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 Report (Date of earliest event reported) July 18, 2000
GOOLU INC.
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(Exact name of registrant as specified in its charter)
Colorado, U.S.A. 0-26765 Nil
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.
1000 - 355 Burrard Street, Vancouver, B.C., Canada V6C 2G8
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (604) 683-9262
Essex Capital Corporation, 201 - 5353 Manhattan Circle,
Boulder, Colorado, U.S.A. 80303
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(Former name or former address, if changed since last report
Item 1. Changes in Control of Registrant
Control of the Company was formerly exercised by Allen R. Goldstone and members
of his family of 2495 Agate Road, Boulder, Colorado, U.S.A. - who held, in
aggregate, 238,150 shares of the Company, being 47.51% of the issued shares of
the Company, and Sanford L. Schwartz and a member of his family of 1010 Orange
Place, Boulder, Colorado, U.S.A. - who held 208,150 shares of the Company, being
41.52% of the issued shares of the Company. Mr. Goldstone and his family have
sold 192,860 shares of the Company - with Mr. Goldstone retaining 15, 290
shares. Mr. Schwartz and his family have sold 198,375 shares with Mr. Schwartz
retaining only 9,775 shares. 100% of the other shares have also been sold - so
that a total of 95% of the issued shares of the Company - being 476,235 shares -
have been sold - all as private transactions.
The transferees and the numbers of shares each purchased are set forth below in
the listing of the holders of more than 5% of the issued shares.
<PAGE>
In addition, the sole Director and Officer of the Company, Linda M. Stamelos,
resigned from all of her positions with the Company. Two of the purchasers of
the shares have been elected as the Directors of the Company, and to the
following offices, effective July 28, 2000:
Shih-Hsun Lan - President
Neng-Tse Shih - Secretary
The purchasers of the shares paid to the vendors, for the shares, cash
consideration from their own funds. There is no arrangement or understanding
between the transferors and the transferees with respect to the election of
Directors or any other matters. Further, there is no agreement or voting trust
with respect to the voting of the shares between any of the transferees of the
shares.
As a result of the transfers described above, the holders of more than 5% of the
issued shares of the Company and their particulars and shareholdings are as
follows:
<TABLE>
<CAPTION>
---------------------------- -------------------------- -------------------------- --------------------------
Title of class of shares Name and address of Percentage of issued
owners Shares owned shares
---------------------------- -------------------------- -------------------------- --------------------------
<S> <C> <C> <C>
Common Hsueh-Mei Chang 136,592 27.25%
28-3F, #8, Bao-
Ching St., Hsien-
Tien, Taipei 231,
Taiwan
---------------------------- -------------------------- -------------------------- --------------------------
Common Shih-Hsun Lan 50,000 9.97%
5F, #61, Fu-Jon St.
Taipei 104, Taiwan
---------------------------- -------------------------- -------------------------- --------------------------
Common Neng-Tse Shih 50,000 9.97%
3F, #51-1, Jih-Nan
Rd., Sec. 2, Taipei
104, Taiwan
---------------------------- -------------------------- -------------------------- --------------------------
Common Hsueh Su-Chen 50,000 9.97%
Shih
12F, #28, Roosevelt
Road, Sec. 3, Taipei
100, Taiwan
---------------------------- -------------------------- -------------------------- --------------------------
Common Chuan-Feng Shih 50,000 9.97%
#1, 24l Ln., Syh-
Ping St. Yuan-Lin
Town, Chang-Hua
County 510, Taiwan
---------------------------- -------------------------- -------------------------- --------------------------
Common Fu-Kuei Lian 35,908 7.16%
5F, #14, 534 Ln.,
Wan-Tah Road,
Taipei 108, Taiwan
---------------------------- -------------------------- -------------------------- --------------------------
Common Hsu-Fong Shih 45,618 9.1%
1F, #9, 118Aly. 30
Ln., Yeong-Jyi Rd.,
Taipei 110, Taiwan
---------------------------- -------------------------- -------------------------- --------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
---------------------------- -------------------------- -------------------------- --------------------------
<S> <C> <C> <C>
Common Shih-Fong Shih 26,882 5.36%
#365, Chien-Kuo
Rd., Yuan-Lin
Town, Chang-Hua
County 510, Taiwan
---------------------------- -------------------------- -------------------------- --------------------------
Common Global Online Ltd. 31,235 6.23%
#27, Ning-Han St.
Taichung City,
Taiwan
---------------------------- -------------------------- -------------------------- --------------------------
TOTALS: 476,235 95.0%
---------------------------- -------------------------- -------------------------- --------------------------
</TABLE>
The aggregate number of common shares owned by the Directors and Officers of the
Company are:
------------------------------------- -----------------------------------
Number of Shares
No. of Shares owned in aggregate Percentage
------------------------------------- -----------------------------------
Shih-Hsun Lan and
100,000 Neng-Tse Shih 19.95%
------------------------------------- -----------------------------------
Item 2. Acquisition or Disposition of Assets
The Company has neither acquired nor disposed of any assets.
Item 3. Bankruptcy or Receivership
Nil
Item 4. Changes in Registrant's Certifying Accountant
Nil
Item 5. Other Events
The name of the Company was changed, effective August 1, 2000, from Essex
Capital Corporation to Goolu Inc.
Item 6. Resignations of Registrant's Directors
Reference is made to Item 1 above with respect to the changes of the Company's
Directors.
Item 7. Financial Statements and Exhibits
Nil - not applicable.
Item 8. Change in Fiscal Year.
Nil.
<PAGE>
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.
GOOLU INC.
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(Registrant)
Date: August 11, 2000 "Shih-Hsun Lan" - President
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(Signature)
Shih-Hsun Lan - President
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(Name and Title of signing officer)
