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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13D
CENTRAL AMERICAN EQUITIES, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
152382107
(CUSIP Number)
Richard Wm. Talley
19200 Von Karman
Irvine, CA 92612
(949) 622-5590
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
August 1, 2000
(Date of Event which Requires Filing of this Statement)
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(e), 13d-1(f) or 13d-1(g), check the
following box [ ] .
Note. Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits. See Rule
13d-7(b) for other parties to whom copies are to be sent.
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1. NAMES OF REPORTING PERSONS
Richard Wm. Talley
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) N/A
(b) N/A
3. SEC USE ONLY
4. SOURCE OF FUNDS:
PF (Personal Funds)
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH:
7. SOLE VOTING POWER: 762,022
8. SHARED VOTING POWER: 0
9. SOLE DISPOSITIVE POWER: 762,022
10. SHARED DISPOSITIVE POWER: 0
11. AGGREGATE AMOUNT
BENEFICIALLY OWNED BY
EACH REPORTING PERSON: 762,022
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11): 5.2%
14.TYPE OF REPORTING PERSON: Individual
ITEM 1. SECURITY AND ISSUER.
The title of the class of equity securities to which this
statement relates is common stock, par value $.001 per share (the "Common
Stock"), of Central American Equities, Inc., a Florida corporation (the
"Company"). The address of the Company's principal executive offices is 19200
Von Karman Avenue, Irvine, CA 92612.
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ITEM 2. IDENTITY AND BACKGROUND.
A. Richard Wm. Talley
B. 19200 Von Karman
Irvine, CA 92612.
C. Chairman of the Board of Directors
Central American Equities
19200 Von Karman, Suite 500
Irvine, CA 92612
D. N/A
E. N/A
F. United States
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Founders shares and conversion of debt
ITEM 4. PURPOSE OF TRANSACTION.
This is a first reporting of stock holdings. Stock is Founders
Stock and conversion of debt.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(A) amount of shares 762,022
Approximate percent 5.2%
(B) 762,022
(C) these are founders shares and conversion of debt
(D) N/A
(E) N/A
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS
OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.
N/A
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS: N/A
SIGNATURE
After reasonable inquiry and to the best of its knowledge and
belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: August 1, 2000 /s/ Richard Wm. Talley
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Richard Wm. Talley
