<PAGE>
SECURITIES AND EXCHANGE COMMISSION,
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. __)
COMPETITIVE TECHNOLOGIES, INC.
------------------------------
(Name of Issuer)
Common Stock
------------
(Title of Class of Securities)
204512107
---------
(CUSIP Number)
John S. Daniels, Esq.
8117 Preston Road, Suite 800
Dallas, Texas 75225
(214) 696-3200
--------------
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
November 4, 1997
----------------
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d- 1(b)(3) or (4), check the following box. [ ]
NOTE: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
* 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
disclosures provided in a prior cover page.
The information required on 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).
<PAGE>
CUSIP No. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
George C. J. Bigar, Executor of the Estate of Lilla Burt Cummings Tower
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF/00
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States and Switzerland
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
37,300
(8) Shared voting power
0
(9) Sole dispositive power
37,300
(10) Shared dispositive power
0
(11) Aggregate amount beneficially owned by each reporting person
37,300
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.6%
(14) Type of reporting person
IN
2
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Kay E. Anderson, ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF/00
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
59,200
(8) Shared voting power
-0-
(9) Sole dispositive power
59,200
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
59,200
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
1%
(14) Type of reporting person
IN
3
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Joel C. Barlow, ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF/00
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
74,830
(8) Shared voting power
-0-
(9) Sole dispositive power
74,830
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
74,830
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
1.3%
(14) Type of reporting person
IN
4
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Warren Jay Becker, Individually and as Trustee of Forty Centre Realty Trust
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF/AF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
47,210
(8) Shared voting power
-0-
(9) Sole dispositive power
47,210
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
47,210
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.8%
(14) Type of reporting person
IN
5
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Susan Ryser Bennett, ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
0
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
43,000
(8) Shared voting power
-0-
(9) Sole dispositive power
43,000
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
43,000
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.7%
(14) Type of reporting person
IN
6
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Timothy Ryser Bennett and Christopher E. Bennett
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
-0-
(8) Shared voting power
3,700
(9) Sole dispositive power
-0-
(10) Shared dispositive power
3,700
(11) Aggregate amount beneficially owned by each reporting person
3,700
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
less than 0.1%
(14) Type of reporting person
IN
7
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Otto A. and Doris J. Bonomo
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
83 (Otto A. Bonomo)
83 (Doris J. Bonomo)
(8) Shared voting power
11,000
(9) Sole dispositive power
83 (Otto A. Bonomo)
83 (Doris J. Bonomo)
(10) Shared dispositive power
11,000
(11) Aggregate amount beneficially owned by each reporting person
11,166
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.2%
(14) Type of reporting person
IN
8
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Robert J. and Doris J. Bushelle, ###-##-#### and ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
7,200 (Robert J. Bushelle)
(8) Shared voting power
10,700
(9) Sole dispositive power
7,200 (Robert J. Bushelle)
(10) Shared dispositive power
10,700
(11) Aggregate amount beneficially owned by each reporting person
17,900
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.3%
(14) Type of reporting person
IN
9
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Michael F. Cavotta
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
16,000
(8) Shared voting power
-0--
(9) Sole dispositive power
16,000
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
16,000
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.3%
(14) Type of reporting person
IN
10
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Richard D. Corley, D.D.S., M.D., ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
197,800
(8) Shared voting power
-0-
(9) Sole dispositive power
197,800
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
197,800
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
3.3%
(14) Type of reporting person
IN
11
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Elliott E. and Laura S. Dudnik
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF/00
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
-0-
(8) Shared voting power
10,000
(9) Sole dispositive power
-0-
(10) Shared dispositive power
10,000
(11) Aggregate amount beneficially owned by each reporting person
10,000
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.2%
(14) Type of reporting person
IN
12
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Robert E. Duke, ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
25,000
(8) Shared voting power
-0-
(9) Sole dispositive power
25,000
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
25,000
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.4%
(14) Type of reporting person
IN
13
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
William David Elliott, ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
2,000
(8) Shared voting power
-0-
(9) Sole dispositive power
2,000
