Park Street Investments Inc/Adv – ‘SC 13D’ on 10/5/99 re: Maxx International Inc

On:  Tuesday, 10/5/99   ·   Accession #:  1068734-99-40   ·   File #:  5-56931

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General Statement of Beneficial Ownership   —   Schedule 13D
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D      Schedule 13D - Park Street Investments, Inc.           6     26K 

Document Table of Contents

SC 13D
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UNITED STATES   
SECURITIES AND EXCHANGE COMMISSION    
Washington, D.C. 20549    

SCHEDULE 13D    
Under the Securities Exchange Act of 1934     
(Amendment No.   )    

Area Investment and Development Company     
------------------------------------------------------------------------------  
(Name of Issuer)  

Common Stock, par value $0.01   
------------------------------------------------------------------------------  
(Title of Class of Securities)  

039878 20 2 
------------------------------------------------------------------------------  
(CUSIP Number)  

Tammy Gehring, 2133 East 9400 South, Suite 151, Sandy, Utah 84093 
------------------------------------------------------------------------------  
(Name, address and telephone number of person authorized to receive     
notices and communications)   

October 9, 1999   
------------------------------------------------------------------------------  
(Date of Event which Requires Filing of This Statement) 

  If the filing person has previously filed a statement on Schedule 13G to
report the acquisition that is subject of this Schedule 13D, and is filing      
this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g),   
check the following box (    ).                                                 

   Note: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits.  See Section 240.13d-7     
for other parties to whom copies are to be sent.                                

*The remainder of this cover page shall be filled out for a reporting 
person's initial filing on this form with respect to the subject class of       
securities, and for any subsequent amendment containing information which       
would alter disclosure provided in a prior cover page.                          

   The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange   
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of  
the Act but shall be subject to all other provisions of the Act (however, see   
the Notes).                                                                     

Potential persons who are respond to the collection of information    
contained in this form are not required to respond unless the form displays a   
currently valid OMB control number.                                             
                                                           PAGE 1 OF 6

SC 13D
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SCHEDULE 13D
CUSIP No.  039878 20 2                                                          

------------------------------------------------------------------------------  
1)  NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE        
PERSON                                                                  

Ken Kurtz    366-64-7232                                              
------------------------------------------------------------------------------  
2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP           (A)  (  )        
                                                       (B)  (  )

------------------------------------------------------------------------------  
3)  SEC USE ONLY                                                                

------------------------------------------------------------------------------  
4)  SOURCE OF FUNDS                                                             

OO                                                                    
------------------------------------------------------------------------------  
5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS  
2(d) or 2(e).    (    )                                                 

------------------------------------------------------------------------------  
6)  CITIZENSHIP OR PLACE OF ORGANIZATION                                        

United States citizen                                                 
------------------------------------------------------------------------------  
7)  SOLE VOTING POWER         
NUMBER OF                                         3,800,000 shares (42.0%)      
SHARES                   --------------------------------------------------     
BENEFICIALLY             8)  SHARED VOTING POWER                                
OWNED BY                                          1,843 shares (0.02%)          
EACH                     --------------------------------------------------     
REPORTING                9)  SOLE DISPOSITIVE POWER                             
PERSON WITH                                       3,800,000 shares (42.0%)      
                      --------------------------------------------------
10) SHARED DISPOSITIVE POWER  
                                        1,843 shares (0.02%)
------------------------------------------------------------------------------  
11)  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON               

3,801,843 shares (3,800,000 directly owned and 1,843 shares indirectly
owned through Park Street Investments, Inc.)                                    
------------------------------------------------------------------------------  
12)  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ( )  

------------------------------------------------------------------------------  
13)  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                         

42.02%                                                                
------------------------------------------------------------------------------  
14)  TYPE OF REPORTING PERSON                                                   

IN   Individual                                                       
------------------------------------------------------------------------------  

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SCHEDULE 13D
CUSIP No.  039878 20 2                                                          

------------------------------------------------------------------------------  
1)  NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE        
PERSON                                                                  

Park Street Investments, Inc.      87-0517103                         
------------------------------------------------------------------------------  
2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP           (A)  (  )        
                                                       (B)  (  )

------------------------------------------------------------------------------  
3)  SEC USE ONLY                                                                

------------------------------------------------------------------------------  
4)  SOURCE OF FUNDS                                                             

OO                                                                    
------------------------------------------------------------------------------  
5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS  
2(d) or 2(e).    (    )                                                 

------------------------------------------------------------------------------  
6)  CITIZENSHIP OR PLACE OF ORGANIZATION                                        

Park Street Investments, Inc. is organized in the State of Utah       
------------------------------------------------------------------------------  
7)  SOLE VOTING POWER         
NUMBER OF                                         -0- shares (0.0%)             
SHARES                   ----------------------------------------------------   
BENEFICIALLY             8)  SHARED VOTING POWER                                
OWNED BY                                          1,843 shares (0.02%)          
EACH                     ----------------------------------------------------   
REPORTING                9)  SOLE DISPOSITIVE POWER                             
PERSON WITH                                       -0- shares (0.0%)             
                       ---------------------------------------------------
10) SHARED DISPOSITIVE POWER  
                                        1,843 shares (0.02%)
------------------------------------------------------------------------------  
11)  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON               

-0- shares                                                            
------------------------------------------------------------------------------  
12)  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ( )  

------------------------------------------------------------------------------  
13)  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                         

0.0%                                                                  
------------------------------------------------------------------------------  
14)  TYPE OF REPORTING PERSON                                                   

CO   Corporation                                                      
------------------------------------------------------------------------------  

SC 13D
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                                                           PAGE 4 OF 6
Item 1.  Security and Issuer                                                    

This statement relates to common stock, par value $0.01 ("Common Stock"), of    
Area Investment and Development Company, a Utah corporation, with principal     
executive offices at 2133 East 9400 South, Suite 151, Sandy, Utah 84093 (the    
"Issuer" or "Company").                                                         

Item 2.  Identity and Background                                                

(a)  This statement is filed by Ken Kurtz, an individual, and Park Street       
Investments, Inc., a Utah corporation ("Park Street")                 

(b)  The business address for both Ken Kurtz and Park Street is 2133 East       
9400 South, Suite 151, Sandy, Utah 84093.                             

