CIRCUIT SYSTEMS INC
SC 13D, 2000-06-13
PRINTED CIRCUIT BOARDS
Previous: ARIES VENTURES INC, SC 13D, 2000-06-13
Next: CIRCUIT SYSTEMS INC, SC 13D, 2000-06-13



                                                      OMB APPROVAL
                                               0MB Number:        3235-0145
                                               Expires:   November 30, 1999
                                               Estimated average burden
                                               hours per response.....14.90

                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington. D.C. 20549

                                 SCHEDULE 13G

                   Under the Securities Exchange Act of 1934
                             (Amendment No.______)*

                             Circuit Systems. Inc.
  --------------------------------------------------------------------------
                               (Name of issuer)

                          Common Stock, No Par Value
  --------------------------------------------------------------------------
                        (Title of Class of Securities)

                                 1729 17-10-7
                        ------------------------------
                                (CUSIP Number)

                                 June 4, 2000
  --------------------------------------------------------------------------
           (Date of Event Which Requires Filing of this Statement)

          Check the appropriate box to designate the rule pursuant to which
          this Schedule is filed:

             [ X ]  Rule 13d-1(b)
             [   ]  Rule 13d-1(c)
             [   ]  Rule 13d-1(d)

          * 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 stall be subject to all
          other provisions of the Act (however, see the Notes).

          Potential persons who are to respond to the collection of
          information contained in this form are not required to respond
          unless the form displays a currently valid OMB control number,


  SEC 1745 (11-99)

                               Page 1 of 6 pages
<PAGE>

      CUSIP No. 172917-10-7
  --------------------------------------------------------------------------
      1.  Names of Reporting Persons.
          I.R.S. Identification Nos. of above persons (entities only).

          Samir Patel

  --------------------------------------------------------------------------
      2.  Check the Appropriate Box if a Member of a Group (See Instructions)

           (a) _____________________________________________________________

           (b) _____________________________________________________________

  --------------------------------------------------------------------------
      3.  SEC use Only

  --------------------------------------------------------------------------
      4.  Citizenship or Place of Organization         United States

  --------------------------------------------------------------------------
      Number of         5.   Sole Voting Power         Samir Patel
      Shares Bene-
      ficially by       6.   Shared Voting Power       None
      Owned by Each
      Reporting         7.   Sole Dispositive Power    Samir Patel
      Person With:
                        8.   Shared Dispositive Power  None

  --------------------------------------------------------------------------
      9.  Aggregate Amount Beneficially Owned by Each Reporting Person

          468,042

     10.  Check if the Aggregate Amount in Row (11) Excludes Certain
          Shares (See Instructions)

     11.  Percent of Class Represented by Amount in Row (11)

  --------------------------------------------------------------------------
     12.  Type of reporting Person (See Instructions)

          IN

  --------------------------------------------------------------------------

                               Page 2 of 6 pages
<PAGE>

                         INSTRUCTIONS FOR SCHEDULE 13G

  Instructions for Cover Page

 (1) Names and I.R.S. Identification Numbers of Reporting Persons Furnish the
     full legal name of each person for whom the report is filed  i.e.,  each
     person required to sign the  schedule itself including each member of  a
     group.  Do not include the name of a person required to be identified in
     the report but who  is not a reporting  person.  Reporting persons  that
     are entities are also requested  to furnish their I.R.S.  identification
     numbers,  although  disclosure  of   such  numbers  is  voluntary,   not
     mandatory (see "SPECIAL  INSTRUCTIONS FOR COMPLYING  WITH SCHEDULE  13G"
     below).

 (2) If any of the shares beneficially  owned by a reporting person are  held
     as  a member  of a  group and  that  membership is  expressly  affirmed,
     please check row 2(a).  If the reporting person disclaims membership  in
     a group  or describes  a relationship with  other persons  but does  not
     affirm the existence of a group, please  check row 2(b) [unless it is  a
     joint filing pursuant to Rule 13d-1 (k)(1)  in which case it may not  be
     necessary to check row 2(b)].

 (3) The third row is for SEC internal use; please leave blank.