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
2,000
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
less than 0.1%
(14) Type of reporting person
IN
14
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Samuel Michael Fodale ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF/AF/OO
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
148,100
(8) Shared voting power
-0-
(9) Sole dispositive power
148,100
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
148,100
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
2.5%
(14) Type of reporting person
IN
15
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Yogesh Krishna Garg and Shila Garg (includes Dyna-Plas Ind. Inc., a
corporation of which they are the sole officers and directors)
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
11,000 (Yogesh Krishna Garg)
500 (Shila Garg)
(8) Shared voting power
12,000
(9) Sole dispositive power
11,000 (Yogesh Krishna Garg)
500 (Shila Garg)
(10) Shared dispositive power
12,000
(11) Aggregate amount beneficially owned by each reporting person
23,500
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
-0-
(13) Percent of class represented by amount in Row (11)
0.4%
(14) Type of reporting person
IN
16
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
John B. Gove, ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF/00
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
20,000
(8) Shared voting power
-0-
(9) Sole dispositive power
20,000
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
20,000
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.3%
(14) Type of reporting person
IN
18
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
L. Richard Fried, Jr., ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
30,500
(8) Shared voting power
-0-
(9) Sole dispositive power
30,500
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
30,500
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.5%
(14) Type of reporting person
IN
19
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Richard D. Hornidge, Jr., ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
14,000
(8) Shared voting power
-0-
(9) Sole dispositive power
14,000
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
14,000
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.2%
(14) Type of reporting person
IN
20
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
William Ezra Kay, ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF/00
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
111,000
(8) Shared voting power
-0-
(9) Sole dispositive power
111,000
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
111,000
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
1.9%
(14) Type of reporting person
IN
21
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Daria M. Kolman, ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
8,000
(8) Shared voting power
-0-
(9) Sole dispositive power
8,000
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
8,000
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.1%
(14) Type of reporting person
IN
22
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Jeffrey A. Kolt
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
13,900
(8) Shared voting power
-0-
(9) Sole dispositive power
13,900
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
13,900
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.2%
(14) Type of reporting person
IN
23
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Richard A. Kwak
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF/00
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
20,956
(8) Shared voting power
-0-
(9) Sole dispositive power
20,956
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
20,956
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.4%
(14) Type of reporting person
IN
24
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Lawrence Lake
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF/00
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
14,250
(8) Shared voting power
-0-
(9) Sole dispositive power
14,250
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
14,250
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.2%
(14) Type of reporting person
IN
25
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Lewis Bennett Mindlin, ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
900
(8) Shared voting power
-0-
(9) Sole dispositive power
900
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
900
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
less than 0.1%
(14) Type of reporting person
IN
27
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Rev. Edmund S. Nadolny (Rev. Edmund S. Nadolny Good News Fund)
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF/00
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
33,000
(8) Shared voting power
-0-
(9) Sole dispositive power
33,000
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
33,000
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.6%
(14) Type of reporting person
IN
28
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
William F. O'Keefe
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF/00
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
12,149
(8) Shared voting power
-0-
(9) Sole dispositive power
12,149
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
12,149
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.2%
(14) Type of reporting person
IN
29
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Paul R. Olsen
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
9,989
(8) Shared voting power
-0-
(9) Sole dispositive power
9,989
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
9,989
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.2%
(14) Type of reporting person
IN
30
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Robert G. Ralston, ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
14,988
(8) Shared voting power
-0-
(9) Sole dispositive power
14,988
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
14,988
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.3%
(14) Type of reporting person
IN
31
