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)      February 15, 1999


                        CAMELOT CORPORATION
(Exact Name of Registrant as Specified in its Charter)
                                        
                                        
                                        
                                        
    Colorado                   0-8299                 84-0691531
   (State of                       (Commission              (IRS Employer
   Incorporation)             File Number)        Identification No.)



     2415      Midway     Suite     224-226     Carrollton,      TX       75006
(Address of Principal Executive Offices)


Registrant's telephone number, including area code:   (972) 733-3005
<PAGE>
Item 8.  Other Events

On  February 15, 1999, the Registrant settled outstanding litigation with  Audio
Visual  Group  dba  AIMS  Media ("AIMS") in order to eliminate  the  expense  of
further  litigation and without admitting any liability by the  transference  of
200,000  restricted common shares of Wincroft, Inc., owned by the Registrant  to
AIMS.

                                   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.


                              CAMELOT CORPORATION


                              BY: /s/ Daniel Wettreich
                                     Daniel Wettreich
Date:  February 16, 1999                       CEO
[{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 1826}]
{"company-data": {"conformed-name": "CAMELOT CORP", "cik": "0000013033", "assigned-sic": "7372", "irs-number": "840691531", "state-of-incorporation": "CO", "fiscal-year-end": "0430"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-08299", "film-number": "99544021"}, "business-address": {"street1": "2415 MIDWAY ROAD STE 121", "city": "CARROLLTON", "state": "TX", "zip": "75006", "phone": "9727333005"}, "mail-address": {"street1": "2415 MIDWAY RD", "street2": "STE 121", "city": "CARROLLTON", "state": "TX", "zip": "75006"}, "former-company": {"former-conformed-name": "BOLYARD OIL & GAS LTD", "date-changed": "19890824"}}
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)      February 15, 1999

                        CAMELOT CORPORATION
(Exact Name of Registrant as Specified in its Charter)
                                        
                                        
                                        
                                        
    Colorado                   0-8299                 84-0691531
   (State of                       (Commission              (IRS Employer
   Incorporation)             File Number)        Identification No.)

     2415      Midway     Suite     224-226     Carrollton,      TX       75006
(Address of Principal Executive Offices)

Registrant's telephone number, including area code:   (972) 733-3005
Item 8.  Other Events

On  February 15, 1999, the Registrant settled outstanding litigation with  Audio
Visual  Group  dba  AIMS  Media ("AIMS") in order to eliminate  the  expense  of
further  litigation and without admitting any liability by the  transference  of
200,000  restricted common shares of Wincroft, Inc., owned by the Registrant  to
AIMS.

                                   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.

                              CAMELOT CORPORATION

                              BY: /s/ Daniel Wettreich
                                     Daniel Wettreich
Date:  February 16, 1999                       CEO