DIGITAL TECHNOLOGIES MEDIA GROUP INC
N-54A, 2000-06-20
CRUDE PETROLEUM & NATURAL GAS
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                       ----------------------------------

                                   FORM N-54A

           NOTIFICATION OF ELECTION TO BE SUBJECT TO SECTIONS 55 THROUGH
             65 OF THE INVESTMENT COMPANY ACT OF 1940 FILED PURSUANT
                 TO SECTION 54(a) OF THE INVESTMENT COMPANY ACT

         The  undersigned  business  development  company  hereby  notifies  the
Securities and Exchange Commission that it elects, pursuant to the provisions of
Section 54(a) of the Investment Company Act of 1940, as amended (the "Investment
Company Act"), to be subject to the provisions of Sections 55 through 65 of the
Investment  Company Act and, in connection  with such  notification of election,
submits the following information:

                  NAME: CENTRAL CAPITAL VENTURE CORPORATION
                           (FKA DIGITAL TECHNOLOGIES MEDIA GROUP, INC.)
             ------------------------------------------------------------------

       ADDRESS OF PRINCIPAL BUSINESS OFFICE (NO. & STREET, CITY, STATE,
       ZIP CODE): 2660 TOWNSGATE ROAD, SUITE 725, WESTLAKE VILLAGE, CA 91361
       ------------------------------------------------------------------------

       TELEPHONE NUMBER (INCLUDING AREA CODE): (805) 496-2186
       ------------------------------------------------------------------------

       NAME AND ADDRESS OF AGENT FOR SERVICE OF PROCESS: LEWIS I. WILLIAMS 4TH,
                                                         ----------------------
       PRESIDENT, CENTRAL CAPITAL VENTURE CORPORATION, 2660 TOWNSGATE ROAD,
       ------------------------------------------------------------------------
       SUITE 725, WESTLAKE VILLAGE, CA  91361
       ------------------------------------------------------------------------

|X| The  Company  has  filed a  registration  statement  for a class  of  equity
securities  pursuant to Section 12 of the  Securities  Exchange Act of 1934,  as
amended.  Give the file  number of the  registration  statement  or, if the file
number  is  unknown  or has not yet been  assigned,  give the date on which  the
registration statement was filed:
                                                        0-9311
      ------------------------------------------------------------------------


         The file number of the  registration as an investment  company pursuant
to Section 8(a) of the Investment Company Act, if any, of the Company:
                                 Not Applicable
         -----------------------------------------------------------------------

         The file number of the  registration as an investment  company pursuant
to Section 8(a) of the Investment  Company Act, if any, of any subsidiary of the
Company:
                                 Not Applicable
        -----------------------------------------------------------------------

         The  undersigned  company  certifies  that it is a  closed-end  company
organized  under the laws of Nevada and with its principal  place of business in
California;  that it will be operated for the purpose of making  investments  in
securities  described in Sections 55(a)(1) through (3) of the Investment Company
Act; and that it will make  available  significant  managerial  assistance  with
respect to issuers of such  securities to the extent  required by the Investment
Company Act.

<PAGE>

                                   SIGNATURES

         Pursuant to the requirements of the Investment  Company Act of 1940, as
amended,  the undersigned has caused this Notification of Election to be Subject
to Sections 55 through 65 of the Investment  Company Act of 1940 to be signed on
its  behalf  by the  undersigned,  thereunto  duly  authorized,  in the  City of
Westlake Village, State of California, this 19th day of June, 2000.


                                  Central Capital Venture Corporation


                          By /s/ Lewis I. Williams 4th
                          ------------------------------------------
                              Lewis I. Williams 4th
                              President and Chief Executive Officer




ATTEST:



   /s/ David A. Kekich
  ------------------------------------------
David A. Kekich, Secretary






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