SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 8-K
Pursuant to Section 13 or 15 (d) of
The Securities and Exchange Commission Act of 1934
Date of Report Commission File Number
August 7, 1997 0-15216
AUTOCORP EQUITIES, INC.
(Formerly Chariot Entertainment, Inc.)
NEVADA 87-0522501
(State of Incorporation) (IRS Employer ID#)
2980 E. Northern Ave Suite B1 85028
Phoenix, Arizona (Zip Code)
(Address of principal office)
(602) 482-5737
(Registrants telephone number including area code)
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Item 5. Other Events
On July 23, 1997, the Company completed the acquisition of 100% of the
issued and outstanding shares of common stock of Consumer Investment
Corporation; Consumer Insurance Services, Inc. and Lenders Liquidation Centers,
Inc. (the "CIC Companies") in an exchange of shares whereby the Company issued
735,500 shares of R-144 common stock respectively to each of five shareholders
of the CIC Companies. The Company also issued 303,500 shares to Stanley F.
Wilson, President of the Company bringing his total number of shares to an
amount equal to the shareholders of the CIC Companies.
On July 23, 1997, the Company executed a Mutual Rescission of its May 16,
1997 Stock Purchase Agreements with Northstar Partners, Ltd and EEE Holdings,
Inc. for the reason that the shares of Economy Engine Exchange, Inc. and Fleet
International, Inc. were never transferred or delivered pursuant to said
agreements and the transaction was never completed.
Signature
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.
Dated August 7, 1997 AUTOCORP EQUITIES, INC.
/s/ Stanley F. Wilson
Stanley F. Wilson
President
