SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(AMENDMENT NO. 2)
UNDER THE SECURITIES EXCHANGE ACT 1934(1)
SETO HOLDINGS, INC.
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(Name of Issuer)
COMMON STOCK, $.001 PAR VALUE
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(Title of Class of Securities)
0008166321
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(CUSIP Number)
DECEMBER 31, 1999
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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-(c)
[_] Rule 13d-1(d)
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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 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.
<PAGE>
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1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Alan Gelband
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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NUMBER OF 5. SOLE VOTING POWER
SHARES N/A
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BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY -0-
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EACH 7. SOLE DISPOSITIVE POWER
REPORTING N/A
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PERSON 8. SHARED DISPOSITIVE POWER
WITH -0-
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
N/A
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
less than 5%
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12. TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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<PAGE>
SCHEDULE 13G
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Pursuant to Rule 13d-2 under the Securities Exchange Act of 1934 (the
"Exchange Act"), this Amendment No. 2 amends that certain Schedule 13G (the
"Schedule"), filed for an event of April 9, 1998 , and as amended by Amendment
No. 1 thereto by Alan Gelband, Alan Gelband Company, Inc. and Alan Gelband
Company, Inc. Defined Contribution Pension Plan and Trust with respect to the
common stock, par value $.001 per share ("Common Stock"), of Seto Holdings, Inc.
(formerly Semicon Tools, Inc., a Nevada corporation. Unless otherwise indicated
herein, capitalized terms used herein have the meanings ascribed to them in the
Schedule. Except as otherwise expressly indicated below, the information
contained in the Schedule, as amended to date, remains in effect.
ITEM 1(A). NAME OF ISSUER:
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Seto Holdings, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL BUSINESS OFFICES:
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554 North State Road
Briarcliff Manor, New York 10510
ITEM 2(A). NAME OF PERSON FILING:
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Alan Gelband ("Gelband")
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE:
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575 Madison Avenue, 7th Floor
New York, New York 10022
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
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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
|X|
ITEM 10. CERTIFICATION.
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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 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.
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<PAGE>
SIGNATURE
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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.
Date: February 7, 2000
/s/ Alan Gelband
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Alan Gelband
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