 (4) Citizenship or Place of  Organization  Furnish citizenship if the  named
     reporting  person Is  a  natural  person.  Otherwise, furnish  place  of
     organization

 (5)-(9), (11) Aggregate Amount Beneficially Owned  By Each Reporting Person,
     Etc. Rows  (5) through (9) inclusive,  and (11) are  to be completed  in
     accordance  with  the provisions  of  Item  4  of  Schedule  13G.    All
     percentages are to be rounded off to the nearest tenth (one place  after
     decimal point).

 (10) Check if the aggregate  amount reported as  beneficially owned in  row
     (9)  docs  not include  shares  as  to  which  beneficial  ownership  is
     disclaimed  pursuant  to  Rule  13d-4  (17  CFR  240.13d-4]  under   the
     Securities Exchange Act of 1934.

 (12) Type of  reporting Person   Please  classify each  "reporting  person"
     according to the  following breakdown (see Item  3 of Schedule 13G)  and
     place the appropriate symbol on the form:

                Category                              Symbol
             Broker Dealer                              BD
             Bank                                       BK
             Insurance Company                          IC
             Investment Company                         IV
             Investment Adviser                         IA
             Employee Benefit Plan, Pension Fund,
                or Endowment Fund                       EP
             Parent Holding Company/Control Person      HC
             Sayings Association                        SA
             Church Plan                                CP
             Corporation                                CO
             Partnership                                PN
             Individual                                 IN
             Other                                      OO


  Notes;
  Attach as many copies of the second part of the cover page as are needed,
  one reporting person per page.

     Filing persons may,  in order to  avoid unnecessary duplication,  answer
  items on the schedules  (Schedule 13D, 13G or  14D-l) by appropriate  cross
  references to an item  or items on  the cover page(s).   This approach  may
  only be used where the cover page item or items provide all the  disclosure
  required by the schedule item.  Moreover, such  a use of a cover page  item
  will result in  the item becoming  a part of  the schedule and  accordingly
  being considered as "filed"  for purposes of Section  18 of the  Securities
  Exchange Act or otherwise  subject to tile liabilities  of that section  of
  the Act.

     Reporting persons may comply  with their cover page filing  requirements
  by filing either  completed copies of  the blank forms  available from  the
  Commission, printed or  typed facsimiles, or  computer printed  facsimiles,
  provided the documents filed have identical formats to the forms prescribed
  in the Commission's regulations and  meet existing Securities Exchange  Act
  rules as to such matters as clarity and size (Securities Exchange Act  Rule
  12b-12).

             SPECIAL INSTRUCTIONS FOR COMPLYING WITH SCHEDULE 13G

     Under Sections 13(d),  13(g), and 23 of  the Securities Exchange Act  of
  1934 and the rules and regulations thereunder, the Commission is authorized
  to solicit the  information required  to be  supplied by  this schedule  by
  certain security holders of certain issuers.

                                Page 3 of 6 pages
<PAGE>


     Disclosure of the information  specified in this schedule is  mandatory,
  except for I.R.S. identification numbers, disclosure of which is voluntary.
  The information will  be used for  the primary purpose  of determining  and
  disclosing the  holdings of  certain beneficial  owners of  certain  equity
  securities.  This statement  will  be  made  a  matter  of  public  record.
  Therefore, any information given  will be available  for inspection by  any
  member of the public.

     Because of the public nature of the information, the Commission can  use
  it for  a variety  of purposes,  including referral  to other  governmental
  authorities or securities  self-regulatory organizations for  investigatory
  purposes or in connection with litigation involving the Federal  securities
  laws or other civil, criminal or regulatory statutes or provisions.  I.R.S.
  identification  numbers,  if  furnished,  will  assist  the  Commission  in
  identifying  security  holders  and,  therefore,  in  promptly   processing
  statements of beneficial ownership of securities.

     Failure to disclose the information requested  by this schedule,  except
  for I.R.S. identification numbers, may result in civil  or criminal  action
  against the persons involved for violation  of the Federal securities  laws
  and rules promulgated thereunder.

