SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(Amendment No. )(1)
SEMICON TOOLS, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
0008166321
(CUSIP Number)
April 9, 1998
(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)
- ---------------
(1) 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).
Page 1 of 8 Pages
<PAGE>
CUSIP No. 0008166321 13G Page 2 of 8 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON(S)
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(S)
ALAN GELBAND COMPANY, INC.
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Florida
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 1,200,000
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH 1,200,000
--------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,200,000
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.6%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 8 Pages
<PAGE>
CUSIP No. 0008166321 13G Page 3 of 8 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON(S)
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(S)
ALAN GELBAND
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 1,780,000
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH 1,780,000
--------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,780,000
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.3%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 8 Pages
<PAGE>
CUSIP No. 0008166321 13G Page 4 of 8 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON(S)
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(S)
ALAN GELBAND COMPANY, INC. DEFINED CONTRIBUTION PENSION PLAN AND TRUST
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Florida
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 450,000
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH 450,000
--------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
450,000
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.2%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
EP
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 8 Pages
<PAGE>
Item 1(a). Name of Issuer:
SEMICON TOOLS, INC.
Item 1(b). Address of Issuer's Principal Executive Offices:
111 Business Park Drive, Armonk, New York 10504
Item 2(a). Name of Persons Filing:
This Schedule 13G is filed on behalf of a group comprised of (i)
Alan Gelband Company, Inc., (ii) Alan Gelband and (iii) The Alan
Gelband Company, Inc. Defined Contribution Pension Plan and Trust
(collectively, the "Reporting Person").
Item 2(b). Address of Principal Business Office or, if none, Residence:
575 Madison Avenue
New York, NY 10022
Item 2(c). Citizenship:
Alan Gelband Company, Inc. is a Florida corporation and The Alan
Gelband Company, Inc. Defined Contribution Pension Plan and Trust
is a trust governed under the laws of the State of Florida. Alan
Gelband is a United States citizen.
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
0008166321
Item 3. Type of Reporting Person:
(a) - (j): Not Applicable
This statement is being filed pursuant to Rule 13d-1(c).
Item 4. Ownership:
(a) Amount Beneficially Owned:
Alan Gelband Company, Inc. beneficially owns 1,200,000
shares of Common Stock which represents shares of
Common Stock issuable upon exercise of options to
Page 5 of 8 Pages
<PAGE>
acquire 1,200,000 shares of Common Stock beginning on
June 9, 1998. The Alan Gelband Company, Inc. Defined
Contribution Pension Plan and Trust owns 450,000 shares
of Common Stock. Mr. Gelband is deemed the beneficial
owner of such shares by reason of his relationship as
principal stockholder of Alan Gelband Company, Inc. and
the sole trustee and sole beneficiary of The Alan
Gelband Company, Inc. Defined Contribution Pension Plan
and Trust. Mr. Gelband owns 130,000 shares of Common
Stock individually.
(b) Percent of Class:
8.3%
(c) Number of shares as to which such Reporting Person has:
(i) sole power to vote or to direct the vote:
1,780,000
(ii) shared power to vote or to direct the vote:
-0-
(iii) sole power to dispose or to direct the disposition
of:
1,780,000
(iv) shared power to dispose or to direct the
disposition of:
-0-
Items 5-9. Not Applicable
Page 6 of 8 Pages
<PAGE>
Item 10. By signing below each of the undersigned certifies that, to the
best of its or his knowledge and belief, the securities referred
to above were not acquired and are not held for the purpose of or
with effect to changing or influencing the control of the issuer
of such 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
After reasonable inquiry and to the best of each of the undersigned's
knowledge and belief, each of the undersigned certifies that the information set
forth in this statement is true, complete and correct.
Date: April 17, 1998
ALAN GELBAND COMPANY, INC.
By: /s/ Alan Gelband
------------------------------
Alan Gelband, President
THE ALAN GELBAND COMPANY,
INC. DEFINED CONTRIBUTION
PENSION PLAN AND TRUST
By: /s/ Alan Gelband
------------------------------
Alan Gelband, Trustee
/s/ Alan Gelband
----------------------------------
ALAN GELBAND
Page 7 of 8 Pages
<PAGE>
EXHIBIT A
Pursuant to Rule 13d-1(k)(1) promulgated by the Securities and Exchange
Commission, the undersigned agree that the statement to which this Exhibit is
attached is filed on their behalf and in the capacities set forth below.
Date: April 17, 1998
ALAN GELBAND COMPANY, INC.
By: /s/ Alan Gelband
------------------------------
Alan Gelband, President
THE ALAN GELBAND COMPANY,
INC. DEFINED CONTRIBUTION
PENSION PLAN AND TRUST
By: /s/ Alan Gelband
------------------------------
Alan Gelband, Trustee
/s/ Alan Gelband
----------------------------------
ALAN GELBAND
Page 8 of 8 Pages
