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
June 13, 2000
Date of Report
(Date of Earliest Event Reported)
MAYFORD ACQUISITION CORPORATION
(Exact Name of Registrant as Specified in its Charter)
15635 Vision Drive
Pflugerville, Texas 78660-3203
(Address of principal executive offices)
512/251-3484
(Registrant's telephone number)
1504 R Street, N.W.
Washington, D.C. 20009
(Former address)
Delaware 0-28681 52-2201514
(State or other (Commission (I.R.S. Employer
jurisdiction of incorporation) File Number) Identification Number)
ITEM 1. CHANGES IN CONTROL OF REGISTRANT
(a) Pursuant to an Agreement and Plan of
Reorganization (the "Acquisition Agreement"), Syntec
Acquisition Corporation ("Syntec") has acquired all the
outstanding shares of common stock of Mayford
Acquisition Corporation ("Mayford"), a Delaware
corporation, from the shareholder thereof in an
exchange for an aggregate of 120,000 shares of common
stock of Syntec (the "Acquisition") in contemplation
of the combination of Syntec and Mayford.
A copy of the Acquisition Agreement is filed as
an exhibit to this Current Report and is incorporated
in its entirety herein. The foregoing description is
modified by such reference.
Syntec provides customized integrated
manufacturing services to original equipment
manufacturers in the electronics industry.
MANAGEMENT
Name Age Position
Jose G. Chavez 49 Chief Executive Officer, Chairman of
the Board
Jaime J. Munoz 39 President, Director
Gustavo A. Cardenas 48 Chief Financial Officer, Director
Lynn K. Bishop 61 Vice President of Business Development
All directors hold office until the next annual
meeting of shareholders or until their successors are
duly elected and qualified. Officers serve at the
pleasure of the Board of Directors. Set forth below is
a summary description of the business experience of
each director and officer of the Company.
JOSE CHAVEZ serves as Chairman of the Board and
Chief Executive Officer of Mayford. In July, 1999, Mr.
Chavez with Jaime Munoz and Gus Cardenas spearheaded
the group that acquired Syntec Acquisition
Corporation. Mr. Chavez was a co-founder of
Micro-Media Solutions, Inc. a high technology company,
leading the development of that two-person start up in
1993 to what is now a multi-million dollar business
enterprise. From 1989 to 1991, Mr. Chavez was Plant
Manufacturing Manager for CompuAdd Corporation, a
personal computer manufacturer. From 1980 to 1989, Mr.
Chavez was section head at Hughes Aircraft. Mr. Chavez
obtained a Master of Administrative Management from the
University of Redlands Business School in 1981and a
Bachelor of Science in Electrical Engineering from the
University of Texas at El Paso in 1975.
JAIME MUNOZ serves as President and a director
of Mayford. Mr. Munoz joined Mr. Chavez and Mr.
Cardenas in the acquisition in July 1999, bringing over
15 years of experience related to all aspects of
project management, implementation and daily company
operations. Mr. Munoz served as Vice President of
Operations for Micro-Media Solutions, Inc. with
responsibilities for finances, investor relations,
public company compliance, human resources, purchasing,
inventory control, liaison for related legal matters,
and company administration. Mr. Munoz served as Vice
President / Chief Marketing Officer for Infrastructure
Services, Inc. in Houston Texas from 1987 to 1997. Mr.
Munoz obtained a Bachelor of Science Degree from the
University of Texas at El Paso.
GUS CARDENAS serves as Chief Financial Officer
and a director of Mayford. Mr. Cardenas joined Mr.
Chavez and Mr. Munoz in the acquisition in July 1999,
bringing over 20 years of experience in executive
financial management, investment development, strategic
planning, and human resource management. In prior
years, Mr. Cardenas has held various banking positions
with First State Bank, Austin and Del Rio National
Bank, Del Rio, Texas such as: Vice President of
Mortgage Lending Division, State of Texas; Vice
President of Commercial Lending; and Vice President,
International Banking. From 1992 to 1995, Mr. Cardenas
founded and served as CEO of SFI Group, which provided
financial consulting to small and medium size
companies. Mr. Cardenas obtained a Bachelor of Business
Administration in 1976 from the University of Texas at
Austin majoring in Business Management.
LYNN BISHOP serves as Vice President Business Development of
Mayford. Mr. Bishop joined Syntec Executive Officer in May, 1998,
bringing 30 years of experience with such computer industry companies
as Texas Instruments (Director, Authorized Distribution Program for
Computer and Peripheral Product), Hall-Mark Electronics (Vice
President and General Manager of Computer Systems Business Segment).
Mr. Bishop was also a founding member of Citrix Systems' team
(Venture Capital startup through IPO). Most recently Mr. Bishop
has served in the Vice President's role at three different
telecommunications companies: Racal Datacom, Memotec
Communications and XEL Communications.
(b) Mayford intends to recapitalize its
authorized stock and to subsequently acquire the
outstanding shares of Syntec. Upon completion of such
reorganization, if effected, Mayford will file a
Current Report on Form 8-K.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
Not applicable
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
Not applicable
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Not applicable
ITEM 5. OTHER EVENTS
Not applicable
ITEM 6. RESIGNATIONS OF DIRECTORS AND EXECUTIVE OFFICERS
Not applicable
ITEM 7. CHANGE IN FISCAL YEAR
Not applicable
ITEM 8. CHANGE IN FISCAL YEAR
Not applicable
EXHIBITS
2.1. Agreement and Plan of Reorganization
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused
this Current Report on Form 8-K to be signed on its
behalf by the undersigned hereunto duly authorized.
MAYFORD ACQUISITION CORPORATION
By /s/ Jose G. Chavez
Chief Executive Officer
Date: June 26, 2000