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Frank Joseph Rowan, ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
1,000
(8) Shared voting power
-0-
(9) Sole dispositive power
1,000
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
1,000
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
less than 0.1%
(14) Type of reporting person
IN
32
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
James J. Rowan, ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
1,000
(8) Shared voting power
-0-
(9) Sole dispositive power
1,000
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
1,000
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
less than 0.1%
(14) Type of reporting person
IN
33
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Elsie Ryser
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
2,500
(8) Shared voting power
-0-
(9) Sole dispositive power
2,500
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
2,500
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
less than 0.1%
(14) Type of reporting person
IN
34
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Lynnette Sequeira
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF/OO
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
24,000
(8) Shared voting power
-0-
(9) Sole dispositive power
24,000
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
24,000
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.4%
(14) Type of reporting person
IN
35
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
John H. Smith
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF/00
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
70,420
(8) Shared voting power
-0-
(9) Sole dispositive power
70,420
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
70,420
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
1.2%
(14) Type of reporting person
IN
36
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Elsie F. Strauss, ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF/00
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
4,900
(8) Shared voting power
-0-
(9) Sole dispositive power
4,900
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
4,900
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
less than 0.1%
(14) Type of reporting person
IN
38
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Sheldon Strauss, ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
28,729
(8) Shared voting power
-0-
(9) Sole dispositive power
28,729
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
28,729
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.5%
(14) Type of reporting person
IN
39
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Alfred Van DeVanter, ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF/00
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
113,470
(8) Shared voting power
-0-
(9) Sole dispositive power
113,470
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
113,470
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
1.9%
(14) Type of reporting person
IN
40
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Joseph Weinberg, ###-##-####
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF/00
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
16,400
(8) Shared voting power
-0-
(9) Sole dispositive power
16,400
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
16,400
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.3%
(14) Type of reporting person
IN
41
<PAGE>
CUSIP NO. 204512107
(1) Names of reporting persons
S.S. or I.R.S. Identification Nos. of above persons
Sherry Wieder, Trustee for Edward D. Strauss
(2) Check the appropriate box if a member of a group
(a) [X]
(b) [ ]
(3) SEC use only
(4) Source of funds
PF
(5) Check if disclosure of legal proceedings is required pursuant to Items 2(d)
or 2(e)
[ ]
(6) Citizenship or place of organization
United States
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power
12,720
(8) Shared voting power
-0-
(9) Sole dispositive power
12,720
(10) Shared dispositive power
-0-
(11) Aggregate amount beneficially owned by each reporting person
12,720
(12) Check if the aggregate amount in Row (11) excludes certain shares
[ ]
(13) Percent of class represented by amount in Row (11)
0.2%
(14) Type of reporting person
IN
42
<PAGE>
Item 1. Security and Issuer
This statement relates to the common stock of Competitive Technologies,
Inc. (the "Company"). The address of the principal executive office of the
Company is 1960 Bronson Road, Fairfield, Connecticut 06430.
Item 2. Identity and Background
This statement is filed by 43 individual shareholders of the Company, one
of whom (Mr. George C. J. Bigar) is also a director of the Company. The
shareholders, their residence or business addresses and their occupations are
set forth on Exhibit 1 hereto, which is incorporated herein by reference.
All of the reporting shareholders are citizens of the United States; Mr.
Bigar is a dual citizen of the United States and Switzerland. During the last
five years, none of the reporting shareholders has been convicted in a criminal
proceeding (excluding traffic violations or similar misdemeanors). During the
last five years, none of the reporting shareholders has been a party to a civil
proceeding of a judicial or administrative body resulting in a judgment, decree
or final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any violation
with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration
The acquisition of stock by the group of shareholders filing this report
did not involve purchases. The shares beneficially owned by members of the
group are deemed to be acquired for reporting purposes by the group when the
members thereof agreed to act together as discussed in Item 4.
Individual members of the group have owned shares of the Company's common
stock over varying lengths of time. Most have been shareholders for 3 to 15
years. The stock reflected on the cover pages hereof was purchased primarily
with personal funds of the reporting shareholders, in certain cases subject to
borrowings in the form of standard margin agreements with registered broker-
dealers and/or funds provided by affiliates of reporting shareholders.
