events, conditions and financial trends including, without limitation,  business
conditions in the general economy, and other risks or uncertainties  detailed in
other  of  the  Company's  Securities  and  Exchange  Commission  filings.  Such
statements are based on  management's  current  expectations  and are subject to
risks,  uncertainties  and  assumptions.  Should  one or more of these  risks or
uncertainties materialize, or should underlying assumptions prove incorrect, the
Company's actual plan of operations,  business  strategy,  operating results and
financial  position could differ  materially from those expressed in, or implied
by, such forward-looking statements.

                                   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.



June 13, 2000                                   /s/ Christopher M. Swartz
                                                --------------------------------
                                                Christopher M. Swartz, President

                                       2
<PAGE>

                                  EXHIBIT INDEX

Exhibit No.                        Description

3.1               Jreck Subs Group,  Inc.  Articles of Amendment  filed with the
                  Colorado Secretary of State on May 23, 2000.

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