UNITED STATES
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: June 14, 2000Commission File No. 033-19961
SPARTAN OIL CORPORATION
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(Exact name of Registrant as specified in its charter)
Delaware 75-2224650
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
4714 Greenville Ave.
Dallas, Texas 75206
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(972) 841-6929
SPARTAN OIL CORPORATION (formerly OLIVER OWEN CORPORATION)
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(Former name, former address and former fiscal year, if changed since last
report)
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Item 1. Changes in Control of Registrant.
A PLAN OF REORGANIZATION AND AGREEMENT OF MERGER (the Plan) was signed on the
2nd day of June, 2000 by the Registrant and HMGT Corporation, a Private Delaware
corporation, wherein the registrant will acquire 100% of the business, assets,
liabilities, and issued and outstanding stock of HMGT Corporation in exchange
solely for common stock of the Registrant in a reorganization.
Pending the approval of (I) the Plan and (II) a 6/1 reverse split of
Registrant's common stock, by the Registrant's shareholders (on July 6, 2000 at
the Special Shareholder's Meeting), Registrant will then issue 2,000,000 shares
(reorganization shares) of it's $.001 par value common stock to HMGT Corporation
in a timely manner. HMGT Corporation is engaged in the Hospitality/Hotel
Industry. The issuence of the reorganization shares will represent a 66.7%
position of Control.
Item 2. Acquisition or Disposition of Assets.
The assets and liabilities of the Registrant and HMGT Corporation as at the
effective time of the Merger and Reorganization, shall be taken up on the books
of the Registrant ( Surviving Corporation) at the amounts carried at that time
by each corporation. The assets and liabilities of HMGT Corporation are as
follows: cash in the amount of $100,000.00 US Dollars; the Trademark for
"HomeGate Studio and Suites"; The HomeGate Website whose URL is www.HomeGate.com
; the HomeGate 800 Reservation number which is 1-800-456-GATE; the balance of a
note payable to Prime Hospitality, Inc. with a face value of $325,000.00
Financial statements of HMGT Corporation will be released and filed as soon as
the audit is complete.
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.
SPARTAN OIL CORPORATION
Date: June 14, 2000 BY: /s/ Sean Gallager
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Sean Gallagher, President
