SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
July 12, 1996
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Date of Report (Date of earliest event reported)
CONTROLLED ENVIRONMENT AQUACULTURE
TECHNOLOGY, INC.
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(Exact name of registrant as specified in its charter)
Colorado 0-25868 84-1293167
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(State or other (Commission I.R.S.Employer
jurisdiction File Number) Identification No.)
of incorporation)
4750 Table Mesa Drive, Boulder, CO 80303
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Address of principal executive offices) (Zip Code)
(303) 494-3000
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Registrant's telephone number, including area code
Global Capital Access Corporation
7331 S. Meadow Court, Boulder, CO 80301
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(Former name, former address and former fiscal year, if
changed since last report)
ITEM 1. CHANGES IN CONTROL OF REGISTRANT
(a) On July 12, 1996, The Rally Group, Ltd.,
acquired control of the registrant by purchasing 1,219,500
shares of its issued and outstanding common stock and
2,539,000 of its issued and outstanding Class A Warrants,
for a purchase price of $30,000.00. The 1,219,500 shares
of common stock purchased by The Rally Group, Ltd.,
represent approximately 71.02% of the registrant's issued
and outstanding common stock. The 2,539,000 Class A
Warrants purchased by The Rally Group, Ltd., represent
approximately 92.70% of the registrant's issued and
outstanding Class A Warrants. Simultaneously with the
purchase transaction, all of the issued and outstanding Class
B Warrants of the registrant were cancelled.
The Rally Group, Ltd., purchased the stock and
Class A Warrants representing control from Gary S.
Joiner, Scott B. Olson, Grant W. Peck, Dean F. Sessions,
John H. Stearns and Cumberland Capital Corporation. In
conjunction with the change in control, all existing officers
and directors of the registrant resigned and new officers
and directors were appointed. The new officers and
directors of the registrant are:
NAME POSITION
J. A. Garcia Chairman of the Board, CEO
Charles Spira Director, Secretary
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 hereunto duly
authorized.
CONTROLLED ENVIRONMENT AQUACULTURE
TECHNOLOGY, INC.
/s/ J. A. Garcia, President 7/26/96
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(Signature) (Date)
