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 earliest event reported: April 20, 2001
                    -----------------------------------------------


                                LAHAINA ACQUISITIONS, INC.


Colorado            0-27480                         84-1325695
- --------            -------                         ----------
(State or other    (Commission File No.)           (IRS Employer ID No.)
jurisdiction of
incorporation)



              5985 Windward Parkway, Suite 220, Alpharetta, Georgia 30005
              -----------------------------------------------------------
                         (Address of principal executive offices)



                                     770-754-6140
                                     ------------
                  (Registrant's telephone number, including area code)



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





Item 7.  Financial Statements and Exhibits.

(a)      Financial statements of business acquired

                           Not applicable

(b)      Pro forma financial information

                           Not applicable

(c)      Exhibits

                           99.1 Press Release dated April 20, 2001

Item 9.  Regulation FD Disclosure

     On April  20,  2001,  Lahaina  Acquisitions,  Inc.  issued a press  release
announcing  its intention to complete the previously  announced  spin-off of its
mortgage banking and brokerage  operation into a separate public company,  to be
called United Capital Mortgage  Corporation.  Lahaina will continue to operate a
Georgia-based  real estate  development  company.  All of the information in the
press release, appearing in Exhibit 99.1, is not filed but is furnished pursuant
to Regulation FD.





                                                              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 hereto duly authorized.


                                   Lahaina Acquisitions, Inc.
                                   (Registrant)


Dated:  April  26, 2001            By  /s/ L. Scott Demerau
                                   --------------------------------------
                                   L. Scott Demerau
                                   President and Chief Operating Officer


Thursday, April 19, 2001

Lahaina Plans to complete spin-Off of mortgage operation into new public company

     ALPHARETTA,  GA, Lahaina  Acquisitions,  Inc. (OTC BB:LAHA) - Lahaina today
announced its  intention to complete the  previously  announced  spin-off of its
mortgage banking and brokerage  operation into a separate public company,  to be
called United Capital Mortgage  Corporation  (United).  Lahaina will continue to
operate as a Georgia-based real estate development company. Lahaina shareholders
receiving  stock in the new company will not be required to pay for such shares.
As of today, Lahaina's Board of Directors has not determined the record date for
the spin-off,  however,  it is anticipated that the record date will be prior to
June 30,  2001.  Lahaina is  currently  consulting  with its legal  counsel  and
accounting  firm to determine the tax effects of the spin-off.  As of this date,
Lahaina has not  received an opinion  from  counsel as to the tax effects of the
spin-off and has not determined  whether it will request a private letter ruling
from the Internal Revenue Service.

     "We had hoped to accomplish  the spin-off  transaction  last year,  but our
mortgage  operation  was not  mature  enough  and we did not have the  necessary
systems in place",  says Betty  Sullivan,  Lahaina's  Executive  VP and COO. Ms.
Sullivan continues,  "We now believe we have achieved critical mass, in terms of
quantity  of  mortgage  volume,  quality  and depth of  management,  and planned
operating  systems,  to move  forward  with the  spin-off.  We also  believe the
spin-off  will give each  company  the  freedom  and  flexibility  to more fully
develop its respective  core business and sharpen its focus.  We further believe
that now is the right time to spin off the mortgage  business in order to better
capitalize on today's mortgage and finance marketplace."

     Scott Demerau,  President and CEO comments,  "A spin-off is often desirable
in  situations  like ours where  there are two  totally  separate  and  distinct
businesses.  Our mortgage and real estate operations are very different is terms
of management skills, types of operations, types of assets, nature and timing of
earnings.  We are  confident  that the spin-off of our mortgage  operation  will
allow both  companies and their  respective  leadership to focus on the business
they do best."

About the Company
     Lahaina  currently  operates a multi-state  brokerage and banking operation
through  The Accent  Group,  Accent  Mortgage  Services,  Inc.,  United  Capital
Mortgage   Corporation   and  Cross  Keys  Capital   Corporation,   wholly-owned
subsidiaries,    and   has   a   national   on-line    mortgage    presence   at
www.accentmortgage.com  and  www.ucmc.net.  The goal of the mortgage part of the
Company is to become a national  leader in the  mortgage  brokerage  and banking
industry by continuing to (i) expand its business  internally by increasing same
branch  originations  and  opening  new  branches;  (ii)  expand  externally  by
acquiring   existing  mortgage   operations  and  (iii)  increase  overall  loan
productivity by employing new and conventional Internet-based technology.

     Statements  made  in  this  press  release,  other  than  those  concerning
historical  information,  should be  considered  forward-looking  and subject to
various risks and uncertainties.  Such forward-looking statements are made based
on management's belief as well as assumptions made by, and information currently
available to, management pursuant to the `safe harbor' provisions of the Private
Securities  Litigation  Reform Act of 1995.  Lahaina  Acquisitions,  Inc. actual
results  may  differ   materially   from  the  results   anticipated   in  these
forward-looking  statements as a result of a variety of factors, including those
identified  in Lahaina  Acquisitions,  Inc.  Annual  Report on Form 10-K for the
fiscal year ended  September  30, 1999 and it's  Quarterly  Reports on Form 10-Q
filed with the Securities and Exchange Commission.

SOURCE:    Lahaina Acquisitions, Inc.
CONTACT: Betty M. Sullivan, Executive VP & COO
                    770-754-6140.