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 (Date of earliest event reported) March 17, 1997
AMERICAN CONSOLIDATED GROWTH CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 0-16447 52-1508578
(State of incorporation) (Commission File Number) (IRS Employer ID number)
8100 East Arapahoe Road, Suite 309, Englewood, CO 80112
(Address of principal executive office) (Zip code)
(303) 220-8686
(Registrant's telephone number, including area code)
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Item 1. Changes in Control of Registrant.
See Item 5 Below.
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.
On March 17, 1997, at a meeting of the Board of
Directors, the Company voted to reject an
offer and to terminate negotiations with
International Nursing Services, (INS - a public company
trading on the NASDAQ Small Cap Market under the symbol
"NURS"), concerning the proposed sale of AMGC's wholly
owned subsidiary, Eleventh Hour, Inc. (EHI).
On March 17, 1997, the Board of Directors
confirmed the appointment of Mr. Louis F. Coppage
as acting Chairman and CEO. Mr. Coppage, 60, has
been AMGC's investment banking advisor since January, 1995
and succeeds Mr. Mickey E. Fouts, who resigned on
June 27, 1996.
Item 6. Resignation of Registrant's Directors.
Not Applicable.
Item 7. Financial Statement, Pro Forma Financial
Information and Exhibits.
Not Applicable
Item 8. Change in Fiscal Year.
Not Applicable
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized
on this 21st day of March, 1997.
Cory J. Coppage
By: s/s ________________________
Cory J. Coppage
Secretary and Director
Dated: March 21, 1997
