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):
                                 April 15, 2002

                            WORLDWIDE PETROMOLY, INC.
             (Exact name of registrant as specified in its charter)

                       Commission File Number: 000-30805

         Colorado                                                     84-1125214
(State or other jurisdiction of                                 (I.R.S. Employer
 incorporation or organization)                              Identification No.)



12600 Deerfield Parkway
Suite 100
Alpharetta, Georgia                                                        30004
(Address of principal executive offices)                              (Zip Code)


                                 (678) 762-3285
              (Registrant's telephone number, including area code)


                _________________________________________________
          (Former name or former address, if changed since last report)

<PAGE>

ITEM 5.  OTHER EVENTS

     On April 4,  2002,  the  Company's  board of  directors  appointed  Eric J.
Froistad to the board of directors.  The appointment  brings the total number of
directors  to  seven.  Mr.  Froistad  has over  twenty  years of  experience  in
financial,  accounting  and treasury  management  with  industry  experience  in
healthcare, media/communications and real estate.

     In addition, the Company filed a preliminary information statement with the
Securities and Exchange  Commission related to a number of shareholder  actions.
The Company  intends to conduct a special meeting of shareholders on May 3, 2002
to approve the proposed actions.  At the special meeting,  the shareholders will
be asked to approve a change in the Company's  corporate  domicile from Colorado
to Nevada,  which will have the  effect of a change in the  Company's  name from
Worldwide  Petromoly,  Inc. to Small Town Radio, Inc., an 18-for-1 reverse stock
split and the  removal of Robing Vale as a  director.  The Company has  received
indications of approval from shareholders holding more than 60% of the Company's
voting power that those  shareholders will vote in favor of all of the proposals
listed above.

     For a complete description of the Company's proposed actions to be taken at
the special  shareholders  meeting,  interested  parties are urged to review the
Company's  preliminary  information  statement  filed  with the  Securities  and
Exchange Commission and available at www.sec.gov.  The Company has also attached
a press release as Exhibit 99.1 to this Form 8-K regarding the proposed action.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

(a)  Financial Statements of Business Acquired.

     N/A

(b)  Pro Forma Financial Information.

     N/A

(c)  Exhibits

99.1 Press release dated April 10, 2002










                            (Signatures on Next Page)
<PAGE>

                                   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 thereunto duly authorized.


                                      WORLDWIDE PETROMOLY, INC.

Date:  April 15, 2002                 By:      /s/ Daniel W. Hollis
                                               --------------------
                                               Daniel W. Hollis
                                               Chairman of the Board and
                                               Chief Executive  Officer
                                               (Principal Executive Officer)

<PAGE>

Worldwide  PetroMoly Files Information  Statement,  Names New Board Member; Name
Change to `Small Town Radio,' Reverse Split Set for May

4/11/2002 7:53:00 AM

ALPHARETTA,  Ga.,  Apr 11, 2002  (BUSINESS  WIRE) --  Worldwide  PetroMoly  Inc.
(OTCBB:  MOLY) today filed an  information  statement  for a special  meeting of
shareholders to approve a number of changes designed to increase the share value
of the Company and simplify its management process.

Management  already has indications from its key  shareholders  that all matters
under consideration will be approved.  Further, it announced that it had added a
new member to its Board of Directors with extensive  experience in the broadcast
industry.


Among the matters to be  considered  at the special  meeting are a change of the
Company's name to Small Town Radio,  Inc.  "While we have been doing business as
Small Town Radio for almost a year now, we need to  formalize  the change with a
share vote," explained Dan Hollis,  Chairman of the Company. Other matters to be
considered  at the  special  meeting  include  an 18 for 1 reverse  split of the
common stock of the Company.  As a result of the reverse stock split, the number
of  shares  of  the  Company's   outstanding  common  stock  would  decrease  to
approximately 9.5 million, from approximately 172 million. Any fractional shares
which result from the reverse split will be rounded up to the next whole number.


Further,  to facilitate a simpler management process the Company will change its
state of  incorporation  from  Colorado to Nevada.  Mr. Hollis  commented,  "The
Company will benefit from the corporate  governance changes that are provided by
the change in state of incorporation,  making our growth strategy much easier to
implement." The Company's  transfer agent,  upon tender of the existing physical
shares,  either by the direct owner or its holder, if in street name, will issue
new physical shares in the name of Small Town Radio, Inc. on a one for one basis
after giving effect to the 18 for 1 reverse stock split.


The final matter to be considered at the special  meeting of shareholders is the
removal of Robert S. "Robin" Vail as a director of the Company.


