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



                                  July 1, 1999
                                 Date of Report
                        (Date of Earliest Event Reported)


                               AmeriCom USA, Inc.
                    (Exact Name as Specified in its Charter)


       Delaware                   0-023769                  52-2068322
   (State or other               (Commission             (I.R.S. Employer
   jurisdiction of               File Number)           Identification No.)
    incorporation)


                                1303 Grand Avenue
                       Arroyo Grande, California, CA 93420
                    (Address of principal executive offices)


                                  805/542-6700
                          Registrant's telephone number


                       CHATSWORTH ACQUISITION CORPORATION
                               1504 R Street, N.W.
                             Washington, D.C. 20009
                         Former name and former address



<PAGE>2




ITEM 2. Acquisition or Disposition of Assets

On July 1, 1999 AmeriCom USA, Inc.  entered into a merger  agreement and plan of
reorganization  with  Telespace,  Limited,  a Delaware  corporation.  The merger
agreement  provides  for AmeriCom USA to merge into  Telespace,  with  Telespace
being the  surviving  corporation.  Pursuant to the merger  transaction,  at the
Effective  Time,  each share of AmeriCom USA common stock will be exchanged into
one share of Telespace common stock. Immediately following the Effective Time of
the  merger,  stockholders  of AmeriCo  USA will hold  approximately  99% of the
issued and outstanding capital stock of the surviving corporation.  The officers
and  directors of AmeriCom USA at the  Effective  Time of the merger will be the
officers and directors of the surviving corporation.

Telespace,  Limited is a public  corporation  whose  common  stock is  presently
traded  on the  National  Association  of  Securities  Dealers  Over-The-Counter
Bulletin  Board  market  (NASD  OTC-BB).  Upon  completion  of the  merger,  all
outstanding  common stock of the surviving  corporation  will be tradable on the
NASD OTC-BB.

Completion  of the merger is  dependent  upon the  approval of a majority of the
stockholders by number of shares held of each corporation,  and the obtaining of
a Fairness  Order and permit  qualification  for the merger from the  California
Department of Corporations.



Item 7.  Financial Statements and Exhibits


FINANCIAL STATEMENTS

Financial  information and proforma information relating to this proposed merger
will be filed on or before September 13, 1999.


EXHIBITS
2.   Merger Agreement and Plan of Reorganization  between AmeriCom USA, Inc. and
     Telespace, Limited dated July 1, 1999.



<PAGE>3




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.

                                              AMERICOM USA, INC.



                                              By:   /s/ ROBERT M. CEZAR
                                                        ------------------------
                                                        Robert M. Cezar
                                                        Chief Executive Officer

                                              Dated: July 12, 1999
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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

                                  July 1, 1999
                                 Date of Report
                        (Date of Earliest Event Reported)

                               AmeriCom USA, Inc.
                    (Exact Name as Specified in its Charter)

       Delaware                   0-023769                  52-2068322
   (State or other               (Commission             (I.R.S. Employer
   jurisdiction of               File Number)           Identification No.)
    incorporation)

                                1303 Grand Avenue
                       Arroyo Grande, California, CA 93420
                    (Address of principal executive offices)

                                  805/542-6700
                          Registrant's telephone number

                       CHATSWORTH ACQUISITION CORPORATION
                               1504 R Street, N.W.
                             Washington, D.C. 20009
                         Former name and former address
2

ITEM 2. Acquisition or Disposition of Assets

On July 1, 1999 AmeriCom USA, Inc.  entered into a merger  agreement and plan of
reorganization  with  Telespace,  Limited,  a Delaware  corporation.  The merger
agreement  provides  for AmeriCom USA to merge into  Telespace,  with  Telespace
being the  surviving  corporation.  Pursuant to the merger  transaction,  at the
Effective  Time,  each share of AmeriCom USA common stock will be exchanged into
one share of Telespace common stock. Immediately following the Effective Time of
the  merger,  stockholders  of AmeriCo  USA will hold  approximately  99% of the
issued and outstanding capital stock of the surviving corporation.  The officers
and  directors of AmeriCom USA at the  Effective  Time of the merger will be the
officers and directors of the surviving corporation.

Telespace,  Limited is a public  corporation  whose  common  stock is  presently
traded  on the  National  Association  of  Securities  Dealers  Over-The-Counter
Bulletin  Board  market  (NASD  OTC-BB).  Upon  completion  of the  merger,  all
outstanding  common stock of the surviving  corporation  will be tradable on the
NASD OTC-BB.

Completion  of the merger is  dependent  upon the  approval of a majority of the
stockholders by number of shares held of each corporation,  and the obtaining of
a Fairness  Order and permit  qualification  for the merger from the  California
Department of Corporations.

Item 7.  Financial Statements and Exhibits

FINANCIAL STATEMENTS

Financial  information and proforma information relating to this proposed merger
will be filed on or before September 13, 1999.

EXHIBITS
2.   Merger Agreement and Plan of Reorganization  between AmeriCom USA, Inc. and
     Telespace, Limited dated July 1, 1999.
3

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.

                                              AMERICOM USA, INC.

                                              By:   /s/ ROBERT M. CEZAR
                                                        ------------------------
                                                        Robert M. Cezar
                                                        Chief Executive Officer

                                              Dated: July 12, 1999