                             GENERAL INSTRUCTIONS

  A. Statements filed  pursuant to Rule  13d-1(b) containing the  information
     required by  this schedule  shall be filed  not later  than February  14
     following the calendar year covered by the statement or within the  time
     specified in Rules 13d-1(b)(2) and 13d-2(c).  Statements filed  pursuant
     to Rule 13d-1(c) shall be filed within the time specified in Rules  13d-
     1(c), 13d-2(b)  and 13d-2(d).   Statements filed pursuant  to Rule  13d-
     1(d) shall be  filed not later than  February 14 following the  calendar
     year covered by the statement pursuant to Rules 13d-1(d) and 13d-2(b).

  B. Information contained in a form which  is required to be filed by  rules
     under section  13(f) (15  U.S.C. 78m(f) for  the same  calendar year  as
     that covered  by a  statement on this  schedule may  be incorporated  by
     reference in response  to any of the  items of this  schedule.  If  such
     information is  incorporated by reference  in this  schedule, copies  of
     the relevant pages  of such form shall  be filed as  an exhibit to  this
     schedule.

  C. The item numbers  and captions of  the items shall  be included but  the
     text of the items is to be omitted.   The answers to the items shall  be
     so prepared  as to indicate  clearly the coverage  of the items  without
     referring to the text of the items.   Answer every item.  If an item  is
     inapplicable or the answer is in the negative, so state.

  Item 1.

     (a)    Name of Issuer   Circuit Systems Inc.

     (b)    Address of Issuer's Principal Executive Offices

            2400 East Lunt Avenue, Elk Grove Village, Illinois 60007

  Item 2.

     (a)    Name of Person Filing   Samir Patel

     (b)    Address of Principal Business Office or, if none, Residence

            2400 East Lunt Avenue, Elk Grove Village, Illinois 60007

     (c)    Citizenship   U. S.

     (d)    Title of Class of Securities    Common Stock

     (e)    CUSIP Number   172917-1O-7

  Item 3. If this statement is filed pursuant to S S 240.13d-1(b) or 240.13d-
  2(b) or (c), check whether the person filing is a:

    (a) [   ]    Broker or dealer registered under section 15 of the
                 Act (15 U.S.C. 78o).
    (b) [   ]    Bank as defined in section 3(a)(6) of the Act
                 (15 U.S.C. 78c).
    (c) [   ]    Insurance company as defined in section 3(a)(19)
                 of the Act (15 U.S.C. 78c).
    (d) [   ]    Investment company registered under section 8 of the
                 Investment Company Act of 1940 (15 U.S.C. 80a-8)
    (e) [   ]    An investment adviser in accordance with
                 S 240.13d-1(b)(1)(ii)(E);
    (f) [   ]    An employee benefit plan or endowment fund in accordance
                 with S 240.13d-1(b)(1)(ii)(F);
    (g) [   ]    A parent holding company or control person in accordance
                 with S 240.13d-1(b)(1)(ii)(G);
    (h) [   ]    A savings associations as defined in. Section 3(b) of the
                 Federal Deposit Insurance Act (12 U.S.C. 1813);
    (i) [   ]    A church plan that is excluded from the definition of an
                 investment company under section 3(c)(14) of the Investment
                 Company Act of 1940 (15 U.S.C. 80a-3);

                               Page 4 of 6 pages
<PAGE>

    (j)  [   ]   Group, in accordance with S 240.13d-1(b)(1)(ii)(J).

    Item 4. Ownership.

      Provide the  following information regarding  the aggregate number  and
    percentage of the class of securities of the issuer identified in Item 1.

      (a) Amount beneficially owned:   468,042.00

      (b) Percent of class:   10.1%

      (c) Number of shares as to which the person has:

          (i)  Sole power to vote or to direct the vote   X  Samir Patel

         (ii)  Shared power to vote or to direct the vote

        (iii)  Sole power to dispose or to direct the disposition of
               X  Samir Patel

         (iv)  Shared power to dispose or to direct the disposition of


      Instruction.  For computations regarding securities which represent a
      right to acquire an underlying security see S 240.13d-3(d)(1).

