ARGENT CAPITAL CORP
SC 13D, 1999-03-19
ASSET-BACKED SECURITIES
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<PAGE>   1
                                UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549



                                 SCHEDULE 13D
                                      
                  UNDER THE SECURITIES EXCHANGE ACT OF 1934
                             (AMENDMENT NO.    )*

                           Argent Capital Corporation
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                                  Common Stock
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                 0399 211 01000
- --------------------------------------------------------------------------------
                                 (CUSIP Number)

      C.A. Miller, 101 Main Street, 3rd Floor, Huntington Beach, CA 92648
- --------------------------------------------------------------------------------
                 (Name, Address and Telephone Number of Person
               Authorized to Receive Notices and Communications)

                                October 30, 1998
- --------------------------------------------------------------------------------
           (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
[ ].

         Check the following box if a fee is being paid with the statement [ ].

         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 this 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 the 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).
<PAGE>   2
                                SCHEDULE 13D


CUSIP No.  039921101000                        Page     2    of           Pages
         ---------------------                       --------    -------- 

  (1)     Names of Reporting Persons                 
          I.R.S. Identification Nos. of Above Persons (Entities Only)

          Christopher A. Millar
          President and Director, Argent Capital Corporation
          ---------------------------------------------------------------------

  (2)     Check the Appropriate Box if a Member of a Group*         (a)   [   ]
                                                                    (b)   [   ]
          N/A
          ---------------------------------------------------------------------
 
  (3)     SEC Use Only

          ---------------------------------------------------------------------

  (4)     SOURCE OF FUNDS*

          PF
          ---------------------------------------------------------------------

  (5)     CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
          IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

          N/A
          ---------------------------------------------------------------------

  (6)     Citizenship or Place of Organization                      

          New Zealand (citizenship)
          ---------------------------------------------------------------------

                       (7)     Sole Voting Power                    
  Number of                    1,590,395
   Shares              --------------------------------------------------------
 Beneficially          (8)     Shared Voting Power                  
  Owned by                     0
    Each               --------------------------------------------------------
  Reporting            (9)     Sole Dispositive Power               
 Person With                   1,590,395
                       --------------------------------------------------------
                       (10)    Shared Dispositive Power            
                               0
                       --------------------------------------------------------

 (11)     Aggregate Amount Beneficially Owned by Each Reporting Person     
          1,590,395
          ---------------------------------------------------------------------

 (12)     Check Box if Aggregate Amount in Row (11) Excludes Certain
          Shares*                                                         [  ]

          ---------------------------------------------------------------------

 (13)     Percent of Class Represented by Amount in Row (11)           
          40.5%
          ---------------------------------------------------------------------

 (14)     Type of Reporting Person*

          IN
          ---------------------------------------------------------------------
                    *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>   3
                                  SCHEDULE 13D

                             Christopher A. Millar

Item 1.  SECURITY AND ISSUER

         This filing relates to the common stock of Argent Capital Corporation, 
         a Nevada corporation whose principal offices are located at 101 Main 
         Street, Huntington Beach, CA 92648. Tel. (714) 374-1263.

Item 2.  IDENTITY AND BACKGROUND

         This Statement is being filed by Christopher A. Millar, President and 
         a Director of the issuer. Mr. Millar is a citizen of New Zealand and 
         his business address is 101 Main Street, 3rd Floor, Huntington Beach, 
         CA 92648. Mr. Millar has not, during the past five years, been 
         convicted in a criminal proceeding or been a party to any civil 
         proceeding as a result of which the issuer or any other person was or 
         is subject to 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 violations with 
         respect to such laws.

Item 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

         The shares and warrants reported herein, other than 8284 shares 
         purchased in open market transactions, were purchased from the issuer 
         by the reporting person using his personal funds and by way of 
         cancellation of certain indebtedness of the issuer to the reporting 
         person, including compensation otherwise payable to the reporting 
         person by the issuer, as set forth in Item 5, below.

Item 4.  PURPOSE OF TRANSACTIONS

         The securities have been acquired for investment purposes, and not 
         with a view to acquiring control of the issuer. Mr. Millar may 
         consider additional acquisitions of securities of the issuer from time 
         to time, either in open market transactions or directly from the 
         issuer or other holders, if offered by the issuer or such other 
         holders. Mr. Millar has no plans which relate to or would result in an 
         extraordinary corporate transaction of the issuer, such as an 
         amalgamation, merger, merger, reorganization or liquidation involving 
         the issuer or any of its subsidiaries. However, in his capacity as 
         President and as a Director of the issuer, Mr. Millar's responsibility 
         includes the development of ongoing business plans which may include


<PAGE>   4


            the issuance of additional shares to officers or employees of the
            issuer as performance incentives and/or to increase the
            capitalization of the issuer. Further, Mr. Millar's responsibility
            includes the development of business plans which may include the
            issuance of additional equity securities of the issuer to
            unaffiliated parties, in connection with various arms' length
            business transactions which the issuer may enter into with such
            parties.

Item 5.     INTEREST IN SECURITIES OF THE ISSUER

            The securities beneficially owned by Mr. Millar were acquired in a
            series of transactions commencing in October, 1998. On or about
            October 15, 1998, Mr. Millar acquired 8284 shares of the issuer
            through open market purchases at an average price of $1.54 per
            share. On October 30, 1998, Mr. Millar purchase 140,000 investment
            units directly from the issuer, each unit comprised of one share of
            common stock and one common stock purchase warrant, at a price of
            $.25 per unit. The warrants are exercisable at a price of $.25 per
            share of common stock purchased.

            On November 15, 1998, Mr. Millar purchased 183,911 shares from the
            issuer at a price of $.01 per share, pursuant to his employment
            agreement with the issuer. As of February 15, 1999, Mr. Millar
            agreed to accept 559,000 additional shares of common stock of the
            issuer and an equal number of common stock purchase warrants
            (collectively, "Units"), in lieu of (i) past compensation due to Mr.
            Millar from the issuer, and (ii) reimbursement of expenses that had
            been advanced on behalf of the issuer by Mr. Millar. The number of
            Units to be issued is based upon a price of $.25 per unit and
            $139,750 in compensation and reimbursement of expenses due to Mr.
            Millar.

Item 6.     CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
            RESPECT TO SECURITIES OF THE ISSUER.

            Mr. Millar has no contract, arrangement, understanding or
            relationship with any other person with respect to securities of the
            issuer, including, without limitation, agreements to transfer such
            securities or any other reportable arrangement or action.

Item 7.     MATERIAL TO BE FILED AS EXHIBITS

            None
<PAGE>   5
SIGNATURE

After reasonable inquiry and to the best of his knowledge and belief, the 
undersigned certifies that the information set forth in this Statement is true, 
correct and complete.

                                        /s/ CHRISTOPHER A. MILLAR
                                        --------------------------------
                                            Christopher A. Millar


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