The company also  announced  that it has taken steps to further expand the depth
management team with the addition of a Board member with  significant  broadcast
industry experience. The Board of Directors is pleased to announce that Mr. Eric
J. Froistad was elected to the Board.  Said Mr. Hollis,  "Eric brings background
to the Company  that will help us execute our core  business  plan.  While VP of
Finance at New World  Communications,  he played key roles both in financing the
company,  and working  through  over $1 billion of mergers and  acquisitions  of
television  properties.  New  World,  which  was  subsequently  merged  into Fox
Television   (FOX)  ,  providing  a  substantial   return  on   investment   for
shareholders.  We are  pleased  that he has  chosen to join us as we begin  this
phase of our development."


Worldwide  PetroMoly,  Inc.'s business  strategy is to acquire radio stations in
its target  markets,  generally  exurban and rural markets.  The Company intends
initially to acquire radio  stations in its target  markets in the  Southeastern
United States, ultimately building a geographically contiguous coverage area for
both its broadcast  signals and advertising  sales force.  The Company  believes
that a network  of  stations  in  contiguous  broadcast  areas with two or three
common  programming  formats will provide an  advertising  and listener  base of
significant  size.  Information  on the  Company can be found on its web site at
www.smalltownradioinc.com.


This news release contains  "forward-looking  statements"  within the meaning of
Section 27A of the  Securities Act of 1933 and Section 21E of the Securities Act
of 1934.  Words such as "intends",  "expects",  "anticipates",  "estimates"  and
similar expressions are intended to identify  forward-looking  statements.  Such
statements  are  subject  to risks and  uncertainties  that could  cause  actual
results to differ materially from those projected. Although the company believes
that  the  expectations   reflected  in  such  forward-looking   statements  are
reasonable,  it can give no assurance that such expectations will prove correct.
There are a number of  important  factors  that could  cause  actual  results to
differ materially from those expressed in any forward-looking  statement made by
us. These factors  include the inability of the Company to obtain  financing for
the  acquisition of radio  stations;  the  reliability  and  availability of new
technology  in the radio  station  industry;  financial,  operational  and other
business problems  associated with the acquisition of a number of radio stations
in a short period of time; general and  industry-specific  economic  conditions.
The  company  has no  obligation  to  update  or  revise  these  forward-looking
statements to reflect the occurrence of future events or circumstances.
[{"type": "8-K", "sequence": "1", "filename": "wwpi8k04-02.txt", "description": "CURRENT REPORT", "secsgml_size_bytes": 9055}]
{"company-data": {"conformed-name": "WORLDWIDE PETROMOLY INC", "cik": "0000928375", "assigned-sic": "5160", "irs-number": "841125214", "state-of-incorporation": "CO", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-72163", "film-number": "02610544"}, "business-address": {"street1": "12600 DEERFIELD PARKWAY STE 100", "city": "ALPARETETA", "state": "GA", "zip": "77056", "phone": "7138925823"}, "mail-address": {"street1": "12600 DEERIFELD PARKWAY STE 100", "city": "ALPHARETTA", "state": "GA", "zip": "77056"}, "former-company": {"former-conformed-name": "OGDEN MCDONALD & CO", "date-changed": "19940812"}}
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):
                                 April 15, 2002

                            WORLDWIDE PETROMOLY, INC.
             (Exact name of registrant as specified in its charter)

                       Commission File Number: 000-30805

         Colorado                                                     84-1125214
(State or other jurisdiction of                                 (I.R.S. Employer
 incorporation or organization)                              Identification No.)

12600 Deerfield Parkway
Suite 100
Alpharetta, Georgia                                                        30004
(Address of principal executive offices)                              (Zip Code)

                                 (678) 762-3285
              (Registrant's telephone number, including area code)

                _________________________________________________
          (Former name or former address, if changed since last report)
ITEM 5.  OTHER EVENTS

     On April 4,  2002,  the  Company's  board of  directors  appointed  Eric J.
Froistad to the board of directors.  The appointment  brings the total number of
directors  to  seven.  Mr.  Froistad  has over  twenty  years of  experience  in
financial,  accounting  and treasury  management  with  industry  experience  in
healthcare, media/communications and real estate.

     In addition, the Company filed a preliminary information statement with the
Securities and Exchange  Commission related to a number of shareholder  actions.
The Company  intends to conduct a special meeting of shareholders on May 3, 2002
to approve the proposed actions.  At the special meeting,  the shareholders will
be asked to approve a change in the Company's  corporate  domicile from Colorado
to Nevada,  which will have the  effect of a change in the  Company's  name from
Worldwide  Petromoly,  Inc. to Small Town Radio, Inc., an 18-for-1 reverse stock
split and the  removal of Robing Vale as a  director.  The Company has  received
indications of approval from shareholders holding more than 60% of the Company's
voting power that those  shareholders will vote in favor of all of the proposals
listed above.

     For a complete description of the Company's proposed actions to be taken at
the special  shareholders  meeting,  interested  parties are urged to review the
Company's  preliminary  information  statement  filed  with the  Securities  and
Exchange Commission and available at www.sec.gov.  The Company has also attached
a press release as Exhibit 99.1 to this Form 8-K regarding the proposed action.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

(a)  Financial Statements of Business Acquired.

