SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 8-K
CURRENT REPORT
Annual Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report: June 30, 1998
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SILVERTHORNE PRODUCTION COMPANY
(Exact name of Registrant as specified in its charter)
COLORADO 2-85845-D 84-0189377
(State or other jurisdiction Commission (IRS Employer
of incorporation or organization) File No. Identification No.)
16053 Via Viajera, Rancho Santa Fe, CA 92067 (619) 759-9123
(Current address of principal executive office) (Registrant's telephone No.
with area code)
ITEM 1. CHANGE IN CONTROL OF REGISTRANT.
Change of ownership resulted from David L. Jackson's agreement to
reclassify the subject accounts payable, which included billing for legal and
consulting services rendered, and note payable with interest thereon to Company
stock at the rate of $.0125 instead of $.001 par value, which benefitted Company
by $121,638 capital paid in excess of par resulting from the debt reduction.
David L. Jackson was issued 10,536,720 shares of Company's Common Stock. As a
result of the shares issued to David L. Jackson, plus shares attributable for
spouse and minor daughter, David L. Jackson's beneficially owned shares total
10,887,151 Common stock which is approximately 69.09% of the Company's total
shares issued and outstanding and control of registrant.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
SILVERTHORNE PRODUCTION COMPANY
Dated: June 30, 1998 By: /s/ T.M. Jackson
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T.M. Jackson, Secretary and Director
