United States Securities and Exchange Commission
Washington, DC 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Chatsworth Acquisition Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
162306 104
(CUSIP Number)
December 4, 1998
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
/ / Rule 13d-1(b)
/ x / Rule 13d-1(c)
/ / Rule 13d-1(d)
1. Names of Reporting Persons: Pierce Mill Associates, Inc.
Cassidy & Associates
James M. Cassidy
James M. Cassidy is the sole shareholder and director of Pierce Mill
Associates, Inc. and is the sole proprietor of Cassidy & Associates.
2. Check the appropriate box if a member of a group:
(a) /x/
(b)
3. SEC use only
4. Citizenship or place of organization
Pierce Mill Associates, Inc. Delaware corporation
Cassidy & Associates District of Columbia
sole proprietorship
James M. Cassidy Natural person, citizen of
the United States
5 -8. Sole Shared Sole Shared
Voting Voting Dispositive Dispositive
Power Power Power Power
Pierce Mill
Associates, Inc. 100,000 100,000
Cassidy & Associates 250,000 250,000
James M. Cassidy 350,000 350,000
9&11. Aggregate amount beneficially owned by each reporting
person and percent of class.
Aggregate amount
Beneficially Percent
Owned of Class
Pierce Mill Associates, Inc. 0 0% (1)
Cassidy & Associates 0 0% (1)
James M. Cassidy 350,000 1.16%
(1) James M. Cassidy is the sole shareholder and director of
Pierce Mill Associates, Inc. and is the sole proprietor of
Cassidy & Associates and is therefore deemed to be the
beneficial owner of the common stock held by each of these
entities.
10. Check box if aggregate amount in #9 excludes certain
shares. Not applicable.
12. Type of reporting Person
Pierce Mill Associates, Inc. CO
Cassidy & Associates OO (Sole proprietorship)
James M. Cassidy IN
Schedule 13G Part 2, page 1
Item 1(a) Name of Issuer: Chatsworth Acquisition Corporation
(b) Address of Issuer's Principal Executive Offices:
1504 R Street, NW
Washington DC 20009
Item 2(a) Name of Person Filing: James M. Cassidy
(b) Address of Principal Business or, if none, Residence:
1506 R Street, NW
Washington DC 20009
(c) Citizenship: United States
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 162306 104
Item 3. If statement is filed pursuant to Rule 13d-1(b) or 13d-2(b)
Not applicable
Item 4. Ownership
(a) Amount beneficially owned: 350,000 shares
(b) Percent of Class: 1.16%
(c) Number of Shares as to which such person has:
(i) sole power to vote or to direct the vote: 350,000
(ii) shares power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the
disposition of 350,000
(iv) shared power to dispose or to direct the
disposition of 0
Item 5. Ownership of Five Percent or Less of a Class X
Pursuant to a merger agreement with Americom
USA, Inc., the registrant redeemed 4,650,000 shares held
by Pierce Mill Associates, Inc. and issued 29,650,000
shares to holders of the outstanding stock of Americom USA, Inc.
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 Not applicable
Item 8. Identification and Classification of Members
of the Group
The group consists of James M. Cassidy, a natural person,
Pierce Mill Associates, Inc., a Delaware corporation of
which the sole shareholder and director is James M. Cassidy,
and Cassidy & Associates, a District of Columbia law firm of
which James M. Cassidy is the sole proprietor.
Item 9. Notice of Dissolution of Group: Not applicable
Item 10. Certification:
By signing below the undersigned certifies that, to the best
of its knowledge and belief, the securities referred to
above were acquired and are held in the ordinary course of
business and were not acquired and are not held for the
purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not
acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
After reasonable inquiry and to the best of its knowledge and
belief, the undersigned certifies that the information set forth in
this statement is true, complete and correct.
/s/ James M. Cassidy
Schedule 13G Part 2, page 3
Item 1(a) Name of Issuer: Chatsworth Acquisition Corporation
(b) Address of Issuer's Principal Executive Offices:
1504 R Street, NW
Washington DC 20009
Item 2(a) Name of Person Filing: Pierce Mill Associates, Inc.
