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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
July 9, 1998
Date of Report
(Date of earliest event reported)
WALL STREET FINANCIAL CORPORATION
Exact name of Small Business Issuer as specified in its charter)
Delaware 0-17117 99-0240826
(State of Commission File No. (I.R.S. employer
incorporation) identification No.)
1088 Bishop Street, Suite 202, Honolulu, HI, USA 96813
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (808) 526-3999
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Item 1. Changes in Control of Registrant
Not applicable
Item 2. Acquisition or Disposition of Assets
Not Applicable
Item 3. Bankruptcy or Receivership
Not Applicable
Item 4. Changes in Registrant's Certifying Accountant
Not Applicable
Item 5. Other Events
1. The Company held a meeting of securities holders on July 9, 1998, in
Honolulu, Hawaii at which time the following actions were approved:
a. Election of six (6) directors to serve until the 1999 Annual Meeting
of Stockholders or until their successors shall have been duly elected and
qualified.
b. To increase the authorized capital stock of the Company from
25,000,000 (twenty-five million) to 100,000,000 (one hundred million) common
shares.
c. To change the name of the Company to "WSF Corporation". To further
retain the name "Wall Street Financial Corporation" as an assumed business name
("dba") of the renamed WSF Corporation.
d. To ratify the selection of Mark C. Hulse, Chartered Accountant,
member firm of Summit International Associates (New York), as the Company's
independent auditor for the fiscal year ending December 31, 1998.
2. The current officers and directors of the Company are as follows:
BOARD OF DIRECTORS
Gerhart W. Walch Director, Chairman of the Board, Member
Executive Committee
Roy S. Adaniya, M.D. Director, Chairman of the Compensation
Committee, Member Executive Committee
Antoine Y. Gedeon Director, Subsidiary President
Gordon E. Rapozo Director, Chairman of the Audit
Committee, Member Executive Committee
Nigel Miguel Director
Michael Singh Director
OFFICERS
Gerhart W. Walch President and Chief Executive Officer
Antoine Y. Gedeon Subsidiary President
Janice Milliken Subsidiary Vice-President
Gail Kitaji, Ph.D. Treasurer
Richard G. MacMillan, Esq. Corp. Secretary
Robertha Magnus-Usher Corp. Secretary of Belize based
Operations
3. Compradore, an affiliate of WSF Corporation, filed a law suit in July 1997
in Hawaii State Court against Raymond Ho, etal. for breach of contract and
other causes of action related to the assets of a former Hong Kong Company
which Ho and the others had sold.
Item 6. Resignations of Registrant's Directors
None
Item 7. Financial Statements and Exhibits
None
SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the Registrant
has duly caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
WSF Corporation
By /s/ Gerhart W. Walch
Gerhart W. Walch
Chairman of the Board
