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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Act of 1934
Date of Report (Date of earliest event reported) October 15, 1996
COSTA RICA INTERNATIONAL, INC.
formerly known as QUANTUM LEARNING SYSTEMS, INC.
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(Exact Name of Registrant as specified in its charter)
Nevada 0-18222 87-0432572
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(State or other (Commission (IRS Employer
jurisdiction File Number) Identification
of incorpor- No.)
ation)
Suite 301, 2525 S.W. 3rd Ave.
Miami, Florida 33129
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(Address of principal executive offices, zip code)
(305) 365-5820
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(Registrant's telephone number, including area code)
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Act of 1934
Item 1. CHANGES IN CONTROL OF REGISTRANT.
Not Applicable
Item 2. ACQUISITION OR DISPOSITION OF ASSETS.
See Item 5 below
Item 3. BANKRUPTCY OR RECEIVERSHIP.
Not Applicable
Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
Not Applicable
Item 5. OTHER EVENTS
As of September 30, 1996, the Registrant closed the transaction with
Corporacion Pipasa ("Pipasa") and has authorized the issuance of the initial
shares in the transaction. As a result, approximately 15,573,571 shares have
been issued in exchange for shares of Pipasa. Approximately 19,626,063 common
shares will thereby be issued and outstanding. The remaining shares for the
acquisition of Pipasa are expected to be acquired within the next twelve months.
As a part of this transaction and at the same time as the initial
shares of Pipasa were exchanged for the shares of the Registrant, the Registrant
disposed of all present subsidiaries and assets of the Registrant by
transferring these subsidiaries and assets to InterCoast Financial, Inc., a
shareholder of the Registrant and a company controlled by Mr. James K. Isenhour,
the Registrant's current Director, in exchange for 50,000 common shares of the
Registrant which will be cancelled, plus an indemnification from Mr. Isenhour
and InterCoast Financial, Inc. to indemnify and hold the Registrant harmless
against any and all actions or liabilities resulting from the Registrant's past
ownership of these subsidiaries and assets.
The Registrant's main line of business, through Pipasa, is now the
production and marketing of poultry products.
Item 6. RESIGNATION OF REGISTRANT'S DIRECTORS.
Not Applicable
Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.
Not Applicable
Item 8. CHANGE IN FISCAL YEAR.
Not Applicable
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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.
COSTA RICA INTERNATIONAL, INC.
By: /s/ Calixto Chaves Zamora
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Calixto Chaves Zamora
Chairman
Dated: October 15, 1996