(c)  The principal occupation of Ken Kurtz is a private investor and            
consultant.  Ken Kurtz is also the president and sole shareholder of  
Park Street.  The principal business of Park Street is providing      
financial and business consulting.                                    

(d)  During the last five years, Ken Kurtz and Park Street have not been        
convicted in a criminal proceeding (excluding traffic violations and  
similar misdemeanors).                                                

(e)  During the last five years, Ken Kurtz and Park Street was not party to a   
civil proceeding that resulted in a judgment, decree or final order   
enjoining future violations of, or prohibiting or mandating activities
subject to, federal or state securities laws or finding any violation 
with respect to such laws.                                            

(f)  Ken Kurtz is a U.S. citizen.  Park Street is a Utah corporation.           

Item 3.  Source and Amount of Funds or Other Consideration                      

Effective December 11, 1995 and ratified on October 9, 1996, Park Street        
Investments, Inc. ("Park Street") was issued 110,000 restricted shares, at par  
value of $0.01, pursuant to the Consulting Agreement dated January 5, 1996.     
Effective March 15, 1996 the 110,000 shares owned by Park Street were reverse   
split (ratio: 59.7 to 1) to 1,843 shares.  Note: Ken Kurtz is the sole          
officer, director and shareholder of PSI.                                       

Effective June 15, 1997, Ken Kurtz was issued 2,000,000 restricted shares, at   
par value of $0.01, for consideration of serving as an officer/director of the  
Company and further for services provided to the Company.                       

Effective April 5, 1999, Ken Kurtz was issued 2,000,000 restricted shares, at   
par value of $0.01, for $20,000.00 cash.                                        

On April 16,1999 Ken Kurtz subsequently transferred 200,000 restricted shares   
to an unaffiliated third party for services.                                    

SC 13D
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                                                           PAGE 5 OF 6
Item 4.  Purpose of Transaction                                                 

See "Item 3.  Source and Amount of Funds or Other Consideration" above.  At     
this time, Mr. Kurtz has no intention of acquiring additional shares of the     
Issuer reported herein, although he reserves the right to make additional       
purchases from time to time.  Any decision to make such additional purchases    
will depend, however, on various factors, including, without limitation, the    
price of the common stock, stock market conditions and the business prospects   
of the Company reported herein.  Mr. Kurtz has no present intention or          
arrangements or understandings to effect any of the transactions listed in      
Item 4(a)-(j) of Schedule 13D.                                                  

Item 5.  Interest in Securities of the Issuer                                   

(a)  The aggregate number and percentage of class of securities identified      
  pursuant to Item 1 beneficially owned by each person named in Item 2 may
be found in rows 11 and 13 of the cover pages.                        

(b)  The powers each person identified in the preceding paragraph has           
relative to the shares discussed herein may be found in rows 7 through
10 of the cover page.                                                 

(c)  There were no transactions in the class of securities reported on that     
were effected during the last sixty days aside from those discussed   
herein.                                                               

(d)  No person aside from the reporting persons listed herein has the right     
to receive or power to direct the receipt of dividends from, or the   
proceeds from the sale of, such securities.                           

(e)  Not Applicable.                                                            

Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect  
to Securities of the Issuer.                                                    

Financial Consulting Agreement dated June 15, 1997 by and between Park Street   
Investments, Inc. and Area Investment and Development Company, incorporated     
herein by reference from the Issuer's initial registration statement on Form    
10-SB originally filed on August 9, 1999.                                       

Ken Kurtz does not have any other contracts, arrangements, understandings or    
relationships (legal or otherwise) with any person with respect to any          
securities of the Issuer, finder's fees, joint ventures, loan or option         
agreements, puts and calls, guarantees of profits, division of profits or       
loss, or the giving or withholding of proxies.                                  

Item 7.  Material to Be Filed as Exhibits.                                      

Financial Consulting Agreement dated June 15, 1997 by and between Park Street   
Investments, Inc. and Area Investment and Development Company, incorporated     
herein by reference from the Issuer's initial registration statement on Form    
10-SB originally filed on August 9, 1999.                                       

SC 13D
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                                                           PAGE 6 OF 6
After reasonable inquiry and to the best of my knowledge and belief, I certify  
that the information set forth in this statement is true, complete and          
correct.                                                                        

Ken Kurtz                               Park Street Investments, Inc.           

/s/ Ken Kurtz                           /s/ Ken Kurtz                         
--------------------------------        --------------------------------        
Ken Kurtz, an individual                Ken Kurtz, President                    

Dated: October 1, 1999                  Dated: October 1, 1999                  

Attention: Intentional misstatements or omissions of fact constitute Federal    
criminal violations (See 18 U. S.C. 1061).                                      

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘SC 13D’ Filing		Date		First		Last			Other Filings
		10/9/99		1
Filed on:		10/5/99							SC 13D
		10/1/99		6
		8/9/99		5					10SB12G
		4/5/99		4
		6/15/97		4		5
		10/9/96		4
		3/15/96		4
		1/5/96		4
		12/11/95		4
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