SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
RIGL Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
75968E-10-1
(CUSIP Number)
<PAGE>
SCHEDULE 13G
CUSIP NO. 75968E-10-1
_____________________________________________________________________________
1) Name of Reporting Person Michael MacKay
S.S. or I.R.S. Identification ###-##-####
No. of Above Person
_____________________________________________________________________________
2) Check the Appropriate Box A. ________
if a Member of a Group B. ________
_____________________________________________________________________________
3) SEC Use Only
_____________________________________________________________________________
4) Citizenship or Place of Organization United States
_____________________________________________________________________________
Number of Shares (5) Sole Voting Power 1,440,000
Beneficially Owned (6) Shared Voting Power 75,000
by Each Reporting (7) Sole Dispositive Power 1,440,000
Person with (8) Shared Dispositive Power 75,000
_____________________________________________________________________________
9) Aggregate Amount Beneficially
Owned by Each Reporting Person 1,515,000
_____________________________________________________________________________
10) Check if the Aggregate Amount
in Row 9 Excludes Certain Shares [ ]
_____________________________________________________________________________
11) Percent of Class Represented
by Amount in Row 9 12.6%
_____________________________________________________________________________
12) Type of Reporting Person IN
_____________________________________________________________________________
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Item 1(a): Name of Issuer:
RIGL Corporation
Item 1(b): Address of Issuer's Principal Executive Offices:
4840 E. Jasmine Street, Suite 105
Mesa, Arizona 85205-3320
Item 2(a): Names of Persons Filing:
Michael MacKay
Item 2(b): Address of Principal Business Office or, if none, Residence:
100 Bluebell Place
Vallejo, CA 94591
Item 2(c): Citizenship:
United States
Item 2(d): Title of Class of Securities:
Common Stock
Item 2(e): CUSIP Number:
75968E-10-1
Item 3: If this statement is filed pursuant to Rules 13d-1 (b),
or 13d-2(b), check whether the person filing is a:
(1) [ ] Broker or Dealer registered under Sec. 15 of the Act
(2) [ ] Bank as defined in Sec. 3(a)(6) of the Act
(3) [ ] Insurance Company as defined in Sec. 3(a)(19) of the Act
(4) [ ] Investment Company registered under Sec. 8 of the
Investment Company Act
(5) [ ] Investment Adviser registered under Sec. 203 of the
Investment Advisers Act of 1940
(6) [ ] Employee Benefit Plan, Pension Fund which is subject to
the provision of the Employee Retirement Income Security
Act of 1974 or Endowment Fund; see
Sec. 240.13d-1(b)(1)(ii)(F)
(7) [ ] Parent Holding Company, in accordance with Sec. 240.13d-
1(b)(ii)(G) (Note: See Item 7)
(8) [ ] Group, in accordance with Sec. 240.13d-1 (b)(1)(ii)(H)
Item 4: Ownership (as of December 31, 1998)
(1) Amount Beneficially Owned: See Item 9 of cover pages
(2) Percent of Class: See Item 11 of cover pages
(3) Number of shares as to which such person has:
a. sole power to vote or to direct the vote
b. shared power to vote or to direct the vote
c. sole power to dispose or to direct the disposition of
d. shared power to dispose or to direct the disposition of
See Items 5-8 of cover pages
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.
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
By signing below I certify that, to the best of my knowledge,
the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose of
and do not have the effect of changing or influencing the
control of the issuer of such securities and were not acquired
in connection with or as a participant in any transaction
having such purpose or effect.
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: January 19, 1999
_______/s/______
By: Michael MacKay