(b) Address of Principal Business or, if none, Residence:
1504 R Street, NW
Washington DC 20009
(c) Citizenship: Delaware corporation
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 162306 104
Item 3. If statement is filed pursuant to Rule 13d-1(b) or 13d-2(b)
Not applicable
Item 4. Ownership
(a) Amount beneficially owned: 0 shares (1)
(b) Percent of Class: 0%
(c) Number of Shares as to which such person has:
(i) sole power to vote or to direct the vote 100,000
(ii) shared power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the
disposition of 100,000
(iv) shared power to dispose or to direct the
disposition of 0
(1) James M. Cassidy is the sole shareholder and director of
Pierce Mill Associates, Inc. and is therefore deemed to be
the beneficial owner of the 100,000 shares of common stock
held by it.
Item 5. Ownership of Five Percent or Less of a Class X
Pursuant to a merger agreement with Americom USA, Inc.
the registrant redeemed 4,650,000 shares owned by Pierce Mill
Associates, Inc. and issued 29,650,000 shares to holders of
the common stock of Americom USA, Inc.
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 Not applicable
Item 8. Identification and Classification of Members
of the Group
The group consists of James M. Cassidy, a natural person,
Pierce Mill Associates, Inc., a Delaware corporation of
which the sole shareholder and director is James M. Cassidy,
and Cassidy & Associates, a District of Columbia law firm of
which James M. Cassidy is the sole proprietor.
Item 9. Notice of Dissolution of Group: Not applicable
Item 10. Certification:
By signing below the undersigned certifies that, to the best
of its knowledge and belief, the securities referred to
above were acquired and are held in the ordinary course of
business and were not acquired and are not held for the
purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not
acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
After reasonable inquiry and to the best of its knowledge and
belief, the undersigned certifies that the information set forth in
this statement is true, complete and correct.
PIERCE MILL ASSOCIATES, INC.
By /s/ James M. Cassidy, Director
Schedule 13G Part 2, page 5
Item 1(a) Name of Issuer: Chatsworth Acquisition Corporation
(b) Address of Issuer's Principal Executive Offices:
1504 R Street, NW
Washington DC 20009
Item 2(a) Name of Person Filing: Cassidy & Associates,
a sole proprietorship of James M.
Cassidy who has sole voting control.
(b) Address of Principal Business or, if none, Residence:
1504 R Street, NW
Washington DC 20009
(c) Citizenship: District of Columbia
Sole proprietorship
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 162306 104
Item 3. If statement is filed pursuant to Rule 13d-1(b) or 13d-2(b)
Not applicable
Item 4. Ownership
(a) Amount beneficially owned: 0 shares (1)
(b) Percent of Class: 0%
(c) Number of Shares as to which such person has:
(i) sole power to vote or to direct the vote
250,000
(ii) shared power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the
disposition of 250,000
(iv) shared power to dispose or to direct the
disposition of 0
(1) James M. Cassidy is the sole proprietor of Cassidy &
Associates and is therefore deemed to be the beneficial
owner of the 250,000 shares of common stock held by it.
Item 5. Ownership of Five Percent or Less of a Class X
Pursuant to a merger agreement with Americom USA, Inc.,
on December 4, 1998, the registrant redeemed 4,650,000 shares of
the common stock of Pierce Mill Associates, Inc. and issued
29,650,000 shares of common stock to holders of the common
stock of Americom USA, Inc.
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 Not applicable
Item 8. Identification and Classification of Members of
the Group
The group consists of James M. Cassidy, a natural person,
Pierce Mill Associates, Inc., a Delaware corporation of
which the sole shareholder and director is James M. Cassidy,
and Cassidy & Associates, a District of Columbia law firm of
which James M. Cassidy is the sole proprietor.
Item 9. Notice of Dissolution of Group: Not applicable
Item 10. Certification:
By signing below the undersigned certifies that, to the best
of its knowledge and belief, the securities referred to
above were acquired and are held in the ordinary course of
business and were not acquired and are not held for the
purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not
acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
After reasonable inquiry and to the best of its knowledge and
belief, the undersigned certifies that the information set forth in
this statement is true, complete and correct.
CASSIDY & ASSOCIATES
By /s/ James M. Cassidy