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): August 16, 1999 U.S.A. Growth Inc. (Exact name of Registrant as specified in charter) DELAWARE 000-20277 11-2872782 (State or other (Commission file (I.R.S. Employer jurisdiction of number) Identification incorporation) Number) 1530 BROOKHOLLOW DR., SUITE C, SANTA ANA, CA 92705 (Address of principal executive offices) (zip code) Registrant's telephone number, including area code: (714) 427-0760 Page 1 of 2 Pages ITEM 1. CHANGES IN CONTROL OF REGISTRANT Pursuant to a Share Exchange Agreement, dated as of August 16, 1999 Registrant exchanged 79,950,000 shares of its capital stock for 2,665,000 shares of the common stock of World Shopping Network, Inc. ("WSN"). Following the exchange, Registrant owned the majority of the issued and outstanding shares of WSN and WSN became a subsidiary of Registrant. Following the exchange, the persons identified below owned, in the aggregate, approximately 86% of Registrant's issued and outstanding common stock. - - --------------------- -------------------------------------------------- ------------------------ -------------------- (1) Title of Class (2) Name and Address of Beneficial Owner (3) Amount and nature (4) Percent of class of beneficial ownership - - --------------------- -------------------------------------------------- ------------------------ -------------------- - - --------------------- -------------------------------------------------- ------------------------ -------------------- Common Stock TriStar Diversified Ventures, LLC 54,000,000 58.085% 1601 E. Flamingo Rd., Suite 18 Las Vegas, NV 89119 - - --------------------- -------------------------------------------------- ------------------------ -------------------- - - --------------------- -------------------------------------------------- ------------------------ -------------------- Common Stock John J. Anton, President/Director 15,000,000 16.135% 1530 Brookhollow Drive, Suite C Costa Mesa, CA 92704 - - --------------------- -------------------------------------------------- ------------------------ -------------------- - - --------------------- -------------------------------------------------- ------------------------ -------------------- Common Stock Nick Markulis 10,950,000 11.778% 3685-K South Bear Street Santa Ana, CA 92704 - - --------------------- -------------------------------------------------- ------------------------ -------------------- ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS a. FINANCIAL STATEMENTS OF BUSINESS ACQUIRED None b. PRO FORMA FINANCIAL INFORMATION None 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 thereunto duly authorized. DATED: August 24, 1999 U.S.A. Growth Inc. (Registrant) By: /s/ John J. Anton ------------------------- John J. Anton, President