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: April 17, 2003 --------------------------------- (Date of earliest event reported) NAPOLI ENTERPRISES, INC. (A Colorado Corporation) ------------------------ (Exact name of registrant as specified in its chapter) Colorado 7389 912015608 -------- ---- --------- (State or other (Primary Standard (IRS Employer jurisdiction of Classification Code Identification No.) incorporation) Number) 566 - 1027 Davie Street, Vancouver, British Columbia Canada V6E 4L2 ------------------------------------------------------------------- (Address of principal executive offices, including zip code) Telephone: 213-304-1936 ----------------------- (Registrant's telephone number, including area code) Item 1. Changes in Control of Registrant. - ----------------------------------------- On March 5, 2003, a stock purchase agreement was entered into between Cor Equity Management, Inc., and Lion Gri, S.R.L. Under the agreement, Cor Equity Management, Inc., sold 5,368,586 shares of the registrant's capital stock, representing a controlling interest in registrant, to Lion Gri, S.R.L. However, the closing documents were held in escrow and no closing was to take place until there was a complete exchange of all closing documents and shares. Said complete exchange of all closing documents and shares occurred on April 15, 2003 as Lion Gri, S.R.L. received the shares on said date and, therefore, the transaction was completed. The prior board of directors resigned, and Greg Sonic was appointed Chair of the board of directors and elected to the positions of President, Secretary and Treasurer, which became effective April 15, 2003. The company intends on holding a meeting of the shareholders to approve: (1) a name change from Napoli Enterprises, Inc. into Lion Gri Corporation, (2) a stock split and (3)approval for an employee stock ownership plan. 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 thereonto duly authorized. /s/ Greg Sonic April 17, 2003 - --------------------- -------------- Greg Sonic Date President and Chair of the Board