SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 12 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): October 8, 1996
WILD WINGS, INC.
(Exact Name of Registrant as Specified in its Charter)
NEVADA 33-89714 84-1120614
(State or Other (Commission (Employer
Jurisdiction) File Number) Identification
Number)
897 South Artistic Circle, Springville, Utah 84663
(Address of Principal Executive Offices)
Registrant's Telephone Number, Including Area Code: (801) 491-4066
Page 1 of 2 consecutively numbered pages.
ITEM 1. CHANGES IN CONTROL OF REGISTRANT
Wild Wings, Inc. (The "Company") entered into a Stock Purchase
Agreement with Komatsu Investments Limited pursuant to which the Company
sold Komatsu Investments Limited 12,000,000 shares of its common stock
for a cash payment of $40,000. The transaction was closed on October 8,
1996. As a result of the transaction, Komatsu Investments Limited now
holds 12,000,000 shares or approximately 93% of the 12,860,000 shares of
the Company's common stock which are issued and outstanding following the
transaction. The shares were acquired with Komatsu Investments Limited
corporate funds.
Concurrently with the closing of the transaction described above,
David N. Nemelka resigned from his respective positions as director and
President of the Company and the following persons were appointed to the
positions set forth opposite their name below:
Brenda M. Hall President, Secretary/Treasurer and Director
Puai Wichman Director
The Stock Purchase Agreement and the election of new officers and
directors of the Company as described above were approved by the board of
Directors without a meeting signed by directors of the company and
stockholders holding a majority of the issued and outstanding shares of
the Company's common stock as allowed per the Nevada revised corporate
statutes.
As a result of the transaction, the former officers and directors
of the Company are no longer affiliates of the Company and the shares of
the Company's common stock held by such persons may be eligible for sale
under the provisions of Rule 144(k). As of March 28, 1996, such persons
owned a total of 513,850 shares of the Company's common stock as reported
in the Company's 1996 Form 10-K report. The sale of shares by such
persons could have a depressive effect on any market for the Company's
common stock that may develop in the future.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Registrant has duly caused this Report to be signed on
its behalf by the undersigned thereunto duly authorized on the 30th day
of October, 1996.
Wild Wings, Inc.
By /s/ Brenda M. Hall, President
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