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 of 1934
Date of Report: November 25, 1996
Desert Springs Acquisition Corp.
formerly Bartel Financial Group, Inc.
(Exact name of Registrant as specified in its charter)
Commission File Number: 33-12029-D
Colorado 84-1043258
(Jurisdiction of Incorporation) (I.R.S. Employer Identification No.)
5160 South Valley View, Suite 106, Las Vegas NV 89118
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (702) 739-6552
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Item 1. Change of Control of Registrant
None.
Item 2. Acquisition or Disposition of Assets
None.
Item 3. Bankruptcy or Receivership
None.
Item 4. Changes in Registrant's Certifying Accountant
None.
Item 5. Other Events
On July 11, 1995, as previously reported pursuant to authority granted by
shareholders at the Special Shareholders Meeting of October 28, 1994, the Board
of Directors had resolved as follows: The Officers were empowered and directed
to grant to Glenneyre Capital Corporation and option to acquire 200,000,000
shares of new investment common stock at $0.0001/share or $20,000.00, and
further that the proceeds thereof shall be placed into an Attorney Escrow to be
drawn upon for expenses of the reorganization of the Issuer.
Since that time, that Option has expired unexercised, and has not been
renewed. As a result, that option is of no further force or effect.
Item 6. Changes of Registrant's Directors
None
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, this
Form 8-K Report has been signed below by the following person on behalf of the
Registrant and in the capacity and on the date indicated.
November 25, 1996
Desert Springs Acquisition Corp.
A COLORADO CORPORATION
by
/s/ William Stocker
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William Stocker
GENERAL COUNSEL
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