UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
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WebSecure, Inc.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
947683 10 8
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(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 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 (however, see the
Notes).
CUSIP No. 746934 10 8 13G Page 2 of 5 Pages
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(1) Name of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
International Software Development Limited
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(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ ]
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
British Virgin Islands
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Number of Shares (5) Sole Voting Power
802,500
Beneficially -------------------------------------------------------
(6) Shared Voting Power
Owned by --
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Each Reporting (7) Sole Dispositive Power
802,500
Person With -------------------------------------------------------
(8) Shared Dispositive Power
--
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
802,500
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(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* [ ]
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(11) Percent of Class Represented by Amount in Row (9)
14.32%
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(12) Type of Reporting Person (See Instructions)
CO
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Page 3 of 5 Pages
Item 1(a). NAME OF ISSUER:
WebSecure, Inc.
Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
1711 Broadway, Saugus, Massachusetts 01906
Item 2(a). NAME OF PERSON FILING:
International Software Development Limited
Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE:
P.O. Box 36, Westaway Chambers, Don Street, St. Helier,
Jersey, Channel Islands
Item 2(c). CITIZENSHIP:
British Virgin Islands
Item 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, $.01 par value
Item 2(e). CUSIP NUMBER:
947683 10 8
Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR
13d-2(b), CHECK WHETHER THE PERSON FILING IS A:
(a). [ ] Broker or Dealer registered under section 15 of the
Act
(b). [ ] Bank as defined in section 3(a) (6) of the Act
(c). [ ] Insurance Company as defined in section 3(a) (19) of
the Act
(d).[ ] Investment Company registered under section 8 of the
Investment Company Act
(e) [ ] Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940
Page 4 of 5 Pages
(f) [ ] Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund
(g) [ ] Parent Holding Company, in accordance with
ss.240.13d-1 (b) (ii) (G)
(h) [ ] Group, in accordance with ss.240.13d-1 (b)(1)(ii)(H)
Item 4. OWNERSHIP.
(a) AMOUNT BENEFICIALLY OWNED:
802,500
(b) PERCENT OF CLASS:
14.32%
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) Sole power to vote or to direct the vote:
802,500.
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(ii) Shared power to vote or to direct the vote:
-- .
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(iii) Sole power to dispose or to direct the
disposition of: 802,500.
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(iv) Shared power to dispose or to direct the
disposition of: -- .
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Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following. [ ]
Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON.
Not applicable.
Page 5 of 5 Pages
Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT
HOLDING COMPANY.
Not applicable.
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
GROUP.
Not applicable.
Item 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
Item 10. CERTIFICATION.
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of its or his knowledge and
belief, each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.
February 14, 1997
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(Date)
/s/ John Willis
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(Signature)
John Willis, Director
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(Name and Title)