Item 4. Purpose of Transaction
The purpose of this filing is to report the formation of a group of
shareholders, most of whom have held stock in the Company for 3 to 15 years, to
seek to reconstitute the board of directors of the Company at the Annual Meeting
now scheduled for December 19, 1997. This course of action has been
necessitated by the failure of the Company and the present board of directors to
observe established principles of corporate governance, to operate the Company
in the best long-term interest of shareholders and to maximize the Company's
value and standing in the investment community. Instead, the Company operates
unaware of or indifferent to the responsibilities of its directors (most of whom
have never made meaningful investments in the
43
<PAGE>
Company) to expend the effort necessary to achieve what the shareholders
deserve: an efficient, effective and aggressive organization capable of
maximizing the value of the Company.
George C. J. Bigar ("Bigar") became a shareholder in the Company in 1994
and, at the invitation of George M. Stadler, the chief executive officer
("Stadler"), he was nominated and elected as a director at the 1996 Annual
Meeting. Bigar gradually became aware that within the Company's shareholder
base was a significant number of holders who (i) had held stock in the Company
for several years or longer and continued to take a very positive long-term view
of the Company and the stock, (ii) shared Bigar's views about the potential of
the Company stock to produce substantial long-term value, and (iii) were
frustrated, and growing more so, at the inattention of management and the board
of directors to requests for information, particularly plausible explanations of
the slow pace at which the Company was able to exploit technologies in which it
holds interests. In particular, Bigar heard repeatedly from the shareholders
joining in this filing and many others that management and the board did not
respond to shareholder calls, letters or other communications and showed lack of
interest and even arrogance concerning legitimate expressions of shareholders'
interest in the Company's business. Since becoming a director, Bigar has
devoted substantial time and attention to the Company's situation and has
learned a great deal about both the problems and opportunities which the Company
faces. He has been an active director, frequently making suggestions to improve
the Company's performance in operating, financial, personnel and related
matters, but he has found a level of complacency among fellow board members and
executive officers inconsistent with the demands of the Company's business. This
has manifested itself in indifference to the needs of shareholders and the
investment community generally for reliable, prompt communication of information
about the Company and the unwillingness to undertake, or even explore in good
faith, potential means of bringing the Company's strengths and the value of its
assets to the attention of the investment community. In short, the board and
senior management, having little or no invested stake in the Company, do not
think or act like shareholders, and they have made plain to Bigar by their
actions and admonitions that they do not appreciate his doing so.
Bigar recognizes that it is the shareholders (particularly the large group
who have held stock in the Company through a long period of miserable
performance), if they do not give up on the Company's future, who are the group
of people most loyal and interested in the Company's long-term prosperity. In
the last year, Bigar concluded and openly discussed with the board and
management that the interests of equity holders were being ignored, to the
detriment of the Company. He gradually realized that his colleagues did not
consider the interests and concerns of the equity holders to be of substantial
importance. In mid-October, Bigar suggested to Stadler that the membership of
the board be reconstituted, by replacing current directors with highly qualified
individuals whose professional standing, abilities and achievements would
enhance the status of the Company. This suggestion was summarily rejected.
The shareholders joining in this filing believe that the Company has the
opportunity to increase its earnings and market valuation if it (i) promptly re-
focuses its energies under the guidance of a responsive board of directors; (ii)
cuts costs significantly and eliminates current compensation plans (for
directors and executive officers alike) which are not aligned with the
44
<PAGE>
interests of shareholders; and (iii) aggressively seeks methods of utilizing its
undervalued assets, some of which have been completely neglected, to add value
to the Company. Bigar sought expressions of support from a small number of
shareholders and encountered a groundswell of interest in identifying a superior
alternative to the slate of directors proposed by the current board for the
December 19, 1997 Annual Meeting.
