SECURITIES AND EXCHANGE COMMISSION
                             Washington, D. C. 20549



Current  Report on Form 8-K  Pursuant  to Section 13 or 15(d) of the  Securities
Exchange Act of 1934

Date of Report:   June 24, 1999                         Commission File:  0-9416


                                WCM CAPITAL, INC.
                (Formerly FRANKLIN CONSOLIDATED MINING CO., INC.)

             (Exact Name of Registrant as specified in its charter)


         Delaware                                          13-2879202
(State or other Jurisdiction of                (IRS Employer Identification No.)
Incorporation or Organization)


                   76 Beaver Street, New York, New York 10005

                    (Address of Principal Executive Offices)


Registrants Telephone Number
Including area code:                                              (212) 344-2828





Item 5. - Other Events

     Resignation  of Director:  On May 27, 1999,  Ronald  Ginsberg  resigned his
position as  Director  effective  on that date.  The Board of  Directors  of the
Company accepted the resignation.

Item 7. Financial Statements and Exhibits

        Financial Statements

               None

        Exhibits

               Press Release dated June 21, 1999


                                   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.

                                                 WCM CAPITAL, INC.


                                                  /s/  Robert Waligunda
                                                  ---------------------------
Dated:  June 24, 1999                            Robert Waligunda, President