<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(AMENDMENT NO. 1)
UNDER THE SECURITIES ACT OF 1934
YieldUP International Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
985837 10 3
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (howe"ver, see the
Notes).
SEC 1745(2/92)
Page 1 of 5 pages
<PAGE> 2
CUSIP No. 985837 10 3 13G Page 2 of 5 Pages
--- ---
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Raj Mohindra
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
[ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 820,125
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
-----------------------------------------------------
6 SHARED VOTING POWER
0
-----------------------------------------------------
7 SOLE DISPOSITIVE POWER
820,125
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
820,125
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[X]
Does not include an aggregate of 325,183 shares of Common Stock
issuable upon exercise of Class B Warrants and options held by Mr.
Mohindra.
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
14.2%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
<PAGE> 3
Page 3 of 5 Pages
SEE INSTRUCTION BEFORE FILLING OUT!
ITEM 1(a) NAME OF ISSUER:
YieldUP International Corporation
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
117 Easy Street
Mountain View, CA 94043
ITEM 2(a) NAME OF PERSON FILING:
Raj Mohindra
ITEM 2(b) ADDRESS OF PERSON FILING:
c/o YieldUP International Corporation
117 Easy Street
Mountain View, CA 94043
ITEM 2(c) CITIZENSHIP:
United States
ITEM 2(d) CLASS OF SECURITIES:
Common Stock, $.001 par value
ITEM 2(e) CUSIP NUMBER:
985837 10 3
ITEM 3 STATUS OF PERSON FILING:
Not Applicable
<PAGE> 4
Page 4 of 5 Pages
ITEM 4 OWNERSHIP (AT DECEMBER 31, 1996):
(a) AMOUNT OWNED "BENEFICIALLY" WITHIN THE MEANING OF
RULE 13d-3:
820,125 shares
(b) PERCENT OF CLASS:
As of December 31, 1997, the percentage of the class
represented by the shares held by Reporting Person as reported in Item 4(a)
above was approximately 14.2%.
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) sole power to vote or direct the vote:
820,125 shares
(ii) shared power to vote or direct the vote: 0
shares
(iii) sole power to dispose or to direct the
disposition of: 854,286 shares
(iv) shared power to dispose or to direct
disposition of: 0 shares
Raj Mohindra disclaims beneficial ownership of 44,161
shares registered in the name of family members of
Mr. Mohindra, except to the extent of any pecuniary
interest therein which he may have.
ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not Applicable
ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER.
Not Applicable
ITEM 7 IDENTIFICATION AND CLASSIFICATION OF SUBSIDIARY.
Not Applicable
ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS.
Not Applicable
ITEM 9 NOTICE OF DISSOLUTION.
Not Applicable
ITEM 10 CERTIFICATION.
Not Applicable
<PAGE> 5
Page 5 of 5 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: February 13, 1998
/s/ Raj Mohindra
-------------------------------
Raj Mohindra