The group of shareholders joining in this filing exists solely for the
purpose of advocating the replacement of a majority of the board of directors;
it is anticipated that the group will cease to exist following the elections at
the Annual Meeting. Those signing this statement are united in believing that
- A Corporate Board has no responsibility higher than that of
adding value, or causing value to be added, to a company
- Compensation must be aligned with shareholders' long-term
interests
- No more than one Executive Officer need be seated on a
corporate board
- Executive Officers should never be allowed to serve on
either the Compensation Committee or Nominating Committee
- A company's Chief Executive must be held accountable at
all times and in all endeavors
- The board must be run in such a way as to direct, not only
oversee, the Company's Executive Officers, its mission statement
and the timely, efficient implementation of that mission statement.
Performance targets must be in place and when or if these are
not met,analysis of the failure(s) should lead to a reassessment.
Without a mission statement and performance targets, it is
unreasonable to embark on any realistic appraisal of the
suitability, competency (or lack thereof) or value of Executive
and Operating Officers.
The Company filed with the SEC a preliminary proxy statement for the Annual
Meeting which should be carefully reviewed by interested shareholders. Until
the shareholders involved in this filing have filed a preliminary proxy
statement with the SEC (which they intend to do very shortly), they are not
permitted to solicit proxies. Such shareholders hope that other interested
shareholders will carefully consider the matters discussed above in order to
determine an appropriate course of action.
The equity holders who have joined in this filing intend to conduct a proxy
contest in
45
<PAGE>
which the facts speak for themselves; they do not intend to initiate or resort
to escalation of the disagreement with management, and they call upon management
to refrain from actions in their self-interest but not in the best interests of
the Company, such as attempting to frustrate the will of a majority of the
Company's equity holders. The interests of the Company would not be served by a
prolonged or expensive battle in which the Company's funds are spent to attack
its own shareholders in an attempt to insulate the board of directors from basic
accountability to those who own the Company.
Individual reporting shareholders may in the future purchase or sell shares
of common stock, depending on their individual circumstances and changing market
conditions.
On November 14, 1997 Bigar sent a written request, pursuant to Rule 14a-7
under the Exchange Act, that the Company promptly provide either a list of
shareholders or an estimate of the costs of mailing a proxy statement in which
proxies are to be solicited in support of a slate of nominees for director in
opposition to the slate nominated by management. A copy of that letter is
attached as Exhibit 2. Pursuant to Rule 14a-7, the Company is required to
deliver a response to Bigar's written request within 5 business days after its
receipt of the request.
Item 5. Interest in Securities of Issuer
(a) As of October 31, 1997 the reporting shareholders are the beneficial
owners of 1,297,118 shares, representing approximately 21.9% of the outstanding
shares of the Company, based upon the number of shares reported to be
outstanding in the Company's most recent Form 10-K.
(b) Except as otherwise indicated on the individual cover pages hereof,
each of the reporting shareholders has the sole power to vote and to dispose of
the shares attributed to such shareholder.
(c) The following table sets forth all transactions with respect to common
stock of the Company effected during the past sixty days by each of the
reporting shareholders. Each transaction set forth below reflects an open
market purchase or sale on the American Stock Exchange:
<TABLE>
<CAPTION>
NAME OF DATE OF TRANSACTION TYPE OF # OF SHARES PRICE
STOCKHOLDER TRANSACTION
<S> <C> <C> <C> <C>
Wieder September 2, 1997 Purchase 400 10 3/8
Hornidge September 4, 1997 Sale 1,000 10
S. Strauss September 9, 1997 Sale 400 8 5/8
S. Strauss September 10, 1997 Sale 1,000 9
S. Strauss September 12, 1997 Sale 400 9 7/16
S. Strauss September 16, 1997 Sale 900 9 1/4
S. Strauss September 16, 1997 Sale 500 9 5/8
S. Strauss September 22, 1997 Sale 400 8 3/4
S. Strauss September 24, 1997 Sale 700 9 1/2
</TABLE>
46
<PAGE>
<TABLE>
<S> <C> <C> <C> <C>
Wieder September 23, 1997 Sale 500 9 1/2
Kolt September 24, 1997 Gifts 100 NA
S. Strauss September 26, 1997 Purchase 1,000 9 3/8
S. Strauss October 7, 1997 Sale 1,000 9 1/4
Anderson October 28, 1997 Purchase 500 8 1/2
Gove October 28, 1997 Purchase 100 8 1/2
Garg October 29, 1997 Purchase 3,000 9
S. Strauss October 30, 1997 Purchase 300 9
Gove October 30, 1997 Purchase 100 8 1/2
Sequeira October 30, 1997 Purchase 1,000 9
S. Strauss October 31, 1997 Sale 1,000 8 1/4
Kolman October 31, 1997 Purchase 4,000 8 5/8-9
Strauss October 31, 1997 Purchase 300 9
Becker November 2, 1997 Purchase 2,000 8 3/4
</TABLE>
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect
to Securities of the Issuer.