     N/A

(b)  Pro Forma Financial Information.

     N/A

(c)  Exhibits

99.1 Press release dated April 10, 2002

                            (Signatures on Next Page)
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 thereunto duly authorized.

                                      WORLDWIDE PETROMOLY, INC.

Date:  April 15, 2002                 By:      /s/ Daniel W. Hollis
                                               --------------------
                                               Daniel W. Hollis
                                               Chairman of the Board and
                                               Chief Executive  Officer
                                               (Principal Executive Officer)
Worldwide  PetroMoly Files Information  Statement,  Names New Board Member; Name
Change to `Small Town Radio,' Reverse Split Set for May

4/11/2002 7:53:00 AM

ALPHARETTA,  Ga.,  Apr 11, 2002  (BUSINESS  WIRE) --  Worldwide  PetroMoly  Inc.
(OTCBB:  MOLY) today filed an  information  statement  for a special  meeting of
shareholders to approve a number of changes designed to increase the share value
of the Company and simplify its management process.

Management  already has indications from its key  shareholders  that all matters
under consideration will be approved.  Further, it announced that it had added a
new member to its Board of Directors with extensive  experience in the broadcast
industry.

Among the matters to be  considered  at the special  meeting are a change of the
Company's name to Small Town Radio,  Inc.  "While we have been doing business as
Small Town Radio for almost a year now, we need to  formalize  the change with a
share vote," explained Dan Hollis,  Chairman of the Company. Other matters to be
considered  at the  special  meeting  include  an 18 for 1 reverse  split of the
common stock of the Company.  As a result of the reverse stock split, the number
of  shares  of  the  Company's   outstanding  common  stock  would  decrease  to
approximately 9.5 million, from approximately 172 million. Any fractional shares
which result from the reverse split will be rounded up to the next whole number.

Further,  to facilitate a simpler management process the Company will change its
state of  incorporation  from  Colorado to Nevada.  Mr. Hollis  commented,  "The
Company will benefit from the corporate  governance changes that are provided by
the change in state of incorporation,  making our growth strategy much easier to
implement." The Company's  transfer agent,  upon tender of the existing physical
shares,  either by the direct owner or its holder, if in street name, will issue
new physical shares in the name of Small Town Radio, Inc. on a one for one basis
after giving effect to the 18 for 1 reverse stock split.

The final matter to be considered at the special  meeting of shareholders is the
removal of Robert S. "Robin" Vail as a director of the Company.

The company also  announced  that it has taken steps to further expand the depth
management team with the addition of a Board member with  significant  broadcast
industry experience. The Board of Directors is pleased to announce that Mr. Eric
J. Froistad was elected to the Board.  Said Mr. Hollis,  "Eric brings background
to the Company  that will help us execute our core  business  plan.  While VP of
Finance at New World  Communications,  he played key roles both in financing the
company,  and working  through  over $1 billion of mergers and  acquisitions  of
television  properties.  New  World,  which  was  subsequently  merged  into Fox
Television   (FOX)  ,  providing  a  substantial   return  on   investment   for
shareholders.  We are  pleased  that he has  chosen to join us as we begin  this
phase of our development."

Worldwide  PetroMoly,  Inc.'s business  strategy is to acquire radio stations in
its target  markets,  generally  exurban and rural markets.  The Company intends
initially to acquire radio  stations in its target  markets in the  Southeastern
United States, ultimately building a geographically contiguous coverage area for
both its broadcast  signals and advertising  sales force.  The Company  believes
that a network  of  stations  in  contiguous  broadcast  areas with two or three
common  programming  formats will provide an  advertising  and listener  base of
significant  size.  Information  on the  Company can be found on its web site at
www.smalltownradioinc.com.

This news release contains  "forward-looking  statements"  within the meaning of
Section 27A of the  Securities Act of 1933 and Section 21E of the Securities Act
of 1934.  Words such as "intends",  "expects",  "anticipates",  "estimates"  and
similar expressions are intended to identify  forward-looking  statements.  Such
statements  are  subject  to risks and  uncertainties  that could  cause  actual
results to differ materially from those projected. Although the company believes
that  the  expectations   reflected  in  such  forward-looking   statements  are
reasonable,  it can give no assurance that such expectations will prove correct.
There are a number of  important  factors  that could  cause  actual  results to
differ materially from those expressed in any forward-looking  statement made by
us. These factors  include the inability of the Company to obtain  financing for
the  acquisition of radio  stations;  the  reliability  and  availability of new
technology  in the radio  station  industry;  financial,  operational  and other
business problems  associated with the acquisition of a number of radio stations
in a short period of time; general and  industry-specific  economic  conditions.
The  company  has no  obligation  to  update  or  revise  these  forward-looking
statements to reflect the occurrence of future events or circumstances.