PROFESSIONAL WRESTLING ALLIANCE CORP
SC 13D/A, 2000-08-25
PATENT OWNERS & LESSORS
Previous: PROFESSIONAL WRESTLING ALLIANCE CORP, 8-K/A, EX-99, 2000-08-25
Next: PROFESSIONAL WRESTLING ALLIANCE CORP, SC 13D/A, EX-10, 2000-08-25




                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                 SCHEDULE 13D/A

                    Under the Securities Exchange Act of 1934


                   PROFESSIONAL WRESTLING ALLIANCE CORPORATION
                                (Name of Issuer)


                         Common Stock, par value $0.001
--------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                   74315V 10 6
--------------------------------------------------------------------------------
                                 (CUSIP Number)


                             BonnieJean C. Tippetts
                          268 West 400 South, Suite 300
                           Salt Lake City, Utah 84101
                                 (801) 575-8073
--------------------------------------------------------------------------------
            (Name, address and telephone number of person authorized
                     to receive notices and communications)


                                  July 27, 2000
--------------------------------------------------------------------------------
             (Date of Event which Requires Filing of This Statement)



If the filing person has previously  filed a statement on Schedule 13G to report
the  acquisition  which is  subject of this  Schedule  13D,  and is filing  this
schedule because of Rule 13d-1(b)(3) or (4), check the following box ( ).

Check the following box if a fee is being paid with the statement (   ).

                                        1


<PAGE>



                                  SCHEDULE 13D

CUSIP No. 74315V 10 6                                          Page 1 of 3 Pages


1)       NAME OF REPORTING PERSONS

         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
         World Alliance Consulting, Inc.
         f/k/a A-Z Professional Consultants, Inc.

2)       CHECK THE APPROPRIATE BOX IF EITHER IS A MEMBER OF A GROUP   (A)  ( x )
                                                                      (B)  (   )

3)       SEC USE ONLY

4)       SOURCE OF FUNDS

         OO

5)       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
         TO ITEMS 2(d) or 2(E). [ ]

6)       CITIZENSHIP OR PLACE OF ORGANIZATION

         World Alliance Consulting, Inc. is a corporation organized under laws
         of the State of Utah.

                           7)       SOLE VOTING POWER

NUMBER OF                                                         25,185,139
SHARES
BENEFICIALLY               8)       SHARED VOTING POWER           -0-
OWNED BY
EACH
REPORTING                  9)       SOLE DISPOSITIVE POWER        25,185,139
PERSON WITH

                           10)      SHARED DISPOSITIVE POWER      -0-


11)      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         25,185,139

12)      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
         SHARES (  )

13)      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
         51.81%

14)      TYPE OF REPORTING PERSON

         OO

                                        1


<PAGE>




                                  SCHEDULE 13D

CUSIP No. 74315V 10 6                                          Page 2 of 3 Pages


1)       NAME OF REPORTING PERSONS

         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
         Allen Wolfson

2)       CHECK THE APPROPRIATE BOX IF EITHER IS A MEMBER OF A GROUP   (A)  ( x )
                                                                      (B)  (   )

3)       SEC USE ONLY

4)       SOURCE OF FUNDS

         OO

5)       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
         TO ITEMS 2(d) or 2(E). [ ]

6)       CITIZENSHIP OR PLACE OF ORGANIZATION

         Allen Wolfson is a resident of the State of Utah.

                           7)       SOLE VOTING POWER                 68,625
NUMBER OF
SHARES
BENEFICIALLY               8)       SHARED VOTING POWER               25,185,139
OWNED BY
EACH
REPORTING                  9)       SOLE DISPOSITIVE POWER            68,625
PERSON WITH

                           10)      SHARED DISPOSITIVE POWER          25,185,139


11)      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         25,253,764

12)      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
         SHARES (  )

13)      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
         51.95%

14)      TYPE OF REPORTING PERSON

         IN

                                                         2


<PAGE>




                                  SCHEDULE 13D

CUSIP No. 74315V 10 6                                          Page 3 of 3 Pages


1)       NAME OF REPORTING PERSONS

         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
         BonnieJean C. Tippetts

2)       CHECK THE APPROPRIATE BOX IF EITHER IS A MEMBER OF A GROUP   (A)  ( x )
                                                                      (B)  (   )

3)       SEC USE ONLY

4)       SOURCE OF FUNDS

         OO

5)       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
         TO ITEMS 2(d) or 2(E). [ ]

6)       CITIZENSHIP OR PLACE OF ORGANIZATION

         Allen Wolfson is a resident of the State of Utah.

