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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): June 9, 2000
TESMARK, INC.
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(Exact name of registrant as specified in charter)
Nevada 000-30448 88-0441332
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(State or other jurisdiction (Commission (IRS employer
of incorporation) file number) identification no.)
2921 N. Tenaya Way, Suite 216, Las Vegas, NV 89128
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(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code: (702) 947-4877
TESMARK, INC.
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(Former name or former address, if changed since last report)
- 1 -
ITEM 1. CHANGE IN CONTROL
On June 9, 2000, pursuant to a negotiated stock purchase agreement between and
among the parties, Floyd Robertson, President of Tesmark, Inc., sold and
transferred to two individuals and one corporate purchaser a total of 4,101,000
shares of the Company's common stock.
The following table sets forth the holdings of each individual or group known to
the Company to be the beneficial owner of more than ten percent (10%) of the
Company's common stock, both before and after the transaction that is the
subject of this Current Report.
Ownership Prior to Sale Ownership Following Sale
Class of Beneficial ----------------------- --------------------------
Stock Owner # Shares % of Class # of Shares % of Class
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Common Gopal Sahota 0 0 1,367,000 16.1
11349 90th Ave.
Delta, B.C.
Canada V4C3H3
Common Harmajit Sangha 0 0 1,367,000 16.1
122234 75th Ave.
Surrey, B.C.
Canada V3W3H3
Common JBF Management, Inc.(1) 0 0 1,367,000 16.1
1412 Augusta Pl.
Coquitlam, B.C.
Canada V4C3H3
Common Floyd Robertson 4,101,000 48.2 300 0.0
(Officer & Director)
2921 N. Tenaya Way
Suite 216
Las Vegas, NV 89128
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(1) JBF Management, Inc. is a British Columbia corporation. Joanne Fletcher is
President and owner of 100% of the outstanding equity stock of JBF Management,
Inc.
The purchase price for the shares was $0.0305 per share, paid to the seller from
the personal funds of each respective purchaser. No bank loans were involved in
the transaction.
- 2 -
The current officers and directors of the Company will continue to serve in
those capacities until the next annual meeting of shareholders, which has not
been scheduled, or until a special meeting of shareholders is convened. As of
the date of this Current Report, no shareholder has called for a special
meeting.
-3-
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.
Tesmark, Inc.
/s/ Floyd Robertson
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Floyd Robertson, President
July 5, 2000