UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
Hart, John W.
1200 Prospect St. Suite 325, La Jolla, CA 92037
2. Date of Event Requiring Statement (Month/Day/Year)
07/23/99
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
SGI International (SGII)
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( )Director ( )10% Owner (X)Officer (give title below) ( )Other (specify below)
Vice President Marketing
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
__________________________________________________________________________
Table I -- Non-Derivative Securities Beneficially Owned
__________________________________________________________________________
1. Title of Security
Common Stock
__________________________________________________________________________
2. Amount of Securities Beneficially Owned
30,000
__________________________________________________________________________
3. Ownership Form: Direct (D) or Indirect (I)
(D)
__________________________________________________________________________
4. Nature of Indirect Beneficial Ownership
N/A
__________________________________________________________________________
__________________________________________________________________________
Table II -- Derivative Securities Beneficially Owned
__________________________________________________________________________
1. Title of Derivative Security
Incentive Stock Options and Warrants to purchase common stock
__________________________________________________________________________
2. Date Exercisable and Expiration Date (Month, Day, Year)
Expiration Date: Date Exercisable:
Warrants: (A) 12/31/03 11/16/99
Options (B) 04/01/04 04/01/00
__________________________________________________________________________
3. Title and Amount of Securities Underlying Derivative Security
Title: Common Stock
Amount or Number of Shares:
Warrants: (A) 35,000 shares
Options: (B) 15,000 shares
__________________________________________________________________________
4. Conversion or Exercise Price of Derivative Security
Warrants: (A) $0.350
Options: (B) $0.125
__________________________________________________________________________
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
All warrants and incentive stock options (D)
__________________________________________________________________________
6. Nature of Indirect Beneficial Ownership
N/A
__________________________________________________________________________
Explanation of Responses:
(1) Incentive stock options are exercisable only after the underlying stock is
registered or after the passage of one year.
/s/ JOHN W. HART July 29, 1999
- ----------------------------- ---------------
Signature of Reporting Person Date