SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3 ) (1)
EDITEK, INC.
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(Name of issuer)
COMMON STOCK
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(Title of class of securities)
281068106
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(CUSIP number)
DAVID SELENGUT, c/o Singer, Bienenstock, Zamansky, Ogele & Selengut, LLP.
40 Exchange Place, New York, NY 10005 (212) 809-8550
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(Name, address and telephone number of person
authorized to receive notices and communications)
December 24, 1996
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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 Rule 13d-1 (b) (3) or (4), check the following
box o.
Check the following box if a fee is being paid with the statement X. (A
fee is not required only if the reporting 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.)
Note. Six copies of this statement, including all exhibits, should be file
with the Commission. See Rule 13d-1 (a) for other parties to whom copies are to
be sent.
(Page 1 of 3 Pages)
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(1) 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 disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 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>
CUSIP No. 281068106 13D/A Page 2 of 3 Pages
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Morgan Capital LLC
_______________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o
(b) o
_______________________________________________________________________________
3 SEC USE ONLY
_______________________________________________________________________________
4 SOURCE OF FUNDS*
PF
_______________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2 (e)
_______________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
_______________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
SHARES 3,308,727
_______________________________________________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
-0-
_______________________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
3,308,727
_______________________________________________________________________________
PERSON WITH 10 SHARED DISPOSITIVE POWER
-0-
_______________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,308,727
_______________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
_______________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.11%
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14 TYPE OF REPORTING PERSON*
00 Limited Liability Company
_______________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Page 3 of 3 Pages
Morgan Capital LLC ("Morgan" or the "Reporting Entity") hereby amends the
Statement on Schedule 13D as follows:
Item 5 is hereby amended as follows:
Interest in Securities of Issuer
Number of Shares - 3,308,727
Percentage of Shares - 13.11%
Reporting Entity sold 508,100 shares in the open market in the past
seventeen days at prices between 9/16 and 5/8.
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.
January 10, 1997
Morgan Capital LLC.
/s/ David Bistricer
BY:_____________________________
David Bistricer, Officer
