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OMB APPROVAL
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OMB Number: 3235-0145
Expires: August 31, 1999
Estimated average burden
hours per response...... 14.90
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2 )*
PACIFIC AEROSPACE & ELECTRONICS, INC.
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(Name of Issuer)
Common Stock, Par value $.001 per share
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(Title of Class of Securities)
693758104
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(CUSIP Number)
August 27, 1998
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(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] 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 shall 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 (3-98)
Page 1 of 6 pages
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CUSIP NO. 693758104
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(1) Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Liviakis Financial Communications, Inc. 68-0311399
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(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ X ]
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
California
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(5) Sole Voting Power
Number of 445,000
Shares --------------------------------------------------------
Beneficially (6) Shared Voting Power
Owned by --
Each --------------------------------------------------------
Reporting (7) Sole Dispositive Power
Person With: 445,000
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(8) Shared Dispositive Power
--
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
445,000
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(10) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares* [X]
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(11) Percent of Class Represented by Amount in Row (11)
2.8%
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(12) Type of Reporting Person (See Instructions)
CO
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Page 2 of 6 pages
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CUSIP NO. 693758104
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(1) Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Robert B. Prag
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(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ X ]
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
United States
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(5) Sole Voting Power
Number of 195,000
Shares --------------------------------------------------------
Beneficially (6) Shared Voting Power
Owned by 445,000
Each --------------------------------------------------------
Reporting (7) Sole Dispositive Power
Person With: 195,000
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(8) Shared Dispositive Power
445,000
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
640,000
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(10) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions)
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(11) Percent of Class Represented by Amount in Row (11)
4.0%
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(12) Type of Reporting Person (See Instructions)
IN
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Page 3 of 6 pages
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ITEM 1(a). NAME OF ISSUER:
Pacific Aerospace & Electronics, Inc., a Washington corporation.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
434 Olds Station Road, Wenatchee, Washington 98801.
ITEM 2(a). NAME(S) OF PERSON(S) FILING:
Liviakis Financial Communications, Inc. ("LFC")
Robert B. Prag ("RBP")
LFC and RBP are filing this Amended Statement on Schedule 13G jointly
pursuant to Rule 13d-1(k)(1). Attached to the original Statement as
Exhibit A is the Joint Filing Agreement of the members of the group
pursuant to Rule 13d-1(k)(iii).
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
2420 "K" Street, Suite 220, Sacramento, California 95816
ITEM 2(c). CITIZENSHIP:
LFC is a California corporation.
RBP is a citizen of the United States of America.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.001 per share
ITEM 2(e). CUSIP NUMBER:
693758104
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b) OR 13d-2(b) OR (c),
CHECK WHETHER THE PERSON FILING IS A:
Not applicable.
Page 4 of 6
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ITEM 4. OWNERSHIP.
(a) Amount beneficially owned as of September 3, 1998:
LFC: 445,000 shares
RBP: 640,000 shares
RBP reports the 445,000 shares owned by LFC as beneficially owned
by RBP but disclaims beneficial ownership of such shares, except
to the extent such beneficial ownership arises out of his service
as an officer and director of LFC.
(b) Percent of class:
LFC: 2.8%
RBP: 4.0%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote:
LFC: 445,000 shares
RBP: 195,000 shares
(ii) Shared power to vote or direct the vote:
LFC: --
RBP: 445,000 shares
(iii) Sole power to dispose or to direct the disposition of:
LFC: 445,000 shares
RBP: 195,000 shares
(iv) Shared power to dispose or direct the disposition of:
LFC: --
RBP: 445,000
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 persons have ceased to be the beneficial owners of more
than five percent of the class of securities, check the following [X]
Page 5 of 6
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ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATIONS.
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.
Dated: October 4, 1999 LIVIAKIS FINANCIAL COMMUNICATIONS, INC.
By: /s/John M. Liviakis
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John M. Liviakis, President
/s/Robert B. Prag
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Robert B. Prag
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