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) March 31, 1998
CAMELOT CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Colorado 0-8299 84-0691531
(State of (Commission (IRS
Employer Incorporation) File Number)
Identification
No.)
2415 Midway Suite 121, Carrollton, TX 75006
(Address of Principal Executive Offices)
Registrant's telephone number, including area code:(972) 733-3005
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Item 2. Acquisition or Disposition of Assets
On March 31, 1998, the Registrant's wholly owned subsidiary,
Third Planet Publishing, Inc. entered into a conditional contract
with Alexander Mark Investments (USA), Inc. to sell all right,
title and interest in the VideoTalk [TM] product for $7,002,056
payable by the issuance of common stock, preferred stock and a
promissory note in the amount of $2,000,000. The contract is
conditional on the approval of shareholders of Alexander Mark
Investments (USA), Inc.
ITEM 7. Exhibits
(10) Material Contracts
a) VideoTalk Purchase Agreement
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.
CAMELOT CORPORATION
BY: /s/ Jeanette Fitzgerald
Jeanette Fitzgerald
Date: April 14, 1998 Vice President
