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
Name and Address of Reporting Person
AM Investments, Ltd.
(Last) (First) (Middle)
Watson House, 54 Baker Street
(Street)
London England W1M 1DJ
(City) (State) (Zip)
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)
__Director _____10% owner
_____Officer (give title below) _____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
Transaction Date (Month/Day/ Year)
Transaction Code (Instr. 8)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3,4 and 5)
Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
57,633 (D)
137,693(I)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
57,633 (D)
137,693(I)
7. Nature of Indirect Beneficial Ownership(Instr.4)
See note
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
Title of Derivative Security (Instr. 3)
Options
Conversion or Exercise Price of Derivative Security
Transaction Date (Month/ Day/ Year)
Transaction Code (Instr. 8)
Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3,4,
and 5)
Date Exercisable and Expiration Date (Month/Day/Year)
Title and Amount of Underlying Securities (Instr. 3 and 4)
Title Amount or Number of Shares
Common Shares 379,375
Price of Derivative Security (Instr.5).
Number of Derivative Securities Beneficially Owned at End of Month (Instr. 4)
379,375 (I)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr.
4)
379,375 (I)
Nature of Indirect Beneficial Ownership (Instr. 4)
See note.
Explanation of Responses: The reporting person owns 57,633 common shares of the
Issuer. The reporting person could be deemed to be part of a group though there
is no agreement to act as such. A Director of the reporting person, Daniel
Wettreich, is a Director of Wettreich Financial Consultants, Inc. ("WFC") which
owns 25,000 shares of the Issuer, Forme Capital, Inc. ("FORME") which owns
16,250 shares, Meteor Technology, plc ("MT") which owns 80,960 common shares of
the Issuer, and of Alexander Mark Capital, Ltd. ("AMC") which owns all the
shares of the reporting person. AMC is owned by Mr. Wettreich, his wife and
children. AMC also owns Alexander Mark Securities, Ltd., which owns 2,733
shares of the Issuer. Mr. Wettreich owns 11,250 shares of the Issuer and
options to purchase 300,000 shares of the Issuer. Jeanette Fitzgerald is a
Director of the Issuer, MT, FORME, and WFC and owns 1,500 shares and options to
purchase 79,375 shares. The reporting person disclaims any beneficial ownership
in any shares not owned directly by it. Registrant effected a 1 for 40 Reverse
Stock Split on all outstanding common shares and options effective July 15,
1997.
shares and options effective July 15, 1997.