UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C.
SWIFTY CARWASH & QUIK-LUBE, INC.
COMMON STOCK
CLASS A PURCHASE WARRANTS
CUSIP NO.870763 11 7
RACHEL STEELE, PRESIDENT, SECRETARY
17521 CRAWLEY ROAD, ODESSA, FL 33556
January 22, 1999
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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(1) NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Stanley and Arlene Rabushka
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) /./
(b) /X/
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(3) SEC USE ONLY
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(4) SOURCE OF FUNDS
SC
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(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) /NA/
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(6) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizens
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(7) SOLE VOTING POWER
............1,400,000..............
NUMBER OF SHARES
(8) SHARED VOTING POWER
BENEFICIALLY OWNED BY
EACH REPORTING PERSON .................0.................
WITH
(9) SOLE DISPOSITIVE POWER
............1,400,000..............
(10) SHARED DISPOSITIVE POWER
..................0.................
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(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,400,000
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(12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) /NA/
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(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17%
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(14) TYPE OF REPORTING PERSON (See Instructions)
IN
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Item 1. Security and Issuer.
This schedule relates to shares of Common Stock with a par value of $.01 and
Purchase Warrants redeemable at $7.25 of Swifty Carwash & Quik-Lube, Inc. (the
"Issuer") The Issuer's principal executive office is located at 17521 Crawley
Road, Odessa, Florida 33556. The Company's President and Secretary is Rachel L.
Steele. Donald Hughes is Vice-President. Raymond Lipsch is Treasurer, CFO and
CEO of the Company.
Item 2. Identity and Background.
(a) Stanley and Arlene Rabushka; (b) Residence: 250 S. Brentwood Blvd., Suite
4L, St. Louis, MO 63105; (c) Mr. Rabushka' principal business is as an attorney
at Stanley Rabushka Attorney at Law in St. Louis, MO. Mrs. Rabushka is not
employed; (d) Neither Mr. or Mrs. Rabushka has been convicted in a criminal
proceeding (excluding traffic violations or similar misdemeanors) in the last
five years; (e) Neither Mr. or Mrs. Rabushka has been a party to a civil
proceeding involving state or federal securities laws or violations thereof in
the last five years.(f) Mr. and Mrs. Rabushka are citizens of the United States.
Item 3. Source and Amount of Funds or Other Consideration.
The Company issued the securities to Mr. Rabushka in partial consideration for
his consulting services.
Item 4. Purpose of Transaction.
The purpose of the acquisition of securities by Mr. and Mrs. Rabushka is
investment. The reporting persons intend to review continuously their position
in Swifty Carwash & Quik-Lube, Inc. and may, depending upon the evaluation of
the Company's business and prospects, as well as upon future developments,
price, availability of shares and other factors, determine to increase, decrease
or eliminate their position in the Company. The reporting persons are not
considering any plans or proposals which relate to or would result in: (a) the
acquisition or disposition by any person of additional securities of the issuer
other than general knowledge that the issuer's securities are the subject of a
public offering where its securities will be sold and purchased; (b) an
extraordinary corporate transaction, such as a merger, reorganization, or
liquidation, involving the Company or any of its subsidiaries; (c) a sale or
transfer of a material amount of assets of the Company or any of its
subsidiaries; (d) any change in the Company's Board of Directors or management;
(e) any material change in the present capitalization or dividend policy of the
Company; (f) any material change in the Company's business, corporate structure,
charter or by-laws; (g) any change in the issuer's charter, bylaws or
instruments which would impede the acquisition of control of the Company by any
person; (h) any class of securities of the Company to be delisted; (i) the
Company's common stock to be eligible to be deregistered under the Securities
Exchange Act of 1934; or (j) any action similar to those enumerated above.
Item 5. Interest in Securities of the Issuer.
(a) Mr. and Mrs. Rabushka as tenants in the entirety, directly beneficially own
an aggregate interest of 17% in the Company with a total of 1,400,000 common
shares. The Issuer has a total of 50,000,000 common shares authorized. As of
November 30, 1998, 8,394,120 shares and 318,240 Purchase Warrants were
outstanding. All but 159,120 of the Company's shares are restricted under Rule
144. All of the Rabushka's shares are restricted. (b) Mr. And Mrs. Rabushka have
the power to vote all shares owned in the Company and to dispose or to direct
the disposition of those shares; (c) No transactions were effected during the
last 60 days; (d) Mr. and Mrs. Rabushka have the right to receive dividends from
all of their shares. They have the power to direct the distribution of shares in
the Company through Mr. Rabushka's position as a consultant of the Company and
by being voting shareholders; (e) NA.
Item 6. Contracts, Arrangements, Undertakings or Relationships with Respect to
Securities of the Issuer.
None.
Item 7. Materials to Be Filed as Exhibits.
None.
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
/s/Stanley Rabushka /s/Arlene Rabushka
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Date: December 16, 1998 Stanley and Arlene Rabushka
