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
August 2, 2000
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Date of report (Date of earliest event reported)
SOUTHWEST CAPITAL CORPORATION
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(Exact name of registrant as specified in its charter)
New Mexico 0-8149 85-0169650
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(State or other jurisdiction of (Commission (I.R.S.Employer
incorporation or organization) File Number) Identification No.)
1650 University Blvd., N.E., Suite 5-100, Albuquerque, New Mexico 87102
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(Address of principal executive offices) (Zip code)
(505) 884-7161
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(Registrant's telephone number, including area code)
Not applicable
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(Former name, former address and former fiscal year,
if changed since last report)
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ITEM 5. Other Events
On August 2, 2000, the Company entered into a Letter of Intent to negotiate a
stock merger with Berthel Fisher & Company, ("Berthel Fisher") a private
financial services holding company which would result in Berthel Fisher becoming
public company.
The Letter of Intent provides for the issuance of additional common and
preferred shares of Southwest Capital, which would result in Berthel controlling
approximately 75% of the voting shares. The proposed transaction is expected to
close by September 30, 2000; however, it remains subject to certain closing
conditions and no assurance can be given that the proposed transaction will be
consummated.
Berthel Fisher offers full service retail brokerage and investment banking
operations concentrated primarily in the Midwest with approximately 140
registered representatives in 85 locations.
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 thereunto duly authorized.
SOUTHWEST CAPITAL CORPORATION
Date: August 10, 2000 /s/ LAURENCE S. ZIPKIN
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Laurence S. Zipkin, President
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