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) June 18, 1999 ------------- SEPTIMA ENTERPRISES, INC. (Exact name of registrant as specified in its charter) ------------------------------------------------------ Colorado 33-25126-D 85-0368333 -------- ---------- ---------- (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number Identification No.) 600 Central Ave. SW, 3rd Floor, Albuquerque, New Mexico 87102 ------------------------------------------------------------------ (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code (505) 244-0088 -------------- N/A --------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Exhibit Index on Page 3 1 Item 1. Changes in Control of Registrant --------------------------------------------- In an agreement Dated October 22, 1998 Cottonbloom Inc. in exchange for $1.00 sold 4,916,876 shares of Septima Enterprises Inc. Common Stock to Richard A. Urrea. Cottonbloom Inc. originally controlled 5,216,876 and retained 300,000 shares of the Common Stock of Septima Enterprises Inc. In this transaction Mr. Urrea represented a group of individuals to whom the shares were distributed. Below is a table of all owners who hold more than five percent of registrant's common stock. (a) Security ownership of Certain Beneficial Owners Richard A. Urrea 600 Alcalde SE #4D, ABQ NM 87104 1,166,876 13% Common Matthew Urrea 2213 Matthew NW, ABQ, NM 87104 1,000,000 11% Common Daniel Urrea 3009 Charleston NE, ABQ, NM 87110 1,000,000 11% Common Francisco Urrea Jr. 3009 Charleston NE, ABQ NM 87110 750,000 8% Common (b) Security ownership of Management Richard A. Urrea 600 Alcalde SE #4D, ABQ NM 87104 1,166,876 13% Common /c/ Changes in Control There are no known arrangements, the operations of which may at a subsequent date result in a change of control of the registrant. 2 Item 1. Exhibit (c) Exhibit Exhibit Number Exhibit Page -------------------------------------- ---- 16.1 Agreement between Richard A. Urrea and 4 Cottonbloom Inc. SIGNATURE 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. SEPTIMA ENTERPRISES, INC. Date: June 18, 1999 By: /s/ Richard A. Urrea ------------------------------------- Richard A. Urrea, President and CEO 3