1




                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549


                                    FORM 8-K

                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


                                  June 8, 1999
- --------------------------------------------------------------------------------
                Date of report (Date of earliest event reported)



                      NEVADA MANHATTAN GROUP, INCORPORATED
- --------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in Its Charter)

                                     NEVADA
- --------------------------------------------------------------------------------
                 (State or Other Jurisdiction of Incorporation)


               0-25117                              88-0219765
- --------------------------------------------------------------------------------
       (Commission File Number)           (IRS Employer Identification No.)

      15260 VENTURA BLVD., SUITE 1200, SHERMAN OAKS, CA           91403
- --------------------------------------------------------------------------------
          (Address of Principal Executive Offices)              (Zip Code)

                                 (818) 728-9728
- --------------------------------------------------------------------------------
                (Issuer's Telephone Number, Including Area Code)

                       TERRA NATURAL RESOURCES CORPORATION
- --------------------------------------------------------------------------------
                   (Former Name, if Changed Since Last Report)




    2


Item 5.        Other Events.

NEVADA MANHATTAN REPORTS CHANGES TO THE BOARD OF DIRECTORS AND OFFICERS

Following  its  regular  Board of  Directors'  meeting on June 8,  1999,  Nevada
Manhattan Group,  Inc. (NMG) has announced the following changes to its Board of
Directors and Officers:

 Individual               New positions                    Former position(s)
 ----------               -------------                    ------------------
 Tetsuo Kitagawa          Vice Chairman, COO               Director, COO

 Yuri Belman              Director,                        Executive Assistant
                          Executive Assistant to CEO        to CEO

 Bruce Lauper             Director, CFO, Secretary         CFO


As previously  announced,  Mr. Richard Izumi has succeeded Mr. Chris Michaels as
the  CEO and  Chairman  of  NMG.  Mr.  Michaels  is now  head  of the  Company's
operations in Indonesia and Brazil.

Mr.  Yuri  Belman is now a new member of the  Board.  Mr.  Belman,  who became a
permanent resident of the U.S. in 1991, has extensive business experience in the
FSU/CIS  and U.S. in  management,  as well as an  engineer.  Prior to becoming a
member of the Board,  he has joined NMG as  Executive  Assistant to the CEO. Mr.
Belman is bilingual and bicultural in Russian/English. Mr. Izumi, CEO has stated
"Mr.  Belman  is a  welcome  addition  to  the  Board.  I look  to  him to  make
substantial  contributions to the future endeavors of the Company in the FSU/CIS
with his business contacts and knowledge of the business customs,  practices and
culture."

The Company's CFO, Mr. Bruce Lauper, has become a member of the BOD and has been
appointed as Secretary.  Mr.  Lauper,  a CPA, had  previously  been the CFO of a
privately held company and a senior manager with Price Waterhouse.

Mr. Jeffrey Kramer, has been asked to and has resigned as a Director of NMG. Mr.
Kramer  has  previously  been with the  Company  in many  different  capacities,
including Chief Operating Officer, during his twelve-year tenure with NMG.


    3

Mr. Ilyas Chaudhary,  a Director of the Company, has announced his intentions to
resign from the BOD. His  resignation  is expected to become  effective no later
than June 30, 1999. The Company has begun a search to fill the vacancy that will
be created by Mr.  Chaudhary's  departure  with an individual  having  extensive
experience  doing  business  with the  FSU/CIS.  To  maintain  proper  corporate
governance,  it is planned that an outside  director  will fill the  anticipated
vacancy.

Separately,  the  individuals  listed  below are no longer  associated  with the
Company. None of them have been with the Company longer than nine months.

 Individual                          Former position(s)
 ----------                          ------------------
 Neil Lewis                          Vice Chairman, Secretary

 David Smushkevich                   Consultant

 Semion Smushkevich                  Consultant, and previously an employee

This statement includes  forward-looking  information as that term is defined in
the Private Securities Litigation Reform Act of 1995, and, therefore, is subject
to certain risks and uncertainties.  Actual results may be materially different.
Factors that could cause actual results to differ include risk factors listed in
the company's reports to the Securities and Exchange Commission,  including Form
10-KSB and Form 10-QSB.


    4


                                    SIGNATURE

Pursuant to the  requirements  of the  Securities  and Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


                                      NEVADA MANHATTAN GROUP, INCORPORATED
                                      (Registrant)


Date:   June 15, 1999               BY:    /s/ Richard H. Izumi
                                       ----------------------------------
                                       RICHARD H. IZUMI
                                       CHIEF EXECUTIVE OFFICER