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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.___)
DuraSwitch Industries, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
266905 20 7
(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 cover 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).
(Continued on following page(s))
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CUSIP NO. 266905 20 7 13G Page 2 of 6 Pages
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Blackwater Capital Partners, L.P.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) / /
(b) / /
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF 5 SOLE VOTING POWER
SHARES - 0 -
BENEFICIALLY
OWNED BY 6 SHARED VOTING POWER
EACH 442,155
REPORTING
PERSON 7 SOLE DISPOSITIVE POWER
WITH - 0 -
8 SHARED DISPOSITIVE POWER
442,155
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
442,155
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) / /
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.9%
12 TYPE OF REPORTING PERSON (See Instructions)
PN
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CUSIP NO. 266905 20 7 13G Page 3 of 6 Pages
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Steven R. Green
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) / /
(b) / /
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF 5 SOLE VOTING POWER
SHARES - 0 -
BENEFICIALLY
OWNED BY 6 SHARED VOTING POWER
EACH 442,155
REPORTING
PERSON 7 SOLE DISPOSITIVE POWER
WITH - 0 -
8 SHARED DISPOSITIVE POWER
442,155
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
442,155
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) / /
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.9%
12 TYPE OF REPORTING PERSON (See Instructions)
IN
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ITEM 1(a) NAME OF ISSUER:
DuraSwitch Industries, Inc. (the "Issuer")
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
234 S. Extension Road, Mesa, Arizona 85210
ITEM 2(a) NAME OF PERSONS FILING:
Blackwater Capital Partners L.P. ("Blackwater")
Steven R. Green ("Green")
ITEM 2(b) ADDRESS OF THE PRINCIPAL BUSINESS OFFICE OF PERSON FILING.
1800 Glenview Road, Glenview, Illinois 60025
ITEM 2(c) CITIZENSHIP:
Blackwater: Delaware (organized in)
Green: United States of America
ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Common stock, par value $0.001 per share
ITEM 2(e) CUSIP NUMBER:
266905 20 7
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2
(b), CHECK WHETHER THE PERSON FILING IS A:
Not applicable.
ITEM 4. OWNERSHIP
Blackwater:
(a) AMOUNT BENEFICIALLY OWNED: 442,155
(b) PERCENT OF CLASS: 5.9%
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(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) sole power to vote or to direct the vote:
- 0 -
(ii) shared power to vote or to direct the vote:
442,155
(iii) sole power to dispose or to direct the
disposition of: - 0 -
(iv) shared power to dispose or to direct the
disposition of: 442,155
Green:
(a) AMOUNT BENEFICIALLY OWNED: 442,155
(b) PERCENT OF CLASS: 5.9%
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) sole power to vote or to direct the vote:
- 0 -
(ii) shared power to vote or to direct the vote:
442,155
(iii) sole power to dispose or to direct the
disposition of: - 0 -
(iv) shared power to dispose or to direct the
disposition of: 442,155
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable.
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. DISSOLUTION OF GROUP
Not applicable.
ITEM 10. CERTIFICATION
Not applicable.
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SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
Date: February 1, 2000
/s/ Steven R. Green
______________________________________
Steven R. Green
Blackwater Capital Partners, L.P.
By: /s/ Steven R. Green
___________________________________
Steven R. Green, General Partner
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