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):
                               September 30, 1998


                       YELLOW GOLD OF CRIPPLE CREEK, INC.
              ----------------------------------------------------
             (Exact name of registrant as specified in its charter)



         Colorado                         0-9015                   84-0768695
         --------                         ------                   ----------
(State or other jurisdiction      (Commission File Number)       (IRS Employer 
     of incorporation)                                            I.D. Number)


                           12407 South Memorial Drive
                              Bixby, Oklahoma 74008
                     --------------------------------------
                    (Address of principal executive offices)


Registrant's telephone number, including area code:  (800) 850-0349



                          57 West 200 South, Suite 310
                           Salt Lake City, Utah 84101
          ------------------------------------------------------------
         (Former name and former address, if changed since last report)


<PAGE>



ITEM 2. CHANGES IN CONTROL OF THE REGISTRANT.

     On  September  30, 1998,  the  Registrant  acquired all of the  outstanding
Common Stock and common stock  purchase  warrants of Ion Collider  Technologies,
Ltd. ("ICT"), a Colorado  corporation from the stockholders of ICT pursuant to a
share  exchange  agreement  ("Agreement")  in exchange  for the  issuance by the
Registrant of 34,500,000  shares of its Common Stock and 12,000,000 common stock
purchase  warrants  ("Warrants").  Each Warrant is  exercisable  to purchase one
share of the  Registrant's  Common Stock at $.291666 per share at anytime  until
June 1, 2008.

     ICT is a development stage company formed to commercialize new technologies
for environmental remediation and enhancement of natural resource recovery.

     Prior to consummation of the Agreement, the Registrant had 2,705,500 shares
of Common Stock outstanding.  Upon closing of the Agreement,  after the issuance
of  34,500,000  shares  of  its  Common  Stock,  there  were  37,205,500  shares
outstanding  of  which  the  following  persons  now  own  5%  or  more  of  the
Registrant's Common Stock:

         Name                      Number of Shares              Percentage
         ----                      ----------------              ----------

Universal Environmental
    Technologies, Inc. (1)             24,000,000                   64.5%

David Nemelka, Jr.                      6,300,000                   16.9%

Gary J. McAdam (2)                      3,900,000                   10.5%

(1)  David  Shroff,  the  President  of  the  Registrant,  is the  President  of
     Universal Environmental Technologies, Inc.

(2)  Represents  indirect  ownership  through  Summer Breeze LLC and GJM Trading
     Partners, Ltd., two entities controlled by Mr. McAdam.

     On  September  30,  1998,  the  following  individuals  were elected to the
offices set forth opposite their name:

          Name                                     Office
          ----                                     ------
          David Shroff                            President
          William Rippetoe                        Secretary and Treasurer
          Gary J. McAdam                          Vice President

     On September 30, 1998,  Mr. Shroff was elected a director of the Registrant
and on  October  7, 1998,  William  Rippetoe  and Gary J.  McAdam  were  elected
directors of the Registrant.




<PAGE>


ITEM 2.           ACQUISITION OR DISPOSITION OF ASSETS

                  See Item 1, above

ITEM 7.           FINANCIAL STATEMENTS AND EXHIBITS.

         (a)      (1) The  Registrant  will  provide  the  financial  statements
                  required in connection  with the transaction set forth in Item
                  2 hereof within 60 days from the date hereof.

         (b)      Exhibits:

                  10.01 Agreement Concerning the Exchange of Securities


                                   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 hereunto duly authorized.

