UNITED STATES
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: July 7, 2000 Commission File No. 033-19961
SPARTAN OIL CORPORATION
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(Exact name of Registrant as specified in its charter)
Delaware 75-2224650
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
4714 Greenville Ave. Dallas, Texas 75206
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(972) 841-6929
SPARTAN OIL CORPORATION (formerly OLIVER OWEN CORPORATION)
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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 PLAN OF REORGANIZATION AND AGREEMENT OF MERGER (the Plan) was signed on the
2nd day of June, 2000 by the Registrant and HMGT Corporation (HMGT), a private
Delaware corporation, wherein the registrant will acquire 100% of the business,
assets, liabilities, and issued and outstanding stock of HMGT in exchange solely
for common stock of the Registrant in a reorganization.
On July 6, 2000 at the Registrant's Special Shareholder's Meeting, the majority
of the shareholders entitled to vote, either by proxy or in person, voted to
approve (I) a 1 for 6 reverse split of Registrant's common stock, and to approve
(II) the Plan of Reorganization And Agreement of Merger. Registrant will then
issue 7,200,000 shares (reorganization shares) of it's $.001 par value common
stock to the shareholders of HMGT in a timely manner. HMGT is is owned 100% by
Amerand Corproation. HMGT is engaged in the Hospitality/Hotel Industry. The
issuance of the reorganization shares will represent an 81% position of Control.
The Plan provides for the Registrant to change its name from Spartan Oil
Corporation to HomeGate Corporation.
Amerand Corporation is beneficially owned by C. Kieth Wilkerson, II and Gary
Bell.
On July 6, 2000, Sean Gallagher resigned as an officer and director effective
July 7, 2000 and the following were appointed directors at the Special Meeting
of Shareholders:
Gary Bell
Keith Newton
Keith Wilkerson, and
John Hickman.
The following were appointed as officers for the Corporation with terms starting
on July 7, 2000:
Gary W. Bell President
C. Kieth Wilkerson, II Vice President
Kieth Newton Secretary/Treasurer
Gary W. Bell - Graduated from Louisiana Christian University, Sunset, Louisiana
with a BA in Business Administration. He was President and CEO of Nature's
Landscaping, Fort Worth, Texas from 1995 to the present.
C. Kieth Wilkerson, II - Graduated from Faith Baptist College in 1994 with a BA
in Christian Secondary Education. From December 1999 to the present, he has been
President and CEO of The Wilkerson Group, Inc. and Chief Operations Officer for
Amerand Corporation. From 1997 to 1999 he worked in various phases of the
hospitality business for Hampton Inn, Crowne Plaza Hotal, Bristol Hotels and
Resorts and Holtze Magnolia Hotel. Member of the Construction Management Team
who renovated the historic Magnolia Building in downtown Dallas, October 1999.
Member of the Pegasus Project Construction Team who restored the historic
landmark Pegasus atop the Magnolia Building in downtown Dallas, January 1, 2000.
Operational/Technical memeber of the MICROS-FIDELIO Team at the original "OPERA"
Property Management System, Beta Site installation, Crowne Plaza Hotel, November
1998-April 1999.
Kieth Newton - Graduated from McNeese State University with a BS in Business
Administration and Management in 1990. From 1997 to 2000, he was an area manager
for Borders Books where he increased sales by 60%. From 1996 to 1997 he was a
store sales manager for County Seat and from 1995 to 1996 he was a store manager
for Toys- R-Us.
Item 2. Acquisition or Disposition of Assets.
The assets and liabilities of the Registrant and HMGT Corporation as at the
effective time of the Merger and Reorganization, shall be taken up on the books
of the Registrant (Surviving Corporation) at the amounts carried at that time by
each corporation. The assets and liabilities of HMGT Corporation are as follows:
cash in the amount of $100,000.00 US Dollars; the Trademark for "HomeGate Studio
and Suites"; The HomeGate website whose URL is www.HomeGate.com ; the HomeGate
800 Reservation number which is 1- 800-456-GATE; 2 million shares of Ameri-First
Financial Group (AMFR - trading OTC BB) valued at $1,800,000; the balance of a
note payable to Prime Hospitality, Inc. with a face value of $325,000.
Financial statements of HMGT Corporation will be released and filed as soon as
the audit is complete.
SIGNATURES.
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.
SPARTAN OIL CORPORATION
Date: July 7, 2000
BY: /s/ Sean Gallagher
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Sean Gallagher, President