UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
ASA INTERNATIONAL LTD.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
001912 20 3
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ], (A fee
is not required only if the filing person: (1) has a previous statement on
files 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).
*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 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).
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CUSIP No. 001912 20 3 Page 2 of 6 Pages
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SCHEDULE 13G
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
TradePoint Systems, LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New Hampshire
5 SOLE VOTING POWER
0
NUMBER OF
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 665,597
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
665,597
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
20.2%
12 TYPE OF REPORTING PERSON (See Instructions)
CO
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CUSIP No. 001912 20 3 Page 3 of 6 Pages
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ITEM 1(A). NAME OF ISSUER.
ASA International Ltd.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
10 Speen Street, Framingham, Massachusetts 01701
ITEM 2(A). NAME OF PERSON FILING.
TradePoint Systems, LLC
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE:
615 Amherst Street, Nashua, New Hampshire 03063
ITEM 2(C). CITIZENSHIP OR PLACE OF ORGANIZATION:
New Hampshire
ITEM 2(D). TITLE OF CLASS OF SECURITIES.
Common Stock
ITEM 2(E). CUSIP NO.
001912 20 3
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR
13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or Dealer registered under Section 15 of the
Act
(b) [ ] Bank as defined in section 3(a) (6) ofthe Act
(c) [ ] Insurance Company as defined in section 3(a) (19) of
the Act
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CUSIP No. 001912 20 3 Page 4 of 6 Pages
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(d) [ ] Investment Company registered under section 8 of the
Investment Company Act
(e) [ ] Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund
(g) [ ] Percent Holding Company, in accordance with
ss.240.13d-1 (b) (ii) (G)
(h) [ ] Group, in accordance with
ss.240.13d-1 (b) (1) (ii) (H)
ITEM 4. OWNERSHIP.
(a) Amount Beneficially Owned As Of December 31, 1997:
665,597 shares of Common Stock. This amount includes
all shares held by TradePoint Systems, all shares of
which have been pledged to secure certain
obligations of TradePoint Systems. The voting power
for all shares held by TradePoint Systems has been
transferred to Alfred C. Angelone, the President,
Chairman, and Chief Executive Officer of the Issuer.
(b) Percent of Class:
20.2%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
0 shares of Common Stock
(ii) Shared power to vote or to direct the vote:
0 shares
(iii) Sole power to dispose or to direct the
disposition of:
665,597 shares of Common Stock. This amount
includes all shares held by TradePoint
Systems, all shares of which have been
pledged to secure certain obligations of
TradePoint Systems. The voting power for
all shares held by TradePoint Systems has
been transferred to Alfred C. Angelone, the
President, Chairman, and Chief Executive
Officer of the Issuer.
(iv) Shared power to dispose or to direct the
disposition of:
0 shares.
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CUSIP No. 001912 20 3 Page 5 of 6 Pages
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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. [ ]
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. CERTIFICATION.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such purposes or effect.
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CUSIP No. 001912 20 3 Page 6 of 6 Pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, each
of the undersigned certifies that the information set forth in this statement is
true, complete and correct.
February 11, 1998
(Date)
/s/ CHRISTOPHER J. CRANE, PRESIDENT
(Signature)
CHRISTOPHER J. CRANE, PRESIDENT
(Name)
