SEAVIEW UNDERWATER RESEARCH INC
8-K, 2000-07-24
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                     U.S. Securities and Exchange Commission
                              Washington, DC 20549

                                    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): July 24, 2000

                       Commission File Number: 33-55254-26

                         SEAVIEW VIDEO TECHNOLOGY, INC.
             (Exact name of registrant as specified in its charter)

             Nevada                     33-55254-26             87-0438640
(State or other jurisdiction of  (Commission  File  Number)   (I.R.S.Employer
incorporation  or organization)                             Identification No.)

            200 Madonna Blvd., Tierra Verde, FL 33715 (727-866-3660)
                   (Registrant's Address and Telephone Number)




<PAGE>
ITEM  1.  CHANGES  IN  CONTROL  OF  REGISTRANT

Not  applicable.

ITEM  2.  ACQUISITION  OR  DISPOSITION  OF  ASSETS

On  July 12, 2000, Registrant acquired a twenty percent (20%) ownership interest
in  Golden  Springs,  LLC,  a  state  of  Florida limited liability company.  In
consideration  for  their  20%  equity  position  in  Golden  Springs,  LLC, the
Registrant  conveyed  150,000  shares of its common stock to Golden Springs, LLC
subject  to  restrictions  under  Rule 144 of the Securities and Exchange Act of
1933,  as  amended.  Golden  Springs, LLC reports total assets of $4.06 million.

ITEM  3.  BANKRUPTCY  OR  RECEIVERSHIP

Not  applicable.

ITEM  4.  CHANGES  IN  REGISTRANT'S  CERTIFYING  ACCOUNTANT

Not  applicable.

ITEM  5.  OTHER  EVENTS

As  discussed  above  in  Item 2, on July 12, 2000, Registrant acquired a twenty
percent  (20%)  ownership  interest  in  Golden Springs, LLC, a state of Florida
limited  liability  company.  In  consideration for their 20% equity position in
Golden  Springs, LLC, the Registrant conveyed 150,000 shares of its common stock
to  Golden Springs, LLC subject to restrictions under Rule 144 of the Securities
and  Exchange  Act  of  1933,  as  amended.

Golden  Springs,  LLC, owns and operates Warm Mineral Springs, Inc., which is an
existing  health  spa  situated  on 99 acres located near North Port in Sarasota
County,  on  Florida's  gulf coast.  Situated on the facility, which has been in
operation  since  1946  as  a health spa, is a mineral-rich, warm water 230 foot
deep  aquifer.  More  than  75,000  people from all over the world visit the spa
each year. Additional information regarding Warm Mineral Springs can be found at
their  web  site,  www.naturalhealthusa.com.

ITEM  6.  RESIGNATION  OF  REGISTRANT'S  DIRECTORS

Not  applicable.

ITEM  7.  FINANCIAL  STATEMENTS  AND  EXHIBITS

None.




<PAGE>
                                   SIGNATURES

     Pursuant  to  the  requirements  of  the  Securities  Exchange Act of 1934,
Registrant  has  duly  caused  this  report  to  be  signed on its behalf by the
undersigned  hereunto  duly  authorized  on  July  24,  2000.


                                  Seaview  Video  Technology,  Inc.



                            By:/s/_____________________________________
                                  Richard L. McBride, President & Director




                            By:/s/_____________________________________
                                  R.J.  Cox,  Secretary,  Treasurer  & Director




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