FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of
1940
1. Name and Address of Reporting Person
WOLFE ALLAN
Last) (First) (Middle)
172 Route 101, Ste. D-5
(Street)
Bedford NH 03110
City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CAMELOT CORPORATION CAML
3. IRS or Social Security
Number of Reporting
Person (Voluntary)
4. Statement for
Month/Year
10/97
5. If Amendment,
Date of Original
(Month/Year)
6. Relationship of Reporting Person to Issuer (Check all applicable)
___x__Director _____10% Owner
_____Officer (give title) _____Other (specify)
Could be deemed to be part of a group
________________________
Table 1 - New-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)
Common Stock
2. Transaction Date (Month/Day/ Year)
3. Transaction Code (Instr. 8)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3,4 and 5)
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
250
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D
7. Nature of Indirect Beneficial Ownership (Instr. 4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)
Options
2. Conversion or Exercise Price of Derivative Security
3. Transaction Date (Month/ Day/ Year)
4. Transaction Code (Instr. 8)
5. Number of Derivative Securities Acquired(A)or Disposed of(D)(Instr.3,4,and
5)
5,000 A
6. Date Exercisable and Expiration Date (Month/Day/Year)
7. Title and Amount of Underlying Securities (Instr. 3 and 4)
Title Amount or Number of Shares
Common Shares 10750
8. Price of Derivative Security (Instr.5).
9. Number of Derivative Securities Beneficially Owned at End of Month (Instr.
4)
10750
10. Ownership Form of Derivative Security: Direct(D) or Indirect(I) Instr. 4)
D
11. Nature of Indirect Beneficial Ownership (Instr. 4)
Explanation of Responses:
The Registrant had a 1-40 reverse stock split adjusting the outstanding options
and common shares effective July 15, 1997.