                           7)       SOLE VOTING POWER               -0-
NUMBER OF
SHARES
BENEFICIALLY               8)       SHARED VOTING POWER             25,185,139
OWNED BY
EACH
REPORTING                  9)       SOLE DISPOSITIVE POWER          -0-
PERSON WITH

                           10)      SHARED DISPOSITIVE POWER        25,185,139


11)      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         25,185,139

12)      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
         SHARES (  )

13)      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
         51.81%

14)      TYPE OF REPORTING PERSON

         IN

                                        3


<PAGE>



Item 1.  Security and Issuer

This  schedule  relates  to the common  stock,  par value  $0.001 per share,  of
Professional   Wrestling  Alliance  ("Common  Stock").   Professional  Wrestling
Alliance  Corporation,  a  Delaware  corporation,  has its  principal  executive
offices  located at 268 South 400 West,  Suite 300,  Salt Lake City,  Utah 84101
("Issuer").

Item 2.  Identity and Background

(a)  This  statement  is filed by World  Alliance  Consulting,  Inc.,  f/k/a A-Z
     Professional   Consultants,   Inc.   ("World   Alliance"),   Allen  Wolfson
     ("Wolfson"), and BonnieJean C. Tippetts ("Tippetts").

(b)  The principal business address for World Alliance, Wolfson, and Tippetts is
     268 West 400 South, Suite 300, Salt Lake City, Utah 84101.

(c)  World Alliance is a consulting company. Wolfson is the sole shareholder and
     100% owner of World Alliance. Tippetts is the President of World Alliance.

(d)  World Alliance, Wolfson, and Tippetts have not been convicted in a criminal
     proceeding during the last five years.

(e)  During the last five years, World Alliance,  Wolfson,  or Tippetts have not
     been a party to a civil  proceeding that resulted in a judgment,  decree or
     final order  enjoining  future  violations  of, or prohibiting or mandating
     activities  subject  to,  federal or state  securities  laws or finding any
     violation with respect to such laws.

Item 3.  Source and Amount of Funds or Other Consideration

On December 23, 1999,  World  Alliance  purchased 500 shares of Issuer's  Common
Stock for a total price of $805.00.

On December 23, 1999,  World Alliance  received 8,389 shares of Issuer's  Common
Stock in exchange for consulting services rendered to the Issuer.

Pursuant to a Stock Purchase  Agreement  entered into between  Leland  Stringer,
Barry Vichnick,  Allen Nelson, Pamela Nissen, and A-Z Professional  Consultants,
Inc.,  Retirement Trust dated December 27, 1999 ("Agreement") , A-Z Professional
Consultants,  Inc.,  Retirement  Trust  received  25,000,000  shares of Issuer's
Common Stock and $10,000 cash in exchange for rendering  consulting  services to
the Issuer.  A-Z  Professional  Consultants,  Inc.,  Retirement  Trust is a Utah
private  trust and Allen  Wolfson  is the sole  beneficiary  and  BonnieJean  C.
Tippetts is the sole trustee. On January 11,2000, A-Z Professional  Consultants,
Inc., Retirement Trust transferred the 25,000,000 shares it received pursuant to
the  Agreement  to World  Alliance  Consulting,  Inc.,  f/k/a  A-Z  Professional
Consultants, Inc.

On January 6, 2000,  World  Alliance  received  300,000  shares of the  Issuer's
Common Stock in exchange for consulting services rendered to the Issuer.

