UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
Conversion Technologies International Inc.
__________________________________
(Name of Issuer)
Common Stock
_____________________________
(Title of Class of Securities)
212546 10 5
________________________
CUSIP Number
February 14, 2000
________________________
(Date of Event Which Requires Filing of this Statement)
____________________________________________________________
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
[X] Rule 13d-1 (b)
[ ] 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 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 the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
<PAGE>
CUSIP No. 212546 10 5 Page 2 of 9
_________________________________________________________________
(1) NAME OF REPORTING PERSON.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Technology Funding Partners III, LP
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_________________________________________________________________
(5) SOLE VOTING POWER -0-
NUMBER OF SHARES
BENEFICIALLY OWNED (6) SHARED VOTING POWER 69,180
BY EACH REPORTING
PERSON WITH (7) SOLE DISPOSITIVE POWER -0-
(8) SHARED DISPOSITIVE POWER 69,180
__________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
69,180
_________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
_________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.91%
_________________________________________________________________
(12) TYPE OF REPORTING PERSON*
PN
_________________________________________________________________
<PAGE>
CUSIP No. 212546 10 5 Page 3 of 9
_________________________________________________________________
(1) NAME OF REPORTING PERSON.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Technology Funding Partners V, An Aggressive Growth Fund, LP
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_________________________________________________________________
(5) SOLE VOTING POWER -0-
NUMBER OF SHARES
BENEFICIALLY OWNED (6) SHARED VOTING POWER 207,547
BY EACH REPORTING
PERSON WITH (7) SOLE DISPOSITIVE POWER -0-
(8) SHARED DISPOSITIVE POWER 207,547
_________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
207,547
_________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
_________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.74%
________________________________________________________________
(12) TYPE OF REPORTING PERSON*
PN
_________________________________________________________________
<PAGE>
CUSIP No. 212546 10 5 Page 4 of 9
_________________________________________________________________
(1) NAME OF REPORTING PERSON.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Technology Funding Inc.
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
California
_________________________________________________________________
(5) SOLE VOTING POWER -0-
NUMBER OF SHARES
BENEFICIALLY OWNED (6) SHARED VOTING POWER 276,727
BY EACH REPORTING
PERSON WITH (7) SOLE DISPOSITIVE POWER -0-
(8) SHARED DISPOSITIVE POWER 276,727
_________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
276,727
_________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
_________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.66%
_________________________________________________________________
(12) TYPE OF REPORTING PERSON*
IA,CO
_________________________________________________________________
PAGE>
CUSIP No. 212546 10 5 Page 5 of 9
_________________________________________________________________
(1) NAME OF REPORTING PERSON.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Technology Funding Ltd.
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
California
_________________________________________________________________
(5) SOLE VOTING POWER -0-
NUMBER OF SHARES
BENEFICIALLY OWNED (6) SHARED VOTING POWER 276,727
BY EACH REPORTING
PERSON WITH (7) SOLE DISPOSITIVE POWER -0-
(8) SHARED DISPOSITIVE POWER 276,727
_________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
276,727
_________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
_________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.66%
_________________________________________________________________
(12) TYPE OF REPORTING PERSON*
IA,PN
_________________________________________________________________
<PAGE>
CUSIP No. 212546 10 5 Page 6 of 9
_________________________________________________________________
(1) NAME OF REPORTING PERSON.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Charles R. Kokesh
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
_________________________________________________________________
(5) SOLE VOTING POWER -0-
NUMBER OF SHARES
BENEFICIALLY OWNED (6) SHARED VOTING POWER 276,727
BY EACH REPORTING
PERSON WITH (7) SOLE DISPOSITIVE POWER -0-
(8) SHARED DISPOSITIVE POWER 276,727
_________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
276,727
_________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
_________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.66%
_________________________________________________________________
(12) TYPE OF REPORTING PERSON*
HC,IN
_________________________________________________________________
PAGE>
CUSIP No. 212546 10 5 Page 7 of 9
_________________________________________________________________
(1) NAME OF REPORTING PERSON.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Gregory T. George
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
_________________________________________________________________
(5) SOLE VOTING POWER -0-
NUMBER OF SHARES
BENEFICIALLY OWNED (6) SHARED VOTING POWER 276,727
BY EACH REPORTING
PERSON WITH (7) SOLE DISPOSITIVE POWER -0-
(8) SHARED DISPOSITIVE POWER 276,727
_________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
276,727
_________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
[ ]
_________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.66%
_________________________________________________________________
(12) TYPE OF REPORTING PERSON*
HC,IN
_________________________________________________________________
<PAGE>
CUSIP No. 212546 10 5 Page 8 of 9
_________________________________________________________________
(1) NAME OF REPORTING PERSON.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Peter F. Bernardoni
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
_________________________________________________________________
(5) SOLE VOTING POWER -0-
NUMBER OF SHARES
BENEFICIALLY OWNED (6) SHARED VOTING POWER 276,727
BY EACH REPORTING
PERSON WITH (7) SOLE DISPOSITIVE POWER -0-
(8) SHARED DISPOSITIVE POWER 276,727
_________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 276, 727
_________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
_________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.66%
_________________________________________________________________
(12) TYPE OF REPORTING PERSON*
HC,IN
_________________________________________________________________
<PAGE>
CUSIP No. 212546 10 5 Page 9 of 9
Item 1.
