U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): February 23, 2000
COMMISSION FILE NUMBER: 0-27229
FLINTROCK FINANCIAL SERVICES, INC.
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
NEVADA
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(STATE OR OTHER JURISDICTION OF INCORPORATION OR ORGANIZATION)
88-0409163
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(I.R.S. EMPLOYER IDENTIFICATION NUMBER)
1187 W. 16th Avenue
Vancouver, B.C., Canada V6H
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(ADDRESS AND PHONE NUMBER OF PRINCIPAL OFFICES)
2980 S. Rainbow Boulevard, Suite 108
Las Vegas, Nevada 89146
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(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
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ITEM 5: OTHER EVENTS
The Company has received written commitments for a private placement
financing totalling US$1,350,000. The placement involves the sale of Units at
US$6.00 per Unit. Each Unit consists of one share of common stock and one
warrant to purchase one share of common stock for US$8.00 per share for a period
of one year.
The proceeds of the placement will be used by the Company to exercise its
option to acquire 82.5% of the total outstanding shares of Tysa Corporation, a
private Washington corporation located in Seattle, Washington, for cash
consideration of US$835,000 and the issuance of 2,100,000 shares of the
Company's restricted shares of common stock. The balance of the proceeds from
the placement will be used for working capital.
Tysa operates a profitable automotive internet and point-of-purchase
business in Washington and California under the name "Auteo Media"
(www.auteo.com). Tysa's core business involves the collection of vehicle data
and onsite digital photographs used to produce point-of-purchase window labels
and internet services to approximately 120 vehicle dealerships in Washington and
California.
Tysa also condicts automotive auctions on its website www.bidthatcar.com,
and runs electronic-to-print classified ads for vehicles on its website
www.autoloco.com.
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934,
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FLINTROCK FINANCIAL SERVICES, INC.
By: /s/ JEFF STEVENSON
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Jeff Stevenson, President
Dated: February 23, 2000
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