NELX INC
8-K, 2000-08-18
DRILLING OIL & GAS WELLS
Previous: COVALENT GROUP INC, S-3, EX-23, 2000-08-18
Next: PRICE T ROWE INDEX TRUST INC, N-30D, 2000-08-18



                       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 18, 2000


                                   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)

                 10525 W. 23rd Place, Lakewood, Colorado 80215
           ----------------------------------------------------------
                                    (ADDRESS)

       REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (304) 622-9599




                                       1
<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 REGISTRANT'S CERTIFYING ACCOUNTANT

          None.


ITEM 5.   OTHER EVENTS

          a. The Company has acquired all of the issued and outstanding stock of
     Square Roots, Inc. of Bridgeport, West Virginia in exchange for one million
     shares  of  common  stock  of  NELX,  Inc.  from  Kenneth  L.  Curry,  sole
     shareholder.  Square Roots, Inc. is a sawmill and has been in operation for
     3  years.  It  produces  primarily  dimensional  lumber,  cross  ties,  and
     landscaping timber for wholesalers in the West Virginia area.

          b. The  Company  has  elected  to  change  transfer  agents  effective
     September 1, 2000. The new transfer agent is Mountain Share Transfer, Inc.,
     of 1625 Abilene, Broomfield,  Colorado 80020. The telephone number is (303)
     460-1149.


ITEM 6.   RESIGNATION AND APPOINTMENT OF DIRECTORS


          a. On July 26, 2000 Bruce  Bowler  resigned as an Officer and Director
     of the Company.

          b. On July 26, 2000,  Kenneth L. Curry was  appointed as a Director to
     serve until the next annual meeting of  shareholders.  Mr. Curry's business
     experience is as follows:

          Mr.  Curry  attended  West  Virginia  University  for a year  studying
     forestry. He is a Certified Logger in West Virginia. He is principal in and
     President and Director of Square Roots,  Inc., a logging and lumber company
     in Bridgeport, West Virginia, from inception in May 1997 to present. He was
     a director of NELX, Inc. from October 1997 to January 1999.


                                        2


<PAGE>

ITEM 7.   FINANCIAL STATEMENTS, PRO FORMA FINANCIALS, & EXHIBITS

          None.




                                   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 18, 2000                            NELX, Inc.


                                                  By:/s/Charles L. Stout
                                                  Charles L. Stout, President








                                        3



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