UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
of the
SECURITIES EXCHANGE ACT OF 1934
Date of Event Requiring Report: November 16, 2000
STARUNI CORPORATION
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(Exact Name of Registrant as Specified on its Charter)
O-30061 95-2210753
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(Commission File Number) (IRS Employer Identification Number)
CALIFORNIA
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(State or Other Jurisdiction of Incorporation or Organization)
1642 Westwood Boulevard
Los Angeles, California 90024
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(Address of Principal Executive Offices)
(310) 470-9358
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(Registrant's Telephone Number, Including Area Code)
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
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On November 16, 2000, Staruni Corporation acquired from Enova Holdings, Inc. all
of the outstanding shares of Pego Systems, Inc. in exchange for Fifteen Million
(15,000,000) restricted shares of the common stock of Staruni (or sufficient
shares to make Enova a Fifty percent (50%) holder of the issued and outstanding
shares of Staruni). No additional cash consideration was exchanged between the
parties. Staruni has agreed that Frederic Cohn, Chairman of Enova, shall be
appointed to the board of directors of Staruni effective as of the date of the
Stock Purchase Agreement.
Enova Holdings, Inc. is a Nevada corporation, with its principal offices located
in Los Angeles, California.
Pego Systems, Inc. is a privately held corporation in the business of
distribution and development of environmental- control and filtration systems.
It has been in business for 27 years with such customers as Coca-Cola, Mobil Oil
and other Fortune 500 Companies. The addition of Pego, with its significant
revenues, is expected to add significant shareholder value to Staruni. Pego owns
a manufacturing site, consisting of a 22,000 square foot facility located in
Long Beach California.
The board of directors of Staruni approved the transaction in a unanimous vote.
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
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The following exhibit is included:
** Stock Purchase Agreement dated November 16, 2000 between Staruni
Corporation and Enova Holdings, Inc.
** Financial statements for Pego, which will be produced and filed within
60 days of the filing hereof.
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.
Dated: November 29, 2000
Staruni Corporation
By: /s/ Bruce Stuart
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Bruce Stuart, President
