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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
American Craft Brewing International Limited
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(Name of Issuer)
Common Stock, Par Value $.01 Per Share
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(Title of Class of Securities)
G02702 10 1
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(CUSIP Number)
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The information required in the remainder of this cover page (except any items
to which the form provides a cross-reference) 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.
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CUSIP No. G0707 10 1 13G Page 2 of 4 Pages
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Federico G. Cabo Alvarez
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2 Check the Appropriate Box if a Member of a Group (See Instructions)(a)[ ]
- (b)[ ]
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3 SEC Use Only
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4 Citizenship or Place of Organization
Mexico
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Number of 5 Sole Voting Power
Shares
914,400
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Beneficially 6 Shared Voting Power
Owned by
0
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Each 7 Sole Dispositive Power
Reporting
914,400
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Person With 8 Shared Dispositive Power
0
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
914,400
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10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
[X]
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11 Percent of Class Represented by Amount in Row (11)
24.8
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12 Type of Reporting Person (See Instructions)
IN
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CUSIP No. G0707 10 1 13G Page 3 of 4 Pages
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Item 1(a) Name of Issuer:
American Craft Brewing International Limited.
Item 1(b) Address of Issuer's Principal Executive Offices:
One Galleria Boulevard, Suite 1714
Metairie, Lousiana 70001
Item 2(a) Name of Person(s) Filing:
Federico G. Cabo Alvarez
Item 2(b) Address of Principal Business Office:
9657 East Rush Street
South Elmonte, California 91733
Item 2(c) Citizenship
Mexico
Item 2(d) Title of Class of Securities:
Common Stock of American Craft Brewing International Limited.
Item 2(e) CUSIP Number
G02702 10 1
Item 3 The person(s) filing is (are):
Inapplicable
Item 4(a) Amount Beneficially Owned
914,400 shares of Common Stock of American Craft Brewing International Limited.1
Item 4(b) Percent of Class
24.8%
Item 4(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 914,400
(ii) shared power to vote or to direct the vote: 0
(iii) the sole power to dispose of or to direct the disposition of: 914,400
(iv) shared power to dispose of or to direct the disposition of: 0
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1 Excludes 5,700 shares underlying Redeemable Common Stock Purchase Warrants
owned by Diane Elizabeth Cabo. Ms. Cabo is Mr. Cabo's daughter. Mr. Cabo
disclaims beneficial ownership of the shares underlying Ms. Cabo's warrants.
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CUSIP No. G0707 10 1 13G Page 4 of 4 Pages
Mr. Cabo does not currently possess any rights to acquire additional shares of
American Craft Brewing International Limited's Common Stock.
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Item 5. Ownership of Five Percent or Less of a Class
Inapplicable.
Item 6. Ownership of More than 5% on Behalf of Another Person.
Inapplicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
Inapplicable.
Item 8. Identification and Classification of Members of the Group
Inapplicable.
Item 9. Notice of Dissolution of the Group
Inapplicable.
Item 10. Certification
Inapplicable.
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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, 1997
Signature: s/s Federico G. Cabo Alvarez
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Federico G. Cabo Alvarez