Between  January 11, 200 and  February  22, 2000,  World  Alliance  sold 183,250
shares of the Issuer's Common Stock in open market  transactions for total gross
proceeds of $231,968.85.

                                        4


<PAGE>



Between  February 7, 2000 and August 18, 2000,  World Alliance  purchased 41,500
shares of the Issuer's Common Stock for a total price of $22,326.59.

On August 2, 2000 World Alliance  received  18,000 shares of the Issuer's Common
Stock  pursuant  to  CyberAmerica  Corporation's  payment of a  dividend  to its
shareholders in shares of Issuer's Common Stock.

On August 2, 2000 Wolfson  received  68,625 shares of the Issuer's  Common Stock
pursuant to CyberAmerica Corporation's payment of a dividend to its shareholders
in shares of Issuer's Common Stock.

Item 4.  Purpose of Transaction

The following  discussion  states the purpose or purposes of the  acquisition of
the  Issuer's  securities  and  describes  any plans or  proposals  resulting in
material transactions with the Issuer:

World  Alliance  received:  25,308,389  shares of the  Issuer's  Common Stock in
consideration of rendering  consulting services to the Issuer; a total of 42,000
shares of the Issuer's Common Stock were purchased in open market  transactions;
and  18,000   shares  of  Issuer's   Common  Stock   pursuant  to   CyberAmerica
Corporation's  payment of a dividend to its  shareholders  in shares of Issuer's
Common Stock. World Alliance sold 183,250 shares of the Issuer's Common Stock in
open market transactions.

Wolfson  received  his 68,625  shares of the Issuer's  Common Stock  pursuant to
CyberAmerica  Corporation's  payment of a dividend to its shareholders in shares
of Issuer's Common Stock.

Item 5.  Interest in Securities of the Issuer

(a) The  aggregate  number  and  percentage  of class of  securities  identified
pursuant  to Item 1  beneficially  owned by each  person  named in Item 2 may be
found in rows 11 and 13 of the cover page.

(b) The powers of the reporting person identified in the preceding paragraph has
relative to the shares discussed herein may be found in rows 7 through 10 of the
cover page.

(c) There were no transactions in the class of securities  reported on that were
effected  during the last sixty days  (starting July 27, 2000 ) aside from those
discussed herein.

(d) No person aside from the  reporting  person  listed  herein has the right to
receive or power to direct the receipt of dividends  from,  or the proceeds from
the sale of, such securities.

(e)  Not Applicable.

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.

There are no current contracts,  arrangements,  understandings, or relationships
with respect to the securities of the issuer that will result in any issuance to
the reporting  individual  except for that: World Alliance  Consulting,  Inc., a
Utah corporation,  is 100% owned by Allen Wolfson. BonnieJean C. Tippetts is the
President of World Alliance Consulting, Inc.



                                        5


<PAGE>



Item 7.  Material to Be Filed as Exhibits.

Stock Purchase  Agreement entered into between Leland Stringer,  Barry Vichnick,
Allen Nelson, Pamela Nissen and A-Z Professional Consultant's Inc. (now known as
World Alliance Consulting,  Inc.) dated December 27, 1999 and attached hereto as
"Exhibit A."

After  reasonable  inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

                                            World Alliance Consulting, Inc.
                                            a Utah corporation

Date:    8/24/00                            By:     /s/  BonnieJean C. Tippetts
      --------------------------------------     ------------------------------
                                                     BonnieJean C. Tippetts

                                            Its: President
                                            Allen Wolfson
                                            an individual

Date:    8/24/00                            By:    /s/ Allen Wolfson
      --------------------------------------     ------------------------------
                                                     Allen Wolfson

                                            BonnieJean C. Tippetts
                                            an individual

Date:    8/24/00                            By:    /s/  BonnieJean C. Tippetts
      --------------------------------------     ------------------------------
                                                     BonnieJean C. Tippetts






Attention:  Intentional  misstatements  or omissions of fact constitute  Federal
criminal violations (See 18 U.S.C. 1061).



                                        6




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission