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
Donlou, George E.
2. Date of Event Requiring Statement (Month/Day/Year)
04/13/99
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) (X)Other (specify below)
Vice President Finance/Controller
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
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Table I -- Non-Derivative Securities Beneficially Owned
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1. Title of Security
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2. Amount of Securities Beneficially Owned
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3. Ownership Form: Direct (D) or Indirect (I)
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4. Nature of Indirect Beneficial Ownership
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Table II -- Derivative Securities Beneficially Owned
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1. Title of Derivative Security
Incentive Stock Options and Warrants
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2. Date Exercisable and Expiration Date (Month, Day, Year)
Expiration Date: Date Exercisable:
Warrants (A) 12/31/01 Immediately
Options (B) 09/07/07 Immediately
(C) 01/03/03 Immediately
(D) 04/21/03 Immediately
(E) 10/01/03 10/01/99
(F) 04/01/04 04/02/00
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3. Title and Amount of Securities Underlying Derivative Security
Title: Warrants & Options
Amount or Number of Shares:
Warrants: (A) 100,000 shares
Options: (B) 15,000 shares
(C) 20,000 shares
(D) 25,000 shares
(E) 10,000 shares
(F) 50,000 shares
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4. Conversion or Exercise Price of Derivative Security
Warrants: (A) $1.03
Options: (B) $1.03
(C) $0.8437
(D) $0.6250
(E) $0.265
(F) $0.125
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5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
All warrants and incentive stock options (D)
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6. Nature of Indirect Beneficial Ownership
N/A
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Explanation of Responses:
(1) Incentive stock options are exercisable only after the underlying stock is
registered or after the passage of one year.