    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   [   ]

    Instruction; Dissolution of a group requires a response to this item.

    Item 6. Ownership of More than Five Percent on Behalf of Another Person.

      If any other person is known to have the right to receive or the  power
    to direct the receipt  of dividends from, or  the proceeds from the  sale
    of, such securities,  a statement to  that effect should  be included  in
    response to this  item and, if  such interest relates  to more than  five
    percent of the class, such person should be identified.  A listing of the
    shareholders of  an investment  company registered  under the  Investment
    Company Act  of  1940 or  the  beneficiaries of  employee  benefit  plan,
    pension fund or endowment fund is not required.

    Item 7. Identification  and  Classification   of  the  Subsidiary   Which
            Acquired the Security Being Reported on  By  the  Parent  Holding
            Company

      If a parent holding  company has filed this schedule, pursuant to  Rule
    13d-1(b)(ii)(G), so  indicate  under  Item 3(g)  and  attach  an  exhibit
    stating the  identity  and the  Item  3 classification  of  the  relevant
    subsidiary.  If a parent holding company has filed this schedule pursuant
    to Rule  13d-1(c)  or  Rule  13d-1(d),  attach  an  exhibit  stating  the
    identification of the relevant subsidiary.

    Item 8. Identification and Classification of Members of the Group

      If   a  group  has   filed  this  schedule   pursuant  to  S   240.13d-
    1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating
    the identity and Item 3 classification of each member of the group.  If a
    group has filed this  schedule pursuant to S  240.13d-1(c) or S  240.13d-
    1(d), attach an exhibit stating the identity of each member of the group.

    Item 9. Notice of Dissolution of Group

      Notice  of  dissolution of  a  group may  be  furnished as  an  exhibit
    stating the date  of the dissolution  and that all  further filings  with
    respect to transactions  in the security  reported on will  be filed,  if
    required, by members  of the group,  in their individual  capacity.   See
    Item 5.

    Item 10. Certification

       (a)  The following certification shall be included if the statement is
            filed pursuant to S 240.13d-1(b):

                               Page 5 of 6 pages
<PAGE>

              By signing below  I certify that, to  the best of my  knowledge
              and belief, the securities referred to above were acquired  and
              are  held in  the  ordinary course  of  business and  were  not
              acquired  and are  not held  for the  purpose  of or  with  the
              effect of changing or influencing  the control of the issuer of
              the  securities and  were  not acquired  and  are not  held  in
              connection with or as  a participant in any transaction  having
              that purpose or effect.

       (b)  The following certification shall be included if the statement is
            filed pursuant to S 240.13d-1(c):

              By signing below  I certify that, to  the best of my  knowledge
              and belief, the securities referred to above were not  acquired
              and are  not held  for the  purpose of  or with  the effect  of
              changing  or influencing  the  control  of the  issuer  of  the
              securities  and  were  not   acquired  and  are  not  held   in
              connection with or as  a participant in any transaction  having
              that purpose or effect

                                   SIGNATURE

   Alter  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.
                                                   June 4, 2000
                                        -------------------------------------
                                                       Date

                                               /s/ Samir Patel
                                        -------------------------------------
                                                    Signature

                                                   Samir Patel
                                        -------------------------------------
                                                   Name/Title


    The original statement shall be signed by each person on whose behalf the
  statement is filed or his authorized  representative.  If the statement  is
  signed on behalf of a person by his authorized representative other than an
  executive officer or general partner of the filing person, evidence of  the
  representative's authority to sign on behalf of such person shall be  filed
  with the statement, provided,  however, that a power  of attorney for  this
  purpose which is already on file with the Commission may be incorporated by
  reference.  The name and any title  of each person who signs the  statement
  shall be typed or printed beneath his signature.

  NOTE:       Schedules filed in paper format shall include a signed original
  and five copies of the schedule, including all exhibits. See S 24.13d-7 for
  other parties for whom copies are to be sent.

     Attention:  Intentional misstatements or omissions of fact constitute
                 Federal criminal violations (See 18 U.S.C. 1001)


                               Page 6 of 6 pages



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission