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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. __)
Lahaina Acquisitions, Inc.
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(Name of Issuer)
Common Stock, no par value per share
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(Title of Class of Securities)
507275105
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(CUSIP Number)
L. Scott Demerau
Eutopean Enterprises, LLC
8465 Swiss Air Road
Gainesville, Georgia 30506
(770) 844-1124
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
8/23/99
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(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 the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on the form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for purpose of Section 18 of the Securities Exchange Act of 1934
("Act") or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the Notes).
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SCHEDULE 13D
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CUSIP No. 507275105 Page 2 of 2 Pages
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1 NAME OR REPORTING PERSON Eutopean Enterprises, LLC
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON I.R.S. Identification Number application in
process
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [ ]
N/A (B) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS 00
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION US
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NUMBER OF 7 SOLE VOTING POWER 1,200,000
SHARES ---------------------------------------------------------------------------------------
BENEFICIALLY
OWNED BY 8 SHARED VOTING POWER 0
EACH ---------------------------------------------------------------------------------------
REPORTING
PERSON WITH 9 SOLE DISPOSITIVE POWER 1,200,000
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10 SHARED DISPOSITIVE POWER 0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,200,000
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.4%
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14 TYPE OF REPORTING PERSON 00 (limited liability company)
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SEC 1746 (9-88) 2 of 7
Item 1. Security and Issuer.
This Report relates to 1,200,000 shares of the common stock, no
par value per share Lahaina Acquisitions, Inc., a Colorado corporation. The
address of the Issuer's principal executive office is 5895 Windward Parkway,
Suite 200, Alpharetta, Georgia 30005.
The principal executive officers of the Issuer are:
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L. Scott Demerau President and Chief Executive Officer
Betty Sullivan Executive Vice President-Administration and Secretary
Colman Hoffman Executive Vice President-Finance and Treasurer
Sherry Sagemiller Assistant Secretary
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Item 2. Identity and Background.
The Reporting Person is a limited liability company.
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(a) Name: Eutopean Enterprises, LLC
(b) Business Address: 8465 Swiss Air Road, Gainesville, Georgia 30506
(c) Principal Business: Real Estate Development and Investment
(d) & (e) Neither the Reporting Person nor any of its members
have, during the past five years (i) been convicted
in a criminal proceeding (excluding traffic
violations or similar misdemeanors) or (ii) been a
party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as
a result of such proceeding was or is subject to a
judgment, decree of final order in joining future
violations of, or prohibiting or mandating activities
subject to federal or state securities laws or
finding any violation with respect to such laws.
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Item 3. Source and Amount of Funds and Other Consideration.
1,200,000 shares of Common Stock were issued to the Reporting
Person in consideration of the Reporting Person's surrender of certificate(s)
evidencing 120,000 shares of Common Stock of The Accent Group, Inc. ("Accent").
Item 4. Purpose of Transaction.
The Reporting Person purchased the securities reported herein
through a negotiated transaction between Accent, of which the Reporting Person
was a shareholder, and the Issuer, by which Accent became a wholly-owned
subsidiary of the Issuer. In connection with the merger, the following persons
were elected to the Board of Directors of the Issuer:
L. Scott Demerau
Betty Sullivan
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Sherry Sagemiller
Bart Siegel
Pursuant to the merger, the former shareholders of Accent have
gained control of the Issuer.
The Reporting Person currently contemplates no material change in
the Issuer's corporate structure.
Item 5. Interest in the Securities of the Issuer.
The Reporting Person has acquired 1,200,000 shares of Common
Stock. As a result of such ownership, the Reporting Person has beneficial
ownership with respect to 7.4% of the outstanding Common Stock of the Issuer.
1,200,000 shares are held with sole voting power and sole dispositive power.
Other than the acquisition reported pursuant to this Report, the Reporting
Person has not engaged in any transactions in any securities of the Issuer. The
Reporting Person is not a member of any group.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.
There are no contracts, arrangements, understandings or
relationships requiring disclosure pursuant to this Item 6.
Item 7. Material to be Filed as Exhibits.
The following documents are filed as exhibits:
(i) Agreement and Plan of Merger, dated July 21, 1999, by
and among Lahaina Acquisitions, Inc. and LAHA No. 1,
Inc., Mongoose Investments, LLC, The Accent Group,
Inc. and Accent Mortgage Services, Inc.1/
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1/ Incorporated by reference to the Issuer's Current Report on Form 8-K dated
August 23, 1999.
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SIGNATURE
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.
9/2/99 Eutopean Enterprises, LLC
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Date
By: /s/ L. Scott Demerau
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L. Scott Demerau
Member
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