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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 4)*
COLOROCS Information Technologies, Inc.
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(Name of Issuer)
Common Stock, No Par Value
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(Title of Class of Securities)
196807 30 9
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(CUSIP Number)
Frank J. Hanna, Jr., Route 1 Box 424-A,
Summerville, Georgia 30747 (770) 974-9849
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(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
August 21, 1997
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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 [ ].
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).
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SCHEDULE 13D
CUSIP NO. 196807 30 9 PAGE 2 OF 4 PAGES
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FRANK J. HANNA, JR.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
AF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
7 SOLE VOTING POWER
NUMBER OF 180,000
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 0
REPORTING
PERSON 9 SOLE DISPOSITIVE POWER
WITH
180,000
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
180,000
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.6%
14 TYPE OF REPORTING PERSON*
IN
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AMENDMENT NO. 3 TO STATEMENT
PURSUANT TO RULE 13D-1 AND RULE 13D-2
OF THE GENERAL RULES AND REGULATIONS
UNDER THE SECURITIES EXCHANGE ACT OF 1934
The following item of the Schedule 13D of Frank J. Hanna, Jr. (the
"Reporting Person") relating to the Common Stock, no par value (the "Common
Stock") of Colorocs Information Technologies, Inc. (the "Company") is amended to
the extent indicated below.
Item 5. Interest in Securities of the Issuer.
Item 5 is deleted in its entirety and amended by adding the following:
(a) The Reporting Person is the beneficial owner of 180,000 shares of
Common Stock, or approximately 8.6% of the 2,102,794 shares of Common Stock
outstanding as of May 10, 1997, after giving effect to the sale of an aggregate
of 29,625 shares of Common Stock described in (c) below.
(b) After giving effect to the sales described in (c) below, the following
is the number of shares of Common Stock for which the Reporting Person has:
(i) sole power to vote or direct the vote: 180,000
(ii) shared power to vote or direct the vote: none
(iii) sole power to dispose of or to direct the disposition of: 180,000
(iv) shared power to dispose of or to direct the disposition of: none
(c) The Reporting Person sold on the dates indicated below the number of
shares of Common Stock at the prices per share (excluding commissions) indicated
below, which sales were effected in open market transactions.
<TABLE>
<CAPTION>
Date Number of Shares Price
---- ---------------- -----
<S> <C> <C>
August 6, 1997 4,625 $1.75
August 21, 1997 25,000 $1.75
</TABLE>
(d) Not applicable.
(e) Not applicable.
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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.
Dated: August 22, 1997
/s/ Frank J. Hanna, Jr.
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FRANK J. HANNA, JR.
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