SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
CENTRE CAPITAL CORPORATION
(Name of Issuer)
COMMON STOCK, $0.001 PAR VALUE
(Title of Class of Securities)
156266-11-6
(CUSIP Number)
EQUITABLE ASSETS INCORPORATED
35 BARRACK ROAD, THIRD FLOOR
BELIZE CITY, BELIZE
(281) 933-4784
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
JULY 3, 2000
(Date of Event which Requires Filing 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(b)(3) or (4), check the following box Q.
Check the following box if a fee is being paid with this statement Q. (A
fee is not required only if the filing person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
NOTE: SIX COPIES OF THIS STATEMENT, INCLUDING ALL EXHIBITS, SHOULD BE FILED
WITH THE COMMISSION. SEE RULE 13D-1(A) FOR OTHER PARTIES TO WHOM COPIES ARE TO
BE SENT.
*The remainder of this 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).
<PAGE>
--------------------------------------------------------------------------------
CUSIP NO. 156266-11-6 13 D
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSONS:
Equitable Assets Incorporated
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO Issuance pursuant to certain Zeolite Purchase Agreements.
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Belize
--------------------------------------------------------------------------------
NUMBER OF | 7 SOLE VOTING POWER 1,800,000
SHARES |-------------------------------------------------------------
BENEFICIALLY | 8 SHARED VOTING POWER -0-
OWNED BY EACH |-------------------------------------------------------------
REPORTING | 9 SOLE DISPOSITIVE POWER 1,800,000
PERSON WITH |-------------------------------------------------------------
| 10 SHARED DISPOSITIVE POWER -0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,800,000
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.1 percent
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
<PAGE>
ITEM 2. IDENTITY AND BACKGROUND.
Equitable Assets Incorporated is a Belize corporation which has its
principal office and place of business at 35 Barrack Road, Third Floor, Belize
City, Belize. Equitable Assets Incorporated is a business corporation involved
in mining and investments. During the last five years, such person has not been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors). During the last five years, such person was not a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
enjoining future violations of, or prohibiting or mandating activities subject
to federal or state securities laws or finding any violation with respect to
such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The consideration for the common stock of the Issuer acquired by the
reporting person was pursuant to a Zeolite Purchase Agreement between the Issuer
and the reporting person dated July 3, 2000, and a Zeolite Purchase Agreement
between the reporting person and Jeannette Jimenez dated July 7, 2000, whereby
the reporting person was paid a fee of $2,400,000 for the sale of zeolite
mineral. Shares of the common stock of the Issuer were included in the fee.
ITEM 4. PURPOSE OF TRANSACTION.
The reporting person acquired 1,000,000 shares of the common stock of the
Issuer pursuant to a Zeolite Purchase Agreement between the Issuer and the
reporting person dated July 3, 2000, and 800,000 shares of the common stock of
the Issuer pursuant to a Zeolite Purchase Agreement between the reporting person
and Jeannette Jimenez dated July 7, 2000, whereby the reporting person was paid
a fee for the sale of zeolite mineral. Shares of the common stock of the Issuer
were included in the fee.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
The reporting person owns 1,800,000 shares of the common stock of the
Issuer. The reporting person has the sole voting power with respect to such
shares.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
The reporting person acquired 1,000,000 shares of the common stock of the
Issuer pursuant to a Zeolite Purchase Agreement between the Issuer and the
reporting person dated July 3, 2000 (with a corresponding Assignment and
Registration Rights Agreement), and 800,000 shares of the common stock of the
Issuer pursuant to a Zeolite Purchase Agreement between the reporting person
and Jeannette Jimenez dated July 7, 2000 (with a corresponding Assignment),
whereby the reporting person was paid a fee for the sale of zeolite mineral.
Shares of the common stock of the Issuer were included in the fee.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
The following exhibit is attached to this report:
<PAGE>
1. Zeolite Purchase Agreement dated July 3, 2000, between Equitable
Assets Incorporated and the Issuer.
2. Assignment dated July 3, 2000, between Equitable Assets Incorporated
and the Issuer.
3. Registration Rights Agreement dated July 3, 2000, between Equitable
Assets Incorporated and the Issuer.
4. Zeolite Purchase Agreement dated July 7, 2000, between Equitable
Assets Incorporated and Jeannette Jimenez.
5. Assignment dated July 7, 2000, between Equitable Assets Incorporated
and Jeannette Jimenez.
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.
EQUITABLE ASSETS INCORPORATED
/s/ Louis G. Mehr
----------------------------------
Louis G. Mehr, President
Dated: July 7, 2000.
<PAGE>
