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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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): May 28, 1999
QUINTESSENCE OIL COMPANY
(Exact name of registrant as specified in its charter)
Wyoming 0-21811 83-0317306
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.
incorporation)
2932 Thorne Drive, Elkhart, Indiana 46514
(Address of principal executive offices) (Zip Code)
Registrant?s telephone number including area code: (219) 264-2628.
4424 Skylane Avenue, Riverton, Wyoming 82501
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
(a) Pursuant to a Plan and Agreement of Reorganization (the "Agreement")
by and between Quintessence Oil Company (the "Registrant") and Michel Attias,
the sole shareholder of IPSL, Inc. ("IPSL") dated as of May 21, 1999, the
Registrant issued to Mr. Attias 1,500,000 shares of its common Stock, par value
$0.00001 (the "Common Stock") in exchange for 1,000 shares of IPSL, which shares
represent all of the issued and outstanding shares of capital stock of IPSL. The
consummation of such purchase and sale occurred on May 28, 1999, after the Board
of directors of the Registrant approved the transactions contemplated by the
Agreement. Accordingly, IPSL is a wholly-owned subsidiary of the Registrant.
With the completion of the IPSL acquisition, the Registrant now
owns all of the rights, patents, tooling, designs and has the production
facilities to produce the revolutionary Torque V-12 Engine. The engine, designed
for the pleasure boating industry, is a 14-liter, 90-degree, sequentially fuel
injected, advanced V-12, engineered to run on pump gasoline. The initial Torque
V-12 model to be released, is an all aluminum, light weight, and powerful V-12
which delivers over 900 horsepower and 1100 foot pounds of torque in its marine
configuration.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
2.1 Plan and Agreement of Reorganization between
Quintessence Oil Company and Michel Attias dated
May 21, 1999.
99.1 Press Release dated June 1, 1999.
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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.
QUINTESSENCE OIL COMPANY
a Wyoming corporation
Date: June 10, 1999 By: /s/ Raymond Wedel
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Name: Raymond Wedel
Title: President, Secretary and Treasurer
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