UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities and Exchange Act of 1934
AUTOCORP EQUITIES, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
052764206
(Cusip Number)
Stanley F. Wilson
2980 E. Northern Ave Suite B1
Phoenix, Arizona 85028
(602) 482-5737
(Name, Address and Telephone Number of
Authorized Person to Receive Notices)
July 23, 1997
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement of Schedule 13G to report
the acquisition which is the subject of this schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed with
the commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
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(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
"filed" for the purpose of Section 18 of the Securities and Exchange Act of 1934
("Act") or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the Notes.)
<PAGE>
SCHEDULE 13D
CUSIP NO. 052764206
1. NAME OF REPORTING PERSON:
Efrain R. Diaz - ###-##-####
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS - PF
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e)
[ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION - United States
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7. SOLE VOTING POWER - 14.75
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8. SHARED VOTING POWER
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9. SOLE DISPOSITIVE POWER - 14.75
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10. SHARED DISPOSITIVE POWER
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
735,500 SHARES OF COMMON STOCK
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.75
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14. TYPE OF REPORTING PERSON - IN
<PAGE>
Item 1. Security and Issuer
The class of security that this statement relates to is Common Stock of the
Issuer AutoCorp Equities, Inc. (OTC BB:ACOR), 2980 E. Northern Ave Suite B1,
Phoenix, Arizona 85028. The names and addresses of the principal executive
officers are as follows:
William O. Merritt, CEO, Chairman
3514 E. Via Estrella
Phoenix, Arizona 85028
Stanley F. Wilson, President
6711 E. Camelback Road Unit 17
Scottsdale, Arizona 85251
Vincent W. Bustillo, Secretary/Treasurer
2302 E. Gondola Lane
Gilbert, AZ 85234
Item 2. Identity and Background
Efrain R. Diaz
b. 6119 E. Carnation Circle, Phoenix, AZ 85018
c. President, Lenders Liquidation Centers, Inc.
d. none
e. none
f. U.S.
Item 3. Source and Amount of Funds or Other Consideration
The securities were acquired in an exchange of shares whereby shares in Consumer
Investment Corporation, Consumer Insurance Services, Inc. and Lenders
Liquidation Centers, Inc. were exchanged for the shares of the Issuer.
Item 4. Purpose of Transaction
The purpose of the transaction by which the reporting person acquired the shares
of the Issuer was to exchange shares so as to accomplish the acquisition by the
Issuer of 100% of the issued and outstanding shares of commons tock of Consumer
Investment Corporation, Consumer Insurance Services, Inc. and Lenders
Liquidation Centers, Inc.
Item 5. Interest in Securities of the Issuer
a. Efrain R. Diaz, 735,500, common stock, 15%
b. Efrain R. Diaz
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer
None
Item 7. Material to Be Filed as Exhibits
None
<PAGE>
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and accurate.
August 4, 1997 /s/ Efrain R. Diaz
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Date Signature
Efrain R. Diaz
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Name/Title
The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative (other than an executive
officer or general partner of this filing person), evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for the purpose which
is already on file with the Commission may be incorporated be reference. The
name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
Attention: Intentional misstatements or omissions of fact constitute Federal
criminal violations (See 18 U.S.C. 1001).