SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES ACT OF 1934
Date of report (Date of earliest event reported): November 30, 1995
AMCOR CAPITAL CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 0-17594 33-0329559
(State or other jurisdiction (Commission file (IRS employer
of Corporation) Number) identification no.)
52300 Enterprise Way, Coachella,California 92236
(Address of principal executive office) (Zip code)
Registrant's telephone number, including area code: (619)398-9520
Inapplicable
(Former name and address, if changed since last report)
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Item 2. Acquisition or Disposition of Business
On November 30, 1995, the Company acquired, in a non-monetary transaction,
a 50% interest in P.S. III Farms, LLC, and Oregon limited liability company
(L.L.C.) from an affiliated partnership in exchange for its wine grape vine-
yards located in San Luis Obispo County, California. The wine grape vineyards
were sold by the Company in 1993 to a third party at a bargain price with the
Company receiving a favorable repurchase option. For financial reporting
purposes the event was treated as a financing transaction.
The purchase price of the investment in P.S. III Farms, L.L.C.
consisted of the following:
Net book value of assets transferred $ 1,087,013
Satisfaction of receivable 508,200
Gain on transaction 830,787
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$ 2,426,000
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The purchase price of the interest was equal to 50% of the fair market value
of P.S. III's assets based upon a recent appraisal of its assets.
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Item 7. Financial Statements and Exhibits
(a.) Financial Statements of Business Acquired
As the registrant is currently filing its Form 10-KSB for the
year ended August 31, 1995, it is impractical to file the required
financial statements at this time. They will be completed and
filed by February 10, 1996.
(b.) Pro Forma Financial Information
As the registrant is currently filing its Form 10-KSB for the
year ended August 31, 1995, it is impractical to file the required
pro forma financial information at this time. It will be filed
by February 10, 1996.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Company has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
December 15, 1995
AMCOR CAPITAL CORPORATION
By: /S/ FRED H. BEHRENS
Fred H. Behrens
Chairman and Director