UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
AMENDMENT NO. 1
to
SCHEDULE 13D
Under the Securities Exchange Act of 1934
COSTA RICA INTERNATIONAL, INC.
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(Name of issuer)
COMMON STOCK, $.001 PAR VALUE
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(Title of class of securities)
221595101
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(CUSIP number)
ROBERT L. GROSSMAN, ESQ.
GREENBERG, TRAURIG, HOFFMAN,
LIPOFF, ROSEN & QUENTEL, P.A.
1221 BRICKELL AVENUE
MIAMI, FLORIDA 33131
(305) 579-0756
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(Name, address and telephone number of person
authorized to receive notices and communications)
JULY 8, 1998
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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
[ ].
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.)
(Page 1 of 8 Pages)
<PAGE>
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CUSIP No. 221595101 SCHEDULE 13D Page 2 of 8 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CALIXTO CHAVES ZAMORA
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a]
[X]
(b)
[ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO - Corporate Reorganization - as originally filed.
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e)
[ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
REPUBLIC OF COSTA RICA
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NUMBER OF 7 SOLE VOTING POWER -0-
SHARES ---------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 5,979,945
OWNED BY ---------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER -0-
REPORTING ---------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER 5,979,945
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,979,945
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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)
26.9%
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14 TYPE OF REPORTING PERSON
IN
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<PAGE>
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CUSIP No. 221595101 SCHEDULE 13D Page 3 of 8 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ASTIBOS DE BELEN, S.A.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a]
[X]
(b)
[ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e)
[ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
REPUBLIC OF COSTA RICA
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NUMBER OF 7 SOLE VOTING POWER -0-
SHARES ---------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 2,583,945
OWNED BY ---------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER -0-
REPORTING ---------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER 2,583,945
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,583,945
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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)
11.6%
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14 TYPE OF REPORTING PERSON
CO
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<PAGE>
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CUSIP No. 221595101 SCHEDULE 13D Page 4 of 8 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
INVERSIONES LEYTOR, S.A.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a]
[X]
(b)
[ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO - Corporate Reorganization.
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e)
[ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
REPUBLIC OF COSTA RICA
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NUMBER OF 7 SOLE VOTING POWER -0-
SHARES ---------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 2,500,000
OWNED BY ---------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER -0-
REPORTING ---------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER 2,500,000
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,500,000
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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)
11.2%
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14 TYPE OF REPORTING PERSON
CO
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<PAGE>
1 SECURITY AND ISSUER.
This statement on Schedule 13D relates to the shares of the common
stock, $.001 par value ("Common Stock"), of Costa Rica International,
Inc., a Nevada corporation (the "Company"). The address of the
Company's principal executive offices is 95 Merrick Way, Suite 507,
Coral Gables, Florida 33134.
2 IDENTITY AND BACKGROUND.
(a) This statement is being filed on behalf of (1) Calixto Chaves
Zamora ("Chaves"), (2) Atisbos de Belen, S.A. ("Atisbos"), a
Costa Rican corporation owned 79% by Chaves and 21% by his
spouse, and (3) Inversiones Leytor, S.A. ("Leytor"), a Costa
Rican corporation wholly-owned by Chaves. Atisbos and Leytor
are investment holding companies for certain of the Common
Stock of the Company beneficially owned by Chaves and, in the
case of Atisbos, his spouse.
(b) The business address of Chaves is 95 Merrick Way, Suite 507,
Coral Gables, Florida 33134. The business address and
principal office of both Atisbos and Leytor is Barrio
Escalante de Cine Magaly, 400 Metros Este, San Jose, Costa
Rica.
(c) Chaves' principal occupation is Chairman, Chief Executive
Officer and a Director of the Company.
(d) None of Chaves, Atisbos nor Leytor have, in the last five
years, been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors).
(e) None of Chaves, Atisbos nor Leytor have, in the last five
years, been a party to a civil proceeding or a judicial or
administrative body of competent jurisdiction which resulted
in him or it being 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 by him or it with respect to
such laws.
