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
WETTREICH ZARA
(Last)
(First) (Middle)
2415 Midway Road, Ste. 121
(Street)
Carrollton
TX
75006
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
10/98
5. If Amendment,
Date of Original
(Month/Year)
6. Relationship of Reporting Person to Issuer (Check all
applicable)
_____Director _____10% Owner
_____Officer (give _____Other (specify
title below)
below)
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)
60,366 (I)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
I
7. Nature of Indirect Beneficial Ownership (Instr. 4)
See note
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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)
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 300,000
8. Price of Derivative Security (Instr.5).
9. Number of Derivative Securities Beneficially Owned at
End of Month (Instr. 4)
300,000
10. Ownership Form of Derivative Security: Direct (D) or
Indirect (I) (Instr. 4)
I
11. Nature of Indirect Beneficial Ownership (Instr. 4)
See note.
Explanation of Responses: The reporting person may be deemed
to be part of a group though there is no agreement to act as
such. Along with her children they own Alexander Mark
Capital Ltd. ("AMC") which owns all the outstanding shares
of AM Investments Ltd. ("AMI") which owns 57,633 shares of
the Issuer. They also own Alexander Mark Securities, Ltd.
("AMS") which owns 2,733 common shares of the Issuer. Her
husband is the Director of the Issuer, AMC and AMI, and
individually owns options to purchase 300,000 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.
BY: /S/ ZARA WETTREICH
ZARA WETTREICH