By executing this Schedule 13D, each reporting shareholder agrees to this
joint filing in accordance with Rule 13d-1(f) under the Securities Exchange Act
of 1934, as amended, on behalf of each of them of this Schedule 13D (including
any amendments thereto).
Except for the agreement to file jointly and the mutual intentions of the
reporting shareholders discussed in Item 4 hereof, there are no contracts,
arrangements, understandings, or relationships relating to the securities of the
Company.
Each of the reporting shareholders specifically disclaims any beneficial
interest in the shares of common stock of the Company reported by the other
reporting shareholders.
Item 7. Material to be Filed as Exhibits.
Exhibit 1: Information about reporting shareholders.
Exhibit 2: Letter dated November 17, 1997 from George C. J. Bigar to the
Company.
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this statement regarding
the undersigned is true, complete and correct.
Dated: November 14, 1997 /s/ George C. J. Bigar, Executor
--------------------------------------
George C. J. Bigar, Executor
/s/ Kay E. Anderson
--------------------------------------
Kay E. Anderson
47
<PAGE>
/s/ Joel C. Barlow
--------------------------------------
Joel C. Barlow
/s/ Warren Jay Becker
--------------------------------------
Warren Jay Becker
/s/ Susan Ryser Bennett
--------------------------------------
Susan Ryser Bennett
/s/ Timothy Ryser Bennett
--------------------------------------
Timothy Ryser Bennett
/s/ Christopher E. Bennett
--------------------------------------
Christopher E. Bennett
/s/ Otto A. Bonomo
--------------------------------------
Otto A. Bonomo
/s/ Doris J. Bonomo
--------------------------------------
Doris J. Bonomo
/s/ Doris J. Bushelle
--------------------------------------
Doris J. Bushelle
/s/ Robert J. Bushelle
--------------------------------------
Robert J. Bushelle
/s/ Michael F. Cavotta
--------------------------------------
Michael F. Cavotta
/s/ Richard D. Corley
--------------------------------------
Richard D. Corley
/s/ Elliott E. Dudnik
--------------------------------------
Elliott E. Dudnik
/s/ Laura S. Dudnik
--------------------------------------
Laura S. Dudnik
/s/ Robert E. Duke
--------------------------------------
Robert E. Duke
/s/ William David Elliott
--------------------------------------
William David Elliott
/s/ Samuel Michael Fodale
--------------------------------------
Samuel Michael Fodale
48
<PAGE>
/s/ L. Richard Fried, Jr.
--------------------------------------
L. Richard Fried, Jr.
/s/ Yogesh Krishna Garg
--------------------------------------
Yogesh Krishna Garg
/s/ Shila Garg
--------------------------------------
Shila Garg
/s/ John B. Gove
--------------------------------------
John B. Gove
/s/ Richard D. Hornidge, Jr.
--------------------------------------
Richard D. Hornidge, Jr.