(f) Chaves is a citizen of the Republic of Costa Rica. Atisbos and
Leytor are corporations organized under the laws of the
Republic of Costa Rica.
3 Source and Amount of Funds or Other Consideration.
No cash purchase price was paid by Chaves or Leytor in connection with
contractual relationship described in Item 4 of Chaves' original
Schedule 13D dated October 15, 1996. The shares reported therein were
acquired as a result of a corporate reorganization.
No cash purchase price was paid by either Chaves or Atisbos in
connection with the transfer of stock described in Item 4 of this
amended Schedule 13D.
4 PURPOSE OF TRANSACTION.
On July 8, 1998, Chaves and his spouse transferred to Atisbos 2,044,145
shares of Common Stock of the Company beneficially owned directly by
Chaves and 539,800 shares of Common Stock of the Company beneficially
owned directly by his spouse.
<PAGE>
Chaves was originally a shareholder in a Costa Rican corporation which
was acquired by the Company in April 1996 in a stock-for-stock
exchange, as reported on Chaves' original Schedule 13D filing dated
October 15, 1996. Pursuant to that stock-for-stock transaction, Leytor
also received 2,500,000 shares of the Company.
5 INTEREST IN SECURITIES OF ISSUER.
(a) (1) Chaves is currently the beneficial owner of 5,979,945
shares of Common Stock, constituting approximately 26.9% of
the shares of Common Stock outstanding as of July 8, 1998.
(2) Atisbos is currently the beneficial owner of 2,583,945
shares of Common Stock, constituting approximately 11.6% of
the shares of Common Stock outstanding as of July 8, 1998.
(3) Leytor is currently the beneficial owner of 2,500,000
shares of Common Stock, constituting approximately 11.2% of
the shares of Common Stock outstanding as of July 8, 1998.
(b) (1) Chaves has no sole voting power or dispositive power with
respect to any shares of Common Stock of the Company, and
shared voting power and dispositive power with respect to
5,979,945 shares of Common Stock of the Company. The 5,979,945
shares indirectly owned by Chaves are comprised of 2,583,945
shares owned by Atisbos, 896,000 shares owned by OCC, S.A., a
Costa Rican corporation owned equally by Chaves and his spouse
and 2,500,000 shares owned by Leytor.
(2) Atisbos has no sole voting power or dispositive power with
respect to any shares of Common Stock of the Company, and
shared voting power and dispositive power with respect to
2,583,945 shares of Common Stock of the Company. The 2,583,945
shares of Common Stock which Atisbos shares voting and
dispositive power is indirectly controlled 79% by Chaves and
21% by his spouse.
(3) Leytor has no sole voting power or dispositive power with
respect to any shares of Common Stock of the Company, and
shared voting power and dispositive power with respect to
2,500,000 shares of Common Stock of the Company. All 2,500,000
shares of Common Stock owned by Leytor is indirectly
controlled by Chaves, its sole shareholder and director.
(c) Other than as disclosed above in Items 4 and 5, none of
Chaves, Atisbos nor Leytor have engaged in any transactions
with respect to the Common Stock during the past 60 days.
(d) No other person has a right to receive or the power to direct
the receipt of dividends from, or the proceeds from the sale
of, Chaves' Common Stock.
6 CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
Except as described above in Items 4 and 5, none of Chaves, Atisbos nor
Leytor have entered into any contractual relationship with respect to
any securities of the Issuer.
<PAGE>
7 MATERIAL TO BE FILED AS EXHIBITS.
Agreement and Plan of Reorganization for Acquisition of Shares, dated
April 30, 1996 (incorporated herein by reference to Chaves' original
Schedule 13D filing, dated as of October 15, 1996).
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
JULY 17, 1998
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(Date)
/s/ CALIXTO CHAVES Z.
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Calixto Chaves Z.
ATISBOS DE BELEN, S.A.
By: /s/ CALIXTO CHAVES Z.
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Calixto Chaves Z., President
Inversiones Laytor, S.A.
By: /s/ CALIXTO CHAVES Z.
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Calixto Chaves Z., President
