NELX INC
8-K, 1999-08-27
DRILLING OIL & GAS WELLS
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 8-K




                                 CURRENT REPORT



                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934



Date of Report: August 23, 1999


                                   NELX, Inc.
                    ----------------------------------------
             (Exact name of registrant as specified in its charter)



     Kansas                    0-21210                       84-0922335
- ---------------                -----------                   -------------------
(State or other                (Commission                   (IRS Employer
jurisdiction of                File Number)                  Identification No.)
incorporation)


                  5750 West 60th Avenue, Arvada, Colorado 80003
          -----------------------------------------------------------
             (New address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code 304-622-9599
                                                   ------------


<PAGE>



Item 1.           Changes in Control of Registrant

         None.

Item 2.           Acquisition or Disposition of Assets

         None.

Item 3.           Bankruptcy or Receivership

         None.

Item 4.           Changes in Registrants Certifying Accountant

         None.

Item 5.           Other Events

     The Board of  Directors  of Nelx,  Inc.  has  determined  that the proposed
acquisition  of  Applied  Mechanics,  Inc.  is not  feasible  due to  audit  and
evaluation considerations and have canceled the Agreements.

         The Corporation has changed its mailing address to:

                  10525 W. 23rd Place
                  Lakewood, CO 80215

     Denis Iler was  appointed to serve as Secretary  of Nelx,  Inc. Mr.  Iler's
experience and education are as follows:

         Denis R.  Iler,  age 60,  received  a BA in Math  from  San Jose  State
University  in  California,  and a MBA from Regis  University  in 1982. He was a
comptroller  with Berge  Exploration  from 1978 to 1984. Since 1984, he has been
President and principal  accountant  for Business  Financial  Systems,  Inc., an
independent accounting firm, providing tax and accounting services for the small
business  community,  including  oil and  gas,  construction,  and  real  estate
brokerage accounting.

Item 6.           Appointment of New Directors

         None.

                  Resignation and Appointment of Officers

         Denis Iler was appointed Secretary.

Item 7.           Financial Statements Pro Forma Financial & Exhibits

         Financial Statements - None.

Exhibits - None.



<PAGE>


                                   Signatures

  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 thereunto duly authorized.

Date:  August 23, 1999


                                   NELX, Inc.


                                      /s/ Denis Iler
                                   By:------------------------------------------
                                      Denis Iler, Secretary




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