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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
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SweetWater, Inc.
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(Name of Issuer)
Common Stock, par value $0.001 per share
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(Title of Class of Securities)
870 534 104
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 5 pages
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CUSIP No. 870 534 104 13G Page 2 of 5 Pages
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Swiss Army Brands, Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES 611,000
BENEFICIALLY -------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH -------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 611,000
WITH -------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
611,000
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
19.9%
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12 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 5 pages
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Item 1(a). Name of Issuer:
SweetWater, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
2505 Trade Center Avenue
Longmont, Colorado 80503
Item 2(a). Name of Person Filing:
Swiss Army Brands, Inc.
Item 2(b). Address of Principal Business Office or, if none,
Residence:
One Research Drive
Shelton, Connecticut 06484
Item 2(c). Citizenship:
Delaware
Item 2(d). Title of Class of Securities:
Common Stock, par value $0.001 per share
Item 2(e). CUSIP Number:
870 534 104
Item 3. If this statement is filed pursuant to Rule 13d-1(b) or
13d-2(b), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under section 15
of the Act
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in section
3(a)(19) of the Act
(d) [ ] Investment Company registered under section 8
of the Investment Company Act
(e) [ ] Investment Advisor registered under section
203 of the Investment Advisors Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee Retirement
Income Security Act of 1974 or Endowment Fund; see
'SS'240.13d-1(b)(1)(ii)(F)
Page 3 of 5
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(g) [ ] Parent Holding Company, in accordance with
'SS'240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) [ ] Group, in accordance with 'SS'240.13d-1
(b)(1)(ii)(H)
Item 4. Ownership.
(a) Amount Beneficially Owned:
611,000
(b) Percent of Class:
19.9%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the
vote:
611,000
(ii) Shared power to vote or direct the
vote:
-0-
(iii) Sole power to dispose or direct the
disposition of:
611,000
(iv) Shared power to dispose or direct the
disposition of:
-0-
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as
of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [ ].
Page 4 of 5
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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 Holding Company.
Not Applicable.
Item 8. Identification and Classification of Members of the
Group.
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certification.
Not Applicable.
SIGNATURE
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.
Date: January 14, 1997
SWISS ARMY BRANDS, INC.
By: /s/ THOMAS M. LUPINSKI
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Thomas M. Lupinski
Senior Vice President and
Chief Financial Officer
Page 5 of 5
STATEMENT OF DIFFERENCES
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The section symbol shall be expressed as .... 'SS'.