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OMB APPROVAL
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OMB Number 3235-0101
Expires: September 30, 1998
Estimated average burden
hours per response ....... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Steffens Don R.
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(Last) (First) (Middle)
100 North Arlington Ave., Suite 23P
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(Street)
Reno NV 89501
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
6/29/96
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Harvard Scientific Corp. HVSF
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5. Relationship of Reporting Person to Issuer
(Check all applicable)
[ X*] Director [X ] 10% Owner
[ X*] Officer (give title below) [ ] Other (specify below)
Chief Financial Officer and Secretary
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* See explanation
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6. If Amendment, Date of Original (Month/Year)
4/10/97
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7. Individual or Joint/Group Filing (Check applicable line)
[ X ] Form Filed by One Reporting Person
[ ] Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr.5)
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<S> <C> <C> <C>
Common Stock 654,671 I Corporate (Note 1)
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</TABLE>
* If the Form is filed by more than one Reporting Person, see Instruction
5(b)(v)
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
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FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr.5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
TITLE OF OFFICER: Mr. Steffens was an officer and director of the issuer at the
time of the initial report on Form 3, but ceased to be an officer or director of
the issuer in fall 1997. For reasons described below, Mr. Steffens may continue
to be deemed a 10% beneficial owner of the issuer's stock.
NOTE A: Represents shares held by Bio-Sphere Technology, Inc. ("BTI"), a
corporation in which Mr. Steffens is an officer, director and a shareholder. Mr.
Steffens disclaims beneficial ownership in all shares held by BST other than to
the extent of his pecuniary interest therein. Mr. Steffens is no longer an
officer or director of the issuer, but continues to be so of BTI. This Form
amends Mr. Steffen's earlier filing to reflect his reportable ownership as of an
earlier date and all subsequent filings are deemed amended to reflect this
amendment.
All holdings reflect a 1 for 10 share reverse stock split effected by the issuer
2/2/98.
/s/ Don R. Steffens 4/17/98
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**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient. See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
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