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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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) JULY 30, 1999
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ALTIVA FINANCIAL CORPORATION
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE
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(STATE OR OTHER JURISDICTION OF INCORPORATION)
0-21689 88-0286042
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COMMISSION FILE NUMBER (I.R.S. EMPLOYER IDENTIFICATION NO.)
1000 PARKWOOD CIRCLE, SUITE 500, ATLANTA, GA 30339
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
(770) 952-6700
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(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
MEGO MORTGAGE CORPORATION
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(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On July 15, 1999, the Company consummated the previously announced purchase
of all of the outstanding stock of The Money Centre, Inc. The principal
components of the purchase price for the acquisition by the Company were
$7,000,000 of cash, $3 million of the Company's common stock (600,000 shares
valued at $5 per share), and 20% of the pre-tax net cash flow, as defined in the
purchase agreement for a period not to exceed 48 months.
ITEM 5. OTHER EVENTS
Effective July 30, 1999 Wm. Paul Ralser has resigned as President, Chief
Operating Officer and as a Director of Altiva, in order to pursue other
interests.
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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.
ALTIVA FINANCIAL CORPORATION
Dated: July 30, 1999 By: /s/ J. Richard Walker
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J. Richard Walker
Executive Vice President
Chief Financial Officer
