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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
March 15, 1999
Date of Report
(Date of Earliest Event Reported)
MEDIVEST, INC.
(Exact Name of Registrant as Specified in its Charter)
Utah 1-10077 87-0401761
(State or other (Commission File No.) (IRS Employer I.D. No.)
Jurisdiction)
11011 King Street, Suite 260
Overland Park, Kansas 66210
(Address of Principal Executive Offices)
(913) 469-5615
Registrant's Telephone Number
55 West 200 North, Suite 2
Provo, Utah 84120
(Former Name or Former Address if changed Since Last Report)
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Item 1. Changes in Control of Registrant.
(a) On March 15, 1999, Peterson & Sons Holding Co., a Nebraska
corporation ("Peterson & Sons"), acquired 2,900,000 shares of the Company's
common stock ("restricted securities") from Jeannie Hullinger, the President
and a director of the Company, in consideration of the sum of $19,000. These
shares represented approximately 66% of the outstanding voting securities of
the Registrant. Norman L. Peterson is the President of Peterson & Sons.
The former majority stockholders of the Registrant and their
percentage of ownership of the outstanding voting securities of the
Registrant prior to this purchase were:
Amount and Nature Percent
of Beneficial of
Name Ownership Class
Jeannie Hullinger 3,000,000 68.61%
Box 367
Mona, Utah 84645
Dassity, Inc.(1) 400,000 9.15%
55 West 200 North #2
Provo, Utah 84601
TradeCo Corp.(2) 400,000 9.15%
55 West 200 North #2
Provo, Utah 84601
(1) Owned or controlled by Brenda M. Hall.
(2) Owned or controlled by David N. Nemelka, Jr.
Peterson & Sons used its personal funds to purchase these
securities; and the basis of the "control" by Peterson & Sons is stock
ownership.
(b) The following table contains information regarding
share holdings of the Registrant's directors and executive officers and those
persons or entities who beneficially own more than 5% of the Registrant's
common stock:
Amount and Nature Percent
of Beneficial of
Name Title Ownership Class
Norman L. Peterson* President and Director 2,900,000 66.3%
John R. Dixon Vice President and Director -0- -0-
John C. Garrison Secretary and Director -0- -0-
Karen E. Taylor Assistant Secretary -0- -0-
John L. Hersma Director -0- -0-
Elliot M. Kaplan Director -0- -0-
All officers and directors
as a group (6) 2,900,000 97.6%
* Norman L. Peterson is the President of Peterson & Sons, and
may be deemed to be the beneficial owner of the shares of common stock owned
by it.
Item 6. Resignations of Directors and Executive Officers.
Effective March 23, 1999, Jeannie Hullinger, Kevin Hullinger and
Sheryl Ross resigned as directors and executive officers of the Registrant, in
seriatim, and the persons listed above under Item 1(b) were designated to
serve as directors and executive officers, until their successors are elected
and qualified or their prior resignations or terminations.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the Registrant has duly caused this Report to be signed on its behalf by
the undersigned hereunto duly authorized.
MEDIVEST, INC.
Date: 3/24/99 By/s/ Norman L. Peterson
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Norman L. Peterson
President and Director
Date: 3/24/99 By/s/ John R. Dixon
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John R. Dixon
Vice President and Director
Date: 3/24/99 By/s/ John C. Garrison
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John C. Garrison
Secretary/Treasurer
Date: 3/24/99 By/s/Karen E. Taylor
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Karen E. Taylor
Assistant Secretary
Date: 3/24/99 By/s/John L. Hersma
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John L. Hersma
Director
Date: 3/24/99 By/s/Elliot M. Kaplan
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Elliot M. Kaplan
Director
