UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Osicom Technologies, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
688271 30 3
(CUSIP Number)
c/o Greenbaum, Rowe, Smith, Ravin, Davis & Himmel
W. Raymond Felton, Esq.
99 Wood Avenue South
P.O. Box 5600
Woodbridge, New Jersey 07095
(Name, Address and Telephone Number of Person
Authorized to Receive Notice and Communications)
September 16, 1996
(Date of Event which requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this
Schedule 13D, and is filing this Schedule because of Rule
13d-1(b)(3) or (4), check the following box ___.
Check the following box if a fee is being paid with the statement
____. (A fee is not required only if the reporting person:
(1) has a previous statement on file 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.)
Note: Six copies of this statement, including all exhibits,
should be filed with the Commission. See Rule 13d-1(a) for
other parties to whom copies are to be sent.
*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>
SCHEDULE 13D
CUSIP NO. 688271 30 3 Page 2 of 4 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Brite Lite Industries, Inc.
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) _X_
Members of Group: Barry Witz
(b) ___
3. SEC USE ONLY
4. SOURCE OF FUNDS*
PF
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ___
Not Applicable
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Brite Lite Industries, Inc. - Nevada corporation
Barry Witz - United States
<PAGE>
7. SOLE VOTING POWER
NUMBER OF
SHARES Brite Lite
BENEFICIALLY Industries, Inc. - 963,425
OWNED BY Barry Witz - 359,500
EACH
REPORTING
PERSON
WITH
8. SHARED VOTING POWER
Brite Lite Industries, Inc. - 0
Barry Witz - 0
9. SOLE DISPOSITIVE POWER
Brite Lite
Industries, Inc. - 963,425
Barry Witz - 359,500
10. SHARED DISPOSITIVE POWER
Brite Lite Industries, Inc. - 0
Barry Witz - 0
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Brite Lite Industries, Inc. - 963,425
Barry Witz - 1,322,925
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* ___
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Brite Lite Industries, Inc. - 9.3%
Barry Witz - 12.8%
14. TYPE OF REPORTING PERSON*
Brite Lite Industries, Inc. - CO
Barry Witz - IN
<PAGE>
Item 1. Security and Issuer
(a) The title of the class of equity securities to which
this statement relates is common stock.
(b) The name and address of the principal executive office
of the issuer is:
Osicom Technologies, Inc.
2800 - 28th Street
Santa Monica, California 90405
Item 2. Identity and Background
(a) (b) Name & Address:
Brite Lite
Industries, Inc. - 505 S. Beverly Dr.
Suite 1066
Beverly Hills, CA 90212
Barry Witz - 1952 Coldwater Canyon Drive
Beverly Hills, CA 90210
(c) Occupation/Employment:
(1) The reporting person is a corporation which
invests in public entities and private entities. Its principal
shareholder, director and officer is Barry Witz.
(2) Barry Witz was appointed a director of Osicom
Technologies, Inc. on September 30, 1996. Mr. Witz also serves
as Chairman of the Board of Saratoga Brands, Inc., a Nasdaq
company engaged in production, importation, and distribution of
premium cheeses and Italian foods. Mr. Witz is focused on
turn-around situations, in which he can bring his financial and
legal expertise to assist in financial restructuring,
recapitalizations, mergers and acquisitions. Since 1994, he has
been Chairman of the Board, Director and President of Brite Lite
Industries, Inc., a privately held company. Mr. Witz has acted
as an attorney for the United States Securities and Exchange
Commission, he has been an officer of the New York Stock
Exchange, and was a Senior Partner in the law firms of Arney,
Hodes, Costello, Berman, and Wood, Lucksinger & Epstein.
(d) During the last five (5) years, neither of the members
of the group have been convicted in a criminal proceeding.
(e) During the last five (5) years, neither of the members
of the group have been a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction as a
result of which either was or is subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or
mandating activities subject, federal or state securities laws or
finding any violation with respect to such laws.
(f) Citizenship:
Brite Lite Industries, Inc. - Nevada corporation
Barry Witz - United States
Item 3. Source and Amount of Funds or Other Consideration
N/A
Item 4. Purpose of Transaction
The reporting persons intend to continue to acquire, in
the open market, additional securities of the Issuer on an
ongoing basis.
The reporting persons have no plans or proposals which
relate to or would result in:
(a) An extraordinary corporate transaction, such as a
merger, reorganization or liquidation, involving the Issuer or
any of its subsidiaries;
(b) A sale or transfer of a material amount of assets
of the Issuer or any of its subsidiaries;
(c) Any material change in the present capitalization
or dividend policy of the Issuer;
(d) Any other material change in the Issuer's business
or corporate structure, including but not limited to, if the
issuer is a registered closed-end investment company, any plans
or proposals to make any changes in its investment policy for
which a vote is required by Section 13 of the Investment Company
Act of 1940;
(e) Changes in the Issuer's charter, by-laws or
instruments corresponding thereto or other actions which may
impede the acquisition or control of the Issuer by any person;
(f) Causing a class of securities of the Issuer to be
delisted from a national securities exchange or to cease to be
authorized to be quoted in an inter-dealer quotation system of a
registered national securities association.
(g) A class of equity securities of the issuer
becoming eligible for termination of registration pursuant to
Section 12(g)(4) of the Act; or
(h) Any action similar to any of those enumerated
above.
Item 5. Interest in Securities of the Issuer
The aggregate number and percentage of the class of
securities identified pursuant to Item 1 beneficially owned by
the reporting person are as follows:
SHARES %
Brite Lite Industries, Inc. 963,425 9.3%
Barry Witz 1,322,925 12.8%
Item 6. Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer.
None.
Item 7. Material to be Filed as Exhibits
There are no exhibits filed with this Schedule.
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.
BRITE LITE INDUSTRIES, INC.
October 21, 1996
By: /s/Barry Witz
_________________________
Barry Witz
