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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
(AMENDMENT NO. 1)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
SILVERTHORNE PRODUCTION COMPANY
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(Name of Issuer)
Common Stock $.0001 par value per share
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(Title of Class of Securities)
82845R
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(CUSIP NUMBER)
ERIC J. SUNDSVOLD
SUSAN K. SUNDSVOLD
5121 S. IRONTON STREET, ENGLEWOOD, COLORADO 80111
(303) 694-0465
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
JUNE 12, 1998
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(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a Statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D and is filing
this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g),
check the following box [__].
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SCHEDULE 13D
Page 2 of 6 CUSIP NO. 82845R
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Eric J. Sundsvold
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions): PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(E) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION: U.S.A.
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NUMBER OF SHARES (7) SOLE VOTING POWER 2,149,480
BENEFICIALLY OWNED (8) SHARED VOTING POWER 0
BY EACH REPORTING (9) SOLE DISPOSITIVE POWER 2,149,480
PERSON WITH (10) SHARED DISPOSITIVE POWER 0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 2,149,480
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.6%
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14 TYPE OF REPORTING PERSON (See Instructions): IN
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SCHEDULE 13D
Page 3 of 6 CUSIP NO. 82845R
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Susan K. Sundsvold
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions): PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(E) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION: U.S.A.
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NUMBER OF SHARES (7) SOLE VOTING POWER 0
BENEFICIALLY OWNED (8) SHARED VOTING POWER 0
BY EACH REPORTING (9) SOLE DISPOSITIVE POWER 0
PERSON WITH (10) SHARED DISPOSITIVE POWER 0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 0
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0%
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14 TYPE OF REPORTING PERSON (See Instructions): IN
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SCHEDULE 13D
Page 4 of 6 CUSIP NO. 82845R
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ITEM 1.
The title of the class of equity securities to which this statement
relates is shares of Common Stock, $.001 value (the "Shares"), of Silverthorne
Production Company (the "Issuer").
The name and address of principal executive offices of the Issuer are:
Silverthorne Production Company
16053 Via Viajera
Rancho Santa Fe, California 92091
ITEM 2. IDENTIFY AND BACKGROUND
During the last five year none of the foregoing persons: (i) has been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors) or (ii) was a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such
proceeding was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to,
federal or state securities laws, or a finding of any violation with respect
to such laws. All of the persons are citizens of the United States of
America. The name, address and occupation of each is as follows:
(a) ERIC J. SUNDSVOLD - Stock Broker
5121 S. Ironton Street
Englewood, Colorado 80111
(b) SUSAN K. SUNDSVOLD - Homemaker
5121 S. Ironton Street
Englewood, Colorado 80111
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The consideration used to purchase the shares in the original Schedule
13D was certain real property located in the mountain subdivision of Indian
Mountain, Park County, Colorado, which was held in the name of David L.
Jackson for the benefit of certain individuals. The property had an estimated
fair market value of approximately $30,000. This property was exchanged for a
total of 1,960,931 shares of common stock. The group represented by Eric J.
Sundsvold and his family acquired a total of 392,200 of these shares.
On June 12, 1998, the Issuer issued 1,715,280 shares to Eric Sundsvold as
payment for accounts payable in the amount of $20,975.
ITEM 4. PURPOSE OF TRANSACTION
Not applicable.
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SCHEDULE 13D
Page 5 of 6 CUSIP NO. 82845R
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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) The number of shares, and the percentages thereof, of the 15,757,047
Shares outstanding as of June 12, 1998, beneficially owned by each person
named in Item 2 was as follows:
ERIC J. SUSAN K.
SUNDSVOLD SUNDSVOLD
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(a) Shares owned
directly 2,149,480 0
(b) Additional
shares owned 0 0
beneficially
(c) Total 2,149,480 0
(d) Percentage 13.6% 0
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF ISSUER
There are no contracts, arrangements, understandings or relationships
(legal or otherwise) among the persons named in Item 2 and between such
persons and any person with respect to any securities of the Company,
including, but not limited to, transfer or voting of any of the securities of
the Company, finder's fees, joint ventures, loan or option arrangements, puts
or calls, guarantees of profits, division of profits or loss, or the giving or
withholding of proxies, or a pledge or contingency the occurrence of which
would give another person voting power or investment power over the securities
of the Company, except as follows: Eric J. Sundsvold and Susan Sundsvole are
husband and wife.
ITEM 7. MATERIALS TO BE FILED AS EXHIBITS.
None.
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SCHEDULE 13D
Page 6 of 6 CUSIP NO. 82845R
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
May 11, 1999
/s/ Eric J. Sundsvold
ERIC J. SUNDSVOLD