SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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) June 15, 1996
EQUITY AU, INC.
(Exact Name of Registrant as Specified in its Charter
Delaware
(State or Other Jurisdiction of Incorporation)
33-20582 75-2276137
Commission File Number (IRS Employer Ident. No.)
119 Gold Lane, Mena, Arkansas 71953
(Address of Principal Executive Offices) (Zip Code)
(407) 647-3952
(Registrant's Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
<PAGE>
Item 1. Changes in Control of Registrant.
On June 15, 1996, the Registrant is reporting a significant
change in its management and ownership of its class A common voting
stock.
James Arch, Chairman of the Board, has accepted the
resignations of board members William Hanlon, Roger Tichenor, and
also the resignation of Stephen Guarino as a director and from all
officer positions he has held with the Registrant.
At the same time Mr. Arch has entered into an agreement with
Mr. Guarino to purchase all of Mr. Guarino's class A common voting
shares of the Registrant.
Separately, Mr. Arch has also reached an agreement with
resigning director Roger Tichenor to purchase all of the shares
owned by Mr. Tichenor, and by his affiliate, Phoenix Capital.
Also, on June 15, Mr. Charles Jones has been appointed as
President of the Registrant. The position of Secretary remains
unfilled at this time.
The following tables represent the approximate ownership of
the Registrant's class B common stock, which holds the right to
elect a majority of the Registrant's directors, and its class A
voting common shares on October 6, 1995:
<TABLE>
<CAPTION>
CLASS B - COMMON STOCK
Title of Name and address Amount of shares % of class
of owner owned
<S> <C> <C> <C>
Common Calistro and Peters 100,000 100.0
James Arch, Manager
P.O. Box 940037
Maitland, FL 32794
Common All Officers and Directors 100,000 100.0
as a Group
</TABLE>
<TABLE>
<CAPTION>
CLASS A - COMMON STOCK
Title of: Name and address Amount of shares % of class
of owner owned 1/ 3/4
<S> <C> <C> <C>
Common Bruce R. Beckman 100,010 0.1
Director
16574 Glenwood
Stillwell KS 66085
Common Charles Jones 333,000 0.3
President
P.O. Box 1201
Lake Dallas, TX 75065
Common Calistro and Peters 6,603,700 /2 6.6
James Arch, Manager
P.O. Box 940037
Maitland, FL 32794
Common James Arch 34,718,054 /2 34.7
Director and Chairman of Board
P.O. Box 940037
Maitland, FL 32794
Common Arch Family Ltd. Partnership 811,429 /2 .8
P.O. Box 940037
Maitland, FL 32794
Common James Arch Trust dtd. 7/31/91 547,507 /2 .5
P.O. Box 940037
Maitland, FL 32794
Common All Officers, Directors 43,113,700 43.1
and Affiliates as a Group
</TABLE>
1/ Giving effect to a 2 for 3 reverse split of the shares of
the Company authorized by the Board of Directors on February 14,
1989.
2/ Entities either owned or controlled by Mr. Arch.
3/ According to a report from the Registrant's transfer
agent, there are now approximately 99,900,000 class A common shares
issued and outstanding as of the date of this report.
4/ Percentage ownership is approximate to the nearest one-tenth of one
percent.
EXHIBITS
None
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
Equity AU, Inc.
(Registrant)
Date: July 16,1996 By: James Arch
James Arch, Chairman