/s/ William Ezra Kay
--------------------------------------
William Ezra Kay
/s/ Daria M. Kolman
--------------------------------------
Daria M. Kolman
/s/ Jeffrey A. Kolt
--------------------------------------
Jeffrey A. Kolt
/s/ Richard A. Kwak
--------------------------------------
Richard A. Kwak
/s/ Lawrence Lake
--------------------------------------
Lawrence Lake
49
<PAGE>
/s/ Lewis Bennett Mindlin
--------------------------------------
Lewis Bennett Mindlin
/s/ Rev. Edmund S. Nadolny
--------------------------------------
Rev. Edmund S. Nadolny
(Rev. Edmund S. Nadolny Good News
Fund)
/s/ William F. O'Keefe
--------------------------------------
William F. O'Keefe
/s/ Paul R. Olsen
--------------------------------------
Paul R. Olsen
/s/ Robert G. Ralston
--------------------------------------
Robert G. Ralston
/s/ Frank Joseph Rowan
--------------------------------------
Frank Joseph Rowan
/s/ James J. Rowan
--------------------------------------
James J. Rowan
/s/ Elsie Ryser
--------------------------------------
Elsie Ryser
/s/ Lynnette Sequeira
--------------------------------------
Lynnette Sequeira
/s/ John H. Smith
--------------------------------------
John H. Smith
50
<PAGE>
/s/ Elsie F. Strauss
--------------------------------------
Elsie F. Strauss
/s/ Sheldon Strauss
--------------------------------------
Sheldon Strauss
/s/ Alfred Van DeVanter
--------------------------------------
Alfred Van DeVanter
/s/ Joseph Weinberg
--------------------------------------
Joseph Weinberg
/s/ Sherry Weider
--------------------------------------
Sherry Wieder, Trustee for
Edward D. Strauss
51
<PAGE>
EXHIBIT 1
<TABLE>
<CAPTION>
Name Residence or Business Present Name and Address of Employer Principal Business
Address Occupation of Employer
<S> <C> <C> <C> <C>
George C. J. Bigar, 3906 Buena Vista #20 Investor
Executor Dallas, TX
Kay E. Anderson 683 W. 925 S. Investor
Orem, UT
Joel C. Barlow 1235 Cedar Ave. Retired
Provo, UT
Warren J. Becker 40 Centre Street Physician Same as column 2 Physician
Brook Line, MA
Susan Ryser Bennett 14280 W. 9/th/ St. Investor
Zion, IL
Timothy and P.O. Box 812 Investors
Christopher Bennett Lake Forest, IL
Otto A. and Doris J. 61 Cobblestone Drive General Manager Nandorf, Inc. Retail
Bonomo Crete, IL 4301 Midlothian Turnpike
Crestwood, IL
Robert J. Bushelle 49 Braeburn Lane None
Barrington, IL
Michael F. Cavotta 7855 Division Dr. Executive PCI
Mentor, OH Same as column 2
Richard D. Corley 1101 Main Street Surgeon Same as column 2 Physician
Peoria, IL
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C>
Elliott E. and Laura S. 913 Wesley Ave. Professor & Same as column 2 Education
Dudnik Evanston, IL Architect Public Library
Librarian
Robert E. Duke 111 South Wilshire Business Owner Fire Control, Inc. Sprinkler Systems
Arlington Heights, IL 255 Alderman
Wheeling, IL
William David Elliott 1601 Elm Street Attorney Same as column 2 Law Practice
Suite 3700
Dallas, TX
Samuel Michael Fodale 5820 E. Nevada Executive Central Maintenance Maintenance
Detroit, MI Services, Inc. services
Same as column 2
Yogesh Krishna Garg and P.O. Box 100 Executive DynaPlas, Inc. Plastics
Shila Garg Holmesville, OH Same as column 2
John B. Gove 101 Pleasant Street Executive Commonwealth Retirement Sale and service
Suite 109 Services of corporate pension
Worcester, MA Same as column 2 plans
L. Richard Fried, Jr. 841 Bishop Street Attorney Same as column 2 Law practice
Honolulu, HI
Richard D. Hornidge, 9 Barrington Dr. None
Jr. Andover, MA
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C>
William Ezra Kay #8 Pepper Creek Dr. Physician Westside Industrial Clinic Physician
Pepper Pike, OH 2012 West 25/th/ St.