                                         YELLOW GOLD OF CRIPPLE CREEK, INC.
                                         (Registrant)

                                         By /s/  David Shroff
                                            ------------------------------------
                                            David Shroff
                                            President

Dated:  October 12, 1998
[{"type": "8-K", "sequence": "1", "description": "FORM 8-K", "secsgml_size_bytes": 5091}]
{"company-data": {"conformed-name": "YELLOW GOLD OF CRIPPLE CREEK INC", "cik": "0000313109", "assigned-sic": "1040", "irs-number": "840768695", "state-of-incorporation": "CO", "fiscal-year-end": "0531"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-09015", "film-number": "98724831"}, "business-address": {"street1": "57 WEST 200 SOUTH", "street2": "STE 310", "city": "SALT LAKE CITY", "state": "UT", "zip": "84101", "phone": "7027377399"}, "mail-address": {"street1": "57 WEST 200 SOUTH", "street2": "STE 310", "city": "SALT LAKE CITY", "state": "UT", "zip": "84101"}}
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):
                               September 30, 1998

                       YELLOW GOLD OF CRIPPLE CREEK, INC.
              ----------------------------------------------------
             (Exact name of registrant as specified in its charter)

         Colorado                         0-9015                   84-0768695
         --------                         ------                   ----------
(State or other jurisdiction      (Commission File Number)       (IRS Employer 
     of incorporation)                                            I.D. Number)

                           12407 South Memorial Drive
                              Bixby, Oklahoma 74008
                     --------------------------------------
                    (Address of principal executive offices)

Registrant's telephone number, including area code:  (800) 850-0349

                          57 West 200 South, Suite 310
                           Salt Lake City, Utah 84101
          ------------------------------------------------------------
         (Former name and former address, if changed since last report)
ITEM 2. CHANGES IN CONTROL OF THE REGISTRANT.

     On  September  30, 1998,  the  Registrant  acquired all of the  outstanding
Common Stock and common stock  purchase  warrants of Ion Collider  Technologies,
Ltd. ("ICT"), a Colorado  corporation from the stockholders of ICT pursuant to a
share  exchange  agreement  ("Agreement")  in exchange  for the  issuance by the
Registrant of 34,500,000  shares of its Common Stock and 12,000,000 common stock
purchase  warrants  ("Warrants").  Each Warrant is  exercisable  to purchase one
share of the  Registrant's  Common Stock at $.291666 per share at anytime  until
June 1, 2008.

     ICT is a development stage company formed to commercialize new technologies
for environmental remediation and enhancement of natural resource recovery.

     Prior to consummation of the Agreement, the Registrant had 2,705,500 shares
of Common Stock outstanding.  Upon closing of the Agreement,  after the issuance
of  34,500,000  shares  of  its  Common  Stock,  there  were  37,205,500  shares
outstanding  of  which  the  following  persons  now  own  5%  or  more  of  the
Registrant's Common Stock:

         Name                      Number of Shares              Percentage
         ----                      ----------------              ----------

Universal Environmental
    Technologies, Inc. (1)             24,000,000                   64.5%

David Nemelka, Jr.                      6,300,000                   16.9%

Gary J. McAdam (2)                      3,900,000                   10.5%

(1)  David  Shroff,  the  President  of  the  Registrant,  is the  President  of
     Universal Environmental Technologies, Inc.

(2)  Represents  indirect  ownership  through  Summer Breeze LLC and GJM Trading
     Partners, Ltd., two entities controlled by Mr. McAdam.

     On  September  30,  1998,  the  following  individuals  were elected to the
offices set forth opposite their name:

          Name                                     Office
          ----                                     ------
          David Shroff                            President
          William Rippetoe                        Secretary and Treasurer
          Gary J. McAdam                          Vice President

     On September 30, 1998,  Mr. Shroff was elected a director of the Registrant
and on  October  7, 1998,  William  Rippetoe  and Gary J.  McAdam  were  elected
directors of the Registrant.
ITEM 2.           ACQUISITION OR DISPOSITION OF ASSETS

                  See Item 1, above

ITEM 7.           FINANCIAL STATEMENTS AND EXHIBITS.

         (a)      (1) The  Registrant  will  provide  the  financial  statements
                  required in connection  with the transaction set forth in Item
                  2 hereof within 60 days from the date hereof.

         (b)      Exhibits:

                  10.01 Agreement Concerning the Exchange of Securities

                                   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 hereunto duly authorized.

                                         YELLOW GOLD OF CRIPPLE CREEK, INC.
                                         (Registrant)

                                         By /s/  David Shroff
                                            ------------------------------------
                                            David Shroff
                                            President

Dated:  October 12, 1998