(a) Name of Issuer: Conversion Technologies International, Inc.
(b) Address of Issuer's Principal Executive Offices:
7 Bartola Drive, St. Augustine, FL 32086
Item 2.
(a) Name of Person(s) Filing:
Technology Funding Partners III, LP
Technology Funding Venture Partners V, An Aggressive Growth Fund, LP
Technology Funding Inc.
Technology Funding Ltd.
Charles R. Kokesh
Gregory T. George
Peter F. Bernardoni
(b) Address of Principal Business Office:
2000 Alameda de las Pulgas, Suite 250, San Mateo,California,94403
(c) Citizenship:
United States
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
212546 10 5
Item 3.
If this statement is filed pursuant to Section 240.13d-1(b) or 240.13d-2(b)
or (c), check whether the person filing is a:
(a)[ ]Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b)[ ]Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)[ ]Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d)[ ]Investment company registered under section 8 of the Investment Company
Act of 1940 (15 U.S.C 80a-8).
(e)[ ]An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E);
(f)[ ]An employee benefit plan or endowment fund in accordance with
Section 240.13d-1(b)(1)(ii)(F);
(g)[ ]A parent holding company or control person in accordance with
Section 240.13d-1(b)(1)(ii)(G);
(h)[ ]A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
(i)[ ]A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of 1940
(15 U.S.C. 80a-3);
(j)[X]Group, in accordance with Section 240.13d-1(b)(1)(ii)(J).
Item 4.
Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a)Amount beneficially owned: 276,727
(b)Percent of class: 3.66%
(c)Number of shares as to which the person has:
(i)Sole power to vote or to direct the vote -0-
(ii)Shared power to vote or to direct the vote 276,727
(iii)Sole power to dispose or to direct the disposition of -0-
(iv)Shared power to dispose or to direct the disposition of 276,727
Item 5.
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.
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
Technology Funding Ltd. and Technology Funding Inc. are the investment
advisers to Technology Funding Partners III, L.P., and Technology Funding
Venture Partners V, An Aggressive Growth Fund, LP (the "Funds").
Mr. Kokesh and Mr. George are general partners of Technology Funding Ltd.
Mr. Kokesh, Mr. George and Mr. Bernardoni are officers of Technology Funding
Inc. the shareholder of the Funds.
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 and are held in the ordinary
course of business and 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.
SIGNATURE
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: February 14, 2000 Technology Funding Partners III, LP
By: Technology Funding Inc.,
Managing General Partner
By: /s/ Charles R. Kokesh
Charles R. Kokesh
Chief Executive Officer
Dated: February 14, 2000 Technology Funding Venture Partners V,
An Aggressive Growth Fund, LP
By: Technology Funding Inc.,
Managing General Partner
By: /s/ Charles R. Kokesh
Charles R. Kokesh
Chief Executive Officer
Dated: February 14, 2000 Technology Funding Inc.
A California Corporation
By: /s/ Charles R. Kokesh
Charles R. Kokesh
Chief Executive Officer
Dated: February 14, 2000 Technology Funding Ltd.
A California Limited Partnership
By: /s/ Charles R. Kokesh
Charles R. Kokesh
Managing General Partner
Dated: February 14, 2000 By: /s/ Charles R. Kokesh
Charles R. Kokesh
Dated: February 14, 2000 By: /s/ Gregory T. George
Gregory T. George
Dated: February 14, 2000 By: /s/ Peter F. Bernardoni
Peter F. Bernardoni