Cleveland, OH
Daria M. Kolman 5011 Corkwood Dr. Reading Cleveland Board of Education Education
Specialist
Jeffrey A. Kolt 33840 Aurora Road Attorney Same as column 2 Law practice
Solon, OH
Richard A. Kwak 3543 Avenida Amorosa Investor Same as column 2
Escondido, CA
Lawrence Lake 3220 Fox Hollow Manufacturers Same as column 2 Manufacturers
Drive Representative Representative
Pepper Pike, OH
Lewis Bennett Mindlin 614 Superior Ave. W. Attorney Same as column 2 Law practice
15/th/ Floor
Cleveland, OH
Rev. Edmund S. 82 Akron Street Priest Same as column 2 Church
Nadolny Meriden, CT
Good News Fund
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C>
William F. O'Keefe 426 Hazard Ave. Priest, Mngmnt Same as column 2 Church
Enfield, CT Consultant,
Ntl Director of
Catholic Digest
School Plan
Paul R. Olsen P.O. Box 685 Dentist 325 West Center St. Dentistry
Salem, UT Spanish Fork, UT
Robert G. Ralston 62 Whitehead Road Executive Benefit Same as column 2 Executive Benefit
Cohasset, MA Planning Services Planning Services
Frank Joseph Rowan 20222 Gulf Blvd. Stockbroker Smith Barney, Inc. Broker-Dealer
Indian Shores, FL 311 Park Place #100
Clearwater, FL
James J. Rowan 3839 4/th/ Street North Attorney Same as column 2 Law practice
Suite 390
St. Petersburg, FL
Elsie Ryser None
Lynnette Sequeira 6960 Norvale Circle None
West
Gates Mills, OH
John H. Smith 6 Willett Pond Drive Business Owner AM-PM Cleaning Company Cleaning
Westwood, MA Westwood, MA
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C>
Elsie F. Strauss 6566 Gates Mills Blvd. None
Mayfield Heights, OH
Sheldon Strauss 26300 Euclid Ave. Executive Medical Care Group Medical Care
Suite 102 Euclid, OH
Euclid, OH
Alfred Van DeVanter 1050 E. 700 N. Retired
American Fork, UT
Joseph Weinberg 30 Galesi Drive Stockbroker Josephthal Lyon & Ross, Inc. Broker-Dealer
Wayne, NJ Same as column 2
Sherry Wieder, 6566 Gates Mills Blvd.
Trustee Mayfield Heights, OH
</TABLE>
<PAGE>
EXHIBIT 2
[LETTER OF GEORGE C. J. BIGAR APPEARS HERE]
November 17, 1997
Mr. George M. Stadler
Chief Executive Officer
Competitive Technologies, Inc.
Building 1
1960 Bronson Road
Post Office Box 340
Fairfield, Connecticut 06430
VIA FACSIMILE & FEDERAL EXPRESS (Airbill #4629699852)
- -----------------------------------------------------
Dear Mick:
As you know, and as evidenced by filings of Competitive Technologies, Inc. (the
"Company") with the Securities and Exchange Commission, I am the beneficial
owner of 37,300 shares of common stock of the Company. Pursuant to rule 14a-7
under the Securities Exchange Act of 1934, I hereby request that the Company
comply with that rule by (1) providing a list of holders of the Company's voting
stock as of the record date for the annual meeting of stockholders now scheduled
for December 19, 1997 or mail proxy materials to such holders on my behalf; and
(2) deliver to my counsel, John S. Daniels, Esquire, 8117 Preston Road, Suite
800, Dallas, Texas 75225, the information required to be delivered in accordance
with Rule 14a-7(a)(1), within the time period contemplated by such rule.
For the purposes of compliance with Rule 14a-7, I enclose, with this letter, a
demand under oath for inspection of the Company's stock ledger and a list of
shareholders.
Thanking you in advance for your prompt assistance, I remain.
Yours very truly,
/s/ GEORGE C. J. BIGAR
George C. J. Bigar
Enclosure
