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OMB APPROVAL
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OMB Number: 3235-0145
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Under the Securities Exchange Act of 1934
(Amendment No. ___)*
SCHEDULE 13D
Digital Communications Technology Corporation
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(Name of Issuer)
COMMON
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(Title of Class of Securities)
25 3825 10 2
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(CUSIP Number)
Kevin B. Halter
16910 Dallas Parkway, Suite 100, Dallas, Texas 75248
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
January 14, 1999
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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 ___.
Check the following box if a fee is being paid with the statement . (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 filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*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 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).
SEC 1746 (9-88) 1 of 4
<PAGE>
SCHEDULE 13D
CUSIP No. 25 3825 10 2
Page 2 of 4 Pages
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1 NAME OF REPORTING PERSON
Douglas E. McElroy
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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 SOURCE OF FUNDS* 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 7 SOLE VOTING POWER
SHARES BENEFICIALLY 75,100
OWNED BY EACH -----------------------------------------------------
REPORTING 8 SHARED VOTING POWER
PERSON 0
WITH ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
75,100
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10 SHARED DISPOSITIVE POWER
0
- - -----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
75,100
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.9
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14 TYPE OF REPORTING PERSON* IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 3 of 4
<PAGE>
Item 1. Security and Issuer
This Schedule 13D relates to the common stock, par value $.002 (the "Common
Stock") of Digital Communications Technology Corporation, a Delaware
corporation (the "Company"). The principal executive offices of the Company
are at 16910 Dallas Parkway, Suite 100, Dallas, Texas 75248.
Item 2. Identity and Background
(a) Douglas E. McElroy (the "Reporting Person")
(b) 11 Cambridge Blvd., Pleasant Ridge, MI 48069
(c) Director, Accounting Systems and Procedures, Textron Automotive Company
750 Stephenson Hwy, Troy, MI 48084
(d) The Reporting person has not, during the last five years, been convicted in
a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) The Reporting Person has not, during the last five years, been 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 finding any violation with respect to such laws.
(f) U.S.A.
Item 3. Source and Amount of Funds or Other Consideration
Between January 7, 1999 and January 14,1999, the Reporting Person, using
personal funds, purchased 75,100 shares of Common Stock in open market
transactions for $5,025, as follows:
Number of Shares
Date Purchased Purchase Price
1/13/99 35,000 $ 2,170.00
1/14/99 10,000 720.00
1/15/99 5,000 360.00
1/19/99 5,000 460.00
1/20/99 5,100 424.00
1/21/99 15,000 1,380.00
Item 4. Purpose of Transactions
The Reporting Person has acquired the Common Stock for investment purposes
only.
Item 5. Interest in Securities of the Issuer
(a) 75,100 shares of Common Stock are beneficially owned, directly or
indirectly, by the Reporting Person, or 9.9% of the Company's 754,000
issued and outstanding shares of Common Stock.
(b) The Reporting Person has the sole power to vote and dispose 75,100 shares
of Common Stock.
(c) There have been no transactions by the Reporting Person in the Common
Stock effected in the last sixty (60) days.
(d) and (e) Not applicable.
<PAGE>
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer
None.
Item 7. Material to Be Filed as Exhibits
None.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this Schedule 13D is
true, correct and complete.
/s/ Douglas E. McElroy
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Dated: February 1, 1999
