CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES ACT OF 1934
Date of Report
(Date of Earliest Events Reported): Commission File Number: 333-80429
JULY 21, 2000
FORM 8-K
Asset Servicing Corporation
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(exact name of registrant as specified in its charter)
Nevada 75-2823489
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(State of Incorporation) (IRS ID No.)
709-B West Rusk, Suite 580, Rockwall, Texas 75087
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: 214-212-2307
Item 1. Changes in Control of Registrant.
On July 21, 2000, in accordance with the merger agreement described in Item 2,
the following describes persons who are the new directors and their respective
stock ownership:
W. Cleveland Smith 3,600,000 16.16%
Raymond H. Adler 2,250,000 10.10%
The former director, Charles Smith, shows 1,600,000 shares at 7.18%.
Item 2. Acquisition of Assets.
On July 21, 2000, Asset Servicing Corporation effected a merger whereby:
a) the company effected an 8 for 1 forward stock split, bringing the
outstanding stock of the company from 347,000 to 2,776,000;
b) the company issued 19,495,000 shares of its common stock for 100% of
the outstanding stock of Park Pass.com, Inc. Park Pass.com, Inc. is a
company with licensed technology that enables it to provide total
cashless systems and integration of entertainment parks and similar
facilities.
c) the company will change its name to Omni Park Pass.com, Inc.
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Item 6. Resignation of Directors.
Under the merger described in Item 2, Charles Smith will resign as a Director
effective July 21, 2000 and the following will become directors of the company:
W. Cleveland Smith Director
Raymond H. Adler Director
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.
ASSET SERVICING CORPORATION
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(Registrant)
BY: /s/ Charles Smith
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Charles Smith, President
DATE: July 21, 2000
Rockwall, Texas