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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON DC 20549
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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 18, 1999
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SEPTIMA ENTERPRISES, INC.
(Exact name of registrant as specified in its charter)
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Colorado 33-25126-D 85-0368333
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number Identification No.)
600 Central Ave. SW, 3rd Floor, Albuquerque, New Mexico 87102
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (505) 244-0088
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N/A
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(Former Name or Former Address, if Changed Since Last Report)
Exhibit Index on Page 3
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Item 1. Changes in Control of Registrant
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In an agreement Dated October 22, 1998 Cottonbloom Inc. in exchange for
$1.00 sold 4,916,876 shares of Septima Enterprises Inc. Common Stock to Richard
A. Urrea. Cottonbloom Inc. originally controlled 5,216,876 and retained 300,000
shares of the Common Stock of Septima Enterprises Inc. In this transaction Mr.
Urrea represented a group of individuals to whom the shares were distributed.
Below is a table of all owners who hold more than five percent of registrant's
common stock.
<TABLE>
<CAPTION>
(a) Security ownership of Certain Beneficial Owners
<S> <C> <C> <C> <C>
Richard A. Urrea 600 Alcalde SE #4D, ABQ NM 87104 1,166,876 13% Common
Matthew Urrea 2213 Matthew NW, ABQ, NM 87104 1,000,000 11% Common
Daniel Urrea 3009 Charleston NE, ABQ, NM 87110 1,000,000 11% Common
Francisco Urrea Jr. 3009 Charleston NE, ABQ NM 87110 750,000 8% Common
(b) Security ownership of Management
Richard A. Urrea 600 Alcalde SE #4D, ABQ NM 87104 1,166,876 13% Common
</TABLE>
/c/ Changes in Control
There are no known arrangements, the operations of which may at a
subsequent date result in a change of control of the registrant.
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Item 1. Exhibit
(c) Exhibit
Exhibit Number Exhibit Page
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16.1 Agreement between Richard A. Urrea and 4
Cottonbloom Inc.
SIGNATURE
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.
SEPTIMA ENTERPRISES, INC.
Date: June 18, 1999 By: /s/ Richard A. Urrea
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Richard A. Urrea, President and CEO
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EXHIBIT 16.1
[LETTERHEAD OF RICHARD A. URREA APPEARS HERE]
22 October 1998
Cottonbloom Inc.
6229 Northland NE
Albuquerque, NM 87110
Dear George:
This letter is to confirm our agreement as of September 22, 1998.
In exchange for $1.00 and other good and valuable consideration, the
sufficiency of which is hereby acknowledged, Cottonbloom will transfer to
Richard A. Urrea 4,916,876 Shares of common stock of Septima Enterprise Inc.
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which shares represent all Shares held by Cottonbloom, held in the name of
Cottonbloom, or held on behalf of Cottonbloom by third parties, less Three
Hundred Thousand Shares (300,000) which will be retained by Cottonbloom to
participate in the next venture that Septima Enterprises enters into. This
agreement supersedes and voids all previous agreements between the parties.
Total shares Held by Cottonbloom 5,216,876
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Less 300,000 shares
Shares to be released and or transferred to R.A.U. 4,916,876
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Agreed: Richard A. Urrea /s/ RICHARD A. URREA
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George Hensley /s/ GEORGE HENSLEY
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